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Clean energy-growth nexus in sub-Saharan Africa: Evidence from cross-sectionally dependent heterogeneous panel with structural breaks

Références

  • publications
  • 2016
  • Editeur : Elsevier
  • publié Renewable and Sustainable Energy Reviews
  • Vol. 57
  • p. 1237-1244
  • 8 p.
  • Référence : A2016.17
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    Auteur(s) : HAMIT-HAGGAR
    Abstract / Résumé : This paperexaminestheexistenceandnatureofacausalityrelationshipbetweencleanenergycon- sumption andeconomicgrowthforapanelofelevensub-SaharanAfricancountriesovertheperiod 1971–2007.Weapplythepanelunitroottestthataccountsforthepresenceofmultiplestructuralbreaks [13] and thenewly-developedpanelcointegrationmethodologywhichallowsforcross-sectiondepen- dence andmultiplestructuralbreaks [38] as wellasabootstrap-correctedGrangercausalitytest.The estimation resultsshowthatthereiscointegrationbetweencleanenergyconsumptionandeconomic growth.Further,theresultsfromthepanelcausalitytestsindicatethatthereisindeedaunidirectional Grangercausal flowfromcleanenergyconsumptiontoeconomicgrowth.