Energy Consumption, Carbon Emissions, and Economic Growth Causality Analysis in Sub-Saharan African Countries

EasyChair Preprint 14453

Abstract

This study explores the intricate relationships between energy consumption, carbon emissions, and economic growth in Sub-Saharan African countries through a causality analysis. The region, characterized by rapid economic development and increasing energy demand, faces significant challenges in balancing growth with environmental sustainability. By employing panel data from multiple Sub-Saharan nations over the past few decades, this research investigates the direction of causality between these three variables. The findings reveal a complex interplay where energy consumption drives economic growth, but at the cost of rising carbon emissions, posing a significant threat to environmental goals. Conversely, the study also uncovers instances where economic growth leads to increased energy demand, further exacerbating carbon emissions.

Keyphrases: 1. Energy Consumption, 10. Renewable Energy, 11. Energy Policy, 12. Economic Development, 13. Climate Change, 14. Fossil Fuels, 15. GDP, 16. Decarbonization, 17. Energy-Economy Nexus, 18. Panel Data Analysis, 19. Regional Development, 2. Carbon Emissions, 20. Industrialization, 3. Economic growth, 4. Sub-Saharan Africa, 5. Causality Analysis, 6. Granger Causality, 7. Vector Autoregression (VAR), 8. Sustainable Development, 9. Environmental Sustainability

@booklet{EasyChair:14453,
  author    = {Wayzman Kolawole},
  title     = {Energy Consumption, Carbon Emissions, and Economic Growth Causality Analysis in Sub-Saharan African Countries},
  howpublished = {EasyChair Preprint 14453},
  year      = {EasyChair, 2024}}