ANALYSIS OF THE LINK BETWEEN CO2 OUTFLOWS, ENERGY UTILIZATION, AND ECONOMIC DEVELOPMENT IN A DEVELOPING COUNTRY: EVIDENCE FROM REPUBLIC OF CONGO

Published by Admin on

  • Title: ANALYSIS OF THE LINK BETWEEN CO2 OUTFLOWS, ENERGY UTILIZATION, AND ECONOMIC DEVELOPMENT IN A DEVELOPING COUNTRY: EVIDENCE FROM REPUBLIC OF CONGO
  • Author: Jean Baptiste Bernard PeaAssounga, Hongxing Yao , Philip Agyei Peprah , Shaibu Ali
  • Description: Developing countries play a number one role in international green-economic development as key holders of green products, and services. Nonetheless, these countries are not sufficiently concerned within the debates on expansion policies, due to their crucial implication in worldwide feasible development. This research aims to analyze the relationship between CO2 outflows, energy utilization, and economic development in the Republic of Congo as well as the presence of a causative link between the factors by applying the Vector Autoregressive model, including as additional proxies’ variables gross-fixed-capital-formation, and rural population. The data cover the period 1985-2018 using cointegration and causality techniques as a methodological approach. The Granger causality test outcomes of cointegrated variables showed that there is one-way Granger causality running from real GDP to Energy utilization, and running from dioxide outflows to real income as well as two– way causative link between Energy utilization and CO2 outflows in Congo. The results also display a bidirectional causal link between the rural population and Energy utilization. Overall evidence confirms that the practice of energy conservancy approach may lead to a significant and negative effect on economic development.
  • Format: Pdf
  • Pages:

    • Download document
    Categories:
    Tags:

    Related Posts

    Events

    IFIC 2025

    Events

    IFIC CONFERENCE 2025

    2025 Islamic Finance International Conference (IFIC) 2025 is organised by the Islamic Finance Research Institute Ghana (IFRIG), under the auspices of the Office of the National Chief Imam (ONCI). •⁠ ⁠Event date: 27th September 2025, 9:00 Read more…

    Publications

    Assessing the Potential Demand for Non-Interest Insurance in Ghana: A Pathway to Ethical and Inclusive Coverage

    Title: Assessing the Potential Demand for Non-Interest Insurance in Ghana: A Pathway to Ethical and Inclusive Coverage Subtitle: Study highlights the need for increased awareness and trust in non-interest insurance to meet the evolving financial Read more…