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Industrialization and $CO_{2}$ Emissions in Sub-Saharan Africa: The Mitigating Role of Renewable Electricity
| Content Provider | MDPI |
|---|---|
| Author | Mentel, Urszula Wolanin, Elżbieta Eshov, Mansur Salahodjaev, Raufhon |
| Copyright Year | 2022 |
| Description | This study aims to explore the relationship between industry value added, renewable energy, and $CO_{2}$ emissions in a sample of 44 Sub-Saharan African countries over the period 2000–2015. This study makes several important contributions to extant research. While existing research was focused on the renewable $energy-CO_{2}$ emissions nexus, the current study assesses the moderating role of the renewables sector in the industrialization-CO2 emissions relationship. In addition, this study considers whether EKC relationships will hold after accounting for structural transformations (including industrial contributions to GDPs). Moreover, we are revising the existence of the EKC framework for the Sub-Saharan African countries. Using a two-step system GMM estimator, we found that the share of industry in GDP has a significant positive impact on $CO_{2}$ emissions, while renewable electricity output reduces $CO_{2}$ emissions. If causal, a one percentage point increase in renewable electricity output reduces carbon emissions by 0.22%. Moreover, the renewable energy sector then mediates the positive effect of industry value added on $CO_{2}$ emissions. We also find evidence for the statistical significance of the inverted U-shaped relationship between GDP per capita and $CO_{2}$ emissions. |
| Starting Page | 946 |
| e-ISSN | 19961073 |
| DOI | 10.3390/en15030946 |
| Journal | Energies |
| Issue Number | 3 |
| Volume Number | 15 |
| Language | English |
| Publisher | MDPI |
| Publisher Date | 2022-01-27 |
| Access Restriction | Open |
| Subject Keyword | Energies Environmental Engineering Industry Renewable Energy Co2 Emissions Sub-saharan Africa |
| Content Type | Text |
| Resource Type | Article |