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The Long‐run Effects of Political Regimes and Economic Openness on Energy Intensity

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  • Philip Kofi Adom

Abstract

This study investigates the effects of trade openness and political regimes on energy intensity, using the case of Ghana in sub‐Saharan Africa. The study adopts the Stock–Watson dynamic OLS to deal with the problems of endogeneity and serial correlation. The findings reveal that while openness reduces energy intensity, democracy increases it. The latter result can be attributed to the existence of pressure interest groups, rent‐seeking behaviour, high corruption, regulatory failures and the lack of coordination that characterize Ghana's democratic governance. Further results reveal a significant role for the price of energy in terms of reducing energy intensity.

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  • Philip Kofi Adom, 2018. "The Long‐run Effects of Political Regimes and Economic Openness on Energy Intensity," African Development Review, African Development Bank, vol. 30(4), pages 399-409, December.
    • Handle: RePEc:bla:afrdev:v:30:y:2018:i:4:p:399-409
    DOI: 10.1111/1467-8268.12347
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    2. Jacques Simon Song, 2021. "Le rôle des clivages des partis politiques dans le renforcement de la démocratie en Afrique," African Development Review, African Development Bank, vol. 33(1), pages 91-103, March.

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