IDEAS home Printed from https://ideas.repec.org/p/agd/wpaper/21-101.html
   My bibliography  Save this paper

Dynamic Heterogeneous Analysis of Pollution Reduction in SANEM Countries: Lessons from the Energy-Investment Interaction

Author

Listed:
  • Ekundayo Peter Mesagan

    (Pan Atlantic University, Lagos, Nigeria.)

  • Kazeem Bello Ajide

    (University of Lagos, Nigeria)

  • Xuan Vinh Vo

    (University of Economics Ho Chi Minh City, Vietnam)

Abstract

This scientific enquiry examines the role of capital investment in the energy-pollution model in SANEM countries. The methodology is based on the Pooled Mean Group (PMG), which is appropriate for a heterogeneous panel. Findings reveal that energy use negatively impacts CO2 emissions in Algeria, South Africa, Morocco, and the panel, in the short-run; however, it positively impacts CO2pollution in Nigeria, Egypt, and the panel, in the long-run. Again, investment exerts a positive effect on CO2 in South Africa and Algeria, whereas it is negative in Nigeria, Egypt, and Morocco. Capital investment also expands short-run pollution in the panel, but it reduces long-run pollution. Lastly, the energy-investment interaction reduces the panel’s CO2pollution in the short-run and long-run, as well as, in Morocco, Egypt, Nigeria, and South Africa, except in Algeria. Thus, we conclude that capital investment is crucial in the energy-pollution nexus and suggest cooperation in attracting low-carbon emitting investments to the region.

Suggested Citation

  • Ekundayo Peter Mesagan & Kazeem Bello Ajide & Xuan Vinh Vo, 2021. "Dynamic Heterogeneous Analysis of Pollution Reduction in SANEM Countries: Lessons from the Energy-Investment Interaction," Working Papers of the African Governance and Development Institute. 21/101, African Governance and Development Institute..
    • Handle: RePEc:agd:wpaper:21/101
    as

    Download full text from publisher

    File URL: http://www.afridev.org/RePEc/agd/agd-wpaper/Dynamic-Heterogeneous-Analysis-of-Pollution-Reduction-in-SANEM-Countries.pdf
    File Function: Revised version, 2021
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Capital Investment; Carbon Emissions; Energy Use; Energy Policy; Africa;
    All these keywords.

    JEL classification:

    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agd:wpaper:21/101. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Asongu Simplice (email available below). General contact details of provider: https://edirc.repec.org/data/agdiycm.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.