IDEAS home Printed from https://ideas.repec.org/a/eee/eneeco/v126y2023ics0140988323005170.html
   My bibliography  Save this article

Foreign direct investment and inclusive green growth in Africa: Energy efficiency contingencies and thresholds: Comment

Author

Listed:
  • Acheampong, Alex O.

Abstract

In this paper, I provide an econometric audit and comment on the paper by Ofori, Gbolonyo, and Ojong (2023), which examined whether there is a synergy between energy efficiency and foreign direct investment in inclusive green growth using panel data for 23 African countries from 2000 to 2020. In their paper, the authors showed that the negative effect of foreign direct investment on environmental quality is reduced when conditioned by energy efficiency. The authors further presented threshold analysis, which showed that improving energy efficiency conditions foreign direct investment to improve inclusive green growth and socioeconomic sustainability. In this paper, I argue that their conditional effect hypothesis results, which are the basis of their paper, hold because of “model misspecification” and the “misreporting of some estimates.” Thus, after correcting for the misspecification, I found no significant synergistic and threshold effect of energy efficiency and foreign direct investment on inclusive green growth and socioeconomic sustainability. I also found evidence during the replication that some variables' coefficients and post-estimation statistics in the authors' paper are inconsistent with what I found. The flaws in the paper suggest that no appropriate conclusion and policy implications can be drawn from the paper.

Suggested Citation

  • Acheampong, Alex O., 2023. "Foreign direct investment and inclusive green growth in Africa: Energy efficiency contingencies and thresholds: Comment," Energy Economics, Elsevier, vol. 126(C).
    • Handle: RePEc:eee:eneeco:v:126:y:2023:i:c:s0140988323005170
    DOI: 10.1016/j.eneco.2023.107019
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0140988323005170
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.eneco.2023.107019?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:eee:eneeco:v:126:y:2023:i:c:s0140988323005170. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eneco .

    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.