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To what Extent Does Globalization Influence Climate Change Sensitivity in Sub-Saharan Africa Countries: Evidence from DCCE-MG Approach

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  • Sahar Aghazadeh
  • Jamiu Adetola Odugbesan
  • Aliakbar Saei

Abstract

Though, the issue of climate change is a global challenge that has attracted the attention of various stakeholders, but the understanding of various contributing factors to address the challenge still remains a moot topic. Thus, this study investigates the sensitivity of climate change in Sub-Saharan Africa (SSA) countries to overall globalization, dejure and defacto globalization, population, urbanization and economic growth using a panel data covering the period from 1990-2018. The estimations were performed using the novel Westerlund and Erdgerton panel cointegration approach to estimate the co-movement of the variables in the long run, while the long-run relationship was estimated using the "Dynamic Common Correlated Effect-Mean Group" (DCCE-MG) techniques and used the "Dynamic OLS" and "Fully Modified OLS" for robustness check. Empirical findings reveal the long-run relationship between the variables of interest. In addition, our study shows a significant and positive influence of overall globalization, dejure and defacto globalization, economic growth and urbanization on climate change in SSA countries in the long-run, while population was found to have a negative and significant long-run relationship with climate change. Finally, the findings implications and suggestions for policy makers in SSA countries were presented.

Suggested Citation

  • Sahar Aghazadeh & Jamiu Adetola Odugbesan & Aliakbar Saei, 2023. "To what Extent Does Globalization Influence Climate Change Sensitivity in Sub-Saharan Africa Countries: Evidence from DCCE-MG Approach," Business and Economic Research, Macrothink Institute, vol. 13(2), pages 112-137, December.
  • Handle: RePEc:mth:ber888:v:13:y:2023:i:2:p:112-137
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    References listed on IDEAS

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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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