Munich Personal RePEc Archive

Revisiting the Environmental Kuznets Curve and the Role of Energy Consumption: The Case of Namibia

Sunde, Tafirenyika (2018): Revisiting the Environmental Kuznets Curve and the Role of Energy Consumption: The Case of Namibia.

[img]
Preview
PDF
MPRA_paper_86507.pdf

Download (362kB) | Preview

Abstract

The study investigated the dynamic relationship between CO2 emissions, economic growth, and energy consumption for the period 1991:q1-2016:q4 in Namibia. The study applied the ARDL and Granger causality analysis to investigate the long run and causal relationships among these variables, respectively. The study confirmed a long run relationship between CO2 emissions, economic growth, and energy consumption. The results showed that the Environmental Kuznets Curve (EKC) is found in both long and short runs in Namibia and that all the variables Granger cause each other. These results imply that economic growth can be a remedy for environmental degradation which means that the exploitation of natural resources to realize economic growth can be accepted until the turning point of the EKC curve is reached. The study recommends that actions to slow down the release of CO2 emissions and the raising of awareness about environmental concerns should wait until the economy reaches high-income levels.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.