Publication Details

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PRINCE ASARE VITENU-SACKEY

  • NUGS-Zhenjiang
  • Applied Economics-finance (Masters)
  • Jiangsu University
Other-Publications (14)

Access to Finance and Agricultural Exports: A Look into the Top 10 Exporting Countries in Africa 27 Jul 2020

International Journal of Management Sciences and Business Research

Corporate Governance as a Red Flag to Thin Capitalization: Study of Corporate Governance Variables Influencing Thin Capitalization in Ghana 27 Jul 2020

International Journal of Management Sciences and Business Research

Financial Development, Foreign Direct Investment and Banking Sector Performance: Evidence from African Countries with Stock Exchange Market 27 Jul 2020

International Journal of Management Sciences and Business Research

Financial Inclusion and Banks Performance: An Empirical Study of 10 West African Countries Using Panel Cointegration FMOLS Regression Methodology 27 Jul 2020

European Journal of Business and Management

FINANCIAL INCLUSION AND POVERTY ALLEVIATION: THE CONTRIBUTION OF COMMERCIAL BANKS IN WEST AFRICA 27 Jul 2020

International Journal of Business, Economics and Management

How Does Democracy Affect Poverty Alleviation? Empirical Evidence from Africa 27 Jul 2020

International Journal of Management Sciences and Business Research

THE IMPACT OF SOCIAL MEDIA ON ECONOMIC GROWTH: EMPIRICAL EVIDENCE OF FACEBOOK, YOUTUBE, TWITTER AND PINTEREST 27 Jul 2020

International Journal of Business, Economics and Management

ASSESSMENT OF GOVERNMENT EXPENDITURE ON SECONDARY EDUCATION AND ITS IMPACT ON SECONDARY SCHOOL ENROLMENT AND ECONOMIC GROWTH: AN EMPIRICAL EVIDENCE OF 27 Jul 2020

International Journal of Information, Business and Management

Stock Market Capitalization, Foreign Direct Investment and Stock Market Performance: A Comparative Study of Ghana and Nigeria 27 Jul 2020

International Journal of Management Sciences and Business Research

The Contributing Factors to Banks Performance in Ghana: Empirical Evidence from 1996 To 2017 27 Jul 2020

International Journal of Management Sciences and Business Research

The Impact of Infant Mortality on Population Growth: An Empirical Evidence of West Africa 27 Jul 2020

International Journal of Management Sciences and Business Research

The Impact of Personal Remittances, FDI and Exports on Economic Growth: Evidence from West Africa 27 Jul 2020

European Journal of Business and Management

Financial inclusion and economic growth: the role of commercial banks in West Africa 27 Jul 2020

The International Journal of Business and Management Research

Financial Development, Foreign Direct Investment and Carbon Emissions: A Comparative Study of West Africa and Southern Africa Regions 13 Sep 2020

International Review of Research in Emerging Markets and the Global Economy (IRREM)

The impact of renewable energy consumption and FDI on carbon emission: An empirical analysis for 15 African countries using panel cointegration regres
International Journal of Management Sciences and Business Research

27 Jul 2020 | 09:45

Abstract

This paper adopts panel cointegration (FMOLS and DOLS) methodologies to establish the relationship among carbon dioxide emission, renewable energy consumption and foreign direct investments for a panel of 15 African countries for the period 2000 – 2014. The empirical results affirm a long run relationship among the variables. The long run estimates of the variables aver that renewable energy consumption is negatively related to carbon dioxide emission meaning renewable energy tends to reduce the pollution that results from carbon emission. Meanwhile, foreign direct investment (FDI) has a positive relationship with carbon emission; in other words, FDI increases or causes a rise in carbon emission in the long run. Some recommendations are proposed to ensure the reduction of carbon emission. Governments are advised to; expand the use of renewable energy consumption, create and build low carbon economies, control the activities of pollutants, reduce tropical deforestation and increase vehicle fuel efficiency and support other solutions that reduce oil use