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The role of renewable and fossil fuel energy consumption on environmental sustainability remains inconclusive due to varied economic and technological structure. This study provides new insight by assessing the nexus between the utilization of two energy categories - renewable and conventional,...
Persistent link: https://www.econbiz.de/10012220653
This paper examines the impact of oil price on economic growth in seven low-income oil-importing sub-Saharan African (SSA) countries, namely Ethiopia, Gambia, Mali, Mozambique, Senegal, Tanzania and Uganda. Using panel-Auto Regressive Distributive Lag (panel-ARDL), we examined the impact of oil...
Persistent link: https://www.econbiz.de/10012220940
One of the European Union's (EU) membership conditions includes an ambitious energy policy objective such as energy security, environmental protection and diversification using renewables. However, the impact of the energy policy on environmental sustainability is yet to be assessed. In line...
Persistent link: https://www.econbiz.de/10012221410
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financial sector. In addition to these variables, the market size, openness to trade and financial development variables are …
Persistent link: https://www.econbiz.de/10011887577
This study examines the tripartite relationship between financial development, trade openness and economic growth in … development, trade openness and economic growth, thereby supporting finance- and trade-led growth hypotheses for Ghana, Nigeria … and South Africa. Moreover, long-run causality from financial development and economic growth to trade openness is found …
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