Causal Examination of Carbon Emissions and Economic Growth for Sustainable Environment: Evidence from Ghana

• Adeleye, Bosede Ngozi ^[2] ; Nketiah, Emmanuel ^[1] ; Adjei, Mavis ^[3]
  1. [1] Nanjing University of Science and Technology

     Nanjing University of Science and Technology

     China

     
  2. [2] Department of Economics and Development Studies, Covenant UniversityRegional Centre of Expertise (RCE) Ogun Centre for Economic Policy and Development Research (CEPDeR), Covenant University
  3. [3] School of Business, Nanjing University of Information Science & Technology, Pukou District, Nanjing

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• Localización: Estudios de economía aplicada, ISSN 1133-3197, ISSN-e 1697-5731, Vol. 39, Nº 8, 2021 (Ejemplar dedicado a: Sustainable Economic Development: Pattern and Perspective)
• Idioma: inglés
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• Resumen

  • This study aligns with the 2030 Sustainable Development Goals (SDGs) 8, and 13 to evaluate the causal relationship between carbon emissions and economic growth in Ghana from 1960 to 2018. Using a battery of econometric techniques, findings indicate, among others, that economic growth is a positive predictor of carbon emissions. Inferences from these estimations point to a growth-led emissions nexus in Ghana. The causal analysis further provides evidence, though weak, that economic growth Granger-cause carbon emissions. Hence, policymakers should encourage coal gasification in Ghana, offering better environmental benefits at a lower cost to address the atmospheric build-up of carbon dioxide.