Impact of international trade, energy consumption and income on environmental degradation in Africa's OPEC member countries

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dc.contributor.authorIorember, Paul Terhemba
dc.contributor.authorGbaka, Solomon
dc.contributor.authorJelilov, Gylych
dc.contributor.authorAlymkulova, Nargiza
dc.contributor.authorUsman, Ojonugwa
dc.date.accessioned2023-02-16T11:17:30Z
dc.date.available2023-02-16T11:17:30Z
dc.date.issued2022en_US
dc.departmentFakülteler, İşletme Fakültesi, İktisat Bölümüen_US
dc.description.abstractThe huge endowment, exploitation and trading of carbon content energy resources by the African OPEC member countries for economic expansion substantiate the fears of increasing global warming and environmental degradation. This study explores the dynamic effects of trade flows, energy consumption and per capita income on environmental degradation in seven of Africa's OPEC member countries (Algeria, Angola, Congo, Equatorial Guinea, Gabon, Libya and Nigeria), within the framework of the environmental Kuznets curve (EKC) and the pollution haven hypothesis (PHH). By employing the bootstrap panel cointegration test and the PMG/ARDL estimation technique on panel data spanning from 1990 to 2017, the empirical results show a positive but insignificant effect of trade flows on environmental degradation. The results further show that while renewable energy dampens environmental degradation, non-renewable energy exerts upward pressure on environmental degradation. In addition, the results provide evidence in support of a U-shaped EKC in the long run. The study, therefore, recommends the expansion of renewable energy consumption to ensure not only environmental sustainability but also to attain the regional goal of sustainable development.en_US
dc.identifier.doi10.1111/1467-8268.12629en_US
dc.identifier.scopus2-s2.0-85128404119en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.urihttps://hdl.handle.net/11467/6248
dc.identifier.urihttps://doi.org/10.1111/1467-8268.12629
dc.identifier.wosWOS:000783072700001en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherJohn Wiley and Sons Incen_US
dc.relation.ispartofAfrican Development Reviewen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/embargoedAccessen_US
dc.subjectAfrica's OPEC countries; EKC hypothesis; energy consumption; environmental degradationen_US
dc.titleImpact of international trade, energy consumption and income on environmental degradation in Africa's OPEC member countriesen_US
dc.typeArticleen_US

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