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image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Energy Policyarrow_drop_down
image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao
Energy Policy
Article . 2018 . Peer-reviewed
License: Elsevier TDM
Data sources: Crossref
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Investigating the multivariate Granger causality between energy consumption, economic growth and CO 2 emissions in Ghana

Authors: Michael Owusu Appiah; Michael Owusu Appiah;

Investigating the multivariate Granger causality between energy consumption, economic growth and CO 2 emissions in Ghana

Abstract

Abstract The economy of Ghana continues to witness a rising demand for energy coupled with growth in gross domestic product that follows a wavy trajectory. In the midst of this economic phenomenon, there is a trend of increasing greenhouse gas emissions with attendant economic, health, and environmental consequences. This paper examines the causal interdependence between energy consumption, economic growth, and CO 2 emissions in Ghana from 1960 to 2015 by using the Toda-Yamamoto and Granger causality tests. The Johansen and Johansen-Juselius cointegration approach and the Autoregressive Distributed Lag bounds-test approach are employed to test for cointegration relationship. The results show that the variables are cointegrated. The causality tests reveal that there is feedback Granger causality between energy consumption and CO 2 emissions. Since there is a causal link between energy consumption and economic growth with its concomitant effect on CO 2 emissions, any energy conservation-oriented policy not derived from energy efficiency and technological progress may hurt the Ghanaian economy. In effect, more effort should be aimed at improving energy efficiency through technological progress, and investment should be made in renewable energy to reduce over-reliance on fossil fuels.

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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
162
Top 1%
Top 10%
Top 1%