Energy Trade Amidst Sustainable Economic Growth in Regional Cooperation of West African States: Fresh Evidence from Panel CS-ARDL

<p>This study aims to examine the influence of energy trade, energy use, and carbon emission on economic growth for the period of 1970-2019, in regional cooperation of West African states. This study employed second generation techniques. The results revealed that energy trade increased econom...

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Autores principales:	Abubakar Mohammed Atiku, Suraya Ismail, Ali Umar Ahmad
Formato:	article
Lenguaje:	EN
Publicado:	EconJournals 2021
Materias:	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5
Acceso en línea:	https://doaj.org/article/0528b2a6169e4a9f98ae52811fad3dee
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id	oai:doaj.org-article:0528b2a6169e4a9f98ae52811fad3dee
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spelling	oai:doaj.org-article:0528b2a6169e4a9f98ae52811fad3dee2021-11-12T07:27:31ZEnergy Trade Amidst Sustainable Economic Growth in Regional Cooperation of West African States: Fresh Evidence from Panel CS-ARDL2146-4553https://doaj.org/article/0528b2a6169e4a9f98ae52811fad3dee2021-11-01T00:00:00Zhttps://econjournals.com/index.php/ijeep/article/view/11598https://doaj.org/toc/2146-4553<p>This study aims to examine the influence of energy trade, energy use, and carbon emission on economic growth for the period of 1970-2019, in regional cooperation of West African states. This study employed second generation techniques. The results revealed that energy trade increased economic growth in the long run. However, in short run energy trade reduced in economic growth. Besides, energy consumption impeded the economic growth in both short run and long run, while carbon emission increased the economic growth in both short run and long run. The energy crisis of 2014 decreased economic growth. Moreover, the result of interaction term of energy consumption and carbon emission showed positive influence on economic in both short run and long run. In addition, the results of causality showed uni-directional causal relationship from energy trade to economic growth. Policy recommendations can be made, in the sense that policies should be geared towards promoting renewable sustainable energy conservation policy that could possibly improve economic integration.</p><p><strong>Keywords: </strong>Economic Growth, Energy Trade, Regional Cooperation of West African States, Second Generation Techniques</p><p><strong>JEL Classifications: </strong>F34, K32, O55, C01</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11598">https://doi.org/10.32479/ijeep.11598</a></p>Abubakar Mohammed AtikuSuraya IsmailAli Umar AhmadEconJournalsarticleEnvironmental sciencesGE1-350Energy industries. Energy policy. Fuel tradeHD9502-9502.5ENInternational Journal of Energy Economics and Policy, Vol 11, Iss 6, Pp 262-269 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5
spellingShingle	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5 Abubakar Mohammed Atiku Suraya Ismail Ali Umar Ahmad Energy Trade Amidst Sustainable Economic Growth in Regional Cooperation of West African States: Fresh Evidence from Panel CS-ARDL
description	<p>This study aims to examine the influence of energy trade, energy use, and carbon emission on economic growth for the period of 1970-2019, in regional cooperation of West African states. This study employed second generation techniques. The results revealed that energy trade increased economic growth in the long run. However, in short run energy trade reduced in economic growth. Besides, energy consumption impeded the economic growth in both short run and long run, while carbon emission increased the economic growth in both short run and long run. The energy crisis of 2014 decreased economic growth. Moreover, the result of interaction term of energy consumption and carbon emission showed positive influence on economic in both short run and long run. In addition, the results of causality showed uni-directional causal relationship from energy trade to economic growth. Policy recommendations can be made, in the sense that policies should be geared towards promoting renewable sustainable energy conservation policy that could possibly improve economic integration.</p><p><strong>Keywords: </strong>Economic Growth, Energy Trade, Regional Cooperation of West African States, Second Generation Techniques</p><p><strong>JEL Classifications: </strong>F34, K32, O55, C01</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11598">https://doi.org/10.32479/ijeep.11598</a></p>
format	article
author	Abubakar Mohammed Atiku Suraya Ismail Ali Umar Ahmad
author_facet	Abubakar Mohammed Atiku Suraya Ismail Ali Umar Ahmad
author_sort	Abubakar Mohammed Atiku
title	Energy Trade Amidst Sustainable Economic Growth in Regional Cooperation of West African States: Fresh Evidence from Panel CS-ARDL
title_short	Energy Trade Amidst Sustainable Economic Growth in Regional Cooperation of West African States: Fresh Evidence from Panel CS-ARDL
title_full	Energy Trade Amidst Sustainable Economic Growth in Regional Cooperation of West African States: Fresh Evidence from Panel CS-ARDL
title_fullStr	Energy Trade Amidst Sustainable Economic Growth in Regional Cooperation of West African States: Fresh Evidence from Panel CS-ARDL
title_full_unstemmed	Energy Trade Amidst Sustainable Economic Growth in Regional Cooperation of West African States: Fresh Evidence from Panel CS-ARDL
title_sort	energy trade amidst sustainable economic growth in regional cooperation of west african states: fresh evidence from panel cs-ardl
publisher	EconJournals
publishDate	2021
url	https://doaj.org/article/0528b2a6169e4a9f98ae52811fad3dee
work_keys_str_mv	AT abubakarmohammedatiku energytradeamidstsustainableeconomicgrowthinregionalcooperationofwestafricanstatesfreshevidencefrompanelcsardl AT surayaismail energytradeamidstsustainableeconomicgrowthinregionalcooperationofwestafricanstatesfreshevidencefrompanelcsardl AT aliumarahmad energytradeamidstsustainableeconomicgrowthinregionalcooperationofwestafricanstatesfreshevidencefrompanelcsardl
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Energy Trade Amidst Sustainable Economic Growth in Regional Cooperation of West African States: Fresh Evidence from Panel CS-ARDL

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