Research Article

Impact of Economic Growth on Environmental Degradation and Energy Consumption in South Africa: A Cointegration Analysis

Volume: 7 Number: 1 June 30, 2022
TR EN

Impact of Economic Growth on Environmental Degradation and Energy Consumption in South Africa: A Cointegration Analysis

Abstract

The present research focuses on the impact of economic growth on environmental degradation and energy usage by including the role of urbanization in South Africa between 1971 and 2015. By employing the Johansen and Bounds test cointegration approaches for this research, we revealed a long-run linkage among the variables. Also, according to the results of the study the ARDL exposes that (i) energy use and urbanization exert a positive effect on environmental degradation ; (ii) environmental degradation impacts economic growth positively; (iii) economic growth and environmental degradation exert a positive impact on energy usage; and finally (iv) urbanization exerts a negative influence on energy use in South Africa. The outcomes of both FMOLS and DOLS support the findings of the ARDL. In addition, the outcomes of the Granger causality test showed that a one-way causal relationship from all the regressors to economic growth in the long run. Besides, there is a unidirectional causal relationship running from economic growth to energy use and urbanization in the short run.

Keywords

References

  1. AbdulKareem, H. K., Adebayo, T. S., Kirikkaleli, D., Shah, M. I., & Abbas, S. (2022). CO2 behavior amidst the COVID-19 pandemic in the United Kingdom: The role of renewable and non-renewable energy development. Renewable Energy, 124 (10), 67-75
  2. Adebayo, T. S. (2020). Revisiting the EKC hypothesis in an emerging market: an application of ARDL-based bounds and wavelet coherence approaches. SN Applied Sciences, 2(12), 1-15.
  3. Adebayo, T. S., & Beton Kalmaz, D. (2020). Ongoing debate between foreign aid and economic growth in Nigeria: a wavelet analysis. Social Science Quarterly, 101(5), 2032-2051.

Details

Primary Language

English

Subjects

Economics

Journal Section

Research Article

Publication Date

June 30, 2022

Submission Date

May 10, 2022

Acceptance Date

June 22, 2022

Published in Issue

Year 2022 Volume: 7 Number: 1

APA
Awosusi, A. A., Olanrewaju, O. V., Ojekemi, O., Kutlay, K., Kirikkaleli, D., & Sevinç, H. (2022). Impact of Economic Growth on Environmental Degradation and Energy Consumption in South Africa: A Cointegration Analysis. JOEEP: Journal of Emerging Economies and Policy, 7(1), 383-394. https://izlik.org/JA48KB24MN
AMA
1.Awosusi AA, Olanrewaju OV, Ojekemi O, Kutlay K, Kirikkaleli D, Sevinç H. Impact of Economic Growth on Environmental Degradation and Energy Consumption in South Africa: A Cointegration Analysis. JOEEP. 2022;7(1):383-394. https://izlik.org/JA48KB24MN
Chicago
Awosusi, Abraham Ayobamiji, Olushola Victoria Olanrewaju, Opeoluwa Ojekemi, Kaan Kutlay, Dervis Kirikkaleli, and Haktan Sevinç. 2022. “Impact of Economic Growth on Environmental Degradation and Energy Consumption in South Africa: A Cointegration Analysis”. JOEEP: Journal of Emerging Economies and Policy 7 (1): 383-94. https://izlik.org/JA48KB24MN.
EndNote
Awosusi AA, Olanrewaju OV, Ojekemi O, Kutlay K, Kirikkaleli D, Sevinç H (June 1, 2022) Impact of Economic Growth on Environmental Degradation and Energy Consumption in South Africa: A Cointegration Analysis. JOEEP: Journal of Emerging Economies and Policy 7 1 383–394.
IEEE
[1]A. A. Awosusi, O. V. Olanrewaju, O. Ojekemi, K. Kutlay, D. Kirikkaleli, and H. Sevinç, “Impact of Economic Growth on Environmental Degradation and Energy Consumption in South Africa: A Cointegration Analysis”, JOEEP, vol. 7, no. 1, pp. 383–394, June 2022, [Online]. Available: https://izlik.org/JA48KB24MN
ISNAD
Awosusi, Abraham Ayobamiji - Olanrewaju, Olushola Victoria - Ojekemi, Opeoluwa - Kutlay, Kaan - Kirikkaleli, Dervis - Sevinç, Haktan. “Impact of Economic Growth on Environmental Degradation and Energy Consumption in South Africa: A Cointegration Analysis”. JOEEP: Journal of Emerging Economies and Policy 7/1 (June 1, 2022): 383-394. https://izlik.org/JA48KB24MN.
JAMA
1.Awosusi AA, Olanrewaju OV, Ojekemi O, Kutlay K, Kirikkaleli D, Sevinç H. Impact of Economic Growth on Environmental Degradation and Energy Consumption in South Africa: A Cointegration Analysis. JOEEP. 2022;7:383–394.
MLA
Awosusi, Abraham Ayobamiji, et al. “Impact of Economic Growth on Environmental Degradation and Energy Consumption in South Africa: A Cointegration Analysis”. JOEEP: Journal of Emerging Economies and Policy, vol. 7, no. 1, June 2022, pp. 383-94, https://izlik.org/JA48KB24MN.
Vancouver
1.Abraham Ayobamiji Awosusi, Olushola Victoria Olanrewaju, Opeoluwa Ojekemi, Kaan Kutlay, Dervis Kirikkaleli, Haktan Sevinç. Impact of Economic Growth on Environmental Degradation and Energy Consumption in South Africa: A Cointegration Analysis. JOEEP [Internet]. 2022 Jun. 1;7(1):383-94. Available from: https://izlik.org/JA48KB24MN

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