The Impact of Renewable Energy and Economic Growth on Environmental Pollution: Using Second-Generation Panel Techniques

Samir Aouini; Hanane Beggat; Zakia Mahlous

doi:10.2478/eb-2023-0012

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The Impact of Renewable Energy and Economic Growth on Environmental Pollution: Using Second-Generation Panel Techniques

Economics and Business

Volume 37 (2023): Issue 1 (January 2023)

By: Samir Aouini , Hanane Beggat and Zakia Mahlous

Open Access

|Nov 2023

Abstract

This study examines the impact of economic growth, renewable energy consumption, and environmental stringency on environmental pollution within the framework of testing the environmental Kuznets hypothesis for 34 African countries during the period from 1990 to 2020 using second-generation panel estimation techniques. To ensure the stability of the variables, the study applied smoothing of the slopes, CADF, and CIPS unit root tests, and the Westerlund co-integration test to confirm the existence of a long-term balanced relationship between the variables based on the results obtained from the CCEMG model estimates of jointly correlated effects. The study confirmed the environmental Kuznets curve hypothesis in African countries, with the results indicating a relationship between growth and pollution in the form of an inverted “N”. Furthermore, it was found that the consumption of renewable energy reduced carbon dioxide emissions.

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Articles in this issue

DOI: https://doi.org/10.2478/eb-2023-0012 | Journal eISSN: 2256-0394 | Journal ISSN: 1407-7337

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Language: English

Page range: 189 - 205

Submitted on: Nov 4, 2023

Accepted on: Nov 15, 2023

Published online: Nov 26, 2023

Published in print: Jan 1, 2023

Published by: Riga Technical University

In partnership with: Paradigm Publishing Services

Publication frequency: 1 issue per year

Keywords:

Environmental pollution,

environmental Kuznets curve,

panel data,

renewable energy

JEL:

C01,

O13,

O44,

Q20,

Q50

Related subjects:

Business and economics,

Political economics,

Political economics, other,

Business management,

Business management, other,

Mathematics and statistics for economists,

Statistics,

Econometrics

© 2023 Samir Aouini, Hanane Beggat, Zakia Mahlous, published by Riga Technical University
This work is licensed under the Creative Commons Attribution 4.0 License.

Volume 37 (2023): Issue 1 (January 2023)