Trade Openness and Energy Consumption in Sub-Saharan African Countries Economic: Evidence from Disaggregated Data

2021 ◽  
Author(s):  
Nicholas Odhiambo
Keyword(s):  
Energy Consumption ◽  
Trade Openness ◽  
Economic Evidence ◽  
African Countries ◽  
Disaggregated Data ◽  
Sub Saharan

scholarly journals The Long-Run Effects of Trade Openness on Carbon Emissions in Sub-Saharan African Countries

Energies ◽  
2020 ◽  
Vol 13 (20) ◽  
pp. 5295
Author(s):  
Huaping Sun ◽  
Love Enna ◽  
Augustine Monney ◽  
Dang Khoa Tran ◽  
Ehsan Rasoulinezhad ◽  
...  
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Carbon Emissions ◽  
Negative Impact ◽  
Trade Openness ◽  
Sustainable Growth ◽  
African Countries ◽  
Long Run ◽  
Study Results ◽  
Sub Saharan

Using a panel cointegration model developed based on the data extracted from the World Bank indicators, this study quantified the relationship between carbon emissions, energy consumption, economic growth, and trade openness in sub-Saharan African countries. It discovered from our analysis that there exists a long-run causality association amongst CO2 emissions, energy consumption, economic growth, and trade openness. The study noted the existence of the Environmental Kuznets Curve (EKC) in the panel using the square term for trade openness; it was found to have a negative impact, thus trade in the long run will somewhat decrease the environmental pollution in this region. The study results imply that there should be stringent policies and rigorous enforcement in sub-Saharan African to ensure sustainable growth without associative environmental issues.

scholarly journals Long-Run and Short-Run Effects of Trade Openness on Life Quality in Sub-Saharan Africa

2021 ◽  
Vol 11 (8) ◽  
pp. 72-83
Author(s):  
Guivis Zeufack Nkemgha ◽  
Aimée Viviane Mbita ◽  
Symphorin Engone Mve ◽  
Rodrigue Tchoffo
Keyword(s):  
Trade Openness ◽  
Life Quality ◽  
Sub Saharan Africa ◽  
African Countries ◽  
Pooled Mean Group ◽  
Long Run ◽  
Short Run ◽  
French Colonies ◽  
Sub Saharan ◽  
British Colonies

This paper contributes to the understanding of the other neglected effects of trade openness by analysing how it affects life quality in sub-Saharan African countries over the period 2000–2016. We used two trade openness indicators, namely: Squalli and Wilson index and the rate of trade. The empirical evidence is based on a pooled mean group approach. With two panels differentiated by their colonial origin, the following findings are established: the trade openness variable measured by Squalli and Wilson index has no effect on life quality in the both groups of countries in the short-run. However, it has a positive and significant effect on life quality in the both group of countries in the long-run. The use of the rate of trade confirms the results in the both groups of countries in the long-run. The contribution of trade openness to life quality is 3.27 and 5.19 times higher in the Former British Colonies than that recorded in the Former French Colonies of SSA respectively to the use of Squalli and Wilson index and the rate of trade. Overall, we find strong evidence supporting the view that trade openness promotes life quality in SSA countries in the long run.

scholarly journals The Importance of Green Energy Consumption and Agriculture in Reducing Environmental Degradation: Evidence From Sub-Saharan African Countries

2019 ◽  
Vol 10 (5) ◽  
pp. 215 ◽  
Author(s):  
Gholamreza Zandi ◽  
Muhammad Haseeb
Keyword(s):  
Energy Consumption ◽  
Environmental Degradation ◽  
Developing Economies ◽  
Environmental Hazards ◽  
Green Energy ◽  
African Countries ◽  
Environment Change ◽  
Panel Causality ◽  
Sub Saharan ◽  
Heterogeneous Panel

In recent period of energy focus countries have paid more consideration to the argumentative topic of green energy in both developed and developing economies. Renewable energy is also called green energy. It is described as the energy that is collected by renewable bases of wind, waves, geothermal, sunlight, heat and rain etc. and gives least harm to the nature and environment. The rapid placing of green energy is providing a noteworthy economic profit, energy security and environment change mitigation. Therefore, this current research investigates the association of green energy consumption with environmental degradation by utilizing panel data of 35 sub-Saharan African countries from 1995 to 2017. Moreover, we utilize the advanced panel techniques to investigate the cross-section independence. We also apply CIPS unit root test, Westerlund (2007) bootstrap cointegration, Panel Pedroni and Kao co-integration, FMOLS, DOLS and heterogeneous panel causality methods. The results confirm that all factors are connected in the long-term period. The outcomes also explain that the green energy utilization has a negative impact on environmental hazards and support to decrease environmental hazards. Likewise, globalization has a positive and significant effect on environmental hazards. Also, the agriculture productions also play a significant and positive impact on environmental degradation. Finally, the heterogeneous panel causality confirms a bi-directional causal relationship between green energy consumption and environmental degradation in all sub-Saharan African countries. This current research offers valuable strategy suggestions for the management and the policymakers.

Challenging the Orthodoxy: African Development in the Age of Openness

2007 ◽  
Vol 6 (4) ◽  
pp. 457-493 ◽  
Author(s):  
Jamee Moudud ◽  
Karl Botchway
Keyword(s):  
Trade Openness ◽  
Developmental State ◽  
Policy Position ◽  
Income Convergence ◽  
African Countries ◽  
African Development ◽  
The North ◽  
Empirical Level ◽  
History Of ◽  
Sub Saharan

AbstractDoes trade openness necessarily lead to income convergence between countries in the North and South and hence facilitates social development? This paper challenges this claim with regards to African development in the age of neo-liberalism. The paper argues that a one-sided reading of the history of an early phase of globalization by advocates of neo-liberalism seems to have turned trade openness into a mantra for African development. Furthermore the paper challenges the rhetoric of competitiveness that underpins the rationale for neo-liberalism by critiquing the neoclassical model of competition. The neo-liberal policy position, as the paper suggests is problematic at an empirical level also. In a test for convergence for eleven sub-Saharan African countries described as good adjusters by advocates of trade openness, the paper shows that a straightforward openness per se guarantees nothing as far their growth rates are concerned. Rather this paper suggests that the role of the “developmental state” needs to be brought back in order to facilitate the international competitiveness of African countries. It will be argued that such a role for the developmental state rests on a very different conceptualization of the nature of capitalist competition and growth. In the final instance, then, we suggest the need for building a theory of the developmental state that rests on non-neoclassical macro- and micro-foundations.

scholarly journals Trade Openness and Competitiveness: BRICS and Sub-Saharan Africa Countries

2021 ◽  
Vol 16 (1) ◽  
pp. 64-84
Author(s):  
Lamia Jamel ◽  
◽  
Abdelkader Derbali ◽  
Ali Lamouchi ◽  
Ahmed Elnagar ◽  
...  
Keyword(s):  
Trade Openness ◽  
Industrial Sector ◽  
Trade Flows ◽  
Sub Saharan Africa ◽  
African Countries ◽  
Brics Countries ◽  
Manufactured Products ◽  
Identification Test ◽  
Sub Saharan ◽  
Do So

The aim of this study is to highlight the key competitiveness elements that promote trade flows between the BRICS countries of Brazil, Russia, India, China and South Africa and those in Sub-Saharan Africa. To do so, we employ the econometrics of panel data during the period of study from 1995 to 2018. We apply the Blundell and Bond GMM estimator [1998] and we utilize Sargan’s [1958] over-identification test to confirm the validity of delayed variables in level and difference as instruments used in our estimations. The empirical findings of our study show that trade policy actions, high natural resource allocation and the evolution of gross domestic product (GDP) per capita of the participating countries promote this trade openness between BRICS and Sub-Saharan Africa economies. Additionally, African countries need to develop their industrial sector to export more high-value manufactured products.

scholarly journals Determinants of Foreign Direct Investment: A Panel Data Analysis for Sub-Saharan African Countries

2019 ◽  
Vol 9 (1) ◽  
pp. 80-87 ◽  
Author(s):  
Semra Boğa
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Panel Data Analysis ◽  
Trade Openness ◽  
Gdp Growth ◽  
Annual Data ◽  
African Countries ◽  
Fdi Inflows ◽  
Sub Saharan ◽  
Determinants Of Fdi

The aim of this study is to investigate the determinants of FDI inflows in Sub-Saharan African countries. In this study, panel data analysis was performed by using annual data from 23 countries for the period of 1975-2017. The Pesaran (2004) Cross-Section Dependence Test was performed to test correlation and IPS Unit Root Test was applied to reveal the stationary level between the units. Based on the PMG estimator results GDP growth, trade openness, domestic credit, natural resources and telecommunication infrastructure are all found to be the determinants of FDI inflows in Sub-Saharan countries in the long term. But, in the short term, only the GDP growth and trade openness determines the FDI inflows.

scholarly journals Washington Consensus Reforms and Lessons for Economic Performance in Sub-Saharan Africa

2021 ◽  
Vol 35 (3) ◽  
pp. 133-156
Author(s):  
Belinda Archibong ◽  
Brahima Coulibaly ◽  
Ngozi Okonjo-Iweala
Keyword(s):  
Economic Performance ◽  
Trade Openness ◽  
Sub Saharan Africa ◽  
Washington Consensus ◽  
Fiscal Discipline ◽  
African Countries ◽  
Policy Performance ◽  
Real Gdp ◽  
Per Capita ◽  
Sub Saharan

Over three decades after market-oriented structural reforms termed “Washington Consensus” policies were first implemented, we revisit the evidence on policy adoption and the effects of these policies on socio-economic performance in sub-Saharan African countries. We focus on three key ubiquitous reform policies around privatization, fiscal discipline, and trade openness and document significant improvements in economic performance for reformers over the past two decades. Following initial declines in per capita economic growth over the 1980s and 1990s, reform adopters experienced notable increases in per capita real GDP growth in the post-2000 period. We complement aggregate analysis with four country case studies that highlight important lessons for effective reform. Notably, the ability to implement pro-poor policies alongside market-oriented reforms played a central role in successful policy performance.

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