The causal effect of carbon dioxide emissions, electricity consumption, economic growth, and industrialization in Sierra Leone

2016 ◽  
Vol 12 (1) ◽  
pp. 32-39 ◽  
Author(s):  
Samuel Asumadu-Sarkodie ◽  
Phebe Asantewaa Owusu
Author(s):  
Amal Hassan ALmalki, Nahla Sadrudden Samargandi, Abla Abdulh

This study examined the impact of a number of economic determinants such as economic growth, electricity consumption, foreign direct investment, financial development, trade openness and their contribution to increase or decrease of carbon dioxide (CO2) emissions in Saudi Arabia. To explore the long-run relationships between the variables, the autoregressive distributed lag (ARDL) methodology, is employed to analyze time series data for the period 1980-2017. Results indicates that there has is a long-term positive relationship between electricity consumption, economic growth, trade openness, and carbon dioxide emissions. A long-term negative relationship is existed between both foreign direct investment and the financial development, and carbon dioxide emissions. Therefore, we see how important it is to reduce dependence on fossil fuels and switch to renewable energy in electricity production. This indicates the importance of Vision 2030 to reduce dependence on oil as a major source of income and to support economic growth by developing the non-oil sector. And the importance of raising the efficiency of funding and providing the necessary liquidity to support the industrial sectors with the imposition of strict environmental laws.        


2013 ◽  
Vol 734-737 ◽  
pp. 1910-1914 ◽  
Author(s):  
Qiao Zhi Zhao ◽  
Qing You Yan

China is developing at relatively high speed, not only the regional development speed should be focused upon, but also the environmental impact of economic growth should be paid attention to, especially the level change of carbon dioxide emission. To some degree, quantity of carbon dioxide emission has become one of the most important indexes for measuring quality of a nations economic growth. Thus, this thesis is trying to analyze the driving relations between economic growth and carbon dioxide. Upon STIRPAT model, ridge regression method and elasticity theory are applied to analyze the influencing factors of carbon dioxide quantity such as the population quantity, Chinas urbanization process, per capita GDP, energy density and the percentage of the secondary industry. Correspondingly, based on the different influencing variables to carbon dioxide emission quantity, needy measures are brought out to control and decrease emissions. Feasible suggestions are trying to improve Chinas economic development quality.


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