The impact of energy consumption and CO2 emission on the economic growth and financial development in the Sub Saharan African countries

被引：362
|
作者：
Al-Mulali, Usama [1 ]
Sab, Che Normee Binti Che [2 ]
机构：
[1] Univ Sains Malaysia, Econ Programe, George Town 11800, Malaysia
[2] Univ Sains Malaysia, Econ Sect, George Town 11800, Malaysia
来源：
ENERGY | 2012年 / 39卷 / 01期
关键词：
Total primary energy consumption; CO2; emission; GDP growth; Financial development; Sub Saharan African countries; POLLUTANT EMISSIONS; GDP;
D O I：
10.1016/j.energy.2012.01.032
中图分类号：
O414.1 [热力学];
学科分类号：
摘要：
This study investigated the impact of energy consumption and CO2 emission on GDP (gross domestic product) growth and the financial development in thirty Sub Saharan African Countries. The panel model was used in this study from the period 1980 to 2008. The results showed that energy consumption had played an important role to increase both economic growth and the financial development in the investigated economies but with the consequence of high po llution. This study recommended that these countries should increase energy productivity by increasing energy efficiency, implementation of energy savings projects, energy conservation, and energy infrastructure outsourcing to achieve its financial development and GDP growth and to increase their investment on energy projects to achieve the full energy potential. (c) 2012 Elsevier Ltd. All rights reserved.
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页码：180 / 186
页数：7
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