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https://hdl.handle.net/10321/4533
Title: | A meta-analysis of the economic impact of carbon emissions in Africa | Authors: | Rajkoomar, Mogiveny Marimuthu, Ferina Naicker, Nalindren Damascene Mvunabandi, Jean |
Keywords: | 14 Economics;Carbon emissions in Africa;Economic impact;Environmental Kuznets curve;Financial growth in Africa;Industrialization | Issue Date: | 9-Nov-2022 | Publisher: | LLC CPC Business Perspectives | Source: | Rajkoomar, M. et al. 2022. A meta-analysis of the economic impact of carbon emissions in Africa. Environmental Economics. 13(1): 89-100. doi:10.21511/ee.13(1).2022.08 | Journal: | Environmental Economics; Vol. 13, Issue 1 | Abstract: | The economic impact of carbon emissions in Africa is gaining traction in the extant literature. This study adopted Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) to concomitantly track data on carbon emissions versus economic growth in Africa from 2018 to 2022 providing evidence from a meta-analysis. Through database searches, 591 publications were identified. A machine learning algorithm called Latent Dirichlet Allocation (LDA) was used as a visualization technique for reporting trends in the eleven papers selected for the analysis. Identifying, evaluating, and summarizing the findings of all relevant individual studies conducted in Africa on the impact of economic growth on carbon emissions contributes to the existing body of knowledge. This study fills a critical gap by surveying the studies conducted in Africa in the last five years, implying that economic growth negatively and significantly triggers CO2 emissions in Africa. The debate on the economic impact of CO2 emissions in Africa, the most vulnerable continent to climate change, is elucidated. The findings tracked sources of data for carbon emissions in Africa. The results showed that although some studies reported a positive correlation (and some a negative correlation) between economic growth and carbon emissions, most studies concur that the economic impact of carbon emissions over a timeline can be explained by the Environmental Kuznets Curve (EKC) hypothesis. Therefore, there is a dire need for African countries to strengthen economic growth without deteriorating their environment or having ecological footprint. Future research must assess whether this trend on the economic impact of carbon emissions in Africa continues. AcknowledgmentThe authors express their appreciation to the Durban University of Technology for providing the resources to conduct this study. |
URI: | https://hdl.handle.net/10321/4533 | ISSN: | 1998-6041 1998-605X (Online) |
DOI: | 10.21511/ee.13(1).2022.08 |
Appears in Collections: | Research Publications (Accounting and Informatics) |
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Environmental Economics Copyright Clearance.docx | Copyright clearance | 202.32 kB | Microsoft Word XML | View/Open |
Rajkoomar et al_2022.pdf | Article | 566.82 kB | Adobe PDF | View/Open |
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