Abstract This study investigated the relationship between energy consumption, carbon dioxide emissions, and macroeconomic variables in Somalia with data spanning from 1990 to 2019 using ARDL model. The study found a negative long-run relationship between carbon dioxide emissions and energy consumption in Somalia, suggesting that improving access to clean energy can reduce the gradual rise of carbon dioxide emissions. The study also found that rising industrial value-added had a significant positive impact on energy consumption. Furthermore, findings from Cholesky's variance decomposition showed that 13.13% of future fluctuations in energy consumption are due to shocks in carbon dioxide emission, 33.63% of future fluctuations in carbon dioxide emissions are due to shocks in energy consumption, 40.63% of future fluctuations in industrialization are due to shocks in energy consumption and 41.23% of future fluctuations in population are due to shocks in energy consumption. There was evidence of a bidirectional causality between: energy consumption and population. The study suggests adding renewable energy technologies to the energy portfolio. This would help reduce reliance on unstable energy sources and reduce the chance that changes in commodity prices will interrupt the energy supply, which eventually would help reduce the effects of climate change. Downloads Download data is not yet available. Author Biographies Maria Mohamed Ali, Faculty of Economics, SIMAD University, Mogadishu, Somalia, Liban Bile Mohamed, Somalia National Bureau of Statistics, Somalia Downloads FULL TEXT Published 2023-05-17 How to Cite Warsame, Z. A., Ali, M. M., Bile Mohamed, L., & Mohamed, F. H. (2023). The Causal Relation between Energy Consumption, Carbon Dioxide Emissions, and Macroeconomic Variables in Somalia. International Journal of Energy Economics and Policy, 13(3), 102–110. https://doi.org/10.32479/ijeep.14262 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 3 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Zakarie Abdi Warsame, The Significance of FDI Inflow and Renewable Energy Consumption in Mitigating Environmental Degradation in Somalia , International Journal of Energy Economics and Policy: Vol. 13 No. 1 (2023) Make a Submission Make a Submission Dergi Kapağı
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Uluslararası
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