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Addressing Africa’s carbon dioxide emission: the role of natural resources, control of corruption, voice and accountability and regulatory quality

Paul Adjei KwakwaSchool of Arts and Social Sciences, University of Energy and Natural Resources, Sunyani, GhanaSolomon AboagyeDepartment of Business Studies, Lancaster University, Accra, Ghana
2024en
ABI

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Purpose The study examines the effect of natural resources (NRs) and the control of corruption, voice and accountability and regulatory quality on carbon emissions in Africa. Aside from their individual effects, the moderation effect of institutional quality is assessed. Design/methodology/approach Data from 32 African countries from 2002 to 2021 and the fully modified ordinary least squares (FMOLS) and dynamic ordinary least squares (DOLS) regression methods were used for the investigation. Findings In the long term, the NRs effect is sensitive to the estimation technique employed. However, quality regulatory framework, robust corruption control and voice and accountability abate any positive effect of NRs on carbon emissions. Institutional quality can be argued to moderate the CO2-emitting potentials of resource extraction in the selected African countries. Practical implications Enhancing regulation quality, enforcing corruption control and empowering citizens towards greater participation in governance and demanding accountability are essential catalyst to effectively mitigate CO2 emissions resulting from NRs. Originality/value The moderation effect of control of corruption, voice and accountability and regulatory quality on the NR–carbon emission nexus is examined.

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