Theoretical Economics Letters

Volume 11, Issue 3 (June 2021)

ISSN Print: 2162-2078   ISSN Online: 2162-2086

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Effect of Energy Consumption on Human Development in the Countries of the Economic and Monetary Community of Central Africa (EMCCA)

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DOI: 10.4236/tel.2021.113027    842 Downloads   4,947 Views  Citations

ABSTRACT

The purpose of this article is to analyze the effects of energy consumption on human development in the EMCCA over the period from 1990 to 2019. An econometric analysis using panel data and particularly the Driscoll-Kraay technique has shown that in EMCCA countries, energy consumption is a factor that improves human development, while renewable energy consumption has a marginal effect on human development. These results imply, on the one hand, the improvement of energy levels in key development sectors and rural areas and, on the other hand, the development of the clean energy sector.

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Lekana, H. and Ikiemi, C. (2021) Effect of Energy Consumption on Human Development in the Countries of the Economic and Monetary Community of Central Africa (EMCCA). Theoretical Economics Letters, 11, 404-421. doi: 10.4236/tel.2021.113027.

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