African Journal of Economic and Management Studies, Год журнала: 2025, Номер unknown
Опубликована: Апрель 16, 2025
Purpose This study aims to examine the non-linear effects of public investment (PUBINV) on sustainable trade development [trade-adjusted carbon emissions (TACE)] in Africa. Design/methodology/approach The applied panel smooth transition regression method with two regimes and panel-corrected standard errors method, analyzing annual data from 1990 2021 for 47 African countries. Findings established following findings: (1) nexus between PUBINV is non-linear; (2) a low regime, an increase induces decrease development; (3) high promotes (4) decreases TACE once it reaches certain threshold (5) has predictive power development. These findings offer valuable insights policymakers propose various policies enhance Practical implications suggest that order promote development, should prioritize green infrastructure, research economic innovation investment. One these could be providing financial incentives businesses adopt renewable energy sources such as solar, wind hydropower. Also, governments negotiate agreements include provisions practices infrastructure. Originality/value existing literature focuses or environmental quality without specifically examining their impact especially context. To best our knowledge, this first
Язык: Английский