Hussein, Hassan Abdikadir (2025) Unveiling the Drivers of Economic Growth in Somalia: The Role of Energy Consumption, Environmental Pollution, and Globalization. International Journal of Energy Economics and Policy.
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Abstract
The fundamental goal of economic policy in most countries around the world is to achieve sustainable economic growth. Energy serves a crucial role in
fostering sustainable economic growth in both developing and developed nations. Hence, the study aims to explore the impact of energy consumption,
environmental pollution, and globalization on economic growth in Somalia using data from 1990 to 2020 for all variables. The study employs the
autoregressive distributed lag (ARDL) bound test. The empirical results of the bound test indicate that energy consumption and globalization are
statistically significant and have a positive effect on economic growth. In addition, environmental pollution has a negative impact on economic growth
in Somalia. Moreover, the findings revealed that energy consumption and globalization promote economic growth. while environmental pollution
harms economic growth in Somalia. Based on the empirical evidence, the study provides several policy implications.
Item Type: | Article |
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Subjects: | H Social Sciences > HG Finance |
Divisions: | Faculty of Management Sciences |
Depositing User: | Unnamed user with email crd@smiad.edu.so |
Date Deposited: | 10 Sep 2025 17:51 |
Last Modified: | 10 Sep 2025 17:51 |
URI: | https://repository.simad.edu.so/id/eprint/108 |