The economic and environmental effects of greening industrialization in Africa: A Dynamic Stochastic General Equilibrium Approach

IF 9.7 1区环境科学与生态学 Q1 ENGINEERING, ENVIRONMENTAL

Journal of Cleaner Production Pub Date : 2025-05-05 DOI:10.1016/j.jclepro.2025.145656

Queen Esther OYE

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引用次数: 0

Abstract

Green industrialization presents a path for Africa to simultaneously attain economic prosperity and protect the environment. Yet, there is limited empirical evidence on how green industrialization impacts the economic and environmental outcomes in Africa. This study examines the economic and environmental effects of green industrial policy instruments in Africa. A Dynamic Stochastic General Equilibrium (DSGE) model is developed and calibrated to match regional data on African economies. The model simulates the macroeconomic and environmental effects of unexpected shocks emanating from green technology adoption, renewable energy output, green consumption, fossil fuel taxation, and green subsidies. The findings from the study show that green industrialization stimulates economic output while reducing carbon emissions. These results imply that greening existing production processes and creating new green industries guarantee the dual benefits of green industrialization, ensuring economic prosperity and environmental sustainability in Africa. However, the effectiveness of green industrial development is conditional on targeted government interventions, including strengthening state institutions, ensuring the cost-effectiveness of green technologies, and enhancing the affordability of green goods. By implementing these measures, Africa can maximize economic sustainability arising from green industrialization.

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非洲绿色工业化的经济和环境效应：一个动态随机一般均衡方法

绿色工业化为非洲提供了一条经济繁荣与环境保护并行不悖的道路。然而，关于绿色工业化如何影响非洲的经济和环境结果的经验证据有限。本研究考察了非洲绿色工业政策工具的经济和环境影响。开发并校准了动态随机一般均衡模型，以匹配非洲经济的区域数据。该模型模拟了绿色技术采用、可再生能源产出、绿色消费、化石燃料税收和绿色补贴所产生的意外冲击对宏观经济和环境的影响。研究结果表明，绿色工业化在刺激经济产出的同时减少了碳排放。这些结果表明，绿化现有生产过程和创建新的绿色产业保证了绿色工业化的双重效益，确保了非洲的经济繁荣和环境可持续性。然而，绿色工业发展的有效性取决于有针对性的政府干预，包括加强国家机构，确保绿色技术的成本效益，提高绿色产品的可负担性。通过实施这些措施，非洲可以最大限度地提高绿色工业化带来的经济可持续性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Cleaner Production 环境科学-工程：环境

CiteScore

20.40

自引率

9.00%

发文量

4720

审稿时长

111 days

期刊介绍： The Journal of Cleaner Production is an international, transdisciplinary journal that addresses and discusses theoretical and practical Cleaner Production, Environmental, and Sustainability issues. It aims to help societies become more sustainable by focusing on the concept of 'Cleaner Production', which aims at preventing waste production and increasing efficiencies in energy, water, resources, and human capital use. The journal serves as a platform for corporations, governments, education institutions, regions, and societies to engage in discussions and research related to Cleaner Production, environmental, and sustainability practices.