The Relationship between Economic Growth and CO2 Emissions and the Effects of Energy Consumption on CO2 Emission Patterns in Nigerian Economy

Essien, Anietie Vincent

doi:10.2139/ssrn.2148916

Cited by 6 publications

(1 citation statement)

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“…Furthermore, Essien (2011) analyzed the relationship between economic growth and the level of CO 2 emissions in the Nigerian economy over the period 1980–2009. The study found that gas and electricity consumption resulted in economic growth in both the long and short runs, whereas fuel woods only influenced economic growth finally.…”

Section: Literature Reviewmentioning

confidence: 99%

The effect of income inequality and economic growth on environmental quality: A comparative analysis between Burkina Faso and Nigeria

Yameogo

Dauda

2020

Journal of Public Affairs

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This paper investigates the relationship among income inequality, carbon emissions rate, and economic growth in Burkina Faso and Nigeria in the period 1980-2016.Using the ARDL bounds approach to ascertain the short-and long-run dynamics of the variables, the paper examined whether or not income inequality, poverty, and growth affected environmental quality in both countries. Findings indicated a U-shaped inverted connection between environmental degradation and income growth in Nigeria while the U-shaped relationship was found in Burkina Faso. The relationship between income inequality and environmental degradation in both countries was positive while government expenditure and poverty were found to increasing carbon emissions in the long-run, only in Nigeria. The short-run results showed that income inequality reduced carbon dioxide emissions in Nigeria and had significant and adverse effects in Burkina Faso. Consequently, policymakers must pay equal attention to income inequality and poverty alleviation on the one hand and cleaning the environment and economic growth on the other hand. | INTRODUCTIONSustainable development has three major facets: social, environmental, and economic. To achieve long-term growth and economic development, countries must ensure that the three dimensions operate together. Accordingly, in their quest for advancement, African countries such as Nigeria and Burkina Faso have been aiming to commit to the goal of sustainable development. As such, they appear to have embraced globalization, which encourages trade liberalization and eliminates trade barriers in a bid to achieve increased economic growth that manifests as higher employment rates, equal distribution of wealth, and poverty eradication in the society (MacDonald & Majeed, 2011). As noted by Hassan, Zaman, and Gul (2015), these aggregates, alongside population growth, energy

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Section: Literature Reviewmentioning

confidence: 99%