Energy consumption, economic development and environmental degradation nexus for Nigeria

David Ushıe; Esther Ranmilowo Aderınto

Energy consumption, economic development and environmental degradation nexus for Nigeria

Öz

This study tests the existence of the Environmental Kuznets Curve (EKC) hypothesis for Nigeria using two environmental indicators vis-à-vis ecological footprint and carbon dioxide emissions. Data was sourced from World Development Indicators (WDI) and the Global Footprint Network for the period spanning from 1981 to 2019.The Auto Regressive Distributed Lag (ARDL) method was employed. It was observed that short-run and long-run relationships exist among the variables. Findings revealed that in the short and long run, energy consumption has positive effects on CO2 emissions in Nigeria. However, for ecological footprint, only energy consumption in the three lagged period has a positive relationship with EFP in the short run without any significant effect being observed in the long run. Similarly, an inverted U-shaped environmental degradation-economic development relationship was established in the study which validated the EKC hypothesized inverted U-shape for CO2 emissions. However, for EFP, there was no evidence of the EKC. As such, the shape of the EKC curve is subject to the environmental indicators employed. The study therefore recommends an increase in the use of alternative sources of energy that are relatively free from pollutant emissions as an alternative and viable option for Nigeria.

Anahtar Kelimeler

Kaynakça

ADENIRAN, O. (2009). Does energy consumption cause economic growth? An empirical evidence from Nigeria. Thesis (Masters). University of Dundee.
AIYETAN, I. AND OLOMOLA, P. (2017). Environmental degradation, energy consumption, population growth and economic growth: Does Environmental Kuznets curve matter for Nigeria? Economic and Policy Review, 16 (2), 24-36.
AKPAN, U.F., AND CHUKU, A. (2011). Economic Growth and Environmental Degradation in Nigeria: Beyond the Environmental Kuznets Curve. Retrieved from https://ideas.repec.org/p/pra/mprapa/31241.html.
ALEGE, P. AND OGUNDIPE, A. (2013). Environmental quality and economic growth in Nigeria: A fractional cointegration analysis. International Journal of Development and Sustainability, 2(2) . Retrieved from www.isdsnet.com/ijds.
ALI, A., USMAN, M., USMAN, O., AND SARKODIE, S. (2021). Modeling the Effects of Agricultural Innovation and Biocapacity on Carbon Dioxide Emissions in an Agrarian-Based Economy: Evidence from the Dynamic ARDL Simulations. Frontiers in Energy Research, 8, 381. Retrieved from https://www.frontiersin.org/article/10.3389/fenrg.2020.592061
ALOLA, A., K. YALÇINER,K.,ALOLA,U. ,AKADIRI,S.(2019).The role of renewable energy, immigration and real income in environmental sustainability target. Evidence from Europe largest states. Sci. Total Environ, 1-15
APERGIS,L., AND OZTURK, (2015). Testing Environmental Kuznets Hypothesis in Asian countries. Ecological Indicators, 52, 16-22.
CHARFEDDINE, L. (2017). The impact of energy consumption and economic development on Ecological Footprint and CO2 emissions: Evidence from a Markov Switching Equilibrium Correction Model. Energy Economics, 65, 355-374

EGBETOKUN,S., OSABUOHIEN, E. AKINBOBOLA, T.,ONANUGA,O.,GERSHON, O., OKAFOR, V.(2019). Environmental pollution, economic growth and institutional quality: Exploring the nexus in Nigeria, AGDI Working Paper, No. WP/19/059, African Governance and Development Institute (AGDI), Yaoundé
EZATOLLOH, A., NAZARI, M., AND NASRINDOOST, M. (2010). Energy Consumption and Economic Growth in the Iranian Economy: Testing the Causality Relationship. Middle-East Journal of Scientific Research, 5(5), 374- 381.
GEORGE, E.H. AND NICKOLOAS, G.T. (2011). The Effect of Energy Consumption on Economic Growth on countries Economic Efficiency: A Conditional Non-Parametric Approach: MPRA Paper (28692).
GLOBAL FOOTPRINT NETWORK. (2018). Available at https://www.footprintnetwork.org/2019/01/05/2018-highlights/ Accessed on the 15th May 202.
INTERNATIONAL ENERGY OUTLOOK (2019). Available at https://www.eia.gov/outlooks/ieo/.
KHALID, Z., AND MITWALI ABD-EL, M. (2017). Energy consumption, carbon dioxide emissions and economic development: Evaluating alternative and plausible environmental hypothesis for sustainable growth. Renewable and Sustainable Energy Review 74,1119–1130.
MRABET, Z., ALSAMARA, M. and JARALLAH, S. (2017). The impact of economic development on environmental degradation in Qatar. Environmental and Ecological Statistics, 24(1), 7-38.
NATIONAL BUREAU OF STATISTICS (2021). Available at https://www.nigerianstat.gov.ng. Accessed on 6th September, 2021.
NATHANIEL, S.P. (2020), Modelling urbanization, trade flow, economic growth and energy consumption with regards to the environment in Nigeria. Geo Journal 85,1499–1513.
ODHIAMBO, N.M. (2009). Energy consumption and economic growth nexus in Tanzania: an ARDL bounds testing approach. Energy Policy, 37, 617–622.
ODULARO, G.O. AND OKONKWO, C., (2009). Does Energy Consumption Contribute to Economic Performance? Empirical Evidence from Nigeria. Journal of Economics and International Finance 1(2), 44-58.
OMISAKIN, A.O. (2009). Economic Growth and Environmental Quality in Nigeria: Does Environmental Kuznets Curve hypothesis hold? Environmental Research Journal, 3(1), 14-18.
OMOTOR, D. (2008). Causality between energy consumption and economic growth in Nigeria. Pakistan Journal of Social Sciences, 5(8), 827-835.
SABOORI, B., AND SULAIMAN, J.(2013). Environmental degradation, economic growth and energy consumption: Evidence of the environmental Kuznets curve in Malaysia. Energy Policy, 60C, 892-905.
TSANI, S.Z. 2010. Energy consumption and economic growth: A causality analysis for Greece. Energy Economics 32, 582-590.
WORLD RESOURCES INSTITUTE (2021). 4 Charts explaining greenhouse gas emissions by countries and sectors. Available at https://www.wri.org. Accessed on 6th September, 2021.
YAHAYA, N.S.., RAZANI, B, MOHD, J., JIMOH O. (2019). Energy Consumption and Environmental Pollution in Nigeria. Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, 5(1), 24-30.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomi, Finans

Bölüm

Araştırma Makalesi

Yazarlar

David Ushıe Bu kişi benim
0000-0001-7783-7544
Nigeria

Esther Ranmilowo Aderınto Bu kişi benim
0000-0001-7864-8606
Nigeria

Yayımlanma Tarihi

31 Ekim 2021

Gönderilme Tarihi

7 Temmuz 2021

Kabul Tarihi

16 Eylül 2021

Yayımlandığı Sayı

Yıl 2021 Cilt: 8 Sayı: 4

IZ

https://izlik.org/JA35DZ97NM

Kaynak Göster

RIS / Bibtex

APA

Ushıe, D., & Aderınto, E. R. (2021). Energy consumption, economic development and environmental degradation nexus for Nigeria. Journal of Life Economics, 8(4), 463-472. https://izlik.org/JA35DZ97NM

AMA

1.Ushıe D, Aderınto ER. Energy consumption, economic development and environmental degradation nexus for Nigeria. JLECON. 2021;8(4):463-472. https://izlik.org/JA35DZ97NM

Chicago

Ushıe, David, ve Esther Ranmilowo Aderınto. 2021. “Energy consumption, economic development and environmental degradation nexus for Nigeria”. Journal of Life Economics 8 (4): 463-72. https://izlik.org/JA35DZ97NM.

EndNote

Ushıe D, Aderınto ER (01 Ekim 2021) Energy consumption, economic development and environmental degradation nexus for Nigeria. Journal of Life Economics 8 4 463–472.

IEEE

[1]D. Ushıe ve E. R. Aderınto, “Energy consumption, economic development and environmental degradation nexus for Nigeria”, JLECON, c. 8, sy 4, ss. 463–472, Eki. 2021, [çevrimiçi]. Erişim adresi: https://izlik.org/JA35DZ97NM

ISNAD

Ushıe, David - Aderınto, Esther Ranmilowo. “Energy consumption, economic development and environmental degradation nexus for Nigeria”. Journal of Life Economics 8/4 (01 Ekim 2021): 463-472. https://izlik.org/JA35DZ97NM.

JAMA

1.Ushıe D, Aderınto ER. Energy consumption, economic development and environmental degradation nexus for Nigeria. JLECON. 2021;8:463–472.

MLA

Ushıe, David, ve Esther Ranmilowo Aderınto. “Energy consumption, economic development and environmental degradation nexus for Nigeria”. Journal of Life Economics, c. 8, sy 4, Ekim 2021, ss. 463-72, https://izlik.org/JA35DZ97NM.

Vancouver

1.David Ushıe, Esther Ranmilowo Aderınto. Energy consumption, economic development and environmental degradation nexus for Nigeria. JLECON [Internet]. 01 Ekim 2021;8(4):463-72. Erişim adresi: https://izlik.org/JA35DZ97NM