Authors :
Oyinkepreye Peter Egbejule
Volume/Issue :
Volume 6 - 2021, Issue 10 - October
Google Scholar :
http://bitly.ws/gu88
Scribd :
https://bit.ly/3DazETl
Abstract :
The study investigates the association between
environmental degradation on economic growth in
Nigeria. The main motivation is to empirically determine
if environmental degradation hampers economic growth.
Annual time series data from 1980-2016 were used. The
variables are carbon oxide emission, total green-house
effect and gross domestic product. We employed Unit
Root test for stationarity, Co-integration test for long
run determination and Error Correction Mechanism test
to determine the speed of adjustment from the short to
its long run. The results show that variables are
integrated of order 1(1) and long run link among the
variables was established. The ECM value of -0.213154
or 21per cent is able to correct, adjust and tie the short
run dynamics to the long run equilibrium with a speed of
six weeks and eight days. The post test results reveal that
the model is entirely and structurally stable over time of
study. The study concludes that environmental
degradation cannot improve the level of economic
growth in Nigeria and the study therefore recommends
control over the environment in Nigeria.
Keywords :
Environment, degradation, carbon dioxide, economic growth, Nigeria.
The study investigates the association between
environmental degradation on economic growth in
Nigeria. The main motivation is to empirically determine
if environmental degradation hampers economic growth.
Annual time series data from 1980-2016 were used. The
variables are carbon oxide emission, total green-house
effect and gross domestic product. We employed Unit
Root test for stationarity, Co-integration test for long
run determination and Error Correction Mechanism test
to determine the speed of adjustment from the short to
its long run. The results show that variables are
integrated of order 1(1) and long run link among the
variables was established. The ECM value of -0.213154
or 21per cent is able to correct, adjust and tie the short
run dynamics to the long run equilibrium with a speed of
six weeks and eight days. The post test results reveal that
the model is entirely and structurally stable over time of
study. The study concludes that environmental
degradation cannot improve the level of economic
growth in Nigeria and the study therefore recommends
control over the environment in Nigeria.
Keywords :
Environment, degradation, carbon dioxide, economic growth, Nigeria.