EMPIRICAL ASSESSMENT OF CARBON FOOT PRINT ON THE ECONOMIC GROWTH OF NIGERIA

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dc.contributor.authorOGBEIDE, SUNDAY O.
dc.contributor.authorUGBOGBO, SUNDAY N.
dc.date.accessioned2023-10-04T08:37:03Z
dc.date.available2023-10-04T08:37:03Z
dc.date.issued2022-09
dc.description.abstractThis study investigates the relationship between carbon foot print and economic performance in Nigeria over the period 1980 – 2021. An index of carbon emission intensity, trade openness, human capital investment and electricity consumption were regressed on economic growth, proxy with gross domestic product (GDP).The unit root test was performed on the data using the Augmented Dickey Fuller (ADF). The analysis of the data was done using correlation statistics and the general method of moment (GMM) estimation method. The findings from the study showed that carbon emission has an inverse relationship with economic growth of Nigeria. While electricity consumption, trade openness, and human capital investment exerted positive impact on the economic growth of Nigeria and were not significant, except trade openness. The study concludes that carbon footprints have adverse impact on our environment and the general economy. Following the findings from the study, the study recommends that there is a dire need for both individuals, corporate bodies and the government to take drastic measures to reduce carbon footprint as much as reasonably practicable.en_US
dc.identifier.citationOgbeide, S. O. (2022). Empirical Assessment of Carbon Footprint on the Economic Growth of Nigeria. Sapientia Global Journal of Arts, Humanities and Development Studies (SGOJAHDS), 5(3), 209-223. ISSN: 2695-2319 (Print); ISSN: 2695-2327 (Online).en_US
dc.identifier.urihttp://repository.elizadeuniversity.edu.ng/handle/20.500.12398/1419
dc.language.isoenen_US
dc.publisherSapientia Global Journal of Artsen_US
dc.relation.ispartofseriesVol.5;No.3
dc.subjectEconomic growthen_US
dc.subjectCarbon Foot Printen_US
dc.subjectClimate Changeen_US
dc.subjectCarbon Emissionen_US
dc.subjectGreenhouse Gasesen_US
dc.subjectGreenhouse Effectsen_US
dc.titleEMPIRICAL ASSESSMENT OF CARBON FOOT PRINT ON THE ECONOMIC GROWTH OF NIGERIAen_US
dc.typeArticleen_US
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