Green Growth and Environmental Sustainability in Nigeria

Authors

  • Ibitoye J. Oyebanji Ekiti State University, Ado-Ekiti, Ekiti State, Nigeria
  • Bamidele Adeniyi
  • Hlalefang Khobai
  • Pierre Le Roux

Abstract

The purpose of this paper is to examine the long-run equilibrium between green growth and some environmental variables like deforestation, energy depletion and carbon dioxide ) emissions in Nigeria from 1980 to 2015. To examine these long-run linkages, the study adopted the autoregressive distributive lag (ARDL) bound testing approach to cointegration. The bound testing approach shows an evidence of a negative long-run relationship between carbon dioxide emission and environmental depletion and renewable energy which stand as the proxy for green growth variable. Inversely, a positive long-run relationship exists between green growth variable and deforestation. Generally, this paper submits that efficient investment in green growth technologies and policies in Nigeria will assist to ensure a sustainable environment.Keywords: Green growth, Sustainable environment, Carbon emission, Energy depletion, NigeriaJEL Classifications: Q56, Q58

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Author Biography

Ibitoye J. Oyebanji, Ekiti State University, Ado-Ekiti, Ekiti State, Nigeria

Economics department, Assistant lecturer

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Published

2017-09-30

How to Cite

Oyebanji, I. J., Adeniyi, B., Khobai, H., & Le Roux, P. (2017). Green Growth and Environmental Sustainability in Nigeria. International Journal of Energy Economics and Policy, 7(4), 216–223. Retrieved from https://econjournals.com./index.php/ijeep/article/view/5150

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