Carbon Dioxide Emissions from Energy Consumption, Foreign Direct Investment and Economic Growth in Nigeria: A Multivariate Causal Analysis
The relationship among Nigeria’s CO2 emissions, foreign direct investment inflows, and economic growth was examined in this study. The data period examined is from 1990 to 2020. The data is obtained from the World Bank’s online database and adopted the VECM-based Granger causality technique. Res...
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| Language: | English |
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EconJournals
2024-12-01
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| Series: | International Journal of Energy Economics and Policy |
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| Online Access: | https://econjournals.com./index.php/ijeep/article/view/18118 |
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| author | Joseph Olufemi Ogunjobi Rotimi Ayoade Ogunjumo Stephen Adesina Ibitowa |
| author_facet | Joseph Olufemi Ogunjobi Rotimi Ayoade Ogunjumo Stephen Adesina Ibitowa |
| author_sort | Joseph Olufemi Ogunjobi |
| collection | DOAJ |
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The relationship among Nigeria’s CO2 emissions, foreign direct investment inflows, and economic growth was examined in this study. The data period examined is from 1990 to 2020. The data is obtained from the World Bank’s online database and adopted the VECM-based Granger causality technique. Results showed a feedback relationship between FDI inflows and CO2 emissions as well as a unidirectional causal relationship from economic growth to CO2 emissions. The information offered by these empirical studies will help policymakers develop effective economic policies.
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| format | Article |
| id | doaj-art-74e524c5948c4ef6b94dfcad61bf3a8c |
| institution | Kabale University |
| issn | 2146-4553 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Energy Economics and Policy |
| spelling | doaj-art-74e524c5948c4ef6b94dfcad61bf3a8c2024-12-23T01:03:57ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532024-12-0115110.32479/ijeep.18118Carbon Dioxide Emissions from Energy Consumption, Foreign Direct Investment and Economic Growth in Nigeria: A Multivariate Causal AnalysisJoseph Olufemi Ogunjobi0Rotimi Ayoade Ogunjumo1Stephen Adesina Ibitowa2Department of Economics, Landmark University, Omu-Aran, Kwara State, NigeriaDepartment of Economics, Landmark University, Omu-Aran, Kwara State, Nigeria; & Landmark University SDG 8 Research Group, Landmark University, Omu-Aran, Kwara State, NigeriaDepartment of Economics, Landmark University, Omu-Aran, Kwara State, Nigeria; & Landmark University SDG 8 Research Group, Landmark University, Omu-Aran, Kwara State, Nigeria The relationship among Nigeria’s CO2 emissions, foreign direct investment inflows, and economic growth was examined in this study. The data period examined is from 1990 to 2020. The data is obtained from the World Bank’s online database and adopted the VECM-based Granger causality technique. Results showed a feedback relationship between FDI inflows and CO2 emissions as well as a unidirectional causal relationship from economic growth to CO2 emissions. The information offered by these empirical studies will help policymakers develop effective economic policies. https://econjournals.com./index.php/ijeep/article/view/18118CO2 Emissions, Foreign Direct Investment Inflows, Economic Growth, VECM-Based Granger Causality, Nigeria |
| spellingShingle | Joseph Olufemi Ogunjobi Rotimi Ayoade Ogunjumo Stephen Adesina Ibitowa Carbon Dioxide Emissions from Energy Consumption, Foreign Direct Investment and Economic Growth in Nigeria: A Multivariate Causal Analysis International Journal of Energy Economics and Policy CO2 Emissions, Foreign Direct Investment Inflows, Economic Growth, VECM-Based Granger Causality, Nigeria |
| title | Carbon Dioxide Emissions from Energy Consumption, Foreign Direct Investment and Economic Growth in Nigeria: A Multivariate Causal Analysis |
| title_full | Carbon Dioxide Emissions from Energy Consumption, Foreign Direct Investment and Economic Growth in Nigeria: A Multivariate Causal Analysis |
| title_fullStr | Carbon Dioxide Emissions from Energy Consumption, Foreign Direct Investment and Economic Growth in Nigeria: A Multivariate Causal Analysis |
| title_full_unstemmed | Carbon Dioxide Emissions from Energy Consumption, Foreign Direct Investment and Economic Growth in Nigeria: A Multivariate Causal Analysis |
| title_short | Carbon Dioxide Emissions from Energy Consumption, Foreign Direct Investment and Economic Growth in Nigeria: A Multivariate Causal Analysis |
| title_sort | carbon dioxide emissions from energy consumption foreign direct investment and economic growth in nigeria a multivariate causal analysis |
| topic | CO2 Emissions, Foreign Direct Investment Inflows, Economic Growth, VECM-Based Granger Causality, Nigeria |
| url | https://econjournals.com./index.php/ijeep/article/view/18118 |
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