We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Carbon Emission, Energy Consumption, Trade Openness, and Sectoral Output in Nigeria.
- Authors
Rasaki, Mutiu Gbade
- Abstract
Using ARDL estimation technique, this study investigated the cointegrating relationship among carbon emission, energy consumption, trade openness and sectoral output in Nigeria over the period 1990-2021. The ARDL bound test showed the existence of long run relationship among carbon emission, energy consumption, trade openness and sectoral output. The findings indicated that energy consumption and trade openness have significant positive effects on carbon emission in the short and long run. The estimates revealed that output expansion in the agricultural, industrial and service sectors have significant positive impacts on carbon emission in the short and long run. The result, however, indicated that the service sector has the greatest positive effect on carbon emission. Further estimates showed that foreign direct investment and financial development have negative impacts on carbon emission. The study recommends that energy-efficient technologies that reduce carbon emissions should be adopted while expanding output in all the sectors.
- Subjects
NIGERIA; CARBON emissions; ENERGY consumption; SERVICE industries; FOREIGN investments
- Publication
Economic Research Guardian, 2023, Vol 13, Issue 2, p100
- ISSN
2247-8531
- Publication type
Article