19Jan 2020

THE ROLE OF ENERGY CONSUMPTION IN CARBON DIOXIDE (CO2) EMISSION AND ECONOMIC GROWTH RELATIONSHIP IN NIGERIA

  • Department of Economics, Ignatius Ajuru University of Education, Port Harcourt, Nigeria.
  • Department of Mechanical Engineering, Ken-SaroWiwa Polytechnic, Bori, Rivers State Nigeria.
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This paper uses the Autoregressive Distributed Lag(ARDL) method which allows for the combination of variables with mixed order of integration in a single regression model to the hypothesis that energy consumption matters in the carbon dioxide effect of economic growth. Using Nigerian dataset, our findings suggest that there is probable of a cointegrating relationship among the variables of interest. However, the estimation results refute the Environmental Kuznets Curve (EKC) in the context of the Nigerian economy. Essentially, we find the relationship between carbon dioxide (CO2) emissions and Gross Domestic Product (GDP) per capita to be monotonically increasing. We also find the response of CO2 emission to energy consumption to vary for different energy-mix.

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[Deekor, LeeLee N. and Aziaka Duabari S (2020); THE ROLE OF ENERGY CONSUMPTION IN CARBON DIOXIDE (CO2) EMISSION AND ECONOMIC GROWTH RELATIONSHIP IN NIGERIA Int. J. of Adv. Res. 8 (Jan). 768-776] (ISSN 2320-5407). www.journalijar.com

Deekor, LeeLee N

DOI:

Article DOI: 10.21474/IJAR01/10361      
DOI URL: https://dx.doi.org/10.21474/IJAR01/10361

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