Template-Type: ReDIF-Article 1.0
Author-Name: Ogunjobi, Joseph Olufemi
Author-Name-First: Joseph Olufemi
Author-Name-Last: Ogunjobi
Author-Email: ogunjumo.rotimi@lmu.edu.ng
Author-Workplace-Name: Department of Economics, Landmark University, Omu-Aran, Kwara State, Nigeria
Author-Name: Ogunjumo, Rotimi Ayoade
Author-Name-First: Rotimi Ayoade
Author-Name-Last: Ogunjumo
Author-Email: ogunjumo.rotimi@lmu.edu.ng
Author-Workplace-Name: Department of Economics, Landmark University, Omu-Aran, Kwara State, Nigeria; & Landmark University SDG 8 Research Group, Landmark University, Omu-Aran, Kwara State, Nigeria
Author-Name: Ibitowa, Stephen Adesina
Author-Name-First: Stephen Adesina
Author-Name-Last: Ibitowa
Author-Email: ogunjumo.rotimi@lmu.edu.ng
Author-Workplace-Name: Department of Economics, Landmark University, Omu-Aran, Kwara State, Nigeria; & Landmark University SDG 8 Research Group, Landmark University, Omu-Aran, Kwara State, Nigeria
Title: Carbon Dioxide Emissions from Energy Consumption, Foreign Direct Investment and Economic Growth in Nigeria: A Multivariate Causal Analysis
Abstract: 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.
Keywords: CO2 Emissions, Foreign Direct Investment Inflows, Economic Growth, VECM-Based Granger Causality, Nigeria
Journal: International Journal of Energy Economics and Policy
Pages: 513-518
Volume: 15
Issue: 1
Year: 2024
Month: 12
DOI: 10.32479/ijeep.18118
File-URL: https://econjournals.com/index.php/ijeep/article/download/18118/8539
File-Format: application/pdf
Handle: RePEc:eco:journ2:v:15:y:2024:i:1:id:18118