Arbeitspapier

Economic development thresholds for a green economy in Sub-Saharan Africa

This study investigates how increasing economic development affects the green economy in terms of CO2 emissions, using data from 44 countries in the SSA for the period 2000-2012. The Generalised Method of Moments (GMM) is used for the empirical analysis. The following main findings are established. First, relative to CO2 emissions, enhancing economic growth and population growth engenders a U-shaped pattern whereas increasing inclusive human development shows a Kuznets curve. Second, increasing GDP growth beyond 25% of annual growth is unfavorable for a green economy. Third, a population growth rate of above 3.089% (i.e. annual %) has a positive effect of CO2 emissions. Fourth, an inequality-adjusted human development index (IHDI) of above 0.4969 is beneficial for a green economy because it is associated with a reduction in CO2 emissions. The established critical masses have policy relevance because they are situated within the policy ranges of adopted economic development dynamics.

Sprache
Englisch

Erschienen in
Series: AGDI Working Paper ; No. WP/19/010

Klassifikation
Wirtschaft
Model Evaluation, Validation, and Selection
Technological Change: Government Policy
Economic Growth and Aggregate Productivity: General
Economywide Country Studies: Africa
Socialist Systems and Transitional Economies: Legal Institutions; Illegal Behavior
Thema
CO2 emissions
Economic development
Africa

Ereignis
Geistige Schöpfung
(wer)
Asongu, Simplice
Odhiambo, Nicholas M.
Ereignis
Veröffentlichung
(wer)
African Governance and Development Institute (AGDI)
(wo)
Yaoundé
(wann)
2019

Handle
Letzte Aktualisierung
20.09.2024, 08:23 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Asongu, Simplice
  • Odhiambo, Nicholas M.
  • African Governance and Development Institute (AGDI)

Entstanden

  • 2019

Ähnliche Objekte (12)