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
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Englisch
- Erschienen in
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Series: AGDI Working Paper ; No. WP/19/010
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
Economic development
Africa
Odhiambo, Nicholas M.
- Handle
- Letzte Aktualisierung
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20.09.2024, 08:23 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Asongu, Simplice
- Odhiambo, Nicholas M.
- African Governance and Development Institute (AGDI)
Entstanden
- 2019