Globalization, governance and the Green Economy in Sub-Saharan Africa: Policy thresholds

Arbeitspapier

This study assesses how globalization modulates the effect of governance on CO2 emissions in sub-Saharan African countries. The empirical evidence is based on Generalized Method of Moments. The minimum level (or negative threshold) of FDI required for it to interact with political stability and contribute towards the green economy is 45% of GDP, while 90% of GDP is the maximum level (or positive threshold) required for trade to complement "voice & accountability" in mitigating CO2 emissions. 76 % of GDP and 80 % of GDP are respectively negative trade thresholds for government effectiveness and economic governance. The corresponding negative trade thresholds for the rule of law, corruption-control and institutional governance are respectively, 230% of GDP, 63.5% of GDP and 106.5% of GDP. Actionable openness policy thresholds are provided to inform policy makers on how governance interacts with globalization to promote the green economy.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: AGDI Working Paper ; No. WP/21/015

Klassifikation und Themen

• 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

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Asongu, Simplice ; Nnanna, Joseph
• Ereignis: Veröffentlichung
• (wer): African Governance and Development Institute (AGDI)
• (wo): Yaoundé
• (wann): 2021

Weitere Informationen

• Handle: http://hdl.handle.net/10419/244190
• Letzte Aktualisierung: 20.09.2024, 08:21 MESZ