IMPACT OF ENERGY CONSUMPTION ON ECONOMIC GROWTH AND ENVIRONMENTAL QUALITY IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content:
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The study examines the impact of energy consumption on economic growth and environmental quality and also verifies the existence of the Environmental Kuznets Curve(EKC)hypothesis in Nigeria. The traditional production theory and Environmental Kuznets Curve (EKC) theory were used as the theoretical framework of the study and Autoregressive Distributed Lag (ARDL) approach constitute the empirical framework. Data from 1981-2015 wereutilised. The result of the first objective reveals evidence of inverse and significant impact of energy consumption on economic growth.The control variables of capital and trade openness show evidence of positive and significant impact on economic growth but labour reveals a negative and significant impact on economic growth. The study concluded that the negative impact of energy consumption and labour force on economic growth may not be unconnected with the inefficient nature of primary energy utilisation and the large unskilled labour force that dominate the production sector of the economy. The result of the second objective suggests that energy consumption has a negative and significant impact on environmental quality. As such, greater consumption of primary energy such as petroleum and natural gas reduce environmental quality. Moreover, the control variable of trade openness was found to improve environmental quality. Furthermore, the result of the third objectivedid not provide evidence of the existence of EKC hypothesis for Nigeria. Thiscould result from the fact that output level has not been expanded to a certain threshold beyond which additional expansion improves environmental quality.The study recommends apolicy that will enforce the efficient utilisation of primary energy in production and the implementation of environmental tax policy on related primary energy products to create awareness about environmental quality in Nigeria.
Related Project Materials
THE CHALLENGES ASSOCIATED WITH THE TAXATION OF CAPITAL GAINS AND INVESTMENT INCOME
Abstract: THE CHALLENGES ASSOCIATED WITH THE TAXATION OF CAPITAL GAINS AND INVESTMENT INCOME
This study examines the challenges associate...
THE IMPACTS OF ETHICS AND PROFESSIONALISM IN INTERNATIONAL ACCOUNTING SERVICES
Abstract: THE IMPACTS OF ETHICS AND PROFESSIONALISM IN INTERNATIONAL ACCOUNTING SERVICES
The study aims to: (1) investigate the role of e...
AN ASSESSMENT OF INNOVATION PROCESSES AND PRACTICES IN CONSTRUCTION INDUSTRY IN AKWA IBOM STATE OF NIGERIA
BACKGROUND OF THE STUDY
Because of its contribution to national economic development, competitivenes...
AN ASSESSMENT OF TEACHERS TEACHING METHODS OF COMPUTER SCIENCE STUDENTS
BACKGROUND OF THE STUDY
In any serious country, state, organization, or individual, education is a vita...
CAUSE AND CONSEQUENCES OF EXAMINATION MALPRACTICE IN SECONDARY SCHOOLS
Abstract
The purpose of this research work is to find out the course and consequences of examination malpractice in seco...
AN IMPROVED IMAGE STEGANOGRAPHY BASED ON LEAST SIGNIFICANT BIT MATCHING REVISITED (LSBMR) USING SOBEL EDGE DETECTION
ABSTRACT
Image steganography is the science of hiding data for securing confidential communication and it is the most popular type of car...
THE EFFECT OF PERIWINKLE SHELL ASH AND DUST ON THE COMPRESSIVE STRENGTH OF CONCRETE
ABSTRACT
The study examined the partial replacement of Ordinary Portland Cement (OPC) with Periwinkle shell Ash (PSA) and Periwinkle Shel...
N EVALUATION ON THE INSIGHT OF LOCAL FARMERS ON CLIMATE CHANGE IN IDO LOCAL GOVT AREA OF OYO STATE
Introduction
One of the biggest environmental issues of the modern era is climate change, which has a worldwide scope. T...
AN ASSESSMENT OF CORPORATE SOCIAL RESPONSIBILITY ON ORGANISATIONAL PERFORMANCE IN THE BANKING INDUSTRY (A CASE STUDY OF UNITED TRADING COMPANY NIGERIA PLC.)
ABSTRACT
This research study has comprehensively delved into the effect social responsibility on organizational performa...
POVERTY ALLEVIATION: THE ROLE OF NATIONAL POVERTY ERADICATION PROGRAMME (NAPEP) IN BENIN CITY
ABSTRACT
This study assessed the impact of Poverty Reduction Programmes as a Development Strategy in Be...
