THE EFFECT OF ENERGY CONSUMPTION AND ENVIRONMENTAL DEGRADATION ON ECONOMIC GROWTH IN NIGERIA (1981-2016).

  • Type: Project
  • Department: Economics
  • Project ID: ECO0797
  • Access Fee: ₦5,000 ($14)
  • Pages: 48 Pages
  • Format: Microsoft Word
  • Views: 852
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853
Abstract
The study focused on the effect of energy consumption and environmental degradation on economic growth in Nigeria. The empirical analysis that was carried out to achieve the objectives mentioned above were diagnostic tests such as unit root, co-integration, Error Correction Model (ECM) and ordinary least square (OLS) which aimed at examing empirically the effect of energy consumption and environmental degradation on economic growth in Nigeria covering the period from 1981 to 2016. The variables employed for measuring the relationship include; Gross Domestic Product per capita (GDP), Electricity Power Consumption (EC) and Carbon emission metric ton per capita (CO2). Based on the data used (secondary data source from Central Bank of Nigeria statistical bulletin, 2016, International Energy Statistics, January 2016 and World Bank Development Indicator), the result of the analysis revealed that the coefficient of error correction model (ECM) at lag one was negative and significant which implies that ECM corrects the disequilibrium in the model at the rate of 33.83 percent per annum. Lastly, in the study the recommendations made include; the establishment of training institute where our youth can be trained and garnered technical know-how on developing alternative electricity generation, sound policies framework should be provided and government should make a giant effort to check and control emission in Nigeria etc.
THE EFFECT OF ENERGY CONSUMPTION AND ENVIRONMENTAL DEGRADATION ON ECONOMIC GROWTH IN NIGERIA (1981-2016).
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Economics
  • Project ID: ECO0797
  • Access Fee: ₦5,000 ($14)
  • Pages: 48 Pages
  • Format: Microsoft Word
  • Views: 852
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Economics
    Project ID ECO0797
    Fee ₦5,000 ($14)
    No of Pages 48 Pages
    Format Microsoft Word

    Related Works

    Abstract The study focused on the effect of energy consumption and environmental degradation on economic growth in Nigeria. The empirical analysis that was carried out to achieve the objectives mentioned above were diagnostic tests such as unit root, co-integration, Error Correction Model (ECM) and ordinary least square (OLS) which aimed at... Continue Reading
    Abstract The study focused on the effect of energy consumption and environmental degradation on economic growth in Nigeria. The empirical analysis that was carried out to achieve the objectives mentioned above were diagnostic tests such as unit root, co-integration, Error Correction Model (ECM) and ordinary least square (OLS) which aimed at... Continue Reading
    The Environmental Kuznets Curve (EKC) hypothesis is a presumption that environmental degradation follows an inverted U-shaped trajectory in relation to economic growth. The thorny question of whether economic growth could provide a cure to environmental degradation has sparked off a large body of empirical studies in the last decade. The... Continue Reading
    The Environmental Kuznets Curve (EKC) hypothesis is a presumption that environmental degradation follows an inverted U-shaped trajectory in relation to economic growth. The thorny question of whether economic growth could provide a cure to environmental degradation has sparked off a large body of empirical studies in the last decade. The... Continue Reading
    ABSTRACT The study examined the impact of human capital and physical capital on economic growth in Nigeria between 1981 and 2016. In specific terms, the study investigated the extent to which government expenditure on education and health and gross capital formation influenced economic growth in Nigeria. Human capital is instrumental in tackling... Continue Reading
    CHAPTER ONE 1.0      INTRODUCTION 1.1   BACKGROUND OF STUDY Environmental degradation has become important global issues since the 1970s, when the world countries and international community became aware of the negative consequences of over-exploitation of the human environment. Environmental degradation in most rural areas in Nigeria has... Continue Reading
    ABSTRACT The management of any economy, at any point in time is aimed at the attainment of macroeconomic objectives such as economic growth, price stability, adequate money supply, equilibrium balance of payment, equitable distribution of income and reduction in poverty... Continue Reading
    ABSTRACT The development and utilization of energy has led to environmental degradation with associated health hazard. Hence the trust of this project is to optimize energy mix in a reliable, affordable, available, safe, efficient, effective and sustainable way at control cost subject to environmental constraints. In other to achieve the desired... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY The Nigerian government, like other countries of the world, has legislative powers to impose on its citizens, any form of tax and at whatever rate it deems appropriate. Nigeria has a mixed economy i.e, government undertakes... Continue Reading
    ABSTRACT This study examined government expenditure and Nigeria’s economic growth within the sample period of 1981-2015. The data for this research work (Gross Domestic Product, government recurrent expenditure and government capital expenditure) was obtained from the CBN Statistical Bulletin (2015) and analysed using ordinary least squares... Continue Reading
    Call Us
    Get this work
    whatsappWhatsApp Us