The economic growth-environmental sustainability nexus in developing countries: Some evidence from Sub Sahara Africa

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dc.contributor.authorAboagye, S.
dc.date.accessioned2020-02-21T10:55:46Z
dc.date.available2020-02-21T10:55:46Z
dc.date.issued2015-04-17
dc.descriptionSchool of social sciences colloquiumen_US
dc.description.abstractEnsuring environmental sustainability amidst the quest to stimulate growth in SSA remains an issue of great concern and therefore considered extremely important in contemporary growth agenda in many developing countries. Notwithstanding these, the evidence for SSA remains very sparse, as literature has not adequately examined the effects of SSA's economic growth process on environment sustainability in the region. Using a panel dataset from 1980-2010 covering 28 SSA countries and employing environmental pollution, degradation and sustainability indices, this study examines the environmental impact of economic growth within the standard Environmental Kuznet Curve (EKC) framework. Estimation by the system Generalized Method of Moment confirmed the existence of the Environmental Kuznet Curve (EKC) hypothesis for environmental sustainability and degradation measured respectively by Adjusted Net Savings and energy consumption but was not confirmed for environmental pollution as the findings were not supported by data on C02 e missions. Additionally, greater openness to trade was associated with a fall in both pollution and environment sustainability but for urbanization the contrary was found to exist. Furthermore, industrialization was also found to unambiguously harm the environment while the converse was established for FDI. These findings have stern theoretical and policy implications for the economic growth-environmental sustainability nexus in SSA and further cast doubts on validity of the EKC for C02 especially for SSA. Following this evidence we discuss some policy optionsen_US
dc.identifier.urihttp://ugspace.ug.edu.gh/handle/123456789/34904
dc.language.isoenen_US
dc.publisherUniversity of Ghanaen_US
dc.subjectKuznet Curve (EKC)en_US
dc.subjectenergy consumptionen_US
dc.subjectindustrializationen_US
dc.subjectpolicy implicationsen_US
dc.titleThe economic growth-environmental sustainability nexus in developing countries: Some evidence from Sub Sahara Africaen_US
dc.typeOtheren_US

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