Energy consumption, CO2 emissions and GDP in Nigeria

This paper investigated the relationship between energy consumption, carbon dioxide (CO2) emissions and GDP in Nigeria using autoregressive distributed lag approach to cointegration. The empirical results revealed that there is a long run relationship energy consumption, CO2 emissions and GDP. Both...

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Main Authors: Chindo, Sulaiman, Abdul Samad, Abdul Rahim, Waziri, Salisu Ibrahim, Huong, Wong M., Ahmad, Abdulfatah Abubakar
Format: Article
Published: Springer 2015
Online Access:http://psasir.upm.edu.my/id/eprint/37441/
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author Chindo, Sulaiman
Abdul Samad, Abdul Rahim
Waziri, Salisu Ibrahim
Huong, Wong M.
Ahmad, Abdulfatah Abubakar
author_facet Chindo, Sulaiman
Abdul Samad, Abdul Rahim
Waziri, Salisu Ibrahim
Huong, Wong M.
Ahmad, Abdulfatah Abubakar
author_sort Chindo, Sulaiman
building UPM Institutional Repository
collection Online Access
description This paper investigated the relationship between energy consumption, carbon dioxide (CO2) emissions and GDP in Nigeria using autoregressive distributed lag approach to cointegration. The empirical results revealed that there is a long run relationship energy consumption, CO2 emissions and GDP. Both in the long run and short run, CO2 emissions has been found to have a significant positive impact on GDP, meaning that an increase in CO2 emissions facilitates GDP growth. On the other hand, energy consumption shows significant negative impact on GDP in the short run. We therefore, suggested that renewable source of energy such as solar and wind could be explored and considered as an alternative source of energy since Nigeria is well endowed with solar energy. This will assist in reducing CO2 emissions and at the same time sustaining long run growth in GDP.
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institution Universiti Putra Malaysia
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publishDate 2015
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spelling upm-374412015-09-15T10:37:07Z http://psasir.upm.edu.my/id/eprint/37441/ Energy consumption, CO2 emissions and GDP in Nigeria Chindo, Sulaiman Abdul Samad, Abdul Rahim Waziri, Salisu Ibrahim Huong, Wong M. Ahmad, Abdulfatah Abubakar This paper investigated the relationship between energy consumption, carbon dioxide (CO2) emissions and GDP in Nigeria using autoregressive distributed lag approach to cointegration. The empirical results revealed that there is a long run relationship energy consumption, CO2 emissions and GDP. Both in the long run and short run, CO2 emissions has been found to have a significant positive impact on GDP, meaning that an increase in CO2 emissions facilitates GDP growth. On the other hand, energy consumption shows significant negative impact on GDP in the short run. We therefore, suggested that renewable source of energy such as solar and wind could be explored and considered as an alternative source of energy since Nigeria is well endowed with solar energy. This will assist in reducing CO2 emissions and at the same time sustaining long run growth in GDP. Springer 2015 Article PeerReviewed Chindo, Sulaiman and Abdul Samad, Abdul Rahim and Waziri, Salisu Ibrahim and Huong, Wong M. and Ahmad, Abdulfatah Abubakar (2015) Energy consumption, CO2 emissions and GDP in Nigeria. GeoJournal, 80 (3). pp. 315-322. ISSN 0343-2521; ESSN: 1572-9893 http://link.springer.com/article/10.1007%2Fs10708-014-9558-6 10.1007/s10708-014-9558-6
spellingShingle Chindo, Sulaiman
Abdul Samad, Abdul Rahim
Waziri, Salisu Ibrahim
Huong, Wong M.
Ahmad, Abdulfatah Abubakar
Energy consumption, CO2 emissions and GDP in Nigeria
title Energy consumption, CO2 emissions and GDP in Nigeria
title_full Energy consumption, CO2 emissions and GDP in Nigeria
title_fullStr Energy consumption, CO2 emissions and GDP in Nigeria
title_full_unstemmed Energy consumption, CO2 emissions and GDP in Nigeria
title_short Energy consumption, CO2 emissions and GDP in Nigeria
title_sort energy consumption, co2 emissions and gdp in nigeria
url http://psasir.upm.edu.my/id/eprint/37441/
http://psasir.upm.edu.my/id/eprint/37441/
http://psasir.upm.edu.my/id/eprint/37441/