Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/204949 
Year of Publication: 
2019
Series/Report no.: 
AGDI Working Paper No. WP/19/010
Publisher: 
African Governance and Development Institute (AGDI), Yaoundé
Abstract: 
This study investigates how increasing economic development affects the green economy in terms of CO2 emissions, using data from 44 countries in the SSA for the period 2000-2012. The Generalised Method of Moments (GMM) is used for the empirical analysis. The following main findings are established. First, relative to CO2 emissions, enhancing economic growth and population growth engenders a U-shaped pattern whereas increasing inclusive human development shows a Kuznets curve. Second, increasing GDP growth beyond 25% of annual growth is unfavorable for a green economy. Third, a population growth rate of above 3.089% (i.e. annual %) has a positive effect of CO2 emissions. Fourth, an inequality-adjusted human development index (IHDI) of above 0.4969 is beneficial for a green economy because it is associated with a reduction in CO2 emissions. The established critical masses have policy relevance because they are situated within the policy ranges of adopted economic development dynamics.
Subjects: 
CO2 emissions
Economic development
Africa
JEL: 
C52
O38
O40
O55
P37
Document Type: 
Working Paper

Files in This Item:
File
Size
184.65 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.