Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/244190 
Year of Publication: 
2021
Series/Report no.: 
AGDI Working Paper No. WP/21/015
Publisher: 
African Governance and Development Institute (AGDI), Yaoundé
Abstract: 
This study assesses how globalization modulates the effect of governance on CO2 emissions in sub-Saharan African countries. The empirical evidence is based on Generalized Method of Moments. The minimum level (or negative threshold) of FDI required for it to interact with political stability and contribute towards the green economy is 45% of GDP, while 90% of GDP is the maximum level (or positive threshold) required for trade to complement "voice & accountability" in mitigating CO2 emissions. 76 % of GDP and 80 % of GDP are respectively negative trade thresholds for government effectiveness and economic governance. The corresponding negative trade thresholds for the rule of law, corruption-control and institutional governance are respectively, 230% of GDP, 63.5% of GDP and 106.5% of GDP. Actionable openness policy thresholds are provided to inform policy makers on how governance interacts with globalization to promote the green economy.
Subjects: 
CO2 emissions
Economic development
Africa
JEL: 
C52
O38
O40
O55
P37
Document Type: 
Working Paper

Files in This Item:
File
Size





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