THE EFFECT OF POPULATION AND FINANCIAL DEVELOPMENT ON ENVIRONMENTAL HEALTH IN NIGERIA (1980-2019)

Akintunde Temitope Sade (), Adagunodo Mathew (), Aderajo Oluwatosin Mary () and Akanbi Bosede Esther ()
Additional contact information
Akintunde Temitope Sade: Osun State University
Adagunodo Mathew: Osun State University
Aderajo Oluwatosin Mary: Osun State University
Akanbi Bosede Esther: Osun State University

Annals of Spiru Haret University, Economic Series, 2021, vol. 21, issue 3, 149-165

Abstract: In recent times, environmental health quality has raised issues on dynamics of population, financial development and environmental health quality in Nigeria. The present study has made an attempt to explore interlinks among these variables using Autoregressive Distributive Lag (ARDL) bound cointegration approach. The study period is from1980 to 2019. The coefficient of population has a positive and statistically significant effect on carbon emission proxy for environmental quality for both short and long-run. The coefficient market capitalization (MCP) is statistically significant at 5% level and with the positive sign in the both short-run and long-run. However, credit to private sector has negative and significant impact on carbon emission. Nigeria should develop its financial sector to enhance investment in energy saving equipment that will reduce carbon emission, hence improve environmental quality. Also, the growing population should be encouraged to use the clean form of energy for their daily activities.

Keywords: population; financial development; environmental health; autoregressive distributive lag (search for similar items in EconPapers)
JEL-codes: Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://anale.spiruharet.ro/index.php/economics/article/view/1065/pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:sphecs:0407

Access Statistics for this article

Annals of Spiru Haret University, Economic Series is currently edited by Elena Gurgu and Constantin Mecu

More articles in Annals of Spiru Haret University, Economic Series from Universitatea Spiru Haret no. 13 Street Ion Ghica, Quarter 3, Bucharest, Cod postal: 030045, tel: (004021) 455.1000; 314.00.75; 314.00.76, fax: (004021) 314.39.08, e-mail: info@spiruharet.ro. Contact information at EDIRC.
Bibliographic data for series maintained by Aurelian A BONDREA () and Constantin Mecu ( this e-mail address is bad, please contact ).