EconPapers    
Economics at your fingertips  
 

Economic Development Thresholds for a Green Economy in Sub-Saharan Africa

Simplice Asongu and Nicholas Odhiambo

MPRA Paper from University Library of Munich, Germany

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.

Keywords: CO2 emissions; Economic development; Africa (search for similar items in EconPapers)
JEL-codes: C52 O38 O40 O55 P37 (search for similar items in EconPapers)
Date: 2019-01
New Economics Papers: this item is included in nep-env and nep-gro
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (22)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/93534/1/MPRA_paper_93534.pdf original version (application/pdf)

Related works:
Working Paper: Economic Development Thresholds for a Green Economy in Sub-Saharan Africa (2019) Downloads
Working Paper: Economic Development Thresholds for a Green Economy in Sub-Saharan Africa (2019) Downloads
Working Paper: Economic Development Thresholds for a Green Economy in Sub-Saharan Africa (2019) Downloads
Working Paper: Economic Development Thresholds for a Green Economy in Sub-Saharan Africa (2019) Downloads
Working Paper: Economic development thresholds for a green economy in Sub-Saharan Africa (2019) Downloads
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:pra:mprapa:93534

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

 
Page updated 2025-04-01
Handle: RePEc:pra:mprapa:93534