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Linkages between Globalisation, Carbon dioxide emissions and Governance in Sub-Saharan Africa

Author

Listed:
  • Simplice A. Asongu

    (Yaoundé/Cameroon)

  • Rexon T. Nting

    (London, UK)

  • Joseph Nnanna

    (The Development Bank of Nigeria, Abuja, Nigeria)

Abstract

This study investigates linkages between environmental degradation, globalisation and governance in 44 countries in Sub-Saharan Africa using data for the period 2000-2012. The Generalised Method of Moments is employed as empirical strategy. Environmental degradation is proxied by carbon dioxide emissions whereas globalisation is appreciated in terms of trade openness and net foreign direct investment inflows. Bundled and unbundled governance indicators are used, namely: political governance (consisting of political stability/no violence and “voice & accountability†), economic governance (encompassing government effectiveness and regulation quality), institutional governance (entailing corruption-control and the rule of law) and general governance (a composite measurement of political governance, economic governance and institutional governance). The following main finding is established. Trade openness modulates carbon dioxide emissions to have positive net effects on political stability, economic governance, the rule of law and general governance.

Suggested Citation

  • Simplice A. Asongu & Rexon T. Nting & Joseph Nnanna, 2019. "Linkages between Globalisation, Carbon dioxide emissions and Governance in Sub-Saharan Africa," Working Papers 19/051, European Xtramile Centre of African Studies (EXCAS).
  • Handle: RePEc:exs:wpaper:19/051
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    2. Asongu, Simplice A. & Adegboye, Alex & Ejemeyovwi, Jeremiah & Umukoro, Olaoluwa, 2021. "The mobile phone technology, gender inclusive education and public accountability in Sub-Saharan Africa," Telecommunications Policy, Elsevier, vol. 45(4).
    3. Abbasi, Kashif Raza & Hussain, Khadim & Haddad, Akram Masoud & Salman, Asma & Ozturk, Ilhan, 2022. "The role of Financial Development and Technological Innovation towards Sustainable Development in Pakistan: Fresh insights from consumption and territory-based emissions," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
    4. Muhammad Ahad & Zulfiqar Ali Imran, 2023. "The role of shadow economy to determine CO2 emission in Pakistan: evidence from novel dynamic simulated ARDL model and wavelet coherence analysis," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(4), pages 3043-3071, April.

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    More about this item

    Keywords

    Carbon dioxide emissions; Economic development; Africa;
    All these keywords.

    JEL classification:

    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa
    • P37 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Legal

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