Globalisation and the Nigerian environment: empirical evidence from quantile cointegration Online publication date: Tue, 04-Apr-2023
by Olalekan Bashir Aworinde
International Journal of Computational Economics and Econometrics (IJCEE), Vol. 13, No. 2, 2023
Abstract: This paper examines the validity of the environmental Kuznets curve (EKC) in Nigeria by exploring the impact of economic growth, overall, economic, social, and political globalisation on Nigerian ecological footprint using the recently developed quantile autoregressive distributed lag (Q-ARDL) technique for the period of 1970Q1-2018Q4. The findings of the linear ARDL support the presence of a long-run relationship and validity of EKC in all the four models considered. The Q-ARDL results showed that the assumptions of the error-correction terms are met across all quantiles. The long-run results reveal evidence of an inverted U-shaped EKC in Nigeria. Additionally, the long-run period shows that overall, social, economic, and political globalisation worsens the Nigerian environment. This study, therefore, recommends that the Nigerian Government should adopt energy-efficient environmental policies that will promote green growth development.
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