Have a personal or library account? Click to login
Climate Change and Population Growth Rate: any Implications for Economic Growth in Nigeria? Cover

Climate Change and Population Growth Rate: any Implications for Economic Growth in Nigeria?

Open Access
|Jan 2024

Abstract

The study was on Nigeria’s CC, PGR, and economic growth (1986-2021). Secondary data collected from the Central Bank of Nigeria Statistical Bulletin, World Bank, WDI, and Nigerian Meteorological Agency (NIMET) were analyzed using unit root test, Auto-regressive distributed lag model (ARDL) for climate change since variables were of I(1) & I(0) as there was no co-integration. In contrast, the Error Correction Model (ECM) was used for population growth rate as variables were of I(1) and I(0), and there was co-integration. The GC test was adopted to determine the causal relationship among variables. The results showed that the coefficient values of lag one and two of LNRGDP had a significant relation with economic growth at both 10% and 1%, respectively, while lag three period of CAE was significant at a 5% level of probability. The study showed that birth growth rate and net migration positively and negatively impacted economic growth. It also showed unidirectional causality between crude death rate and economic growth and life expectancy at birth with economic growth. The study, therefore, recommends that the government invest in critical policies (real sectors of the economy) for economic growth and research the area of clean energy and eco-friendly approaches and population management with awareness campaigns that can ensure sustainable economic development.

DOI: https://doi.org/10.2478/vjes-2023-0020 | Journal eISSN: 2344-4924 | Journal ISSN: 2067-9440
Language: English
Page range: 111 - 129
Published on: Jan 29, 2024
Published by: Valahia University of Targoviste
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2024 Rasaki Olufemi Kareem, Temitope Shukrat Isiaq, Boluwatife Esther Fabunmi, Abdulqodir Babatunde Taiwo, published by Valahia University of Targoviste
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.