The Impact of Environmental Pollution on Economic Growth in Sub-Saharan Africa: ARDL-PMG Approach


International Research Journal of Economics and Management Studies
© 2023 by IRJEMS
Volume 2  Issue 4
Year of Publication : 2023
Authors : Titilayo Yemisi SAMUEL, Abel Ariyo AWE
irjems doi : 10.56472/25835238/IRJEMS-V2I4P157

Citation:

Titilayo Yemisi SAMUEL, Abel Ariyo AWE. "The Impact of Environmental Pollution on Economic Growth in Sub-Saharan Africa: ARDL-PMG Approach" International Research Journal of Economics and Management Studies, Vol. 2, No. 4, pp. 499-505, 2023.

Abstract:

The growing desire of the SSA is to improve their growth rate, which has resulted in the deterioration of environmental quality in the region, and its attendant effect is adversely affected. Therefore, this study set out to examine the impact of environmental pollution on economic growth in SSA. The study used annual data spanning from 1986 to 2022, which was sourced from the World Bank Development Indicator. ARDL- PMG approach was utilized as an econometric technique to achieve the stated objective of the study. The results of this study revealed that CO2, N2O, INV, and POPGR have a positive and significant impact on economic growth, while CH4 and URR exert significant negative relationships with economic growth in SSA. Based on the findings, the study recommended that governments of SSA should set machinery in motion to redesign strong and courageous policy measures that can boost the development of renewable energy sources and increase energy efficiency. Moreover, the government should enact environmental laws and emission limits through institutional agencies that guarantee environmental quality.

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Keywords:

Environmental Pollution, Economic Growth, GDP.