Arbeitspapier
Economic development thresholds for a green economy in Sub-Saharan Africa
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.
- Language
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Englisch
- Bibliographic citation
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Series: AGDI Working Paper ; No. WP/19/010
- Classification
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Wirtschaft
Model Evaluation, Validation, and Selection
Technological Change: Government Policy
Economic Growth and Aggregate Productivity: General
Economywide Country Studies: Africa
Socialist Systems and Transitional Economies: Legal Institutions; Illegal Behavior
- Subject
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CO2 emissions
Economic development
Africa
- Event
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Geistige Schöpfung
- (who)
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Asongu, Simplice
Odhiambo, Nicholas M.
- Event
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Veröffentlichung
- (who)
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African Governance and Development Institute (AGDI)
- (where)
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Yaoundé
- (when)
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2019
- Handle
- Last update
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10.03.2025, 11:46 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Asongu, Simplice
- Odhiambo, Nicholas M.
- African Governance and Development Institute (AGDI)
Time of origin
- 2019