Arbeitspapier

Fuel subsidies and carbon emission: Evidence from asymmetric modelling

It is expected that fuel subsidy removal should hinder carbon emissions growth through low energy consumption channels amid higher energy prices. However, outliers in this theoretical disposition make empirical proof of the fuel subsidy-carbon intensity apt and primitive. Despite established fuel subsidy abolishment gains for climate and economic welfare, the relevance, magnitude and policy implications remain dimly. This paper employs the non-linear autoregressive distributed lag (NARDL) estimation procedure to gauge the contemporaneous influence of fuel subsidy for carbon intensity in Nigeria. Findings revealed that fuel subsidy removal inversely relates to Nigeria's carbon emission in the short-run and long run. The study recommends complementary policy option that ensures additional financial savings to the government should be invested in public sector growth that can cushion the effect of relative income loss to the citizenry. The Nigerian government should ensure measures are kept in place to discourage over-consumption of alternative energy (for example, coal) that could also threaten the green economy paradox.

Sprache
Englisch

Erschienen in
Series: AGDI Working Paper ; No. WP/21/001

Klassifikation
Wirtschaft
Single Equation Models; Single Variables: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
Price Level; Inflation; Deflation
Economic History: Agriculture, Natural Resources, Environment, and Extractive Industries: Africa; Oceania
Climate; Natural Disasters and Their Management; Global Warming
Thema
Fuel Subsidy
Carbon Emission
Non-linear ARDL
Nigeria

Ereignis
Geistige Schöpfung
(wer)
Adekunle, Ibrahim A.
Oseni, Isiaq Olasunkanmi
Ereignis
Veröffentlichung
(wer)
African Governance and Development Institute (AGDI)
(wo)
Yaoundé
(wann)
2021

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Adekunle, Ibrahim A.
  • Oseni, Isiaq Olasunkanmi
  • African Governance and Development Institute (AGDI)

Entstanden

  • 2021

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