سامانه پشتیبانی خدمات اطلاعات

  اخبار و اعلانات

 آمار

تعداد نشریات158
تعداد شماره‌ها6,225
تعداد مقالات67,685
تعداد مشاهده مقاله114,992,762
تعداد دریافت فایل اصل مقاله89,661,952
Muhammad, Mansur, Isa, Abubakar, Muhammad, Muhammad, Sani Ibrahim, Saifullahi. (1402). Co2 Emission and Financial Development Nexus in Nigeria: Fresh Insights from Asymmetry Cointegration. , (), -. doi: 10.22059/ier.2023.92232
Mansur Muhammad; Abubakar Funtua Isa; Muhammad Abdulaziz Muhammad; Saifullahi Sani Ibrahim. "Co2 Emission and Financial Development Nexus in Nigeria: Fresh Insights from Asymmetry Cointegration". , , , 1402, -. doi: 10.22059/ier.2023.92232
Muhammad, Mansur, Isa, Abubakar, Muhammad, Muhammad, Sani Ibrahim, Saifullahi. (1402). 'Co2 Emission and Financial Development Nexus in Nigeria: Fresh Insights from Asymmetry Cointegration', , (), pp. -. doi: 10.22059/ier.2023.92232
Muhammad, Mansur, Isa, Abubakar, Muhammad, Muhammad, Sani Ibrahim, Saifullahi. Co2 Emission and Financial Development Nexus in Nigeria: Fresh Insights from Asymmetry Cointegration. , 1402; (): -. doi: 10.22059/ier.2023.92232

Co2 Emission and Financial Development Nexus in Nigeria: Fresh Insights from Asymmetry Cointegration

Iranian Economic Review
مقالات آماده انتشار، پذیرفته شده، انتشار آنلاین از تاریخ 25 اردیبهشت 1402
نوع مقاله: Research Paper
شناسه دیجیتال (DOI): 10.22059/ier.2023.92232
نویسندگان
Mansur Muhammad* 1؛ Abubakar Funtua Isa2؛ Muhammad Abdulaziz Muhammad3؛ Saifullahi Sani Ibrahim4
1Department of Economics, Usmanu Danfodiyo University, Sokoto, Nigeria; Faculty of Economics and Business, Universitas Islam Internasional Indonesia, Kota Depok, Indonesia.
2Department of Economics & Development Studies, Federal University Dutsin-Ma, Katsina, Nigeria
3Department of Business Education, Kano State College of Education and Preliminary Studies, Kano, Nigeria
4Department of Economics & Development Studies, Federal University Dutsin-Ma, Katsina, Nigeria
چکیده
In recent times, studies on the nexus between carbon emissions and financial development have become plentiful. Very few of them consider the nonlinearity or asymmetry of relationship between financial development indices and C02 emissions. The objective of this study is to explore asymmetric cointegration within the framework of non-linear autoregressive distributed lag model on the emissions-financial development nexus using Nigeria’s data from 1981-2020. Our findings revealed the existence of an asymmetric long run relationship between C02 emissions and financial development measured by credit to private sector, financial deepening and market capitalization. Positive shocks to Credit to private sectors has a negative and significant impact on the emission at 1% level, while negative shock is not statistically significant in explaining emission in Nigeria. Positive shocks of market capitalization insignificantly reduce emissions and vice versa. Moreover, asymmetric shocks of financial deepening have negative and significant effects on emissions in Nigeria. The study therefore recommends that domestic credits to the private sector should be geared towards enhancing renewable energy as more investments are required especially in solar and wind energy. In addition, environmental laws be strengthened and pollution taxes be introduced in order to mitigate the increasing level of C02 released through the consumption spree for energy demanding and C02-emitting goods aided by the increasing level of Nigeria’s financial development.
کلیدواژه‌ها
Co2 Emission؛ Financial Development؛ NARDL؛ Asymmetry؛ Market Capitalization
آمار
تعداد مشاهده مقاله: 112


سامانه مدیریت نشریات علمی. قدرت گرفته از سیناوب