ENVIRONMENTAL QUALITY, CORRUPTION AND ECONOMIC GROWTH IN NIGERIA: Evidence from a Nonlinear Autoregressive Distributed Lag (NARDL) Approach
- Obukohwo Oba Efayena; Hilda Enoh Olele
- ( paper pages. 311 - 333 )
Abstract
With the increase in corrupt practices in the Nigerian economy in recent
years coupled with exploitation and degradation of the environment, this study
investigated the impact of corruption and environmental quality on economic
growth in Nigeria, as well as the possibility of a long-run relationship among
the variables. Utilizing economic data ranging from 1996 to 2021 and employing
the Nonlinear Autoregressive Distributed Lag (NARDL) method, the study found that
environmental degradation adversely impacts economic growth. The study also established
that while a positive change in corruption leads to an increase in economic
growth, a negative change results in a decline in economic growth. The study further
established a steady, long-run relationship between the variables. The study
thus recommends that both institutional and environmental measures be employed
to check corrupt trends and improve the environment for economic growth.
Citation
Obukohwo Oba Efayena; Hilda Enoh Olele.
2023.
"ENVIRONMENTAL QUALITY, CORRUPTION AND ECONOMIC GROWTH IN NIGERIA: Evidence from a Nonlinear Autoregressive Distributed Lag (NARDL) Approach"
The Nigerian Journal of Economic and Social Studies,
65 (2): 311 - 333.
JEL Classification
Q56, Q58
