Economic Prosperity, Asymmetric Natural Resource Income, and Ecological Demands in Resource-Reliant Economies

Aladejare, Samson Adeniyi

doi:10.2139/ssrn.4148273

Cited by 5 publications

(2 citation statements)

References 67 publications

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“…Natural resources essential for industrial growth contribute to ecological degradation through destructive extractive processes. The quest for industrialisation has led to signi cant extraction of natural resources with consequential harmful environmental effects (Aladejare, 2022b). For instance, the extraction of nonrenewable natural resources in minerals, crude oil, and natural gas is known to degrade the environment (Majeed et ).…”

Section: Introductionmentioning

confidence: 99%

Ecological response to industrialisation drivers in Africa

Aladejare

Nyiputen

2023

Environmental Development

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Section: Introductionmentioning

confidence: 99%

Ecological response to industrialisation drivers in Africa

Aladejare

Nyiputen

2023

Environmental Development

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“…Although most economic growth in the continent is resource-earnings driven (Aladejare and Nyiputen, 2022), the adverse effect on the environment can deter sustainable development. This is because natural endowments required for industrial and, by extension, economic growth contribute to environmental pollution and atrophy through detrimental extractive methods (Aladejare, 2022b). For instance, the extraction of renewable and non-renewable natural resources in crude oil, minerals, natural gas, forestry and agricultural products is known to degenerate ecological sustainability Majeed et al, 2021;Adekoya et al, 2022;Adebayo et al, 2022Ganda, 2022Aladejare, 2022c,d) and by extension, sustainable development.…”

Section: Introductionmentioning

confidence: 99%

Does Rising Resources Income, Consumer Prices, Government Outlay, and Globalisation Hinder Africa's Sustainable Development?

Aladejare¹,

Musa

2022

SSRN Journal

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Ecological Response to Industrialisation Drivers in Africa

Aladejare¹,

Nyiputen²

2022

Preprint

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More than ever, ecological conditions are fast deteriorating due to rising greenhouse gas emissions. These emissions are significantly propelled into the atmosphere by growth in specific human activities that also advance industrialisation. It is opined that these activities will further rise significantly in developing countries since industrialisation can lead to rapid economic modernisation. Consequently, this study examined Africa's long-term ecological response to these rising cogent industrialisation drivers, including manufacturing activities, resource wealth, urbanisation, income growth, globalisation, and human capital development. A panel analyses of 32 African countries was conducted between 1991 and 2019. Empirical inferences were derived through a battery of advance estimation techniques. They include second-generation panel unit root and cointegration tests, generalised estimating equation, generalised least squares mixed effect model, dynamic common correlated effect, Driscoll-Kraay, and the panel corrected standard error methods. These robust econometric techniques prevented methodological challenges in prior studies, such as heterogeneity, cross-sectional dependence, and heteroscedasticity. The study observed that an increase in manufacturing value-added, natural resources wealth, income growth, globalisation, and human capital diminishes ecological quality in Africa. However, urbanisation was found to be environmentally-enhancing. The study proposed relevant policy measures to mitigate environmental pollution from industrialisation drivers. JEL Classification:N57, O13, O14.

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Economic Prosperity, Asymmetric Natural Resource Income, and Ecological Demands in Resource-Reliant Economies

Cited by 5 publications

References 67 publications

Ecological response to industrialisation drivers in Africa

Ecological response to industrialisation drivers in Africa

Does Rising Resources Income, Consumer Prices, Government Outlay, and Globalisation Hinder Africa's Sustainable Development?

Ecological Response to Industrialisation Drivers in Africa

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