Effect of Climate Change, Damage to Environment and Human Development Index on Economic Growth in Nigeria
This study investigated the relationship between climatic change, damage to nature, human development and economic growth in Nigeria. The data were collected from secondary sources, mainly the Central Bank of Nigeria\'s Statistical Bulletin, Word Development Indicator, and the National Bureau o...
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Veröffentlicht in: | African journal of business and economic research 2024-06, Vol.19 (2), p.91-107 |
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Hauptverfasser: | , |
Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | This study investigated the relationship between climatic change, damage to nature, human development and economic growth in Nigeria. The data were collected from secondary sources, mainly the Central Bank of Nigeria\'s Statistical Bulletin, Word Development Indicator, and the National Bureau of Statistics, Nigeria. The authors undertook data analysis to establish a relationship between these factors using multiple regression and the Cobb-Douglas test. The analysis proved that climate change has imposed many constraints that have hindered human development and consequently severely impacted Nigeria\'s environment and economic growth. The study recommended continual intervention of the governments, international development agencies, and non-governmental organisations (NGOs) in formulating policies and implementing sustainable practices that will minimise the negative consequences on human capital development and improve economic growth in Nigeria with negligible environmental damage. |
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ISSN: | 1750-4554 1750-4562 |
DOI: | 10.31920/1750-4562/2024/v19n2a5 |