期刊名称:The Journal of Sustainable Development in Africa (JSDA)
电子版ISSN:1520-5509
出版年度:2012
卷号:14
期号:2
出版社:Institute of Sustainable Development in Africa
摘要:The world is facing environmental challenges in particular the surging growth of greenhouse gases emissions. In line with these challenges, the developed world is funding sustainable development in poor countries, assumed to have low willingness to pay for environmental quality improvements. The study attempts to examine whether financial development assistance reduces carbon dioxide emissions in Sub-Saharan Africa (SSA) or not. Empirically, the study estimates the random effects panel data model in two functional forms, the linear and the quadratic forms, linking carbon dioxide emissions to sustainable development assistance, per capita income, energy use and manufacturing share. The study findings provide evidence that the quadratic functional form in terms of the sustainable development assistance variable provides the best fit for SSA data. While the explicit link between environmental quality and per capita income professed by various empirical studies is not refuted, the study finds evidence that increases in current per capita incomes increase carbon dioxide emissions in SSA. But in the dynamic random effects estimation, the study finds no evidence of a significant influence of previous carbon dioxide emissions on current emissions although there is an indication of a positive relationship.