The Dynamics of Carbon dioxide [CO2] Emission on Nigerian Capacity Utilization
Journal Title: Scholars Bulletin - Year 2017, Vol 3, Issue 3
Abstract
Abstract:On utilizing the available resources in Nigeria, carbon dioxide and other environmental substances are emitted into the atmosphere, which pollutes the Economy. Dynamically, this research work employs quarterly time series on the variable of interest, given the integration of the same order [I(1)] of the series, and co-integration via Bound-Testing Technique, this work utilizes the Auto-regressive Distributed Lag (ARDL) Model and discovered that at present, Emission of Carbon Dioxide (CE) is statistically significant and positively related to the Average Manufacturing Capacity Utilization (AMCU) in the short and long run, denoting that the emission of Carbon Dioxide is in-line with Green Economics; which however will not jeopardize future production and consumption. On the other hand, Manufacturing Value Added (MVA) is inversely related with Average Manufacturing Capacity Utilization (AMCU), in the short and long-run. These findings agree with Zhen and Jing (2009), Anietie (2011) and DiNapoli (2007). The Researchers however suggest utilization of available capacities in adding value to goods and services and a more effective and tightened Carbon Emission Tax System (CETS) like Cap-and-Trade, Carbon Tax, Pigouvian Tax, etc. which will keep in check, the quantity of Emitted Carbon Dioxide in Nigeria and consequently, not affect the birds of the air and earth (Livestock), aquatic animals, and human beings. Hence creating a future better Nigeria with respect to production and Consumption. Keywords: Carbon Dioxide Emission, Environmental Pollution, Environmental Pollution Tax, Capacity Utilization, and Green Economics. JEL Classification: D21, E22, E23, H23, I18, and Q5
Authors and Affiliations
David Iheke Okorie, Victor Edem Sosoo
Keywords
Related Articles
- EP ID EP382137
- DOI -
- Views 124
- Downloads 0
Source Faults of F, Y Oil Layer in Sanzhao Depression and its Control to Oil Accumulation
Abstract:The research on the characteristics of oil migration mechansim and pathway of oil migrating from K2qn1source rocks down-ward to F,Y oil layer in Sanzhao Depression shows that the source faults of F,Y oil layer s...
Teaching “Integration by Parts” in Calculus 12: A Pedagogical Experiment Based on the Inductive Instruction
Abstract:Inductive reasoning, or induction, makes generalizations from particular facts or instances. Based on induction, in teaching, it is developed to become inductive instruction. With this approach, the learning pro...
Research History and Current Situation of the Development of Structure Physical Modeling Experiment
Abstract:The structure simulation experiment is to study and mimic natural geological structure deformation characteristics, genetic mechanism and dynamics process of a physical experiment method. Theoretical basis of ph...
“Didactical Contract” As a Tool for Finding out Students’ Errors in Solving Problem: An Illustration in Analytic Geometry
Abstract: In this study, we used the concept “didactical contract”, which was introduced by Guy Brousseau in 1980, as a tool for finding out the errors of students. In order to illustrate this approach, we used the typ...
Characteristics of Micro-Pore Structure of Tight Sandstone Reservoir: A Case Study from ImsarSag Tight Oil Reservoirs
Abstract: Jimusaer sag Lucaogou Formation tight oil reservoir lithology is changeable, diverse mineral elements and clastic rock and carbonate rock of the transitional rocks. Dense oil in the region to the source of vari...