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Effect of Environmental Degradation on Economic Growth Nigeria

This study examined the effect of environmental degradation on economic growth in Nigeria, using carbon dioxide (CO₂) emissions as a proxy for environmental degradation alongside selected macroeconomic variables, including real interest rate, investment, inflation, and technological innovation. The empirical results revealed that, at the 5% level of significance, only the lagged value of GDP had a positive and statistically significant effect on current economic growth, indicating strong persistence in economic performance. Although carbon dioxide (CO₂) emissions exhibited a negative relations…

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    from https://www.iiardjournals.org/get/IJEFM/VOL. 11 NO. 7 2026/Effect of Environmental Degradation 305-316.pdf