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Issues in Sustainable Development: The Environment–Income Relationship

  • Oluwabunmi O. Adejumo
Chapter

Abstract

In view of the increasing economic activities in Nigeria, the quest for quality environment has become a major thrust with regard to sustainable development. This explains why ensuring environmental quality remains is one of the cardinal components of the Sustainable Development Goals. Therefore, this study aims to ascertain if economic wealth gotten though increased economic activities and economic growth have influenced the demand for cleaner environments by Nigerians. Based on the Environmental Kuznet Curve (EKC) hypothesis, the study used the Ordinary Least Squares (OLS) and Dynamic OLS (DOLS) to ascertain the existence of EKC in Nigeria. The study found out that the U-shaped curve is seen for the Nigerian case as against the EKC inverted U-shape for the quality, and economic growth relationship. This indicates that there are currently low preferences to spend income to assure environmental quality or finance sustainable development in Nigeria.

JEL Code

O4 Qo1 Q53 Q56 

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Oluwabunmi O. Adejumo
    • 1
  1. 1.Institute for Entrepreneurship and Development StudiesObafemi Awolowo UniversityIle-IfeNigeria

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