IDEAS home Printed from https://ideas.repec.org/a/eee/ingrde/v3y2024i1s2949753123000760.html
   My bibliography  Save this article

Institutional quality and green economic growth in West African economic and monetary union

Author

Listed:
  • Degbedji, Dado Fabrice
  • Akpa, Armand Fréjuis
  • Chabossou, Augustin Foster
  • Osabohien, Romanus

Abstract

This study examined the how institutions influence green economic growth in the West African Economic and Monetary Union (WAEMU) countries with view to contributing to Sustainable development goal of good health and well-being (SDG 3), clean water and sanitation (SDG 6), decent work and economic growth (SDG 8), sustainable cities and communities (SDG11), responsible consumption and production (SDG12).

Suggested Citation

  • Degbedji, Dado Fabrice & Akpa, Armand Fréjuis & Chabossou, Augustin Foster & Osabohien, Romanus, 2024. "Institutional quality and green economic growth in West African economic and monetary union," Innovation and Green Development, Elsevier, vol. 3(1).
  • Handle: RePEc:eee:ingrde:v:3:y:2024:i:1:s2949753123000760
    DOI: 10.1016/j.igd.2023.100108
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2949753123000760
    Download Restriction: Open-access

    File URL: https://libkey.io/10.1016/j.igd.2023.100108?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Charfeddine, Lanouar & Ben Khediri, Karim, 2016. "Financial development and environmental quality in UAE: Cointegration with structural breaks," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 1322-1335.
    2. Campos, Nauro & Karanasos, Menelaos & Koutroumpis, Panagiotis & Zhang, Zihui, 2020. "Political instability, institutional change and economic growth in Brazil since 1870," Journal of Institutional Economics, Cambridge University Press, vol. 16(6), pages 883-910, December.
    3. Seyed Meysam Khoshnava & Raheleh Rostami & Rosli Mohamad Zin & Dalia Štreimikienė & Alireza Yousefpour & Wadim Strielkowski & Abbas Mardani, 2019. "Aligning the Criteria of Green Economy (GE) and Sustainable Development Goals (SDGs) to Implement Sustainable Development," Sustainability, MDPI, vol. 11(17), pages 1-23, August.
    4. Thampapillai, Dodo J & Uhlin, Hans-Erik, 1997. "Environmental Capital and Sustainable Income: Basic Concepts and Empirical Tests," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 21(3), pages 379-394, May.
    5. Amin, Sakib & Jamasb, Tooraj & Nepal, Rabindra, 2021. "Regulatory reform and the relative efficacy of government versus private investment on energy consumption in South Asia," Economic Analysis and Policy, Elsevier, vol. 69(C), pages 421-433.
    6. Karim, Sitara & Appiah, Michael & Naeem, Muhammad Abubakr & Lucey, Brian M. & Li, Mingxing, 2022. "Modelling the role of institutional quality on carbon emissions in Sub-Saharan African countries," Renewable Energy, Elsevier, vol. 198(C), pages 213-221.
    7. Daron Acemoglu & James Robinson, 2010. "The Role of Institutions in Growth and Development," Review of Economics and Institutions, Università di Perugia, vol. 1(2).
    8. Harris, Richard D. F. & Tzavalis, Elias, 1999. "Inference for unit roots in dynamic panels where the time dimension is fixed," Journal of Econometrics, Elsevier, vol. 91(2), pages 201-226, August.
    9. Nawaz, Saima, 2015. "Growth effects of institutions: A disaggregated analysis," Economic Modelling, Elsevier, vol. 45(C), pages 118-126.
    10. Steven Tadelis & Oliver E.Williamson, 2012. "Transaction Cost Economics [The Handbook of Organizational Economics]," Introductory Chapters,, Princeton University Press.
    11. Sohag, Kazi & Begum, Rawshan Ara & Abdullah, Sharifah Mastura Syed & Jaafar, Mokhtar, 2015. "Dynamics of energy use, technological innovation, economic growth and trade openness in Malaysia," Energy, Elsevier, vol. 90(P2), pages 1497-1507.
    12. Danish Ahmed Siddiqui & Qazi Masood Ahmed, 2019. "The Causal Relationship Between Institutions and Economic Growth: An Empirical Investigation for Pakistan Economy," Issues in Economics and Business, Macrothink Institute, vol. 5(1), pages 1-19, June.
    13. Dumitrescu, Elena-Ivona & Hurlin, Christophe, 2012. "Testing for Granger non-causality in heterogeneous panels," Economic Modelling, Elsevier, vol. 29(4), pages 1450-1460.
    14. John Hartwick, 1977. "Intergenerational Equity and the Investment of Rents from Exhaustible Resources in a Two Sector Model," Working Paper 281, Economics Department, Queen's University.
    15. Anwar Khan & Jamal Hussain & Sadia Bano & Yang Chenggang, 2020. "The repercussions of foreign direct investment, renewable energy and health expenditure on environmental decay? An econometric analysis of B&RI countries," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 63(11), pages 1965-1986, September.
    16. Sohag, Kazi & Taşkın, F. Dilvin & Malik, Muhammad Nasir, 2019. "Green economic growth, cleaner energy and militarization: Evidence from Turkey," Resources Policy, Elsevier, vol. 63(C), pages 1-1.
    17. Bhattacharya, Mita & Awaworyi Churchill, Sefa & Paramati, Sudharshan Reddy, 2017. "The dynamic impact of renewable energy and institutions on economic output and CO2 emissions across regions," Renewable Energy, Elsevier, vol. 111(C), pages 157-167.
    18. Hartwick, John M, 1977. "Intergenerational Equity and the Investing of Rents from Exhaustible Resources," American Economic Review, American Economic Association, vol. 67(5), pages 972-974, December.
    19. Richard Osadume & Edih O. University, 2021. "Impact of economic growth on carbon emissions in selected West African countries, 1980–2019," Journal of Money and Business, Emerald Group Publishing Limited, vol. 1(1), pages 8-23, July.
    20. Peter Pedroni, 1999. "Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 61(S1), pages 653-670, November.
    21. Andrea Asoni, 2008. "Protection Of Property Rights And Growth As Political Equilibria," Journal of Economic Surveys, Wiley Blackwell, vol. 22(5), pages 953-987, December.
    22. Kao, Chihwa, 1999. "Spurious regression and residual-based tests for cointegration in panel data," Journal of Econometrics, Elsevier, vol. 90(1), pages 1-44, May.
    23. Phuc Canh, Nguyen & Schinckus, Christophe & Thanh, Su Dinh, 2019. "Do economic openness and institutional quality influence patents? Evidence from GMM systems estimates," International Economics, Elsevier, vol. 157(C), pages 134-169.
    24. Im, Kyung So & Pesaran, M. Hashem & Shin, Yongcheol, 2003. "Testing for unit roots in heterogeneous panels," Journal of Econometrics, Elsevier, vol. 115(1), pages 53-74, July.
    25. Lau, Lin-Sea & Choong, Chee-Keong & Eng, Yoke-Kee, 2014. "Carbon dioxide emission, institutional quality, and economic growth: Empirical evidence in Malaysia," Renewable Energy, Elsevier, vol. 68(C), pages 276-281.
    26. Adedoyin, Festus Fatai & Bekun, Festus Victor & Alola, Andrew Adewale, 2020. "Growth impact of transition from non-renewable to renewable energy in the EU: The role of research and development expenditure," Renewable Energy, Elsevier, vol. 159(C), pages 1139-1145.
    27. repec:bla:obuest:v:61:y:1999:i:0:p:653-70 is not listed on IDEAS
    28. Folasade Bosede Adegboye & Romanus Osabohien & Felicia O. Olokoyo & Oluwatoyin Matthew & Oluwasogo Adediran, 2020. "Institutional quality, foreign direct investment, and economic development in sub-Saharan Africa," Palgrave Communications, Palgrave Macmillan, vol. 7(1), pages 1-9, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Niu, Bingcheng, 2024. "Government environmental protection expenditure and national ESG performance: Global evidence," Innovation and Green Development, Elsevier, vol. 3(2).
    2. Tang, Kai & Wang, Yu-ying & Wang, Hai-jie, 2024. "The impact of innovation capability on green development in China's urban agglomerations," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    3. Liu, Yishuang & Huang, Jinpeng & Xu, Jianxiang & Xiong, Shufei, 2024. "Natural resource dependence and sustainable development policy: Insights from city-level analysis," Resources Policy, Elsevier, vol. 91(C).
    4. Niu, Peng & Sun, Kun & Sun, Lirong & Chang, Chao-Wen, 2024. "The political economy and green innovation: A scientometric analysis," Innovation and Green Development, Elsevier, vol. 3(2).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Azam, Anam & Ateeq, Muhammad & Shafique, Muhammad & Rafiq, Muhammad & Yuan, Jiahai, 2023. "Primary energy consumption-growth nexus: The role of natural resources, quality of government, and fixed capital formation," Energy, Elsevier, vol. 263(PA).
    2. Francisco García-Lillo & Eduardo Sánchez-García & Bartolomé Marco-Lajara & Pedro Seva-Larrosa, 2023. "Renewable Energies and Sustainable Development: A Bibliometric Overview," Energies, MDPI, vol. 16(3), pages 1-22, January.
    3. Umut Uzar, 2022. "The connection between freedom of the press and environmental quality: An investigation on emerging market countries," Natural Resources Forum, Blackwell Publishing, vol. 46(1), pages 21-38, February.
    4. Mehmet Balcilar & Ojonugwa Usman & George N. Ike, 2023. "Investing green for sustainable development without ditching economic growth," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(2), pages 728-743, April.
    5. Siamand Hesami & Bezhan Rustamov & Husam Rjoub & Wing-Keung Wong, 2020. "Implications of Oil Price Fluctuations for Tourism Receipts: The Case of Oil Exporting Countries," Energies, MDPI, vol. 13(17), pages 1-17, August.
    6. Jin, Taeyoung & Kim, Jinsoo, 2018. "What is better for mitigating carbon emissions – Renewable energy or nuclear energy? A panel data analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 91(C), pages 464-471.
    7. Isiaka Akande Raifu & Alarudeen Aminu, 2023. "The effect of military spending on economic growth in MENA: evidence from method of moments quantile regression," Future Business Journal, Springer, vol. 9(1), pages 1-21, December.
    8. Muhammad Farhan Bashir & Benjiang MA & Muhammad Shahbaz & Zhilun Jiao, 2020. "The nexus between environmental tax and carbon emissions with the roles of environmental technology and financial development," PLOS ONE, Public Library of Science, vol. 15(11), pages 1-20, November.
    9. Zeeshan Arshad & Margarita Robaina & Anabela Botelho, 2020. "Renewable and Non-renewable Energy, Economic Growth and Natural Resources Impact on Environmental Quality: Empirical Evidence from South and Southeast Asian Countries with CS-ARDL Modeling," International Journal of Energy Economics and Policy, Econjournals, vol. 10(5), pages 368-383.
    10. Qamruzzaman, Md & Karim, Salma & Jahan, Ishrat, 2022. "Nexus between economic policy uncertainty, foreign direct investment, government debt and renewable energy consumption in 13 top oil importing nations: Evidence from the symmetric and asymmetric inves," Renewable Energy, Elsevier, vol. 195(C), pages 121-136.
    11. María del Carmen Ramos-Herrera & María A. Prats, 2020. "Fiscal Sustainability in the European Countries: A Panel ARDL Approach and a Dynamic Panel Threshold Model," Sustainability, MDPI, vol. 12(20), pages 1-14, October.
    12. Mathilde Aubry & Jean Bonnet & Patricia Renou-Maissant, 2015. "Entrepreneurship and the business cycle: the “Schumpeter” effect versus the “refugee” effect—a French appraisal based on regional data," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 54(1), pages 23-55, January.
    13. Campo, Jacobo & Mendoza, Henry, 2018. "Gasto público y crecimiento económico: un análisis regional para Colombia, 1984-2012," Revista Lecturas de Economía, Universidad de Antioquia, CIE, issue 88, pages 77-108, January.
    14. Karmaker, Shamal Chandra & Hosan, Shahadat & Chapman, Andrew J. & Saha, Bidyut Baran, 2021. "The role of environmental taxes on technological innovation," Energy, Elsevier, vol. 232(C).
    15. Usman, Muhammad & Makhdum, Muhammad Sohail Amjad, 2021. "What abates ecological footprint in BRICS-T region? Exploring the influence of renewable energy, non-renewable energy, agriculture, forest area and financial development," Renewable Energy, Elsevier, vol. 179(C), pages 12-28.
    16. Khribich, Abir & Kacem, Rami H. & Dakhlaoui, Ahlem, 2021. "Causality nexus of renewable energy consumption and social development: Evidence from high-income countries," Renewable Energy, Elsevier, vol. 169(C), pages 14-22.
    17. Iheonu, Chimere & Asongu, Simplice & Odo, Kingsley & Ojiem, Patrick, 2020. "Financial Sector Development and Investment in Selected ECOWAS Countries: Empirical Evidence using Heterogeneous Panel Data Method," MPRA Paper 107102, University Library of Munich, Germany.
    18. Shahbaz, Muhammad & Raghutla, Chandrashekar & Chittedi, Krishna Reddy & Jiao, Zhilun & Vo, Xuan Vinh, 2020. "The effect of renewable energy consumption on economic growth: Evidence from the renewable energy country attractive index," Energy, Elsevier, vol. 207(C).
    19. Prempeh Kwadwo Boateng & Frimpong Joseph Magnus & Yeboah Samuel Asuamah, 2024. "The dynamics of financial development, environmental degradation, economic growth and population health in the Economic Community of West African States," Environmental & Socio-economic Studies, Sciendo, vol. 12(2), pages 13-27.
    20. Muhammad Zakaria & Bashir Ahmed Fida & Saquib Yousaf Janjua & Syed Jawad Hussain Shahzad, 2017. "Fertility and Financial Development in South Asia," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 133(2), pages 645-668, September.

    More about this item

    Keywords

    Environmental management; Environmental sustainability; Green economic growth; Institutions;
    All these keywords.

    JEL classification:

    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ingrde:v:3:y:2024:i:1:s2949753123000760. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/innovation-and-green-development .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.