Nothing Special   »   [go: up one dir, main page]

IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v176y2023ics030142152300099x.html
   My bibliography  Save this article

Greening human capital towards environmental quality in Ghana: Insight from the novel dynamic ARDL simulation approach

Author

Listed:
  • Ahakwa, Isaac
  • Xu, Yi
  • Tackie, Evelyn Agba
Abstract
Numerous studies on the factors influencing Ghana's environmental quality have been undertaken. However, to the best of our knowledge, no study has been conducted on the relationship between green human capital and environmental quality in Ghana. This study aims to address this knowledge gap by exploring the influence of green human capital on environmental quality in Ghana within the environmental Kuznets curve (EKC) framework. Modern econometric techniques are employed for accurate and trustworthy analyses based on data collected from Ghana from 1990 to 2019. The results reveal that all the study variables are first differenced stationary and co-integrated in the long run. Therefore, the novel dynamic autoregressive distributed lag (ARDL) simulation is adopted to examine the connections between the variables. The findings demonstrate that increasing green human capital degrades environmental quality in the short term while green human capital benefits environmental quality in the long term. Further, the investigation validates the EKC hypothesis in Ghana. It is recommended that stronger initiatives and policies be established to address the detrimental consequences of environmental deterioration caused by incompetent human capital, and that life-long green education be continuously reinforced so that human knowledge and skills keep updated with zero-emission milestones.

Suggested Citation

  • Ahakwa, Isaac & Xu, Yi & Tackie, Evelyn Agba, 2023. "Greening human capital towards environmental quality in Ghana: Insight from the novel dynamic ARDL simulation approach," Energy Policy, Elsevier, vol. 176(C).
  • Handle: RePEc:eee:enepol:v:176:y:2023:i:c:s030142152300099x
    DOI: 10.1016/j.enpol.2023.113514
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S030142152300099X
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.enpol.2023.113514?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. Ngepah, Nicholas & Udeagha, Maxwell C., 2018. "African Regional Trade Agreements and Intra-African Trade," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 33(1), pages 1176-1199.
    2. Ofori, Elvis Kwame & Aram, Simon Appah & Saalidong, Benjamin M. & Gyimah, Justice & Niyonzima, Patrick & Mintah, Clement & Ahakwa, Isaac, 2023. "Exploring new antecedent metrics for safety performance in Ghana’s oil and gas industry using partial least squares structural equation modelling (PLS-SEM)," Resources Policy, Elsevier, vol. 81(C).
    3. MacKinnon, James G & Haug, Alfred A & Michelis, Leo, 1999. "Numerical Distribution Functions of Likelihood Ratio Tests for Cointegration," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 14(5), pages 563-577, Sept.-Oct.
    4. Pata, Ugur Korkut & Caglar, Abdullah Emre, 2021. "Investigating the EKC hypothesis with renewable energy consumption, human capital, globalization and trade openness for China: Evidence from augmented ARDL approach with a structural break," Energy, Elsevier, vol. 216(C).
    5. Soren Jordan & Andrew Q. Philips, 2018. "Cointegration testing and dynamic simulations of autoregressive distributed lag modelsJournal: Stata Journal," Stata Journal, StataCorp LP, vol. 18(4), pages 902-923, December.
    6. Muntasir Murshed & Rizwan Ahmed & Chamaiporn Kumpamool & Mohga Bassim & Mohamed Elheddad, 2021. "The effects of regional trade integration and renewable energy transition on environmental quality: Evidence from South Asian neighbors," Business Strategy and the Environment, Wiley Blackwell, vol. 30(8), pages 4154-4170, December.
    7. Maxwell Chukwudi Udeagha & Marthinus Christoffel Breitenbach, 2023. "Revisiting the nexus between fiscal decentralization and CO2 emissions in South Africa: fresh policy insights," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-46, December.
    8. Kwiatkowski, Denis & Phillips, Peter C. B. & Schmidt, Peter & Shin, Yongcheol, 1992. "Testing the null hypothesis of stationarity against the alternative of a unit root : How sure are we that economic time series have a unit root?," Journal of Econometrics, Elsevier, vol. 54(1-3), pages 159-178.
    9. James Temitope Dada & Adams Adeiza & Noor Azizi Ismail & Arnaut Marina, 2022. "Investigating the link between economic growth, financial development, urbanization, natural resources, human capital, trade openness and ecological footprint: evidence from Nigeria," Journal of Bioeconomics, Springer, vol. 24(2), pages 153-179, July.
    10. Dickey, David A & Fuller, Wayne A, 1981. "Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root," Econometrica, Econometric Society, vol. 49(4), pages 1057-1072, June.
    11. Wang, Wei-Zheng & Liu, Lan-Cui & Liao, Hua & Wei, Yi-Ming, 2021. "Impacts of urbanization on carbon emissions: An empirical analysis from OECD countries," Energy Policy, Elsevier, vol. 151(C).
    12. Mohammed Musah & Yusheng Kong & Isaac Adjei Mensah & Stephen Kwadwo Antwi & Mary Donkor, 2021. "The connection between urbanization and carbon emissions: a panel evidence from West Africa," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(8), pages 11525-11552, August.
    13. Gangadharan, Lata & Valenzuela, Ma. Rebecca, 2001. "Interrelationships between income, health and the environment: extending the Environmental Kuznets Curve hypothesis," Ecological Economics, Elsevier, vol. 36(3), pages 513-531, March.
    14. Ahmed, Zahoor & Asghar, Muhammad Mansoor & Malik, Muhammad Nasir & Nawaz, Kishwar, 2020. "Moving towards a sustainable environment: The dynamic linkage between natural resources, human capital, urbanization, economic growth, and ecological footprint in China," Resources Policy, Elsevier, vol. 67(C).
    15. Pata, Ugur Korkut & Ertugrul, Hasan Murat, 2023. "Do the Kyoto Protocol, geopolitical risks, human capital and natural resources affect the sustainability limit? A new environmental approach based on the LCC hypothesis," Resources Policy, Elsevier, vol. 81(C).
    16. Zahoor Ahmed & Muhammad Mansoor Asghar & Muhammad Nasir Malik & Kishwar Nawaz, 2020. "Moving towards a sustainable environment: The dynamic linkage between natural resources, human capital, urbanization, economic growth, and ecological footprint in China," Post-Print hal-03557938, HAL.
    17. Kwamina Panford, 2022. "Travails of Ghana’s Decade of Crude Oil Production and Exports: Lessons and Policy Prescriptions," Springer Books, in: Theophilus Acheampong & Thomas Kojo Stephens (ed.), Petroleum Resource Management in Africa, chapter 0, pages 483-520, Springer.
    18. Taiwo Onifade, Stephen & Gyamfi, Bright Akwasi & Haouas, Ilham & Bekun, Festus Victor, 2021. "Re-examining the roles of economic globalization and natural resources consequences on environmental degradation in E7 economies: Are human capital and urbanization essential components?," Resources Policy, Elsevier, vol. 74(C).
    19. Zafar, Muhammad Wasif & Zaidi, Syed Anees Haider & Khan, Naveed R. & Mirza, Faisal Mehmood & Hou, Fujun & Kirmani, Syed Ali Ashiq, 2019. "The impact of natural resources, human capital, and foreign direct investment on the ecological footprint: The case of the United States," Resources Policy, Elsevier, vol. 63(C), pages 1-1.
    20. Evelyn Agba Tackie & Hao Chen & Isaac Ahakwa & Samuel Atingabili & Kobina Abaka Ansah, 2022. "Investigating the Relationship Between Local Business and Employment Creation for Poverty Reduction in Northern Ghana: The Moderating Role of Local Economic Development (LED) Policy," SAGE Open, , vol. 12(2), pages 21582440221, June.
    21. Godil, Danish Iqbal & Sarwat, Salman & Khan, Muhammad Kamran & Ashraf, Muhammad Sajjad & Sharif, Arshian & Ozturk, Ilhan, 2022. "How the price dynamics of energy resources and precious metals interact with conventional and Islamic Stocks: Fresh insight from dynamic ARDL approach," Resources Policy, Elsevier, vol. 75(C).
    22. Anastasia Chondrogianni & Pinelopi Tsalaporta, 2023. "Reversing environmental deterioration: the role of human capital in developing countries," Economic Change and Restructuring, Springer, vol. 56(3), pages 1585-1599, June.
    23. M. Hashem Pesaran & Yongcheol Shin & Richard J. Smith, 2001. "Bounds testing approaches to the analysis of level relationships," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(3), pages 289-326.
    24. Perron, Pierre, 1989. "The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis," Econometrica, Econometric Society, vol. 57(6), pages 1361-1401, November.
    25. Maxwell Chukwudi Udeagha & Nicholas Ngepah, 2022. "Dynamic ARDL Simulations Effects of Fiscal Decentralization, Green Technological Innovation, Trade Openness, and Institutional Quality on Environmental Sustainability: Evidence from South Africa," Sustainability, MDPI, vol. 14(16), pages 1-35, August.
    26. Nicholas Ngepah & Maxwell Chukwudi Udeagha, 2019. "Supplementary Trade Benefits of Multi-Memberships in African Regional Trade Agreements," Journal of African Business, Taylor & Francis Journals, vol. 20(4), pages 505-524, October.
    27. Johansen, Soren, 1991. "Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models," Econometrica, Econometric Society, vol. 59(6), pages 1551-1580, November.
    28. Maxwell Chukwudi Udeagha & Nicholas Ngepah, 2022. "Disaggregating the environmental effects of renewable and non-renewable energy consumption in South Africa: fresh evidence from the novel dynamic ARDL simulations approach," Economic Change and Restructuring, Springer, vol. 55(3), pages 1767-1814, August.
    29. Maxwell Chukwudi Udeagha & Marthinus Christoffel Breitenbach, 2023. "Exploring the moderating role of financial development in environmental Kuznets curve for South Africa: fresh evidence from the novel dynamic ARDL simulations approach," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-52, December.
    30. Florence Appiah-Twum & Xingle Long, 2023. "Human Capital, Trade Competitiveness and Environmental Efficiency Convergence Across Asia Pacific Countries," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 85(1), pages 109-132, May.
    31. Maxwell Chukwudi Udeagha & Nicholas Ngepah, 2020. "Trade liberalization and the geography of industries in South Africa: fresh evidence from a new measure," International Journal of Urban Sciences, Taylor & Francis Journals, vol. 24(3), pages 354-396, July.
    32. Maxwell Chukwudi Udeagha & Nicholas Ngepah, 2021. "The asymmetric effect of trade openness on economic growth in South Africa: a nonlinear ARDL approach," Economic Change and Restructuring, Springer, vol. 54(2), pages 491-540, May.
    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. Ahakwa, Isaac, 2024. "Towards land degradation neutrality: Does green energy and green human capital matter?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 197(C).
    2. Ahakwa, Isaac & Xu, Yi & Tackie, Evelyn Agba & Odai, Leslie Afotey & Sarpong, Francis Atta & Korankye, Benard & Ofori, Elvis Kwame, 2023. "Do natural resources and green technological innovation matter in addressing environmental degradation? Evidence from panel models robust to cross-sectional dependence and slope heterogeneity," Resources Policy, Elsevier, vol. 85(PB).
    3. Nketiah, Emmanuel & Song, Huaming & Adjei, Mavis & Obuobi, Bright & Adu-Gyamfi, Gibbson, 2024. "Assessing the influence of research and development, environmental policies, and green technology on ecological footprint for achieving environmental sustainability," Renewable and Sustainable Energy Reviews, Elsevier, vol. 199(C).

    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. Maxwell Chukwudi Udeagha & Marthinus Christoffel Breitenbach, 2024. "Investigating Financial Development and Its Direct and Indirect Environmental Effects in South Africa: Fresh Policy Insights," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 36(2), pages 428-495, April.
    2. Maxwell Chukwudi Udeagha & Nicholas Ngepah, 2022. "Dynamic ARDL Simulations Effects of Fiscal Decentralization, Green Technological Innovation, Trade Openness, and Institutional Quality on Environmental Sustainability: Evidence from South Africa," Sustainability, MDPI, vol. 14(16), pages 1-35, August.
    3. Maxwell Chukwudi Udeagha & Edwin Muchapondwa, 2023. "Environmental sustainability in South Africa: Understanding the criticality of economic policy uncertainty, fiscal decentralization, and green innovation," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(3), pages 1638-1651, June.
    4. Hossain, Md. Emran & Islam, Md. Sayemul & Bandyopadhyay, Arunava & Awan, Ashar & Hossain, Mohammad Razib & Rej, Soumen, 2022. "Mexico at the crossroads of natural resource dependence and COP26 pledge: Does technological innovation help?," Resources Policy, Elsevier, vol. 77(C).
    5. Pata, Ugur Korkut & Ertugrul, Hasan Murat, 2023. "Do the Kyoto Protocol, geopolitical risks, human capital and natural resources affect the sustainability limit? A new environmental approach based on the LCC hypothesis," Resources Policy, Elsevier, vol. 81(C).
    6. Zhou, Runyu & Abbasi, Kashif Raza & Salem, Sultan & Almulhim, Abdulaziz.I. & Alvarado, Rafael, 2022. "Do natural resources, economic growth, human capital, and urbanization affect the ecological footprint? A modified dynamic ARDL and KRLS approach," Resources Policy, Elsevier, vol. 78(C).
    7. Erdogan, Sinan, 2024. "Linking green fiscal policy, energy, economic growth, population dynamics, and environmental degradation: Empirical evidence from Germany," Energy Policy, Elsevier, vol. 189(C).
    8. Pata, Ugur Korkut & Isik, Cem, 2021. "Determinants of the load capacity factor in China: A novel dynamic ARDL approach for ecological footprint accounting," Resources Policy, Elsevier, vol. 74(C).
    9. Maxwell Chukwudi Udeagha & Marthinus Christoffel Breitenbach, 2023. "The Role of Financial Development in Climate Change Mitigation: Fresh Policy Insights from South Africa," Biophysical Economics and Resource Quality, Springer, vol. 8(1), pages 1-34, March.
    10. Maxwell Chukwudi Udeagha & Nicholas Ngepah, 2022. "Disaggregating the environmental effects of renewable and non-renewable energy consumption in South Africa: fresh evidence from the novel dynamic ARDL simulations approach," Economic Change and Restructuring, Springer, vol. 55(3), pages 1767-1814, August.
    11. Maxwell Chukwudi Udeagha & Marthinus Christoffel Breitenbach, 2023. "The Role of Fiscal Decentralization in Limiting CO2 Emissions in South Africa," Biophysical Economics and Resource Quality, Springer, vol. 8(3), pages 1-30, September.
    12. Jahanger, Atif & Hossain, Mohammad Razib & Usman, Muhammad & Chukwuma Onwe, Joshua, 2023. "Recent scenario and nexus between natural resource dependence, energy use and pollution cycles in BRICS region: Does the mediating role of human capital exist?," Resources Policy, Elsevier, vol. 81(C).
    13. Abbasi, Kashif Raza & Adedoyin, Festus Fatai & Abbas, Jaffar & Hussain, Khadim, 2021. "The impact of energy depletion and renewable energy on CO2 emissions in Thailand: Fresh evidence from the novel dynamic ARDL simulation," Renewable Energy, Elsevier, vol. 180(C), pages 1439-1450.
    14. Pata, Ugur Korkut & Caglar, Abdullah Emre, 2021. "Investigating the EKC hypothesis with renewable energy consumption, human capital, globalization and trade openness for China: Evidence from augmented ARDL approach with a structural break," Energy, Elsevier, vol. 216(C).
    15. Hossain, Mohammad Razib & Rej, Soumen & Awan, Ashar & Bandyopadhyay, Arunava & Islam, Md Sayemul & Das, Narasingha & Hossain, Md Emran, 2023. "Natural resource dependency and environmental sustainability under N-shaped EKC: The curious case of India," Resources Policy, Elsevier, vol. 80(C).
    16. Koçak, Emrah & Önderol, Seyit & Khan, Kamran, 2021. "Structural change, modernization, total factor productivity, and natural resources sustainability: An assessment with quantile and non-quantile estimators," Resources Policy, Elsevier, vol. 74(C).
    17. Md. Shahiduzzaman & Khorshed Alam, 2014. "A reassessment of energy and GDP relationship: the case of Australia," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 16(2), pages 323-344, April.
    18. Maxwell Chukwudi Udeagha & Marthinus Christoffel Breitenbach, 2023. "Exploring the moderating role of financial development in environmental Kuznets curve for South Africa: fresh evidence from the novel dynamic ARDL simulations approach," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-52, December.
    19. Vaona, Andrea, 2012. "Granger non-causality tests between (non)renewable energy consumption and output in Italy since 1861: The (ir)relevance of structural breaks," Energy Policy, Elsevier, vol. 45(C), pages 226-236.
    20. Ahakwa, Isaac, 2024. "Towards land degradation neutrality: Does green energy and green human capital matter?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 197(C).

    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:enepol:v:176:y:2023:i:c:s030142152300099x. 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: http://www.elsevier.com/locate/enpol .

    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.