TITLE:
Impact of Household Consumption on Ecological Footprint in Nigeria
AUTHORS:
Chukwuebuka Jude CHIOBI, Ruth Tochukwu JOSEPH, Uzoamaka Angela CHIOBI, Ambrose Nnaemeka OMEJE (PhD),
DOI: 10.5110/77. 1084 Page: 87-116 Vol: 18 Issue: 10 Year: 2023
ABSTRACT
The authors investigate the impact of household consumption on ecological footprint in Nigeria. The researchers employ Ordinary Least Squares (OLS) estimation to assess the effect of household consumption on the ecological footprint in Nigeria using annual time series data from both World Bank Development Indicators and Global Footprint databases within 1990-2021 period. The researchers also investigated the causal link between household consumption and ecological footprint using the Granger Causality Test. Our findings clearly show that household consumption has both significant and positive effect statistically on ecological footprint in Nigeria. That is, a unit increase on household consumption will increase ecological footprint by 6.1% when other factors are well behaved. Furthermore, there is no causal link existing between household consumption and ecological footprint in Nigeria. The authors recommend that policies should be directed towards promoting sustainable consumption practices among households, and as well managing population explode through family planning.
Keywords:
Household consumption, Ecological footprint, OLS model, Nigeria
Received: 16 November 2023
Accepted: 04 December 2023
Published: 14 December 2023