TY - JOUR T1 - Does the Level of Economic Growth Influence Environmental Quality in Nigeria: A Test of Environmental Kuznets Curve (EKC) Hypothesis? AU - Bello, Ajide Kazeem AU - Abimbola, Oyinlola Mutiu JO - Pakistan Journal of Social Sciences VL - 7 IS - 4 SP - 325 EP - 329 PY - 2010 DA - 2001/08/19 SN - 1683-8831 DO - pjssci.2010.325.329 UR - https://makhillpublications.co/view-article.php?doi=pjssci.2010.325.329 KW - Environmental kuznets curves KW -economic growth KW -carbon emissions KW -financial development KW -enviromental quality KW -hypothesis AB - This study presents evidence that carbon emission in Nigeria is not driven by economic growth; rather, it is influenced by financial developments. We find a statistically significant negative impact of FDI stock on per capita CO2 in Nigeria during 1980-2008. The other financial developments indicator, the stock value traded, has a significant and positive impact on carbon emissions. In addition, the results show the non-existence of the inverted-U Environmental Kuznets Curve in Nigeria, judging by the signs and significance of the coefficients of per capita growth and its square. ER -