Could the Environmental Daly Curve Hypothesis Be Validated for Less Industrialized Economies?: Testing the Relationship between Carbon Emissions and Economic Growth

Abstract

The theory of Environmental Daly Curve (EDC) hypothesis has received little attention from researchers and academicians. Coupled with limited literature and scare empirical studies, the current study aims to fill the research gap by statistically testing the EDC hypothesis for the relationship between carbon emissions and economic growth in less industrialized nations. The research approach is deductive; the research design is explanatory; while the research method is quantitative. The target population represents 155 nations across the globe. From this number, a sample of 75 countries with high air pollution constitute the sample size. The sample design is a purposive sampling method since the selected countries must meet certain criteria. The source of data is primarily secondary data. Data is gathered from World Bank through the database of World Development Indicators. The analysis method is an observation of cross sectional panel data over 31 years from 1990 to 2020. The statistical modeling methods (cross-sectional dependency test, panel unit root, panel cointegration, causality test, CCEMG, DOLS) are performed with the application of statistical software (Microsoft Excel, EViews, Stata).

Presenters

Francis Ayensu
Student, PhD, Jiangsu University, Jiangsu, China

Patterson Ansong Kissi
Chief Executive Officer, NAKISS P VENTURES, Ghana

Anthony Dawson Amoah
Relationship Manager, Customer Service, Universal Merchant Bank, Greater Accra, Ghana

Esther Owusu Baffoe
Regional Coordinator for Ghana School Feeding Programme, Ghana School Feeding Programme, Ministry of Gender, Children, & Social Protection, Ghana

David Kissi
Lecturer, School of Business, All Nations University, Eastern, Ghana

Ike Obeng
Teacher, Oyoko Methodist Senior High School, Ghana Education Service, Ghana

Details

Presentation Type

Paper Presentation in a Themed Session

Theme

2026 Special Focus—Unseen Unsustainability: Addressing Hidden Risks to Long-Term Wellbeing for All

KEYWORDS

ENVIRONMENTAL DALY CURVE, CARBON EMISSIONS, ECONOMIC GROWTH, LESS INDUSTRIALIZED ECONOMIES