GROWTH LIMITS: A CONCEPTUAL ANALYSIS FOR SUSTAINABLE DEVELOPMENT IN NIGERIA

Back to Page Authors: Oluwabunmi Opeyemi Adejumo

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Keywords: environment, growth, economic, sustainability

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Abstract: In the school of development thought, growth has been identified as a viable alternative to the challenge of poverty and economic backwardness. However, the ecologist have continuously challenged the growth position in relation to environmental degradation and depletion. It is against this background, this study examined the limits to growth in Nigeria beyond which there will be inimical consequences for the environment. Using time series data between 1970 and 2014, Chow estimates were used for growth threshold through breakpoint regression analysis. It was discovered that below the identified growth limit, there are currently significant negative impacts on the quality of the environment in Nigeria via economic growth. But beyond the growth limits, as against the ecologist perspective, it was discovered that if economic growth keeps pace with environmental policies and requirements, there were prospects for sustainability in the quality of the environment in the long-run.

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