{"title":"面对撒哈拉以南非洲自然资源枯竭的透明度和全球倡议","authors":"S. Adebanjo, Olugbode Morufu Adeoye","doi":"10.56556/jescae.v1i2.13","DOIUrl":null,"url":null,"abstract":"This research focuses on Natural Resource Depletion in Sub-Saharan Africa, as well as ways to overcome it, with a particular focus on the role of transparency in Sub-Saharan Africa (SSA). The transparency initiative is a global initiative aimed at eradicating corruption, ensuring accountability, and assisting participating countries in developing quality budgets that will ensure a good standard of living for their citizens now and in the future. Hausman test was applied and a fixed panel regression model was specified which reveals that there is a significant relationship between GDP per capita, inflation, the EITI dummy, and the transparency indicator is established using a panel regression model. The results show that the model fits the data well and can be used to forecast future economic growth in SSA countries that participate in the EITI scheme. The fixed-effect model also shows that the Transparency indicators such as voice and accountability, and corruption have a positive significant impact on the economic growth of the 10 SSA countries under consideration, indicating that transparency is a critical factor in determining good economic performance. Meanwhile, diagnostic tests such as normality test was performed, with satisfactory results, indicating that the model is very robust and reliable. Meanwhile, inflation have positive significant impact while natural resources show a negative significant influence on the economic growth of all the 10 Sub-Saharan Africa (SSA) in the EITI scheme which can be attributed to the natural economic depletion. Then, using correlation analysis, it was discovered that there is a strong link between transparency indicators (voice and accountability, corruption as well as quality of budget, and fiscal management) and economic growth. This suggests that the greater the transparency, the more natural resource constraints will be overcome, and SSA countries participating in the EITI scheme will achieve greater economic performance.","PeriodicalId":53187,"journal":{"name":"Journal of Environmental Science and Economics","volume":"24 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2022-03-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"7","resultStr":"{\"title\":\"Transparency and Global Initiatives in the Face of Natural Resource Depletion in Sub-Saharan Africa\",\"authors\":\"S. Adebanjo, Olugbode Morufu Adeoye\",\"doi\":\"10.56556/jescae.v1i2.13\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This research focuses on Natural Resource Depletion in Sub-Saharan Africa, as well as ways to overcome it, with a particular focus on the role of transparency in Sub-Saharan Africa (SSA). The transparency initiative is a global initiative aimed at eradicating corruption, ensuring accountability, and assisting participating countries in developing quality budgets that will ensure a good standard of living for their citizens now and in the future. Hausman test was applied and a fixed panel regression model was specified which reveals that there is a significant relationship between GDP per capita, inflation, the EITI dummy, and the transparency indicator is established using a panel regression model. The results show that the model fits the data well and can be used to forecast future economic growth in SSA countries that participate in the EITI scheme. The fixed-effect model also shows that the Transparency indicators such as voice and accountability, and corruption have a positive significant impact on the economic growth of the 10 SSA countries under consideration, indicating that transparency is a critical factor in determining good economic performance. Meanwhile, diagnostic tests such as normality test was performed, with satisfactory results, indicating that the model is very robust and reliable. Meanwhile, inflation have positive significant impact while natural resources show a negative significant influence on the economic growth of all the 10 Sub-Saharan Africa (SSA) in the EITI scheme which can be attributed to the natural economic depletion. Then, using correlation analysis, it was discovered that there is a strong link between transparency indicators (voice and accountability, corruption as well as quality of budget, and fiscal management) and economic growth. This suggests that the greater the transparency, the more natural resource constraints will be overcome, and SSA countries participating in the EITI scheme will achieve greater economic performance.\",\"PeriodicalId\":53187,\"journal\":{\"name\":\"Journal of Environmental Science and Economics\",\"volume\":\"24 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2022-03-22\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"7\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Environmental Science and Economics\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.56556/jescae.v1i2.13\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Environmental Science and Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.56556/jescae.v1i2.13","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Transparency and Global Initiatives in the Face of Natural Resource Depletion in Sub-Saharan Africa
This research focuses on Natural Resource Depletion in Sub-Saharan Africa, as well as ways to overcome it, with a particular focus on the role of transparency in Sub-Saharan Africa (SSA). The transparency initiative is a global initiative aimed at eradicating corruption, ensuring accountability, and assisting participating countries in developing quality budgets that will ensure a good standard of living for their citizens now and in the future. Hausman test was applied and a fixed panel regression model was specified which reveals that there is a significant relationship between GDP per capita, inflation, the EITI dummy, and the transparency indicator is established using a panel regression model. The results show that the model fits the data well and can be used to forecast future economic growth in SSA countries that participate in the EITI scheme. The fixed-effect model also shows that the Transparency indicators such as voice and accountability, and corruption have a positive significant impact on the economic growth of the 10 SSA countries under consideration, indicating that transparency is a critical factor in determining good economic performance. Meanwhile, diagnostic tests such as normality test was performed, with satisfactory results, indicating that the model is very robust and reliable. Meanwhile, inflation have positive significant impact while natural resources show a negative significant influence on the economic growth of all the 10 Sub-Saharan Africa (SSA) in the EITI scheme which can be attributed to the natural economic depletion. Then, using correlation analysis, it was discovered that there is a strong link between transparency indicators (voice and accountability, corruption as well as quality of budget, and fiscal management) and economic growth. This suggests that the greater the transparency, the more natural resource constraints will be overcome, and SSA countries participating in the EITI scheme will achieve greater economic performance.
期刊介绍:
Journal of environmental science and economics (JESCAE), ISSN: 2832-6032 is an open access peer-reviewed journal that considers articles and reviews articles on all aspects of environmental economics.
Aim and Scope
Journal of Environmental Science and Economics is an international scholarly refereed research journal that aims to promote the theory and practice of environmental economics, Sustainability research, technological innovation, and economics. A broad outline of the journal''s scope includes; peer-reviewed original research articles, case, and technical reports, reviews and analyses papers, short communications and notes to the editor, in interdisciplinary information on the practice and status of research in environmental science, sustainability, technological innovations, and economics.
The main aspects of research areas include, but are not limited to; Environmental pollution control and abatement technology, Sustainable and economic Development, sustainable consumption and Sustainability, Environmental and sustainability assessment, transport and fate of pollutants in the environment, concentrations and dispersion of wastes in air, water, and non-point sources pollution, atmospheric pollutants and trace gases, environmental impact assessment, industrial ecology, ecological and human risk assessment; improved energy management and auditing efficiency and environmental standards and criteria.