Impact of Political Stability and Globalization on Environmental Quality in Oil-Producing and Non-Oil Producing African Countries
Abstract
In this study, we use the panel cointegration and causality tests to investigate the impact of political stability (PS) and globalization on environmental quality (EQ) in oil-producing and non-oil-producing African countries from 2002 to 2022. The panel causality test results indicate that, in both oil-producing and non-oil-producing countries, there is short-term causality only between globalization and EQ but long-term causality between PS and globalization and EQ overall. Interestingly, in non-commodity-producing countries, short-run imbalances are eliminated in a much shorter period of time. According to the panel estimators, globalization has a greater impact on EQ than PS in both country groups. Oil-producing countries fail to reap the expected benefits from commodity revenues. In conclusion, since nation-states are insufficient in solving complex socio-economic problems, sharing public sovereignty will help to solve existing problems.
Fields of Study & Subjects
Energy
Environment
Economic Growth
Natural Resources and Economic Development
Economic Growth and Development
Publication details
- Journal / source
- İzmir İktisat Dergisi
- Volume
- 41
- Issue
- 1
- Pages
- 306–326
- Publication date
- 6 March 2026
- Language
- TR