Endogenous Growth and Environmental Kuznets Curve: Lessons from FDI Impact on Economic Growth in Sub-Saharan Africa

• DOI: 10.20414/jed.v6i3.9908
• Publication Date: 2024-09-01T01:47:20Z
• Authors: Joseph Asante Dar...; David Boohene; David Oyekunle; Faikai Dorley; Patrick Gbolonyo
• Keywords: Kuznets Curve; Endogenous growth theory

Purpose: This study aims to determine the influence of Foreign Direct Investments (FDI) on economic growth in Sub-Saharan Africa (SSA). It examines endogenous theory and Environmental Kuznets Curve (EKC) theory, how they relate regional data.Method: Using panel quantile autoregression models, this explores relationship between FDI inflows into SSA with energy consumption, carbon emissions, growth. The is based data from 1975 2018.Result: findings conclusively demonstrate that foreign direct investment has a significant impact region. Furthermore, reveals consumption emissions have consistently increased throughout period, being identified as primary driver trend. These are consistent hypothesis, well which suggests operations can negative consequences host environment.Practical Implications for Economic Growth Development: should manage carefully balance environmental sustainability by promoting green investments creating an investment-friendly environment.