1. AGU OKORO AGU - Department of Business Management, Evangel University Akaeze Ebonyi State.
2. REJOICE EBERE OKOCHA - Department of Marketing, Evangel University Akaeze Ebonyi State.
3. HAPPINESS OZIOMA OBI-ANIKE - Department of Management, University of Nigeria, Enugu Campus.
4. KINGSLEY NDUBUISI ANYANWU - Department of Management, Kingsley Ozumba Mbadiwe University Ogboko, Ideota South Imo State,
Nigeria.
5. EUCHARIA ADAEZE EKWOCHI - Business Administration Department, Faculty of Management Sciences, Enugu State University of
Sciences and Technology, Enugu.
This study employs the ARDL (Autoregressive Distributed Lag) framework to investigate the long-run and short-run relationships among key variables in a model. The findings from the ARDL analysis are presented, focusing on the estimated coefficients and their associated t-statistics. The long-run estimates reveal that changes in the lagged values of CO2, Transport services (% of commercial service exports), and Trade (% of GDP) significantly influence current CO2 emissions. However, the effect of the lagged value of Urban Population (% of total population) is found to be statistically insignificant. In the short run, the changes in Trade (% of GDP) and Urban Population (% of total population) do not exhibit significant relationships with changes in CO2 emissions. Nevertheless, the lagged change in Urban Population (% of total population) demonstrates a statistically significant impact on the current change in CO2 emissions. These findings provide insights into the complex dynamics between the variables and contribute to a better understanding of the factors affecting CO2 emissions and urbanization. They have implications for policymakers and researchers in formulating strategies to mitigate CO2 emissions and manage urban development sustainably.
Transportation services; Environmental sustainability; CO2 emissions; ARDL.