Browsing by Author "Adedoyin, Festus Fatai"
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The alternative energy utilization and common regional trade outlook in EU-27: Evidence from common correlated effects
Adedoyin, Festus Fatai; Alola, Andrew Adewale; Bekun, Festus Victor (PERGAMON-ELSEVIER SCIENCE LTD, THE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, ENGLAND, 2021)The role of low-carbon energy and trade on the environment has drawn several studies that have looked at issues from different perspectives, thus yielding differing conclusions. Considering the current emphasis on the ... -
The anthropogenic consequences of energy consumption in E7 economies: Juxtaposing roles of renewable, coal, nuclear, oil and gas energy: Evidence from panel quantile method
Gyamfi, Bright Akwasi; Adedoyin, Festus Fatai; Bein, Murad A.; Bekun, Festus Victor; Agozie, Divine Q. (ELSEVIER SCI LTD, THE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, OXON, ENGLAND, 2021)The emerging industrialized seven (E7) economies are not excluded from the global warming issues which is a major problem for most economies. The E7 member countries have partaken in policies to mitigate against global ... -
An assessment of environmental sustainability corridor: The role of economic expansion and research and development in EU countries
Adedoyin, Festus Fatai; Alola, Andrew Adewale; Bekun, Festus Victor (ELSEVIER, RADARWEG 29, 1043 NX AMSTERDAM, NETHERLANDS, 2020)Given that the European Union-28 countries proposed a target of 3% of the Gross Domestic Product on research and development (R&D) expenditure by 2020, the current study attempts to examine the role of R&D on environmental ... -
The asymmetric impact of air transport on economic growth in Spain: fresh evidence from the tourism-led growth hypothesis
Balsalobre-Lorente, Daniel; Driha, Oana Madalina; Bekun, Festus Victor; Adedoyin, Festus Fatai (ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD, 2-4 PARK SQUARE, MILTON PARK, ABINGDON OX14 4RN, OXON, ENGLAND, 2021)The tourism sector has emerged as an essential driver for economic growth strategies during the last decades. An asymmetric long-run effect of air transport on economic growth is validated assuming a process of social ... -
Consequences of COVID-19 on the social isolation of the Chinese economy: accounting for the role of reduction in carbon emissions
Balsalobre-Lorente, Daniel; Driha, Oana M.; Bekun, Festus Victor; Sinha, Avik; Adedoyin, Festus Fatai (SPRINGER, VAN GODEWIJCKSTRAAT 30, 3311 GZ DORDRECHT, NETHERLANDS, 2020)The main contribution of the present study to the energy literature is to explore the relationship between economic growth and pollution emission amidst globalization. In contrast to the existing studies, this research ... -
Designing policy framework for sustainable development in Next-5 largest economies amidst energy consumption and key macroeconomic indicators
Bekun, Festus Victor; Adedoyin, Festus Fatai; Balsalobre-Lorente, Daniel; Driha, Oana M. (SPRINGER HEIDELBERG, TIERGARTENSTRASSE 17, D-69121 HEIDELBERG, GERMANY, 2022)Global travel and tourism have enjoyed a signifcant boost due to the progress in air transport. However, the debate on air transport and the infux of foreign investments and global energy demand on economic development ... -
Does agricultural development induce environmental pollution in E7? A myth or reality
Adedoyin, Festus Fatai; Bein, Murad A.; Gyamfi, Bright Akwasi; Bekun, Festus Victor (SPRINGER HEIDELBERG, TIERGARTENSTRASSE 17, D-69121 HEIDELBERG, GERMANY, 2021)Environmental degradation caused by various human activities has been a subject of attention over the globe. There is a concern on how to maintain a clean environment and at the same time achieve optimum production of ... -
Does globalization in Turkey induce increased energy consumption: insights into its environmental pros and cons
Etokakpan, Mfonobong Udom; Adedoyin, Festus Fatai; Yorucu, Vedat; Bekun, Festus Victor (SPRINGER HEIDELBERG, TIERGARTENSTRASSE 17, D-69121 HEIDELBERG, GERMANY, 2020)Globalization is the paradigm shift to a more integrated world economy broadly shaping economies and societies around the globe. The wave of globalization is much more eminent on its impact on increased energy demand, ... -
Does life expectancy, death rate and public health expenditure matter in sustaining economic growth under COVID-19: Empirical evidence from Nigeria?
Alhassan, Gloria Nnadwa; Adedoyin, Festus Fatai; Bekun, Festus Victor; Agabo, Terhemen Justine (WILEY, 111 RIVER ST, HOBOKEN 07030-5774, NJ, 2021)The current health pandemic that has plagued the global of which the global southNigeria is not insulated from is the premise for this empirical investigation. The present study relies on recent annual time-series data to ... -
The effect of energy consumption on the environment in the OECD countries: economic policy uncertainty perspectives
Zakari, Abdulrasheed; Adedoyin, Festus Fatai; Bekun, Festus Victor (SPRINGER HEIDELBERG, TIERGARTENSTRASSE 17, D-69121 HEIDELBERG, GERMANY, 2021)In this paper, we investigate the impact of energy use and economic policy uncertainties on the environment. To achieve this objective, we use the pooled mean group-autoregressive distributed lag methodology (PMG-ARDL) ... -
Environmental consequences of economic complexities in the EU amidst a booming tourism industry: Accounting for the role of brexit and other crisis events
Adedoyin, Festus Fatai; Agboola, Phillips O.; Öztürk, İlhan; Bekun, Festus Victor; Agboola, Mary Oluwatoyin (ELSEVIER SCI LTD, THE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, OXON, ENGLAND, 2021)The European Union (EU) is one of the strongest, but most complex unions in the world with a competitive tourism industry. The aim of this study, therefore, is to account for economic complexity index (ECI), Brexit and ... -
Environmental degradation, energy consumption and sustainable development: Accounting for the role of economic complexities with evidence from World Bank income clusters
Adedoyin, Festus Fatai; Nwulu, Nnamdi; Bekun, Festus Victor (WILEY, 111 RIVER ST, HOBOKEN 07030-5774, NJ, 2021)The anthropogenic consequences of renewable and non-renewable energy consumption, economic growth, and air transport have been assessed enormously in the literature. However, given the complexities in many economies of ... -
Environmental implications of N-shaped environmental Kuznets curve for E7 countries
Gyamfi, Bright Akwasi; Adedoyin, Festus Fatai; Bein, Murad A.; Bekun, Festus Victor (SPRINGER HEIDELBERG, TIERGARTENSTRASSE 17, D-69121 HEIDELBERG, GERMANY, 2021)The environmental Kuznets curve (EKC) hypothesis is of great importance to understanding the relationship between economic activity and environmental degradation. Given the current wave of climate change and environmental ... -
Exploring the tourism-CO2 emissions-real income nexus in E7 countries: accounting for the role of institutional quality
Bekun, Festus Victor; Adedoyin, Festus Fatai; Etokakpan, Mfonobong Udom; Gyamfi, Bright Akwasi (ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD, 2-4 PARK SQUARE, MILTON PARK, ABINGDON OX14 4RN, OXON, ENGLAND, 2022)The purpose of this study is to explore the long-run and causality relationship between tourism development and the real income level in an environmental Kuznets Curve (EKC) framework for emerging industrialised economies ... -
The export-led growth in Malaysia: Does economic policy uncertainty and geopolitical risks matter?
Adedoyin, Festus Fatai; Afolabi, Joseph Olarewaju; Yalçiner, Kürşat; Bekun, Festus Victor (WILEY, 111 RIVER ST, HOBOKEN 07030-5774, NJ, 2022)In spite of the fact that the connection between exports of goods and services and economic growth has for quite some time been talked about, the examination of the relationship in light of recent global events such as ... -
Glasgow climate change conference (COP26) and its implications in sub-Sahara Africa economies
Adedoyin, Festus Fatai; Bekun, Festus Victor; Hossain, Md. Emran; Ofori, Elvis Kwame; Gyamfi, Bright Akwasi; Haseki, Murat İsmet (PERGAMON-ELSEVIER SCIENCE LTD, THE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, ENGLAND, 2023)Alternative energy has been hailed as a feasible resolution to the environmental degradation and energy problems that have plagued Sub-Saharan Africa (SSA) recently. The expansion of the clean energy sector, on the other ... -
Growth impact of transition from non-renewable to renewable energy in the EU: The role of research and development expenditure
Adedoyin, Festus Fatai; Bekun, Festus Victor; Alola, Andrew Adewale (PERGAMON-ELSEVIER SCIENCE LTD, THE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, ENGLAND, 2020)In recent times, physical-capital investment has been outweighed by research and development expenditure in terms of their growth impact. However, how such expenditure affect economic expansion in the presence of energy ... -
How does institutional quality moderates the impact of tourism on economic growth? Startling evidence from high earners and tourism-dependent economies
Adedoyin, Festus Fatai; Erum, Naila; Bekun, Festus Victor (SAGE PUBLICATIONS LTD, 1 OLIVERS YARD, 55 CITY ROAD, LONDON EC1Y 1SP, ENGLAND, 2021)Over the years, policymakers in tourism-reliant economies have been saddled with the mandate to not only accelerate economic growth but also increase the living standards of domestic citizens. Tourism development has ... -
The implications of renewable and non-renewable energy generating in Sub-Saharan Africa: The role of economic policy uncertainties
Adedoyin, Festus Fatai; Öztürk, İlhan; Agboola, Mary Oluwatoyin; Agboola, Phillips O.; Bekun, Festus Victor (ELSEVIER SCI LTD, THE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, OXON, ENGLAND, 2021)Sub-Saharan Africa which is one of the main regions known for various sources of mineral and energy resources in the global market has experienced appreciable rates of economic expansion in the last 10 years. However, apart ... -
An Investigation into the Role of Tourism Growth, Conventional Energy Consumption and Real Income on Ecological Footprint Nexus in France
Tarkang Mary, Magdaline Enow Mbi; Adedoyin, Festus Fatai; Bekun, Festus Victor (DIPONEGORO UNIV, DEPT MARINE SCI, SEMARANG 00000, INDONESIA, 2023)Previously documented studies in the literature on how tourism leads to economic growth in the form of tourism-led growth hypotheses (TLGH) has been investigated. This study presents a new perspective on the growth of ...