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Beyond the environmental Kuznets Curve in E7 economies: Accounting for the combined impacts of institutional quality and renewables
Bekun, Festus Victor; Gyamfi, Bright Akwasi; Onifade, Stephen Taiwo; Agboola, Mary Oluwatoyin (ELSEVIER SCI LTD, THE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, OXON, ENGLAND, 2021)This study explores the applicability of conventional environmental Kuznets curve (EKC) with an extension for the case of emerging industrialized economies, comprised of China, India, Brazil, Mexico, Russia, Indonesia, ... -
The criticality of growth, urbanization, electricity and fossil fuel consumption to environment sustainability in Africa
Asongu, Simplice A.; Agboola, Mary Oluwatoyin; Alola, Andrew Adewale; Bekun, Festus Victor (ELSEVIER, RADARWEG 29, 1043 NX AMSTERDAM, NETHERLANDS, 2020)While most African economies are primarily sandwiched with the seemingly unsurmountable task of attaining consistent economic growth and unhindered energy supply, the enormous threat posed by environmental degradation has ... -
Does the twin growth catalyst of oil rent seeking and agriculture exhibit complementary or substitute role? New perspective from a West African country
Osundina, Olawumi Abeni; Bekun, Festus Victor; Kırıkkaleli, Derviş; Agboola, Mary Oluwatoyin (SPRINGER HEIDELBERG, TIERGARTENSTRASSE 17, D-69121 HEIDELBERG, GERMANY, 2019)Over the last 3 decades, oil rent seeking has emerged to be a key driver of most economies around the globe. Prior to the oil boom, agriculture remain main stay of most economies especially developing economies. This ... -
The energy mix-environmental aspects of income and economic freedom in Hong Kong: cointegration and frequency domain causality evidence
Agboola, Mary Oluwatoyin; Alola, Andrew Adewale (ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD, 2-4 PARK SQUARE, MILTON PARK, ABINGDON OX14 4RN, OXON, ENGLAND, 2023)Since the inception of the quantification or qualification of global economic freedom, there has been increasing drive and competition towards for better financial freedom among the global economies. However, balancing ... -
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 ... -
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 ... -
Implications of Social Isolation in Combating COVID-19 Outbreak in Kingdom of Saudi Arabia: Its Consequences on the Carbon Emissions Reduction
Agboola, Mary Oluwatoyin; Bekun, Festus Victor; Balsalobre-Lorente, Daniel (MDPI, ST ALBAN-ANLAGE 66, CH-4052 BASEL, SWITZERLAND, 2021)The aftermath of the COVID-19 pandemic has two striking impacts on the economy of the Kingdom of Saudi Arabia. First, the economic contraction of business and economic activities. Second, the effect of oil prices dropping ... -
Pathway to environmental sustainability: Nexus between economic growth, energy consumption, CO2 emission, oil rent and total natural resources rent in Saudi Arabia
Agboola, Mary Oluwatoyin; Bekun, Festus Victor; Joshua, Udi (ELSEVIER SCI LTD, THE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, OXON, ENGLAND, 2021)This study aims to empirically explore the long-run and causality relationship between energy consumption, oil rent, total natural resources rent, economic growth, and CO2 emission for a top oil-exporting country ... -
Renewable and non-renewable energy policy simulations for abating emissions in a complex economy: Evidence from the novel dynamic ARDL
Adedoyin, Festus Fatai; Öztürk, İlhan; Bekun, Festus Victor; Agboola, Phillips O.; Agboola, Mary Oluwatoyin (PERGAMON-ELSEVIER SCIENCE LTD, THE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, ENGLAND, 2021)According to the Economic Complexity Index, Japan was the number 1 most complex economy in the world. In addition to complexity, Japan pledges to reduce emissions by boosting cleaner energy sources. This study simulates ... -
Revisiting the economic growth and agriculture nexus in Nigeria: Evidence from asymmetric cointegration and frequency domain causality approaches
Agboola, Mary Oluwatoyin; Bekun, Festus Victor; Osundina, Olawumi Abeni; Kırıkkaleli, Derviş (WILEY, 111 RIVER ST, HOBOKEN 07030-5774, NJ, 2022)The contribution of different agricultural subsectors to economic growth in Nigeria is investigated and further suggests policy implications for investing in each of these subsectors. To this end, Johansen cointegration ...