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Assessment of the role of renewable energy consumption and trade policy on environmental degradation using innovation accounting: Evidence from the US
Usman, Ojonugwa; Alola, Andrew Adewale; Sarkodie, Samuel Asumadu (PERGAMON-ELSEVIER SCIENCE LTD, THE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, ENGLAND, 2020)Renewable energy technologies are promising, yet, very little is known about its role as a limiting factor in fossil fuel-attributable environmental degradation - especially in high-income countries. This study investigated ... -
Asymmetric effect of environmental cost of forest rents in the Guinean forest-savanna mosaic: The Nigerian experience
Usman, Ojonugwa; Alola, Andrew Adewale; Usman, Monday; Uzuner, Gizem (SPRINGER HEIDELBERG, TIERGARTENSTRASSE 17, D-69121 HEIDELBERG, GERMANY, 2023)Several studies have identifed deforestation as a major cause of environmental degradation, but little is known about the asymmetric efect of the environmental cost of forest rents. To fll this gap, our study uses the ... -
Democracy and tourism demand in European countries: does environmental performance matter?
Usman, Ojonugwa; Bekun, Festus Victor; Ike, George Nwokike (SPRINGER HEIDELBERG, TIERGARTENSTRASSE 17, D-69121 HEIDELBERG, GERMANY, 2020)Recently, empirical studies revealed that democracy is positively associated with environmental quality through the freedom gained by the people to demand environmental protection. In this paper, we explore empirical ... -
Domestic material consumption and greenhouse gas emissions in the EU-28 countries: Implications for environmental sustainability targets
Alola, Andrew Adewale; Akadiri, Seyi Saint; Usman, Ojonugwa (WILEY, 111 RIVER ST, HOBOKEN 07030-5774, NJ, 2021)In spite of the achievements of the European Union (EU) member countries with respect to the sustainable development goals (SDGs) 2030 targets, the member countries have reportedly under-performed in a specific drive ... -
Effects of domestic material consumption, renewable energy, and financial development on environmental sustainability in the EU-28: Evidence from a GMM panel-VAR
Usman, Ojonugwa; Alola, Andrew Adewale; Akadiri, Seyi Saint (PERGAMON-ELSEVIER SCIENCE LTD, THE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, ENGLAND, 2022)Despite the high commitments of the European Union (EU) member countries toward achieving the sustainable development goals (SDGs), on average, the region has reportedly under performed in the area of ensuring sustainable ... -
Energy mix outlook and the EKC hypothesis in BRICS countries: a perspective of economic freedom vs. economic growth
Akadiri, Seyi Saint; Alola, Andrew Adewale; Usman, Ojonugwa (SPRINGER HEIDELBERG, TIERGARTENSTRASSE 17, D-69121 HEIDELBERG, GERMANY, 2021)This study attempts to unveil an additional dimension to economic freedom within the framework of the environmental Kuznet curve (EKC) hypothesis using the panel data for BRICS (Brazil, Russia, India, China, and South ... -
Environmental quality effects of income, energy prices and trade: The role of renewable energy consumption in G-7 countries
Ike, George N.; Usman, Ojonugwa; Alola, Andrew Adewale; Sarkodie, Samuel Asumadu (ELSEVIER, RADARWEG 29, 1043 NX AMSTERDAM, NETHERLANDS, 2020)Renewable energy plays a vital role in achieving environmental sustainability, however, the mitigating effect varies across countries depending on the share of renewables in the energy mix. Herein, we analyze the effect ... -
An examination of the pass-through of disaggregated energy prices to real house price: Evidence from the United States
Uzuner, Gizem; Usman, Ojonugwa; Alola, Andrew Adewale (WILEY, 111 RIVER ST, HOBOKEN 07030-5774, NJ, 2021)Our study investigates the dynamic pass-through of energy prices (crude oil price, electricity price, natural gas price, and coal price) to real house price in the United States using the data from 1970 to 2017. Based ... -
Examining the Interaction Effect of Control of Corruption and Income Level on Environmental Quality in Africa
Usman, Ojonugwa; Iorember, Paul Terhemba; Öztürk, İlhan; Bekun, Festus Victor (MDPI, ST ALBAN-ANLAGE 66, CH-4052 BASEL, SWITZERLAND, 2022)The effects of corruption and income on environmental degradation is well established in the literature. However, little attention has been given to how the control of corruption affects the environmental quality at ... -
Is pass-through of the exchange rate to restaurant and hotel prices asymmetric in the US? Role of monetary policy uncertainty
Alola, Uju Violet; Usman, Ojonugwa; Alola, Andrew Adewale (SPRINGER, ONE NEW YORK PLAZA, SUITE 4600 , NEW YORK, NY 10004, UNITED STATES, 2023)This study examines the exchange rate pass-through to the United States (US) restaurant and hotel prices by incorporating the effect of monetary policy uncertainty over the period 2001:M12 to 2019:M01. Using the nonlinear ...