Publications by authors named "Festus Victor Bekun"

Green growth is of great importance in terms of solving environmental problems and achieving sustainable development goals. However, the existing literature has not investigated how green growth affects environmental degradation and environmental sustainability variables. In light of this gap, this study aims to analyse the impact of green growth and institutional quality on CO emissions, ecological footprint and inverse load capacity factor in OECD countries by constructing three different models.

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Coal is crucial for economic progress but equally baneful to the environment. Thus, the coal consumption-environmental sustainability nexus attracted the attention of both policymakers and scholars. This study evaluates the coal consumption-environment nexus in developed and developing countries over the period 2000-2020.

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The transition to a low-carbon economy is imperative to reduce reliance on fossil fuels and mitigate pollution emissions. This preposition also aligns with the United Nations Sustainable Development Goals (SDGs-13), which highlight the climate change action. In this vein, Brazil has implemented the Decarbonization Credit (CBIOS) program to incentivize biofuel production and promote environmental sustainability through carbon credit emissions.

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Amidst increased concerns for global security and ecological balance, the intricate interconnectedness between terrorism and environmental sustainability has attracted significant attention in the existing literature. To this end, the present study explores the interaction among environmental degradation, terrorism, and foreign direct investments in 17 countries with the most terrorism antecedents over the 2002-2018 period through the Panel Fourier cointegration test and the Panel Fourier Toda-Yamamoto causality test. The present study also leverages recent and robust panel analysis for evidence-based results and inferences for policy formulation.

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The present study presents a retrospect into environmental Kuznets curve hypothesis (EKC). The EKC debate is dated over four decade long and worthy of empirical scrutiny. To this end, the present study leverages on over 200 previous studies curated from SCOPUS and Web of science (WOS) core collection database respectively.

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Given the recent rise in the adult obesity prevalence in the United States, the central and state-level governments and health agencies in the country are considering appropriate measures. Further motivation for this investigation stems from the United Nations Sustainable Development Goals (UNSDG-3, 8, and 13), that highlights the need for sustainable health for all, sustainable decent economic growth amidst environmental sustainability. Driven by this motivation, this study investigates the validity of Obesity Kuznets curve (OKC) in the United States over the experimental period of 1975-2016.

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Climate change (CC) is one of the greatest threats to human health, safety, and the environment. Given its current and future impacts, numerous studies have employed computational tools (e.g.

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South African economy is widely known to contribute significantly to the carbon emissions due to usage of heavy machinery and equipment involved in production process. This study examines the linkage among carbon emissions, export, gross domestic product, and urban population growth in South Africa. The study employs the Autoregressive Distributed Lag model to evaluate the linkage among outlined variables, using annual data from 1981 to 2021.

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The current study examines sustainable electricity consumption for economic growth in a small open and tourist economy. The energy-tourism nexus is evaluated for the relationship between sustainable electricity consumption and the international tourist arrival for the South African economy. The present study leverages on annual frequency data for South Africa from 1995 to 2019 for empirical analysis using the ARDL technique.

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A lot of attention has been paid to environmental pollution worldwide, due to the increase in anthropogenic activities. Massive investment in non-renewable energy options raises questions regarding environmental sustainability and how to maximize food and non-food output while still preserving a healthy ecosystem. To this end, the present study explores the three-way nexus between economic growth, CO emission, and agriculture-value added will accounting for other control variables across a balanced panel of selected African economies from 1997 to 2020.

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Background/objectives: Many economies are on the trajectory of alternative growth drivers other than conventional capital and labor. Access to credit facilities is a pertinent indicator of economic growth. In line with the United Nations Sustainable Development Goals (UNSDGs-8) agenda, the national goal for sustainable development for most economies and Arab economies is no exception.

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THe importance of the impact of natural resources on economic growth is an important issue with a long history in the energy and environment literature. It is seen that the studies conducted in this field are generally shaped by the "resource curse hypothesis," a hypothesis that highlights the trade-off between economic growth and resource abundance in the growth literature. However, the extant literature have presented inconclusive results.

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Market competition is becoming fiercer all around the world and countries pay considerable attention to their innovative-investment environment. Rapid global economic development and infinite resource extraction have damaged the environment and the harmful environmental effect has become increasingly significant. Thus, technological innovation occupies an important place in the discussion of developmental issues.

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Technological innovation and its paradigm, that is, the Fourth Industrial Revolution-4IR, have shown strong impact on income levels of adopters across the globe. To this end, this analysis examines the impact of bank funding and institutional quality on technological advancement. This study adds additional variables such as high-technology exports and foreign direct investment (FDI) as control variable.

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Global warming is a global menace mainly driven by human anthropogenic activities. There is a need for environmental sustainability amidst increased economic growth. To this end, this study draws motivation from the United Nations Sustainable Development Goals (UNSDGs) with special focus on climate change mitigation and ecological balance.

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The motivation for the current study stem from the United Nations Sustainable Development Goals (UN-SDGs) such as access to clean (SDG-7) and responsible energy consumption (SDG-12) and climate change mitigation (SDG-12). This chase for these goals is pertinent for sustainable economic growth and environmental sustainability. This becomes necessary given the global demand for energy which comes has it environmental consequences given anthropogenic effect.

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Agriculture, which serves as a lifeline for us, is unequivocally vital for an agriculture-dependent economy like Bangladesh, not only for its food supply but also because of its significant contribution towards achieving Sustainable Development Goals (SDGs) 1 and 2. However, in a third-world nation like Bangladesh, where farming practices largely circumvent the environmental consequences, raised our concern. In this milieu, this study is a novel attempt to explore the association between agricultural ecosystem and environmental degradation in Bangladesh using a long time spanning from 1972 to 2018.

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The preponderance of emerging economies confronts significant trade-offs between economic growth and environmental sustainability considerations, and Turkey is no exception. This study draws strength from the United Nations Sustainable Development Goals (UN-SDGs-7,11,12 & 13). To this end, the present study explores the role of the environmental Kuznets curve (EKC) hypothesis for the case of Turkey for annual frequency data from 1970 to 2020.

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Global emission statistics show that Africa is among the least carbon-emitting continents. However, the rising drive for economic growth amid urbanization and globalization in recent years has continued to attract the attention of policymakers to the attendant potential environmental risks. Hence, using robust empirical techniques, this study examines the impacts of increasing urbanization alongside its interactions with energy portfolios on environmental prospects of 15 selected African countries including the most urbanized and leading oil producers in the continent of Africa.

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The tourism industry is undoubtedly among the largest contributors to economic growth and employment generation in most economies of the world, and Africa is not an exception as outlined by World Tourism Organization (UNWTO). Thus, many countries in sub-Saharan Africa (SSA) are paying more attention to tourism development as alternative growth path to boost their economies. However, the tourism-induced growth is not void of its environmental issues.

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According to the United Nations World Tourism Organization (UNWTO), tourism sector ranks high in terms of her contribution to economic growth and employment opportunity generation in most economies. Several studies have been documented in the extant literature on the nexus between emission, tourism, and economic growth. However, the role of foreign direct investment that highlights either pollution haven or halo hypothesis and pivotal role of domestic credit to private sector in an environmental Kuznets curve (EKC) environment is lacking in the extant literature.

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Several studies have investigated the relationship between tourism, consumption of energy, globalization, and ecological footprint. However, the role of biocapacity alongside tourism development in environmental sustainability is yet to be documented in the extant literature. No doubt, the biocapacity of a country, its level of tourist's arrival, as well as globalization all contribute immensely to ecological footprint.

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