The present era faces adverse effects of the strides recorded in economic advancements of the prior generations thus leading the present generation to growth dilemma. Consequently, there is a conscientious consideration for the ecological effects of economic growth. To resolve the preceding issue, due consideration must be given to harmless growth of which eco-digitalization, green financing, green technology, energy transition, and regularity quality are key determinants.
View Article and Find Full Text PDFThe unrelenting surge in global warming in the current era suggests the inevitable need for governments across the globe to embark on policy measures that will help flatten the curve of the surging emissions. Consequently, the concept of carbon neutrality has become a vital policy approach for countries to achieve sustainable development. The present study extends the debates on carbon neutrality by examining the extent to which prominent factors such as natural resource dependence, eco-innovation, and green energy (biofuel and renewable energy) facilitate or hinder strides toward achieving carbon neutral environment in G7 economies.
View Article and Find Full Text PDFGlobal warming remains the most devastating environmental issue embattling the global economies, with significant contributions emanating from CO emissions. The continued rise in the level of greenhouse gas (GHG) emissions serves as a compelling force which constitutes the core of discussion at the recent COP26 prompting nations to commit to the net-zero emission target. The current research presents the first empirical investigation on the roles of technological advancement, demographic mobility, and energy transition in G7 pathways to environmental sustainability captured by CO emissions per capita (PCCO2) from 2000 to 2019.
View Article and Find Full Text PDFInt J Environ Res Public Health
November 2022
Are "economic bads" of infectious diseases and "economic goods" of foreign direct investment antagonistic to each other? This is the salient question that this research inquiry unravels for 34 African economies from 2000 to 2017. The empirical evidence revealed the following through a generalized method of moments (SGMM) inter alia: First, the mitigating roles of infectious diseases, such as malaria, HIV prevalence rate and AIDS, on global FDI inflows are unconditionally certified from a statistical and economic sense. Second, the diminishing influences of other confounders, such as low per capita GDP, shallow financial development, excruciating inflationary trend, and natural resource rents curse, are empirically endorsed, on the one hand, while the persistent nature of FDI and trade openness as boosting mechanisms for FDI are unambiguously applauded, on the other hand.
View Article and Find Full Text PDFThe current paper assessed the time-frequency analysis interrelationship between CO emissions and financial development, economic growth, renewable energy use, structural change, and non-renewable energy use in Sweden. We utilized a quarterly dataset stretching from 1980-2019. In order to unlock these interrelationships, we leverage wavelet tools (wavelet-based Granger causality and wavelet coherence).
View Article and Find Full Text PDFThe present generation is witnessing the most devastating effects of global warming far beyond what was evident in the pre-industrial era. To forestall further ecosystem destruction, nations are working assiduously toward achieving sustainable global environment in decades to come, specifically by 2050. This ambitious goal prompts the convergence of countries in the last climate conference tagged COP26 which provides the roadmap to global sustainability.
View Article and Find Full Text PDFEnviron Sci Pollut Res Int
December 2022
The growing concerns on the need to moderate the unceasing surge in global greenhouse gas (GHG) emissions believed to be detrimental to the environment and wellbeing of the human race have generated concerted efforts from governments and policymakers worldwide. Among many other factors, fossil fuels which remain the most consumed energy resource have been identified as the primary culprit to demeaning life expectancy. To this end, this study probes how income mediates between fossil fuels and carbon emissions to promote life expectancy in selected oil-abundant African economies from 1980 to 2019.
View Article and Find Full Text PDFThe need to halt the pervasive issue of global warming has triggered commitments from policymakers, international organizations, and research pundits with an ambitious goal of neutralizing carbon emissions, forming the core of COP26 in November 2021. Consequently, the carbon neutrality agenda is globally debated in the environment and economic growth literature. Given the preceding narratives, this study examines the tripartite effects of energy consumption, resource dependence, and trade openness on carbon neutrality in G20 economies from 2001 to 2019.
View Article and Find Full Text PDFEnviron Sci Pollut Res Int
January 2022
This study probes the environmental consequences of income inequality (INQ) in G7 economies from 1971 to 2015. INQ is captured by four indicators comprising GINI coefficients, Palma ratio, Theil index, and Atkinson index on per capita carbon emission as a proxy for environmental degradation using both fully modified OLS (FM-OLS) and dynamic OLS (D-OLS). The empirical data are subjected to pre-test using cross-sectional dependence (CSD) test and panel unit root and panel cointegration tests.
View Article and Find Full Text PDFThis study examines the disaggregated impacts of non-renewable energy (NRE) indicators comprising coal, gas, and fuel, and trade openness (TO) entailing imports and exports on environmental quality proxied by (carbon emission per capita, co2pc) in selected G-20 countries with the conditioning role of technological innovation (ecoi) from 1990 to 2018. The empirical analyses are evaluated using a battery of estimation techniques comprising augmented mean group (AMG), common correlated effect mean group (CCEMG), and mean group (MG), respectively. The following major results are evident from the analyses.
View Article and Find Full Text PDFTransp Res Interdiscip Perspect
September 2020
The study examines the extent to which lockdown measures impact on COVID-19 confirmed cases in Nigeria. Six indicators of lockdown entailing retail and recreation, grocery and pharmacy, parks, transit stations, workplaces, and residential, are considered. The empirical evidence is anchored on the negative binomial regression estimator, due to the count nature of the dataset on the daily cases of the virus.
View Article and Find Full Text PDFThe present study empirically investigates the tripartite impacts of renewable energy (RE), nonrenewable energy (NRE), and trade openness (TO) with the conditioning role of technology on environmental quality (CO emission) for the G-7 countries (Canada, France, Germany, Japan, Italy, USA, and United Kingdom) for the period straddling 1990-2019. The empirical analyses are anchored on a set of estimation procedures including; cross-sectional dependence test, second generation panel unit root test, Westerlund cointegration test, Hausman test, and pooled mean group (PMG). The following results emanate from the findings.
View Article and Find Full Text PDFEnviron Sci Pollut Res Int
August 2021
Investment in capitals is sacrosanct to launch a country to a greater path of sustainable development. Notwithstanding, its deleterious impacts on environment are equally incontestable. In light of this stark reality, this paper examines the threshold effects of capital investments on carbon emissions in G20 economies over the period, 1992-2014, for which data are available.
View Article and Find Full Text PDFBoth the clinical and epidemiological significance attached to COVID-19 cases by a small, but growing literature on coronavirus are not in any way undermined by the relevance of political economy and multidimensional impacts of other factors on the virus, particularly from country specific stance. In light of the stark reality, this study unravels the political economy and multidimensional factors of COVID-19 cases in Nigeria using the daily data spanning 27th of February through 26th of May, 2020. This paper deploys a variety of count data estimators to estimate the effects of political economy and ethno-religious factors on COVID-19 cases in Nigeria.
View Article and Find Full Text PDFHealth Policy Technol
December 2020
The year 2020 was ushered in with a historical novel virus (COVID-19) pandemic in a manner that the world has never witnessed before. The human-to-human transmission rates of the virus are not only alarming and worrisome but also, the respiratory dysfunction and unwavering deaths it caused have risen global concerns. We employ the daily situation data on reported cases of COVID-19 to explicate the implications of the lockdown lifting in Nigeria using both qualitative and descriptive statistics.
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