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Yazar "Onifade, Stephen Taiwo" seçeneğine göre listele

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    Investigating institutional quality and carbon mitigation drive in Sub-Saharan Africa: Are growth levels, energy use, population, and industrialization consequential factors?
    (SAGE Publications, 2022) Appiah, Michael; Li, Mingxing; Onifade, Stephen Taiwo; Gyamfi, Bright Akwasi
    In view of the United Nations’ Sustainable Development Goals on clean and responsible energy consumption, climate change mitigation, and sustainable economic growth (UN-SDGs-7, 11–13), this study examines institutional quality (IQ)–carbon emissions nexus in the framework of the Environmental Kuznets Curve (EKC) hypothesis. Six dimensions of IQ from the World Governance Indicators (WGIs) were used while focusing on Sub-Saharan African (SSA) countries between 1996 and 2019. After controlling for growth, energy use, and industrialization levels, the empirical results validated the EKC hypothesis for the SSA as a unit increase in economic growth initially worsens the environment while further economic expansion eventually improves the environment. However, mixed results were obtained on the effects of IQ indicators. CO2 emissions are only substantially reduced by corruption control, regulatory quality, and the rule of law among other IQ measures. Furthermore, the causality analysis showed a unidirectional causality between growth and environmentally detrimental energy consumption levels coupled with a two-way emission-population growth causality flow as well as a two-way emissions—IQ causality channel. While economic growth, energy use, and industrialization levels undermine environmental sustainability in the SSA region via increased carbon emissions, the overall findings signal the moderating roles of IQ. Hence, the strengthening of institutions is recommended for environmental sustainability enhancement in the SSA region.
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    Significance of air transport to tourism-induced growth hypothesis in E7 economies: Exploring the implications for environmental quality
    (Institute for Tourism, 2022) Onifade, Stephen Taiwo; Gyamfi, Bright Akwasi; Bekun, Festus Victor; Altuntaş, Mehmet
    The study seeks to examine the significance of the tourism-induced growth hypothesis from the perspective of air transportation among seven emerging (E7) countries, including China, India, Brazil, Mexico, Russia, Indonesia, and Turkey. The combined impact of energy consumption and globalization was also factored into the analysis in order to draw cogent implications for environmental quality as energy demand in E7 economies continues to rise amidst growing urbanization in recent times. The study leverages on secondgenerational panel data estimators, namely cross-sectional autoregressive distributed lag, augmented Mean Group, and Dumitrescu-Hurlin Causality techniques. Having established a long-run equilibrium relationship among the outlined variables, the result validates the pertinent role of air transport in enhancing economic growth as a percent rise in airline passengers' arrivals significantly enhances growth in the E7 economies by 0.77%. In addition, the feedback causality between the variables also strengthens the pivotal roles of air transport in economic growth, thereby giving credence to the tourism-led growth hypothesis (TLGH) in the E7. However, there are detrimental environmental implications for the E7 when considering the causal nexus between economic growth and the dynamics of carbon-inducing energy consumption among the countries. Hence, investments in clean energy and transport infrastructures are recommended to ensure a sustainable environment where the tourism industry can flourish.
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    Synthesizing the impacts of information and communication technology advancement and educational developments on environmental sustainability: A comparative analyses of three economic blocs—BRICS, MINT, and G7 economies
    (John Wiley and Sons Ltd, 2022) Gyamfi, Bright Akwasi; Onifade, Stephen Taiwo; Ofori, Elvis Kwame
    In the wake of the growing threats to humanity from climate change, we analyzed the information and communications technology (ICT)/education—environmental nexus from three distinct blocs including BRICS, MINT, and the G7 economies between 1990 and 2020. Two models were examined to reach the study's objectives. The first model evaluates whether education and ICT are essential for environmental sustainability via potential reduction in carbon emission. On the other hand, the second model fills an existing gap in extant studies by examining the prospect of education and ICT in influencing citizens on the importance of transition to renewable energy usage. Driscoll and Kraay estimator was employed as a panacea tool for cross-sectional dependence and slope homogeneity while the fixed effect approach provides sufficient robustness checks on the findings. While some outcomes vary per bloc, others are relatively similar across the three blocs. Education level in school enrollment perspectives shows a negative significant pollution reduction effect across the three blocs, while only the G7 bloc performed better from human capital perspectives. The combined sample bloc shows that ICT also significantly reduces carbon emission, however, an individual bloc analysis refutes this stance for the MINT bloc. Additionally, while renewable energy cushions emissions in all the blocs, rapid urbanization, shows a positive CO2 emission impact except in the G7 bloc. Last, ICT and education significantly boost renewable energy usage only in the G7. Hence, governments and stakeholders in the blocs should gravitate toward greater investments in quality education and greener ICT infrastructures for a sustainable environment.

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