Yazar "Akadiri, Ada Chigozie" seçeneğine göre listele
Listeleniyor 1 - 4 / 4
Sayfa Başına Sonuç
Sıralama seçenekleri
Öğe Cooling and heating degree days in the US: The role of macroeconomic variables and its impact on environmental sustainability(ELSEVIER, RADARWEG 29, 1043 NX AMSTERDAM, NETHERLANDS, 2019) Alola, Andrew Adewale; Saint Akadiri, Seyi; Akadiri, Ada Chigozie; Alola, Uju Violet; Fatigun, Ayodeji SamsonBeyond employing the cooling and heating degree days variables for evaluating the climatic conditions and the expected energy needs in the United States, a subtle concern is the underpinning role of the environmental sustainability amidst socio-economic activities. As such, the current study is design to examine the role of fossil fuel energy consumption, ecological footprint, and urban population on the degree days viz-a-vis the cooling and heating days in the United States over the period 1960-2015. The Autoregressive Distributed Lag bound testing model employed reveals the importance of the ecological footprint, fossil fuel energy consumption, and urban population on the cooling and heating degree days of the United States. Result posits that each of fossil fuel and the urban population plays a positive and negative role as regard the cooling degree days and the heating degree days respectively, especially in the long run. Importantly, the empirical results support the argument that the increase in the consumption of the fossil fuel sources of energies are responsible to cause more cooling degree days, thus resulting to longer and hotter periods in the United States but vice versa for the heating degree days. Similarly, the investigation outcome draws from the argument that the increase in the urban population is a potential cause of high environmental temperature, thus responsible for lengthy heat periods (cooling degree days) and resulting in more energy needs and technologies for cooling. As expected, the reverse is the case for the heating degree days, especially in the long-run. As a policy standpoint, policymakers are to further adopt improved and effective guideline for housing and building constructions that are weather specifics. In formulating policy vehicle for each of the seasonal dynamics, the economic benefits of each of the climatic measurements should be considered especially for both the short- and long-run environmental sustainability. (c) 2019 Elsevier B.V. All rights reserved.Öğe Japan energy mix and economic growth nexus: Focus on natural gas consumption(Sage Publications Ltd, 2024) Eweade, Babatunde S.; Uzuner, Gizem; Akadiri, Ada Chigozie; Lasisi, Taiwo TemitopeJapan's recent enunciation of a Free and Open Indo-Pacific policy aims to promote principles such as free trade, freedom of navigation, and encouraging economic prosperity with building commitment to stability and peace connecting the economic hub of Asia to Africa (MFA, 2019). Natural gas use continues to dominate Japan's energy mix despite efforts to improve environmental protection and attain the Sustainable Development Goals (SDGs). Also, increasing production and investment typically leads to a better quality of life and more disposable income for the populace, which promotes economic growth. To this end, the study investigates the relationship between economic growth, trade openness, and natural gas consumption, as well as gross fixed capital formation and carbon dioxide emissions to overcome omitted variable problems to explore the natural gas-economic growth hypothesis in Japan over the period 1980-2020. Empirical results reveal a long-run relationship among the variables under consideration. By applying the Toda and Yamamoto approach to Granger causality testing, a two-sided causality running from CO2 and economic growth was revealed, while a one-sided causality from economic growth to natural gas consumption. This outcome suggests that the natural gas-economic growth hypothesis is not valid for Japan. According to these outcomes, policymakers in the energy sector should consciously diversify their energy portfolio in line with the Sustainable Development Goals (SDGs) for Japan. Also, it is recommended that there should be a provision of access to skilled labor to increase productivity and export finished products to boost a nation's economy.Öğe Renewable Energy Consumption in EU-28 Countries: Policy Toward Pollution Mitigation and Economic Sustainability(ELSEVIER SCI LTD, THE BOULEVARD, LANGFORD LANE, KIDLINGTON, OXFORD OX5 1GB, OXON, ENGLAND, 2019) Saint Akadiri, Seyi; Alola, Andrew Adewale; Akadiri, Ada Chigozie; Alola, Uju VioletA major challenge facing humans in the 21st century is how to strike a balance between the mitigation of environmental degradation and the achievement of sustainable economic growth. On this note, this investigation applies an autoregressive distributed lag (ARDL) methodology to a panel data of 28 European Union (EU-28) countries over the period 1995-2015. The study confirms the existence of positive and significant long-run nexus among environmental sustainability, renewable energy consumption and economic growth in the EU-28 countries. In addition, empirical results indicate that real gross fixed capital formation, carbon emissions and other environmental factors are principal determinants of long-run growth in the EU. Using Dumitrescu and Hurlin (2012) Granger non-causality in heterogeneous panel, results show long-run bidirectional causal relationships among renewable energy consumption, economic growth and other growth determinants. Based on these results, we infer that the exploitation of renewable energy sources in the EU-28 countries is a reliable pathway toward environmental pollution mitigation. Consequently, achieving sustainable development goals (SDGs) by the year 2030 through renewable energy consumption and carbon emission mitigation is very much achievable in the EU28 countries, and should also be adopted by all countries as an effective global policy.Öğe The Role of Globalization, Real Income, Tourism in Environmental Sustainability Target. Evidence from Turkey(ELSEVIER, RADARWEG 29, 1043 NX AMSTERDAM, NETHERLANDS, 2019) Saint Akadiri, Seyi; Alola, Andrew Adewale; Akadiri, Ada ChigozieIn this study, we examine the role of real income, globalization and tourism on environmental sustainability target by applying Autoregressive Distributed Lag (ARDL) bounds testing approach that controls for structural breaks and Vector Error Correction Model (VECM) Granger causality approach that produces robust, efficient and reliable short-run and long-run estimates in the case of Turkey over the periods 1970-2014. To achieve our research objective, we examine stationarity properties of the series via unit root test after which we applied Bayer-Hanck combined cointegration technique to evaluate the presence of a long-run cointegration relationship among the series. The empirical results show that a 1% increase in real income level and international tourists' arrivals led to 0.625% and 0.129% increase in metric ton per capita CO2 emissions in the short-run and 0.345% and 0.071% increase in metric tons per capita CO2 emissions in the long-run, while globalization has nonsignificant negative impacts on CO2 emissions. The causality analysis suggest that tourism Granger causes CO2 emissions both in the short-and long-run, while real income and globalization only Granger cause CO2 emissions in the long-run. Findings also show that a one standard deviation shock to CO2 emissions has a noticeable positive and persistent impact on tourism, globalization and economic growth in the long-run. (C) 2019 Elsevier B.V. All rights reserved.