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    Environmental consequences of economic complexities in the EU amidst a booming tourism industry: Accounting for the role of brexit and other crisis events
    (Elsevier Sci Ltd, 2021) Adedoyin, Festus Fatai; Agboola, Phillips O.; Ozturk, Ilhan; Bekun, Festus Victor; Agboola, Mary Oluwatoyin
    The European Union (EU) is one of the strongest, but most complex unions in the world with a competitive tourism industry. The aim of this study, therefore, is to account for economic complexity index (ECI), Brexit and other crisis episodes in the growth-energy-emissions nexus. Theoretically, the traditional Environmental Kuznets Curve (EKC) model is assessed by adopting a One-step System Generalized Method of Moment (Sys GMM) on data for 26 EU member states over the period from 1995 to 2018. For the first time, an EU-macro regional analysis is conducted with and without the UK. Empirical results reveal that an increase in tourism, real GDP per capita, and energy use across the four EU macro regions leads to increase in carbon emission. In some regions, it was observed that tourism, ECI, Brexit, and the Greece bailout have no significant impact on carbon emission. This suggests that the increase in international travel, complexity of the economy, and financial crisis do not accelerate environmental crisis in such regions. However, where such factors are statistically significant, Brexit and the Greece bailout crisis both heighten emissions. Particularly, when the UK is excluded, Brexit and the Greece bailout crisis increase and reduce emissions, respectively. The EKC hypothesis, however, holds in either scenario. Based on these empirical findings, vital policy directions are suggested for a post-Brexit EU-UK energy and environmental relations. (C) 2021 Elsevier Ltd. All rights reserved.
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    Renewable and non-renewable energy policy simulations for abating emissions in a complex economy: Evidence from the novel dynamic ARDL
    (Pergamon-Elsevier Science Ltd, 2021) Adedoyin, Festus Fatai; Ozturk, Ilhan; Bekun, Festus Victor; Agboola, Phillips O.; Agboola, Mary Oluwatoyin
    According to the Economic Complexity Index, Japan was the number 1 most complex economy in the world. In addition to complexity, Japan pledges to reduce emissions by boosting cleaner energy sources. This study simulates two policies to highlight a path for Japan in achieving this ambitious energy and environmental target. The novel dynamic autoregressive distribution lag (ARDL) model and Kernel-based regularized least squares (KRLS) are adopted over panel data from 1970 to 2018. Empirical evidence from the ARDL and dynamic ARDL models shows that CO2 emissions have a significant long-term relationship with GDP per capita, renewable energy, and economic complexity index while air transport is significant in the short run. Putting it more elaborately, a unit increase in GDP per capita increase the emission by 0.84%-0.96% in the long run and 0.46%-0.48% in the short run. As regards renewable energy, a unit increase in it decrease the carbon emission by 0.07% and 0.04% in the long-run and short-run respectively. Also, an increase in the economic index diminished the emission by 0.81% in the long run. Moreover, economic complexity moderates the role of GDP in environmental degradation as it also has a significant impact on carbon emission. (c) 2021 Elsevier Ltd. All rights reserved.
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    Telehealth as a panacea amidst global pandemic (COVID-19) in Africa
    (Duzce University Medical School, 2021) Alhassan, Gloria Nnadwa; Öztürk, İlknur; Adedoyin, Festus Fatai; Bekun, Festus Victor
    Technology is disrupting bringing up a better innovation and strengthening the healthcare services. Telehealth is one of these services. Telehealth can help in times of emergency situations as well as reducing morbidity caused by other diseases other than coronavirus and also constraining its spread as well as sustaining the country’s economic development. Although, telehealth is a disruptive innovation, this article aimed to point out why Africa and rest of the world need telehealth to structure out the management of the three phases of health crises (pre, during and post-crises) that must be address to help in economic sustainability, increase accessibility to healthcare and increase in quality of life which in turn reduces costs and easy access to healthcare services either incommunicable, non-communicable, or disastrous situations in the African region. In fighting an outbreak such as this, our study finds that the government of African nations should guarantee all health experts get fitting instruction and preparing present telehealth accreditation for wellbeing experts; give subsidizing which satisfactorily takes care of the expense of giving telehealth; overhaul clinical models of care; bolster all partners with a viable correspondence; and finally, change the board technique while setting up frameworks to oversee telehealth benefits on a standard premise. © 2021, Duzce University Medical School. All rights reserved.
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    The implications of renewable and non-renewable energy generating in Sub-Saharan Africa: The role of economic policy uncertainties
    (Elsevier Sci Ltd, 2021) Adedoyin, Festus Fatai; Ozturk, Ilhan; Agboola, Mary Oluwatoyin; Agboola, Phillips O.; Bekun, Festus Victor
    Sub-Saharan Africa which is one of the main regions known for various sources of mineral and energy resources in the global market has experienced appreciable rates of economic expansion in the last 10 years. However, apart from the environmental consequences of generating energy, how uncertainties in the economy moderate the impact of energy generation on the environment is yet to be given desired attention. Hence, this study investigates the role of economic policy uncertainty in the energy-growth-emissions nexus for 32 countries in Sub-Saharan Africa over the period from 1996 to 2014. Results from one-step system-GMM show that real GDP and generation of non-renewable energy both increases CO2 emissions. However, while economic policy uncertainty also propels high levels of emissions in the region, its moderation effect on the impact of both renewable and non-renewable energy generation leads to a reduction in emissions level in the region. This suggests an urgent need for the implementation of sound macroeconomic and energy policies in Sub-Saharan Africa to safeguard the energy sector from disruptions and to mitigate the resultant impact on the degradation of the environment in the region.