Kingsley Okere

• Doctor of Philosophy
• Gregory University

This research investigates the joint environmental impacts of natural resource rents and FinTech in oil‐rich economies. It addresses the carbon curse hypothesis and argues that the integration of FinTech can be a transformative force, improving energy and carbon intensities in these countries. The study employs the Panel Spatial Correlation Consist...

This study navigates the complex intersection of fiscal policy, governance quality, and environmental sustainability within Sub‐Saharan Africa (SSA). Utilizing a dataset from 2005 to 2020 encompassing 33 SSA countries, the study employs the environmental load capacity factor (LCF) to assess environmental sustainability within the STIRPAT framework...

The current global drive towards minimizing or abolishing unsustainable cooking methods owing to their harsh ecological, economic and health effects is gaining momentum. Advancing successful transition to clean cooking necessitates strategic debt management and effective governance. However, studies examining the combined influence of governance qu...

This study was carried out to ascertain the relationships between public debts and economic development in Nigeria. The specific objectives were to assess the effects of public debt on economic growth rate, aggregate demands, sectoral compositions and to find out if there exists any threshold relationship between debt accumulation and economic deve...

This study contributes to the Sustainable Development Goal 15 by examining the dynamics of balancing the ecological footprint and meeting fundamental human needs in terms of food and shelter. The analysis utilizes a panel dataset comprising 9 countries with ecological deficits, covering the period from 1971 to 2022. The estimators employed in the s...

Advancing ecological sustainability, a major focus of the SDGs, necessitates evaluating the influence of green energy, sustainable technology, and resource utilization on ecological load capacity factors—an area that has remained underexplored in existing research. Also, the LCF method, which elucidates the unique features of the supply and demand...

In the face of growing sustainability challenges, this study examines the ecological impacts of natural wealth (NR) and tech‐driven industrial diversification (TID) in sub‐Saharan Africa (SSA). It employs the load capacity factor (LCF), utilizing a panel dataset spanning from 1991 to 2020. The findings reveal that renewable (forest) resources exert...

The adoption and utilization of renewable energy offer potential benefits such as enhanced energy efficiency, cost savings, and ecological advantages. However, a key research question addressed in this analysis is whether natural resource rent and employment dynamics influence renewable energy consumption in Africa. Previous research has predominan...

This study models the Kaya identity equation for carbon dioxide (CO2) emissions in a panel of 20 oil-rich countries from 1994 to 2019. The estimators used are robust to cross-sectional dependence and allow for heterogeneous slope coefficients. The results indicate that natural resource extraction hinders environmental sustainability in oil-rich cou...

The sacrosanct role played by small and medium‐sized enterprises (SMEs) in shaping economic realities in Europe resonates the accompanying impact of their activities on the environment. Furthermore, the unequal access to green finance across various sizes of small and medium enterprises alongside low level of bureaucratic quality in low‐income nati...

Amid Nigeria's economic growth and energy challenges, the escalating public debt (PB) levels and persistent energy poverty (EP) raise critical questions about their potential impacts on the environment. Given the potential conflict among economic development, EP alleviation and ecological conservation, it becomes pertinent to understand whether inc...

The Sub-Saharan Africa region is disproportionately affected by energy poverty and is considered highly vulnerable to the impacts of climate change. Therefore, addressing the pressing challenges of energy poverty and promoting environmental sustainability in this region is of paramount importance. Consequently, this study appraises the relationship...

The combination of rising debt levels, poor electricity access, and environmental deterioration could threaten the attainment of the sustainable development goals (SDGs). Hence, this inquiry examined the implications of public borrowing and access to electricity on environmental sustainability (proxied by ecological footprint (ECOL) and carbon diox...

The overwhelming effects of climate change on the living environments has prompted several countries, including India into rolling out different carbon neutrality agenda. On this background, this study activated policy framework towards the attainment of India’s 2070 net-zero emission target via energy efficiency. The roles of green-technology, aff...

This study examines the effect of bank credit to the private sector on environmental quality (carbon emissions and carbon emission intensity) in Nigeria from 1971-2017 adopting novel dynamic ARDL simulations within framework of Stochastic Impact by Regression on Population, Affluence and Technology (STRIPAT). Controlling for the impact of fossil fu...

To decarbonise Europe in the post-COP26 era, current policies must be adjusted to account for the cross-border consequences of its consumption pattern. Using consumption-based Kaya identity metrics adjusted for emissions and energy embodied in traded goods and services, this study examines the nexus between technological factors defining energy tra...

Given that the development of renewable energy is regarded as a sustainable alternative to the realization of environmental quality, it is not surprising that the discussion of the sustainability of the world's energy sources continues to expand. While renewable energy has a negligible impact on environmental degradation, developing regions like su...

Prompted by the renewable energy funding challenge in sub-Saharan Africa (SSA) amid surging public debt in the region, this study investigates the moderating role of governance quality in the relationship between public debt and REC in the region using the Feasible Generalized Least Squares. The study established that public debt positively impacts...

At the heart of the post-COP26 era and the European Green deal lies the underlying goals in Europe targeting climate neutrality and zero pollution through tourism developments and promotion of economic well-being of regions. This study empirically investigates the dynamic linkages among tourism developments and emission while controlling for the in...

At the heart of the EU cohesion policy and the European Green deal lies the underlying sub-goals not limited to; financing the transition, promoting economic well-being of regions, take everyone along, achieving climate neutrality and a zero pollution Europe which the small and medium enterprises positions as the perfect conduit to achieve the afor...

This research investigates the potential influence of extreme exchange rate asymmetry on export commerce using the instance of leading oil and non-oil exporting African economies, namely Nigeria, Ghana, Congo, Gabon, Algeria, and Morocco, within the context of MANTARDL. In addition, the analysis disentangled the positive (appreciation) and negative...

In order to shed empirical light on the impact of the multi-dimensional decomposition of financial development indicators on renewable energy usage, this study investigates the threshold effect of political conflict on finance-energy dynamics in Africa. The research output relies on a panel of 46 African nations from 2010 to 2020, using IV-GMM esti...

Based on the fact that the EU-part of the Eastern Bloc has not fared well in transitioning to renewable energy in the last decade compared to other regions of the bloc, this study investigated the impacts of coal consumption, socioeconomic factors and bureaucracy on the environment and the moderating effect of socioeconomic factors and bureaucracy...

The age-long debate between SME-growth nexus has ignored environmental sustainability, as evident by many previous empirical studies. However, the pivotal role of SMEs and their undeniable dominance in the business landscape of Africa presents itself as a potential instrument for leading sustainability advocacy on the African continent. The study i...

This study investigates the role of institutional structure on asymmetries dynamic impact of financial integration, capital market development on economic performance in Sub-Saharan Africa (SSA). The study classified economic performance into RGDPC, nominal gdp and human capital development, and employed (PNARDL) modeling framework, and a panel of...

The increasing human activities amidst competition for resources across the globe has made environmental challenges an ongoing classic problem, thus prompting policymakers to continually seek effective solution while ensuring sustainable development. With the wide coverage of the relevance of the double dividend hypothesis in explaining the co-bene...

Agricultural productivity remains pivotal to the sustenance of the economies and livelihoods of Sub-Saharan Africa (SSA) countries. Given the emerging threat of energy and environmental uncertainties globally, this study makes a foray into understanding the link among energy poverty, environmental degradation and agricultural productivity in 35 SSA...

The study evaluates the movement of share prices in the Nigerian stock market. Markov chain approach provides a successful analysis and prediction of time-series data (1985–2019) which reflects Markov dependency. The probability $$\alpha$$ α and $$\beta$$ β was estimated, and the expectation of the monthly increase (E(I)) and decrease (E(D)) of the...

There is general consensuses among scholars on the importance of international trade and foreign direct investment as a main macroeconomic variables that drive economic growth of developing countries. However, the global economic crisis plays dominant role in determining the movement of these macroeconomic variables that can change the nomenclature...

The failure of energy economists and planners to comprehend the dynamics and paradigm shift in the finance and institutional quality domain that drive energy use is blamed for the ongoing energy consumption concerns. Consequently, this study revisits and contributes to repositories by examining the relationship between finance-renewable energy cons...

This study examines the impact of extremely small and extreme large variations in the exchange rate on export trade of selected oil-exporting countries in Africa over the period 1981Q1-2020Q4. The standard non-linear ARDL provides inconsistency among the estimates, shows the unreliable diagnostic test, and cannot account for the effects of extreme...

The main objective of this study is to explore the dynamic relationship between the level of democracy and the amount of fossil fuel in the energy consumption mix in Nigeria over the period 1975–2020. To achieve this objective, the autoregressive distributed lag (ARDL) bounds testing method is applied. The results revealed that democracy has a posi...

Investigating the impacts of globalization on vulnerable employment with a focus on sub‐Saharan African (SSA) women's job experience is in line with efforts towards achieving Sustainable Development Goal 8. We examined the impacts of social, economic, and political globalization, as well as de facto and de jure conditions, in explaining the proport...

This study is hinged on analyzing factors such as agriculture and globalization (de jure trade and financial) that threaten a sustainable environment using two proxies of ecological footprint: carbon and noncarbon ecological footprint in the Philippines while controlling for the influence of fossil to GDP, economic growth, urban population, and fin...

This study investigates the symmetric and asymmetric effects of FDI-growth nexus amidst financial crises, economic crises and COVID-19 pandemic s in Nigeria over the period 1983-2020. Having confirmed the long-run stable state among the variables, the symmetric estimates suggest that the FDI inflow/outflow is significantly linked with economic grow...

Sub-Saharan Africa’s regulatory environment ranks amongst the least business friendly in the world. The difficulty of starting and operating businesses and the high tax burden are amongst the major conditions that make the regulatory environment hostile. This study examines how these business regulatory conditions explain the growing challenges in...

Nigerian capital market has an essential role in stimulating economic growth by mobilizing domestic savings and encouraging static financial resources to be allocated to more productive activities. Considering this pivotal role of the capital market, this study explores the behavior of the Nigerian capital market excess stock return via the asymmet...

Based on the commitment to improve environmental quality across European Union under the United Nations' Sustainable Development Goals and varying national goals, this study investigates the dynamic linkages between bureaucracy, socioeconomic factors, conventional fossil fuel energy consumption vis-à-vis aggregate fossil and disaggregate fossil (oi...

Inspired by the commitment to address the environmental challenges in Peru under the UN Sustainable Development Goals 13 (Climate Action) and its implications by 2030, therefore, this study investigates the combined role of economic globalization , financial development, and fossil fuel intensity consumption using a combination of dynamic ARDL coun...

Inspired by the commitment to address the environmental challenges in Peru under the UN Sustainable Development Goals 13 (Climate Action) and its implications by 2030, therefore, this study investigates the combined role of economic globalization, financial development, and fossil fuel intensity consumption using a combination of dynamic ARDL count...

The interconnection between environmental protection and sustainable development is at the heart of discussion among all the intergovernmental agencies around the globe. Such discussion is considered highly important considering the role of finance, an abundance of fossil fuel and industrial value-added on economic activities and environmental issu...

This paper investigates the oil resource abundance and environmental quality nexus in Algeria, with emphasis on the role of oil export receipts and domestic oil consumption, and whether financial development is a policy option for reducing carbon dioxide (CO2) emissions in the economy. Using time series data from 1971 to 2016, the Bayer–Hanck test...

This study explores the linear and non-linear impact of Nigeria's oil price and exchange rate on stock market performance from January 1995 to December 2019 using the non-linear autoregressive distributed lag (NARDL) method. The results from the linear ARDL show a long and short-run positive relationship between the Nigerian stock market and crude...

This study aims to investigate the influence and the direction causal relationship between energy consumption and the selected explanatory variables in Nigerian economic system. Using ARDL‐VECM over the period of 1972–2014, the results are that financial development exerts negative and significant influence on energy consumption. Trade openness and...

The need for adequate and consistent policies to mitigate the continuous rise of carbon emission have motivated the energy economist in the past decades to actively involved and explore common economic agents that are driving the rising pattern in the environmental pollution. This study is positioned towards contributing to the on-going debates on...

This study examines the interactions between among exchange rate, output and four other macroeconomic variables in Nigeria from 1981 to 2014. Using principal component analysis for the construction of financial sector development indices, Autoregressive Distributed Lag (ARDL) Bounds test technique, Johansen cointegration and TYDL causality approach...

The recent trends in globalization, financial liberalization and financial innovation have raised questions with regard to the dynamic linkages and integration of selected African stock markets. This study examines the cointegration, dynamic linkage and portfolio diversification in African stock market over the period of 01/02/2004-01/07/2016. Usin...

This study examines the indirect impact of trade protectionist policy on economic growth in Nigeria by applying the bounds testing (ARDL) approach to cointegration over the period 1990 to 2013. Three measures of trade protectionist are used including real exchange rate, subsidy, trade openness and the indirect effect on economic growth was captured...