Yazar "Alola, Uju Violet" seçeneğine göre listele

Listeleniyor 1 - 2 / 2
  • [ X ]
    Öğe
    The role of economic freedom and clean energy in environmental sustainability: implication for the G-20 economies
    (Springer Heidelberg, 2022) Alola, Andrew Adewale; Alola, Uju Violet; Akdag, Saffet; Yildirim, Hakan
    With the increasing challenge of attaining sustainable balance in socioeconomic-ecosystem activities, the aspects of the global goals are continously being harnesed in order to ensure a sustainable interaction. As an alliance of the United Nations, the G-20 member countries have not only committed to attaining the Sustainable Development Goals 2030, the alliance body has further fostered frameworks that are targeted at advancing global economic and environmental sustainability. Within this context, the current study examined the environmental sustainability effects arising from the economic freedom prowess in the panel of the G-20 economies over the period 2000-2016. Among the sparse studies, the study employed the indices of economic freedom: freedom to trade internationally, regulation, sound money, legal framework, and property right and alongside the real income and renewable energy consumption as explanatory indicators. With the result of the difference- and two-step system GMM (generalized method of moments), the legal system and property right, sound money, freedom to international trade, and regulatory efficiency are detrimental to the panel countries' environmental quality. Although this is likely to be untrue for countries that have advanced their climate actions and especially the Sustainable Development Goals (SDGs) 2030, it suggests a dearth in the SDGs achievement among the developing and emerging economies. Moreover, it probably shows the depth of traditional or business-as-usual practices (such as the lack of sustainable economic and environmental practices) and the socioeconomic system that are obtainable in most of the developing and emerging economies. Thus, the study put forward tangible policies that are essential for governance and toward attaining desirable country-specific SDGs.
  • [ X ]
    Öğe
    The role of institutional quality on tourist arrivals in leading emerging economies
    (Springer India, 2024) Uzar, Umut; Eyuboglu, Kemal; Alola, Uju Violet
    This study explores the relationship between tourist arrivals and institutional quality in leading emerging economies (Brazil, China, India, Indonesia, Mexico, Russia, and Turkey) during 1996 to 2022. By utilizing principal component analysis for dimensions of governance performance, such as voice and accountability, political stability and absence of violence/terrorism, government effectiveness, regulatory quality, rule of law, and control of corruption, this study develops a comprehensive index that enables a nuanced understanding of the collective effect of these dimensions on tourism. The results of the panel data estimations indicate that institutional quality positively affects tourist arrivals in all countries, with strong effects in Mexico, Russia, and Turkey. Additionally, the study accounts for economic growth, the real effective exchange rate, and gross fixed capital formation, all of which show that overall, tourist arrivals increase in response to economic growth, decline in response to the exchange rate, and increase in response to gross fixed capital formation, with country-specific effects. Granger causality evidence supports these findings, implying the need for a comprehensive policy review to encourage the tourism industry in these countries.