The study examines the role of global predictors on national monetary policy formation for Kenya and Ghana within the New Keynesian DSGE framework. We developed and automatically calibrated our DSGE model using the Bayesian estimator, which made our model robust to rigorous stochastic number of...

Africa is currently experiencing both financial and human development challenges. While several continents have advocated for financial development in order to acquire environmentally friendly machinery that produces less emissions and ensures long-term sustainability, Africa is still lagging...

Purpose - This paper provides an analysis of the energy-carbon Kuznets curve hypothesis (CKC) using a second-generation panel methodology. Design/methodology/approach - Specifically, we investigate whether energy consumption, natural resources, and governance explain the CKC proposition. Our...

This study examines whether knowledge causes economic growth in Africa's two leading economies: Nigeria and South Africa. Using the Vector Autoregressive and Vector Error Correction approach, the findings show cointegration among the variables. The speed of convergence of the variables to their...

The struggle to combat climate change remains complex and challenging. Currently, two climate change approaches, namely, mitigation and adaptation, have been widely supported. These are empirical, requiring further explanation of the main drivers of carbon emissions. This research seeks to...

The study examines the role of natural resources and the carbon emission Kuznets curve, (CKC) in managing the climate crisis in Africa, using annual series data from the World, Bank from 1980 to 2019. The empirical strategy is based on the second-generation panel, techniques that account for...

This study explored whether globalisation and technology are harmful to health for a global panel dataset of 52 countries for the period of 1990-2019. The study focused on four continents: Africa, the Americas, Asia/Oceania, and Europe. We used four advanced econometric methodologies, which...

Generally, the revolutionary idea behind using information and communication technology (ICT) has improved potential productivity in many industries, particularly in Africa. ICT is an essential tool in the oil and gas industry and plays a complementary role in technological dynamics and...

The study examines the role of natural resources and energy consumption in managing the climate crisis in Africa, using annual series data from the World Bank from 1980 to 2019. The empirical strategy is based on the second-generation panel techniques that account for cross-sectional dependency...