Foreign direct investment (FDI) as a driver of growth is important in today's globalized economy. It is extremely difficult for economies to grow sustainably without economic interactions outside their borders. However, there has been a debate on the impact of FDI inflow on economic expansion....

The quest for the attainment of economic development is sought after by all global economies, which by effect is expected to transcend to improving livelihoods and standard of living. However, several factors hinder the process of achieving sustained economic development, especially in...

Consistent with the Sustainable Development Goal 7 of ensuring access to clean and modern energy technologies, this study examined the nexus between access to electricity, human development index, political system environment, income level, and income inequality. We employed a nonparametric...

The role of renewable and fossil fuel energy consumption on environmental sustainability remains inconclusive due to varied economic and technological structure. This study provides new insight by assessing the nexus between the utilization of two energy categories - renewable and conventional,...

One of the European Union's (EU) membership conditions includes an ambitious energy policy objective such as energy security, environmental protection and diversification using renewables. However, the impact of the energy policy on environmental sustainability is yet to be assessed. In line...

The impact of climate change has resulted in several long-term events including extreme temperatures. Besides, the occurrence of climate events impedes economic progress –– affecting economic readiness of climate mitigation. However, the effect of climatic factors on economic productivity...

Municipal solid waste (MSW) is one of the most urgent issues associated with economic growth and urban population. When untreated, it generates harmful and toxic substances spreading out into the soils. When treated, they produce an important amount of Greenhouse Gas (GHG) emissions directly...

Understanding the mechanisms underlying the global spread of the coronavirus (COVID-19) is key to addressing the pandemic. Herein, we use a global velocity model to examine the effectiveness of containment measures on the rate of COVID-19 spread at spatial scales. Velocity models were...

Background: The initial investigation by local hospital attributed the outbreak of the novel coronavirus disease (COVID-19) to pneumonia unknown cause that appeared like the severe acute respiratory syndrome (SARS) that occurred in 2003. The World Health Organization has declared COVID-19 as...

New AbstractWe investigate the relationship between cryptocurrencies and the stock market. We use two vector autoregression models to analyze the short- and long-run, cumulative impulse-response, and Granger causality test between S&P500 returns and cryptocurrency. Our results suggest positive...