The role of digitalization, renewable energy supply and economic growth in environmental quality: evidence from OECD countries on the axis of sustainable development

Habibe Yaman

Makale detayları

The role of digitalization, renewable energy supply and economic growth in environmental quality: evidence from OECD countries on the axis of sustainable development

Yazarlar:

Habibe Yaman

Yayıncı:

Erciyes University

Ana Başlıklar:

Panel Veri Analizi | Çevre Ekonomisi | Uluslararası İktisatta Bölgesel Gelişme ve Küreselleşme

Dergi:

Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Issue 70, pp.31-36

Belge Tipi:

Makale

Yayın Tarihi:

4/2025

Belge Dili:

İngilizce

Document ID (Org No.):

2001346012

pISSN:

1301-3688

Anahtar kelimeler:

Özet:

 Investments in renewable energy sources are considered having an important place in achieving sustainable development goals. The impact of renewable energy on environmental quality is at the center of researchers attention. In addition, the development of Industry 4.0 and the philosophy of Society 5.0 have brought a different dimension to digitalization and technological advances. With the impact of these developments that trigger regional and global competition, the connection of digitalization and economic growth, which is a prominent factor in this process, with environmental quality, has become a matter of curiosity. This research aims to reveal the role of digitalization, renewable energy supply and economic growth in environmental quality. In this study, 38 OECD countries and the 2005-2020 period is taken as a basis. Dumitrescu  Hurlin 2012 panel causality analysis has been used as a method in the study and a heterogeneous VAR model has been estimated. The findings from the panel causality analysis reveal that there is a causal relationship between digitalization, renewable energy supply and economic growth variables and environmental quality. Panel VAR model results also show that digitalization is significant in 4 countries, renewable energy supply is significant in 10 countries and growth is significant in 11 countries in explaining environmental quality. The findings of this study reveal that policymakers must prioritize digitalization and renewable energy in the process of protecting and improving environmental quality.

 Investments in renewable energy sources are considered having an important place in achieving sustainable development goals. The impact of renewable energy on environmental quality is at the center of researchers attention. In addition, the development of Industry 4.0 and the philosophy of Society 5.0 have brought a different dimension to digitalization and technological advances. With the impact of these developments that trigger regional and global competition, the connection of digitalization and economic growth, which is a prominent factor in this process, with environmental quality, has become a matter of curiosity. This research aims to reveal the role of digitalization, renewable energy supply and economic growth in environmental quality. In this study, 38 OECD countries and the 2005-2020 period is taken as a basis. Dumitrescu  Hurlin 2012 panel causality analysis has been used as a method in the study and a heterogeneous VAR model has been estimated. The findings from the panel causality analysis reveal that there is a causal relationship between digitalization, renewable energy supply and economic growth variables and environmental quality. Panel VAR model results also show that digitalization is significant in 4 countries, renewable energy supply is significant in 10 countries and growth is significant in 11 countries in explaining environmental quality. The findings of this study reveal that policymakers must prioritize digitalization and renewable energy in the process of protecting and improving environmental quality.

 Investments in renewable energy sources are considered having an important place in achieving sustainable development goals. The impact of renewable energy on environmental quality is at the center of researchers attention. In addition, the development of Industry 4.0 and the philosophy of Society 5.0 have brought a different dimension to digitalization and technological advances. With the impact of these developments that trigger regional and global competition, the connection of digitalization and economic growth, which is a prominent factor in this process, with environmental quality, has become a matter of curiosity. This research aims to reveal the role of digitalization, renewable energy supply and economic growth in environmental quality. In this study, 38 OECD countries and the 2005-2020 period is taken as a basis. Dumitrescu  Hurlin 2012 panel causality analysis has been used as a method in the study and a heterogeneous VAR model has been estimated. The findings from the panel causality analysis reveal that there is a causal relationship between digitalization, renewable energy supply and economic growth variables and environmental quality. Panel VAR model results also show that digitalization is significant in 4 countries, renewable energy supply is significant in 10 countries and growth is significant in 11 countries in explaining environmental quality. The findings of this study reveal that policymakers must prioritize digitalization and renewable energy in the process of protecting and improving environmental quality.

 Yenilenebilir enerji kaynaklarına yapılan yatırımların sürdürülebilir kalkınma hedeflerine ulaşmada önemli bir yeri olduğu düşünülmektedir. Yenilenebilir enerjinin çevresel kalite üzerindeki etkisi son yıllarda konuyla ilgili araştırmacıların ilgi odağında yer almaktadır. Ayrıca Endüstri 4.0ın gelişimi ve Toplum 5.0ın felsefesi dijitalleşme ve teknolojik ilerlemelere farklı bir boyut getirmiştir. Bölgesel ve küresel açıdan rekabeti tetikleyen bu gelişmelerin etkisiyle dijitalleşmenin ve bu süreçte öne çıkan bir faktör olan ekonomik büyümenin çevresel kaliteyle bağlantısı merak konusu olmuştur. Bu araştırma dijitalleşme, yenilenebilir enerji arzı ve ekonomik büyümenin çevresel kalitedeki rolünü ortaya koymayı amaçlamaktadır. Bu çalışmada 38 OECD ülkesi ve 2005-2020 dönemi temel alınmıştır. Bu çalışmada yöntem olarak Dumitrescu  Hurlin 2012 panel nedensellik analizi kullanılmış ve heterojen VAR modeli tahmini yapılmıştır. Panel nedensellik analizinden elde edilen bulgular dijitalleşme, yenilenebilir enerji arzı ve ekonomik büyüme değişkenlerinin çevresel kalite ile arasında bir nedensellik ilişkisi olduğunu ortaya koymaktadır. Panel VAR modeli sonuçları da dijitalleşmenin 4 ülkede, yenilenebilir enerji arzının 10 ülkede ve büyümenin 11 ülkede çevre kalitesini açıklamada anlamlı olduğunu göstermektedir. Bu çalışmanın bulguları, politika yapıcıların çevresel kaliteyi koruma ve iyileştirme sürecinde dijitalleşme ve yenilenebilir enerjiye önem vermeleri gerektiğini ortaya koymaktadır.

Makale detayları

The role of digitalization, renewable energy supply and economic growth in environmental quality: evidence from OECD countries on the axis of sustainable development

Yazarlar:

Habibe Yaman

Yayıncı:

Erciyes University

Ana Başlıklar:

Panel Veri Analizi | Çevre Ekonomisi | Uluslararası İktisatta Bölgesel Gelişme ve Küreselleşme

Dergi:

Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Issue 70, pp.31-36

Belge Tipi:

Makale

Yayın Tarihi:

4/2025

Belge Dili:

İngilizce

Document ID (Org No.):

2001346012

pISSN:

1301-3688

Growth

Renewable Energy

Digitalization

Environmental Quality

OECDBüyüme

Yenilenebilir Enerji

Dijitalleşme

Çevresel Kalite

OECD

Sayı

Makale detayları

Yazarlar: Habibe Yaman

Yayıncı: Erciyes University

Ana Başlıklar: Panel Veri Analizi | Çevre Ekonomisi | Uluslararası İktisatta Bölgesel Gelişme ve Küreselleşme

Dergi: Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Issue 70, pp.31-36

Belge Tipi: Makale

Yayın Tarihi: 4/2025

Belge Dili: İngilizce

Document ID (Org No.): 2001346012

pISSN: 1301-3688

Sayı

Yazarlar:

Habibe Yaman

Yayıncı:

Erciyes University

Ana Başlıklar:

Panel Veri Analizi | Çevre Ekonomisi | Uluslararası İktisatta Bölgesel Gelişme ve Küreselleşme

Dergi:

Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Issue 70, pp.31-36

Belge Tipi:

Makale

Yayın Tarihi:

4/2025

Belge Dili:

İngilizce

Document ID (Org No.):

2001346012

pISSN:

1301-3688