Renewable Energy Consumption and Economic Growth Relationship in Developing Countries

Fatma İdil Baktemur

Makale detayları

Renewable Energy Consumption and Economic Growth Relationship in Developing Countries

Yazarlar:

Fatma İdil Baktemur

Yayıncı:

Ahmet FİDAN

Ana Başlıklar:

Ekoloji | Sürdürülebilirlik ve Enerji

Dergi:

Kent Akademisi Vol.16 Issue 4, pp.2779-2788

Belge Tipi:

Makale

Yayın Tarihi:

12/2023

Belge Dili:

İngilizce

Document ID (Org No.):

2001303099

pISSN:

2146-9229

Anahtar kelimeler:

Özet:

 Renewable energy is typically characterized as energy produced from solar, wind, geothermal, tide and wave, wood, waste, and biomass sources. Renewable energy is a crucial issue since it is a clean energy source with less environmental impact. This study aims to use panel methodologies to investigate the relationship between the use of renewable energy and economic growth in developing countries for the years 1990 to 2019. Panel unit root test was performed for the stationarity of the series. After this stage, panel cointegration tests were performed and a long run relationship for renewable energy consumption and economic growth was detected according to the Pedroni test. For the direction of causality, panel causality test was performed, and test results showed unidirectional relationship from economic growth to renewable energy consumption. Growth increases renewable energy consumption and reduces carbon emissions. The direction of causality suggests that conservation hypothesis is valid for developing countries.

 Renewable energy is typically characterized as energy produced from solar, wind, geothermal, tide and wave, wood, waste, and biomass sources. Renewable energy is a crucial issue since it is a clean energy source with less environmental impact. This study aims to use panel methodologies to investigate the relationship between the use of renewable energy and economic growth in developing countries for the years 1990 to 2019. Panel unit root test was performed for the stationarity of the series. After this stage, panel cointegration tests were performed and a long run relationship for renewable energy consumption and economic growth was detected according to the Pedroni test. For the direction of causality, panel causality test was performed, and test results showed unidirectional relationship from economic growth to renewable energy consumption. Growth increases renewable energy consumption and reduces carbon emissions. The direction of causality suggests that conservation hypothesis is valid for developing countries.

 Renewable energy is typically characterized as energy produced from solar, wind, geothermal, tide and wave, wood, waste, and biomass sources. Renewable energy is a crucial issue since it is a clean energy source with less environmental impact. This study aims to use panel methodologies to investigate the relationship between the use of renewable energy and economic growth in developing countries for the years 1990 to 2019. Panel unit root test was performed for the stationarity of the series. After this stage, panel cointegration tests were performed and a long run relationship for renewable energy consumption and economic growth was detected according to the Pedroni test. For the direction of causality, panel causality test was performed, and test results showed unidirectional relationship from economic growth to renewable energy consumption. Growth increases renewable energy consumption and reduces carbon emissions. The direction of causality suggests that conservation hypothesis is valid for developing countries.

 Yenilenebilir enerji tipik olarak güneş, rüzgâr, jeotermal, gelgit ve dalga, odun, atık ve biyokütle kaynaklarından üretilen enerji olarak tanımlanmaktadır. Yenilenebilir enerji, çevreye etkisi daha az olan temiz bir enerji kaynağı olması nedeniyle hayati bir konudur. Bu çalışma, gelişmekte olan ülkelerde, 1990-2019 yılları arası yenilenebilir enerji kullanımı ile ekonomik büyüme arasındaki ilişkiyi panel veri analiziyle araştırmayı amaçlamaktadır. Serinin durağanlığı için panel birim kök testi yapılmıştır. Bu aşamadan sonra panel eşbütünleşme testleri yapılmış ve Pedroni testine göre yenilenebilir enerji tüketimi ile ekonomik büyüme arasında uzun dönemli bir ilişki tespit edilmiştir. Nedenselliğin yönü için panel nedensellik testi yapılmış ve test sonuçları ekonomik büyümeden yenilenebilir enerji tüketimine doğru tek yönlü bir ilişki olduğunu göstermiştir. Büyüme yenilenebilir enerji tüketimini artırmakta ve karbon emisyonlarını azaltmaktadır. Nedenselliğin yönü, koruma hipotezinin gelişmekte olan ülkeler için geçerli olduğunu göstermektedir.

Makale detayları

Renewable Energy Consumption and Economic Growth Relationship in Developing Countries

Yazarlar:

Fatma İdil Baktemur

Yayıncı:

Ahmet FİDAN

Ana Başlıklar:

Ekoloji | Sürdürülebilirlik ve Enerji

Dergi:

Kent Akademisi Vol.16 Issue 4, pp.2779-2788

Belge Tipi:

Makale

Yayın Tarihi:

12/2023

Belge Dili:

İngilizce

Document ID (Org No.):

2001303099

pISSN:

2146-9229

renewable energy

economic growth

panel causality

panel cointegrationyenilenebilir enerji

ekonomik büyüme

panel nedensellik

panel eşbütünleşme

Sayı

Makale detayları

Yazarlar: Fatma İdil Baktemur

Yayıncı: Ahmet FİDAN

Ana Başlıklar: Ekoloji | Sürdürülebilirlik ve Enerji

Dergi: Kent Akademisi Vol.16 Issue 4, pp.2779-2788

Belge Tipi: Makale

Yayın Tarihi: 12/2023

Belge Dili: İngilizce

Document ID (Org No.): 2001303099

pISSN: 2146-9229

Sayı

Yazarlar:

Fatma İdil Baktemur

Yayıncı:

Ahmet FİDAN

Ana Başlıklar:

Ekoloji | Sürdürülebilirlik ve Enerji

Dergi:

Kent Akademisi Vol.16 Issue 4, pp.2779-2788

Belge Tipi:

Makale

Yayın Tarihi:

12/2023

Belge Dili:

İngilizce

Document ID (Org No.):

2001303099

pISSN:

2146-9229