Research Article

Biomass Energy Consumption, Economic Growth and CO2 Emission in G-20 Countries

Volume: 7 Number: 1 February 3, 2019
TR EN

Biomass Energy Consumption, Economic Growth and CO2 Emission in G-20 Countries

Abstract

This study investigates the relationship between biomass energy consumption, economic growth, carbon dioxide emissions, and natural resource depletion in G-20 countries from 1992 to 2013. For this purpose, we used panel unit root tests, the panel cointegration test, the panel fully modified OLS (FMOLS) method, and the panel VECM Granger causality method. The results reveal that biomass energy consumption, economic growth, CO2 emissions, and natural resource depletion are cointegrated. In addition, increasing biomass energy consumption leads to increased economic growth. On the other hand, the increase in biomass energy consumption reduces CO2 emissions. Moreover, a unidirectional causality exists from biomass energy consumption to GDP growth, supporting the growth hypothesis. Finally, a bidirectional causal relationship exists between biomass energy consumption and CO2 emissions.

Keywords

References

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Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Publication Date

February 3, 2019

Submission Date

August 15, 2018

Acceptance Date

September 6, 2018

Published in Issue

Year 2019 Volume: 7 Number: 1

APA
Destek, M. A., & Okumuş, İ. (2019). Biomass Energy Consumption, Economic Growth and CO2 Emission in G-20 Countries. Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi, 7(1), 347-353. https://doi.org/10.18506/anemon.453801
AMA
1.Destek MA, Okumuş İ. Biomass Energy Consumption, Economic Growth and CO2 Emission in G-20 Countries. Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi. 2019;7(1):347-353. doi:10.18506/anemon.453801
Chicago
Destek, Mehmet Akif, and İlyas Okumuş. 2019. “Biomass Energy Consumption, Economic Growth and CO2 Emission in G-20 Countries”. Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi 7 (1): 347-53. https://doi.org/10.18506/anemon.453801.
EndNote
Destek MA, Okumuş İ (February 1, 2019) Biomass Energy Consumption, Economic Growth and CO2 Emission in G-20 Countries. Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi 7 1 347–353.
IEEE
[1]M. A. Destek and İ. Okumuş, “Biomass Energy Consumption, Economic Growth and CO2 Emission in G-20 Countries”, Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi, vol. 7, no. 1, pp. 347–353, Feb. 2019, doi: 10.18506/anemon.453801.
ISNAD
Destek, Mehmet Akif - Okumuş, İlyas. “Biomass Energy Consumption, Economic Growth and CO2 Emission in G-20 Countries”. Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi 7/1 (February 1, 2019): 347-353. https://doi.org/10.18506/anemon.453801.
JAMA
1.Destek MA, Okumuş İ. Biomass Energy Consumption, Economic Growth and CO2 Emission in G-20 Countries. Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi. 2019;7:347–353.
MLA
Destek, Mehmet Akif, and İlyas Okumuş. “Biomass Energy Consumption, Economic Growth and CO2 Emission in G-20 Countries”. Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi, vol. 7, no. 1, Feb. 2019, pp. 347-53, doi:10.18506/anemon.453801.
Vancouver
1.Mehmet Akif Destek, İlyas Okumuş. Biomass Energy Consumption, Economic Growth and CO2 Emission in G-20 Countries. Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi. 2019 Feb. 1;7(1):347-53. doi:10.18506/anemon.453801

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