Research Article

Analysis of the relationship between innovation, CO2 emission and renewable energy in Turkey

Volume: 8 Number: 4 October 31, 2021
  • Selim İnançlı *
  • Mustafa Torusdağ

Analysis of the relationship between innovation, CO2 emission and renewable energy in Turkey

Abstract

Due to rapid technological development and increase in economic activities, environmental problems such as global warming and climate change, CO2 emission, environmental pollution are among significant global issues. In recent years, Eco-innovations, which are intended to benefit the environment and contribute to environmental sustainability, bring energy by saving technology, adding a new dimension to the concept of innovation as well as bringing its environmentalist face to the fore. In this study, the relationship between innovation, CO2 emissions and renewable energy for the 1990-2019 period for Turkey was examined and analyzed with Bayer-Hanck (2012) cointegration test together with Toda-Yamamoto (1995) and Hacker-Hatemi-J (2006) causality tests. According to Bayer-Hanck (2012) cointegration test, it was concluded that the variables are cointegrated in the long run. In line with the overlapping findings of the causality analyses of Toda Yamamoto (1995) and Hacker-Hatemi-J (2006), it was concluded that there is a one-way causality relationship from CO2 emissions to renewable energy consumption.

Keywords

References

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Details

Primary Language

English

Subjects

Economics

Journal Section

Research Article

Authors

Selim İnançlı * This is me
0000-0002-7363-6216
Türkiye

Mustafa Torusdağ This is me
0000-0002-8839-0562
Türkiye

Publication Date

October 31, 2021

Submission Date

September 18, 2021

Acceptance Date

October 17, 2021

Published in Issue

Year 2021 Volume: 8 Number: 4

APA
İnançlı, S., & Torusdağ, M. (2021). Analysis of the relationship between innovation, CO2 emission and renewable energy in Turkey. Journal of Life Economics, 8(4), 513-521. https://izlik.org/JA42WX94YE
AMA
1.İnançlı S, Torusdağ M. Analysis of the relationship between innovation, CO2 emission and renewable energy in Turkey. JLECON. 2021;8(4):513-521. https://izlik.org/JA42WX94YE
Chicago
İnançlı, Selim, and Mustafa Torusdağ. 2021. “Analysis of the Relationship Between Innovation, CO2 Emission and Renewable Energy in Turkey”. Journal of Life Economics 8 (4): 513-21. https://izlik.org/JA42WX94YE.
EndNote
İnançlı S, Torusdağ M (October 1, 2021) Analysis of the relationship between innovation, CO2 emission and renewable energy in Turkey. Journal of Life Economics 8 4 513–521.
IEEE
[1]S. İnançlı and M. Torusdağ, “Analysis of the relationship between innovation, CO2 emission and renewable energy in Turkey”, JLECON, vol. 8, no. 4, pp. 513–521, Oct. 2021, [Online]. Available: https://izlik.org/JA42WX94YE
ISNAD
İnançlı, Selim - Torusdağ, Mustafa. “Analysis of the Relationship Between Innovation, CO2 Emission and Renewable Energy in Turkey”. Journal of Life Economics 8/4 (October 1, 2021): 513-521. https://izlik.org/JA42WX94YE.
JAMA
1.İnançlı S, Torusdağ M. Analysis of the relationship between innovation, CO2 emission and renewable energy in Turkey. JLECON. 2021;8:513–521.
MLA
İnançlı, Selim, and Mustafa Torusdağ. “Analysis of the Relationship Between Innovation, CO2 Emission and Renewable Energy in Turkey”. Journal of Life Economics, vol. 8, no. 4, Oct. 2021, pp. 513-21, https://izlik.org/JA42WX94YE.
Vancouver
1.Selim İnançlı, Mustafa Torusdağ. Analysis of the relationship between innovation, CO2 emission and renewable energy in Turkey. JLECON [Internet]. 2021 Oct. 1;8(4):513-21. Available from: https://izlik.org/JA42WX94YE