Renewable Energy Consumption and Economic Growth Relationship in Developing Countries

Fatma İdil Baktemur

doi:10.35674/kent.1349469

TR EN

Gelişmekte Olan Ülkelerde Yenilenebilir Enerji Tüketimi ve Ekonomik Büyüme İlişkisi

Öz

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.

Anahtar Kelimeler

yenilenebilir enerji , ekonomik büyüme , panel nedensellik , panel eşbütünleşme

Renewable Energy Consumption and Economic Growth Relationship in Developing Countries

Abstract

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.

Keywords

renewable energy , economic growth , panel causality , panel cointegration

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Details

Primary Language

English

Subjects

Ecology, Sustainability and Energy

Journal Section

Research Article

Authors

Fatma İdil Baktemur ^*
0000-0003-2455-5898
Türkiye

Publication Date

December 16, 2023

Submission Date

August 24, 2023

Acceptance Date

December 16, 2023

Published in Issue

Year 2023 Volume: 16 Number: 4

DOI

https://doi.org/10.35674/kent.1349469

IZ

https://izlik.org/JA85ZA86RA

APA

Baktemur, F. İ. (2023). Renewable Energy Consumption and Economic Growth Relationship in Developing Countries. Kent Akademisi, 16(4), 2779-2788. https://doi.org/10.35674/kent.1349469

Cited By

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Energies

https://doi.org/10.3390/en17112619

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