Renewable Energy, Environment and Economic Growth Nexus: An Empirical Analyses for Selected Countries

Abstract

The aim of this study is to examine the long run relationships between environmental pollution, renewable energy production and economic growth in pioneer countries on renewable energy production for 1992-2013 period by using dynamic panel data methods. Cross-sectional dependence test results indicate that there is an evidence of cross-section dependence for all variables and model. The results can be summarized as follows: i) There exists a cointegration relationship between nonstationary variables. ii) Renewable energy production has negative impact on the carbon emission. iii) Real GDP per capita has positive impact on carbon emission. The increase of renewable energy production is going to contribute to the solution of economic growth-environment conflict and reduction of environmental pollution in these countries.

Keywords

• Renewable Energy,Carbon Emissions,Energy Economics,Panel Data Analysis

Yenilenebilir Enerji, Çevre ve Ekonomik Büyüme İlişkisi: Seçilmiş Ülkeler için Ampirik Bir Analiz

Abstract

Bu çalışma, yenilenebilir enerji üretiminde dünya sıralamasında ilk beş içinde yer alan ülkeler için çevre kirliliği, yenilenebilir enerji üretimi ve gelir arasındaki uzun dönemli ilişkileri, dinamik panel veri yöntemleri kullanılarak 1992-2013 dönemi için incelemeyi amaçlamaktadır. Yatay kesit bağımlılık testi sonuçları, tüm değişkenler ve model için yatay kesit bağımlılığın olduğunu göstermektedir. Analiz sonuçları şu şekilde özetlenebilir: i) Durağan olmayan değişkenler arasında uzun dönemli bir ilişki mevcuttur. ii) Yenilenebilir enerji üretimi, çevre kirliliği üzerinde negatif bir etkiye sahiptir. iii) Kişi başı gelir, çevre kirliliği üzerinde pozitif etkiye sahiptir. İncelenen ülkelerde, yenilenebilir enerji üretiminin artışı, çevre kirliliğinin azaltılmasına ve iktisadi büyüme-çevre çatışmasının çözümüne katkıda bulunacaktır.

Keywords

• Yenilenebilir Enerji,Karbon Emisyonu,Enerji Ekonomisi,Panel Veri Analizi

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