G20 Ülkeleri Arasında Yenilenebilir Enerji Tüketiminin Threshold Etkileri: TAR Yaklaşımında Doğrusal ve Doğrusal Olmayan Asimtotik ve Bootstrap Testi
Yıl 2015,
Sayı: 609, 73 - 85, 01.11.2015
İbrahim Doğan
Nurgün Topallı
Nadide Sevil Halici Tülüce
Öz
Yenilenebilir enerji ve ekonomik büyüme arasındaki ilişki iktisat yazınında en cazip konulardan biridir. Bu çalışmanın amacı, doğrusal olmayan panel veri çatısında iki rejimli TAR modelini kullanarak 1970-2013 döneminde G20 ülkelerinde 10 farklı panel grubunu araştırmaktır. Literatürde, sınırlı sayıda parametrik olmayan teknik kullanılarak yapılan çalışma bulunmaktadır. Tahminler doğrusal ve doğrusal olmayan analize göre sonuçların değişebileceğini göstermektedir. Doğrusal model son kırk yılda bu ülkelerde yakınsamayı yansıtmaktadır. Doğrusal olmayan sonuçlar her iki rejimde de mutlak yakınsamayı göstermektedir.Melikşah
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Threshold Effects of Renewable Energy Consumption Among the G20 Countries: Asymptotic and Bootstrap Test for Linearity and Non-linearity in a TAR Approach
Yıl 2015,
Sayı: 609, 73 - 85, 01.11.2015
İbrahim Doğan
Nurgün Topallı
Nadide Sevil Halici Tülüce
Öz
The relationship between renewable energy and economic growth is one of the most attractive subjects in economic literature. The purpose of this study is to investigate ten different panel data sets for G20 countries in the 1970- 2013 period using TAR models with two regimes used for panel-data in a non-linear framework. In the literature, there is a limited number of studies using non-parametric techniques. The estimates indicate that the results may change according to the linear and nonlinear analysis. The linear model indicates that these countries have been converging during the last fourthly decades. The result of the nonlinear model is absolute convergence under both regimes
Kaynakça
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- Countries’, Energy Economics, 32, pp.604–608. ADOM, P.K.; (2011), “Electricity Consumption-economic
- Growth Nexus: The Ghanaian Case”, International Journal of Energy Economics and Policy, 1, pp. 18-31. AJMI, A.N., G.E. MONTASSER, and D.K. NGUYEN; (2013)
- “Testing The Relationships Between Energy Consumption and Income in G7 Countries with Nonlinear Causality Tests”, Eco- nomic Modelling, 35, pp.126-133. APERGIS, N. and J.E. PAYNE; (2009), “Energy consumption and economic growth: Evidence from the Commonwealth of
- Independent States”, Energy Economics, 31(5),pp. 641–647. APERGIS, N.,J.E. PAYNE, K. MENYAH, and Y.WOLDE-RU- FAEL; (2010), “On The Causal Dynamics Between Emissions
- Nuclear Energy, Renewable Energy, and Economic Growth” Ecological Economics, 69, pp. 2255-2260.
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- Consumption and Economic Growth: Evidence from A Panel of OECD Countries”, Energy Policy, 38, pp. 656-660. APERGIS, N.; Payne, JE.; (2010b), “Renewable energy con- sumption and growth in Eurasia”, Energy Economics. 32, pp. 1397.
- APERGIS, N., and J.E. PAYNE; (2014), “Renewable Energy
- Output, CO2 Emissions, and Fosil Fuel Prices in Central Amer- ica: Evidence from A Nonlinear Panel Smooth Transition Vector Error Correction Model”, Energy Economics, 42, pp. 226-232. ASUFE-ADJAYE, J.; (2000), “The Relationship Between En- ergy Consumption, Energy Prices and Economic Growth: Time
- Series Evidence from Asian Developing Countries”, Energy Economics, 22, pp. 615-625. AZLINA, A.A., and N.H.N. MUSTAPHA; (2012), “Energy, Eco- nomic Growth and Pollutant Emissions Nexus: The Case of
- Malaysia”, Procedia - Social and Behavioral Sciences, 65, pp.1-7
- BAUMOL, W.J.; (1986), “Productivity Growth, Convergence, and Welfare: What The Long-Run Data Show”, The American Economic Review, 76(5), pp. 1072-1085.
- BARANZINI, A., S.WEBER, M. BAREIT, and N.A MATHYS; (2013), “The Causal Relationship Between Energy Use and Economic Growth in Switzerland”, Energy Economics, 36, pp.464-470.
- BAUMOL, W.J., and E.N. WOLFF; (1988), “Productivity Growth, Convergence, and Welfare: Reply”, American Eco- nomic Review, 78(5), pp. 1155-59.
- BARRO, R.J., and X. SALA-I MARTIN; (1991), “Convergence Across States and Regions”, Brookings Papers on Economic Activity Economic Studies Program, 22(1), pp. 107-182. BARRO, R.J., and X. SALA-I MARTIN; (1995), “Technological
- Diffusion Convergence and Growth”, NBER Working Paper, BERNARD, A.B., and N.S. DURLAUF; (1996), “Interpreting tests of the convergence hypothesis”, Journal of Econometrics, , pp. 161-173.
- BEYAERT, A., and M. CAMACHO; (2008), “TAR Panel Unit
- Root Tests and Real Convergence: An Application to The EU Enlargement Process”, Review of Development Economics, , pp. 668–81. BILGILI, F.; (2012), “Linear and Nonlinear TAR Panel Unit Root
- Analyses for Solid Biomass Energy Supply of European Coun- tries”, Renewable and Sustainable Energy Reviews, 16, pp. 6781.
- BOWDEN, N., and J.E. PAYNE; (2009), “The Causal Relation- ship Between U.S. Energy Consumption and Real Output: A
- Disaggregated Analysis”, Journal of Policy Modeling, 31, pp. 188. CARLINO, G., and L. MILLS; (1993), “Testing Neoclassical
- Convergence in Regional Incomes and Earnings”, Federal Re- serve Bank of Philadelphia Working Papers, 93, 22. CARRION-SILVESTRE, J.; L.T. DEL BARRI-CASTRO,and E. LOPEZ-BAZO; (2005), “Breaking The Panels: An Application to
- The GDP Per Capita”, Econometrics Journal, 8, pp. 159-175. CHANG, T.H., C.M. HUANG, and M.C. LEE; (2009), “Thresh- old Effect of The Economic Growth Rate on The Renewable
- Energy Development from A Change in Energy Price: Evidence from OECD Countries”, Energy Policy, 37, pp. 5796-5802.
- CHANG, C.C.; (2010), “A Multivariate Causality Test of Car- bon Dioxide Emissions, Energy Consumption and Economic Growth in China”, Applied Energy, 87, pp. 3533–3537.
- CHEUNG, Y.W., and A.G. PASCUAL; (2004), “Market Struc- ture, Technology Spillovers and Persistence in Productivity
- Differentials”, International Journal of Applied Economics, 1(1), pp. 1-23. CHIEN, T. and J.L. HU; (2008), “Renewable Energy: An Ef- ficient Mechanism to Improve GDP”, Energy Policy, 36, pp. 3052.
- CHIOU-WEI, S.Z., C. CHEN, and Z. ZHU; (2008), “Economic
- Growth and Consumption Revisited- Evidence from Linear and Nonlinear Granger Causality”, Energy Economics, 30, pp. 3076.
- DAMETTE, O., and M. SEGHIR; (2013), ‘Energy as a driver of growth in oil exporting countries?’ Energy Economics, 37, pp.193-199.
- DERGIADES, T., G. MARTINOPOULOS, and L. TSOULFIDIS; (2013), “Energy Consumption and Economic Growth: Para- metric and Non-parametric Causality Testing for The Case of
- Greece”, Energy Economics, 36, pp. 686-697. ERDAL, G., H. ERDAL, and K. ESENGUN; (2008), “The Cau- sality Between Energy Consumption and Economic Growth in
- Turkey”, Energy Policy, 36, pp. 3838-3842.
- EVANS, P., and G. KARRAS; (1996), “Do Economies Con- verge? Evidence from a Panel of U.S. States”, The Review of
- Economics and Statistics, 78(3), pp. 384-88. FANG, Y.; (2011), “Economic Welfare Impacts From Renew- able Energy Consumption: The China Experience”, Renewable and Sustainable Energy Reviews, 15, pp. 5120-5128.
- FUNK, M., and J. STRAUSS; (2003), “Panel Tests of Stochas- tic Convergence: TFP Transmission Within Manufacturing In- dustries”, Economics Letters, 78(3), pp. 365-371.
- HONDROYIANNIS, G., S. LOLOS, E. PAPPETROU; (2002)
- “Energy Consumption and Economic Growth: Assessing The Evidence from Greece”, Energy Economics, 24, pp. 319-336. HU, X., and X. LIN; (2013), “A Study of the Relationship Be- tween Electricity Consumption and GDP Growth in Hainan In- ternational Tourism Island of China”, Research in World Econ- omy, 4, pp. 109-115.
- HUANG, B., M.J. HWANG, and C.W. YANG; (2008), “Does
- More Energy Consumption Bolster Economic Growth? An Ap- plication of The Nonlinear Threshold Regression Model”, En- ergy Policy, 36, pp. 755-767. JAMIL, F., and E. AHMAD; (2010), “The Relationship Between
- Electricity Consumption, Electricity Prices and GDP in Paki- stan”, Energy Policy, 38, pp. 6016-6025.
- JOBERT, T., and F. KARANFIL; (2007), “Sectoral Energy Con- sumption by Source and Economic Growth in Turkey”, Energy Policy, 35, pp. 5447-5456.
- KALITA, M., and A.K. TIWARI; (2012), “Testing Income Con- vergence: Evidence from Indian States Using Panel Linear and Nonlinear Unit Root Tests”, Economic Research Guardian
- Weissberg Publishing, 2(1), pp. 60-69. KRAFT, J., and A. KRAFT; (1978), “On The Relationship Be- tween Energy and GNP”, Journal of Energy and Development, , pp. 267-285.
- KOUAKOU, A.K.; (2011), “Economic Growth and Electric- ity Consumption in Cote d'Ivoire: Evidence from Time Series Analysis”, Energy Policy, 39, pp. 3638-3644.
- LEVIN, A., and C. F. LIN; (1992), “Unit Root Test in Panel Data
- Asymptotic and Finite Sample Properties”, University of Califor- nia at San Diego Discussion Paper, pp. 92-93. LISE, W., and K.V. MONTFORT; (2007), “Energy Consumption and GDP in Turkey: Is There a Cointegration Relationship?” Energy Economics, 29, pp. 1166-1178.
- MADDALA, G.S., and S. WU; (1999), “A Comparative Study of
- Unit Root Tests with Panel Data and New Simple Test”, Oxford Bulletin of Economics and Statistics Special issue, pp. 631- MANDAL,S.K., and S. MADHESWARA; (2010), “Causality Be- tween Energy Consumption and Output Growth in The Indian
- Cement Industry: An Application of The Panel Vector Error Cor- rection Model (VECM)”, Energy Policy, 38, pp. 2911-2915.
- MASIH, A.M.M., and R. MASIH; (1996), “Energy Consump- tion, Real Income and Temporal Causality: Result from a Multi- country Study Based on Cointegration and Error-correction
- Modeling Techniques”, Energy Economics, 18, pp. 165-183. MAZBAHUL, G.A., and A.K.M, NAZRUL; (2011), “Electricity
- Consumption and Economic Growth Nexus in Bangladesh: Revisited Evidences’, Energy Policy, 39, pp. 6145–6150
- MENEGAKI, A.N.; (2011), “Growth and Renewable Energy in
- Europe: A Random Effect Model with Evidence for Neutrality Hypothesis”, Energy Economics, 33, pp. 257-263. MENSAH, J.; (2014), “Carbon Emissions, Energy Consump- tion and Output: Threshold Analysis on The Causal Dynamics in Emerging African Economies”, Energy Policy, 70, pp. 172
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