TR
EN
THE EFFECTS OF ECONOMIC GROWTH, NATURAL RESOURCE RENT AND RENEWABLE ENERGY CONSUMPTİON ON THE LOAD CAPACITY FACTOR: A PANEL EMPIRICAL ANALYSIS ON SELECTED ASIAN COUNTRIES
Öz
The study intends to examine whether the factors including economic growth, natural resource rent and renewable energy consumption can contribute to enhance the load capacity factor which indicates the higher environmental sustainability in the economies. The study collected data for the period between 1990-2021. For empirical studies, the study applied several panel econometric methods including panel cross-sectional dependence test techniques, panel slope homogeneity test techniques, panel secondary unit-root test techniques, cointegration test techniques, panel quantile long-run estimation test techniques and panel causality techniques. The overall results indicated that economic growth, natural resource rent and renewable energy consumption are all environmentally friendly factors that can ensure both economic and environmental sustainability by enhancing the load capacity factor. The study also revealed that developed countries can help developing countries in the panel group to ensure environmental and economic sustainability. Furthermore, the results obtained from panel causality test techniques indicated the unidirectional causality relationship from economic growth to the load capacity factor and from the load capacity factor to natural resource rent, while the study indicates the bidirectional causality relationship between the load capacity factor and renewable energy consumption. The study ends with a conclusion of the overall findings obtained from the current study.
Anahtar Kelimeler
Kaynakça
- Akadiri, S. Saint, Ozkan, O., & Alola, A. A. (2025). Investigating the determinants of load capacity factor in Nigeria: An asymmetric quantile approach on urbanization, economic growth, FDI, and resource dependency. Resources Policy, 104. https://doi.org/10.1016/j.resourpol.2025.105586
- Awosusi, A. A., Adebayo, T. S., Kirikkaleli, D., Rjoub, H., & Altuntaş, M. (2024). Evaluating the determinants of load capacity factor in Japan: The impact of economic complexity and trade globalization. Natural Resources Forum, 48(3), 743–762. https://doi.org/10.1111/1477-8947.12334
- Baltagi, B. H., Feng, Q., & Kao, C. (2012). A Lagrange Multiplier test for cross-sectional dependence in a fixed effects panel data model. Journal of Econometrics, 170(1), 164–177. https://doi.org/10.1016/j.jeconom.2012.04.004
- Ben-Salha, O., Dachraoui, H., & Sebri, M. (2021). Natural resource rents and economic growth in the top resource-abundant countries: A PMG estimation. Resources Policy, 74. https://doi.org/10.1016/j.resourpol.2018.07.005
- Du, J., Yang, X., Long, D., & Xin, Y. (2024). Modelling the influence of natural resources and social globalization on load capacity factor: New insights from the ASEAN countries. Resources Policy, 91. https://doi.org/10.1016/j.resourpol.2024.104816 Dumitrescu, E. I., & Hurlin, C. (2012). Testing for Granger non-causality in heterogeneous panels. Economic Modelling, 29(4), 1450–1460. https://doi.org/10.1016/j.econmod.2012.02.014
- Erdogan, S., Pata, U. K., & Kartal, M. T. (2024). The effectiveness of geopolitical risk, load capacity factor, and urbanization on natural resource rent: Evidence from top ten oil supplier countries. Resources Policy, 96. https://doi.org/10.1016/j.resourpol.2024.105224
- Hammami, S., Bachegour, H., Samour, A., Dimnwobi, S. K., & Mati, S. (2025). Technological innovation, industrialization, natural resources and ecological quality: evidence from the load capacity factor. Discover Sustainability, 6(1). https://doi.org/10.1007/s43621-025-01074-3
- Hashem Pesaran, M., & Yamagata, T. (2008). Testing slope homogeneity in large panels. Journal of Econometrics, 142(1), 50–93. https://doi.org/10.1016/j.jeconom.2007.05.010
Ayrıntılar
Birincil Dil
İngilizce
Konular
Panel Veri Analizi , Çevre Ekonomisi, Doğal Kaynaklar Ekonomisi, Yeşil Ekonomi
Bölüm
Araştırma Makalesi
Yazarlar
Erken Görünüm Tarihi
18 Ekim 2025
Yayımlanma Tarihi
21 Ekim 2025
Gönderilme Tarihi
23 Eylül 2025
Kabul Tarihi
18 Ekim 2025
Yayımlandığı Sayı
Yıl 2025 Cilt: 5 Sayı: 2
APA
Rahman, M. N. (2025). THE EFFECTS OF ECONOMIC GROWTH, NATURAL RESOURCE RENT AND RENEWABLE ENERGY CONSUMPTİON ON THE LOAD CAPACITY FACTOR: A PANEL EMPIRICAL ANALYSIS ON SELECTED ASIAN COUNTRIES. Journal of Public Economy and Public Financıal Management, 5(2), 206-222. https://doi.org/10.71284/jpepfm.202526
AMA
1.Rahman MN. THE EFFECTS OF ECONOMIC GROWTH, NATURAL RESOURCE RENT AND RENEWABLE ENERGY CONSUMPTİON ON THE LOAD CAPACITY FACTOR: A PANEL EMPIRICAL ANALYSIS ON SELECTED ASIAN COUNTRIES. JPEPFM. 2025;5(2):206-222. doi:10.71284/jpepfm.202526
Chicago
Rahman, Mohammad Nadimur. 2025. “THE EFFECTS OF ECONOMIC GROWTH, NATURAL RESOURCE RENT AND RENEWABLE ENERGY CONSUMPTİON ON THE LOAD CAPACITY FACTOR: A PANEL EMPIRICAL ANALYSIS ON SELECTED ASIAN COUNTRIES”. Journal of Public Economy and Public Financıal Management 5 (2): 206-22. https://doi.org/10.71284/jpepfm.202526.
EndNote
Rahman MN (01 Ekim 2025) THE EFFECTS OF ECONOMIC GROWTH, NATURAL RESOURCE RENT AND RENEWABLE ENERGY CONSUMPTİON ON THE LOAD CAPACITY FACTOR: A PANEL EMPIRICAL ANALYSIS ON SELECTED ASIAN COUNTRIES. Journal of Public Economy and Public Financıal Management 5 2 206–222.
IEEE
[1]M. N. Rahman, “THE EFFECTS OF ECONOMIC GROWTH, NATURAL RESOURCE RENT AND RENEWABLE ENERGY CONSUMPTİON ON THE LOAD CAPACITY FACTOR: A PANEL EMPIRICAL ANALYSIS ON SELECTED ASIAN COUNTRIES”, JPEPFM, c. 5, sy 2, ss. 206–222, Eki. 2025, doi: 10.71284/jpepfm.202526.
ISNAD
Rahman, Mohammad Nadimur. “THE EFFECTS OF ECONOMIC GROWTH, NATURAL RESOURCE RENT AND RENEWABLE ENERGY CONSUMPTİON ON THE LOAD CAPACITY FACTOR: A PANEL EMPIRICAL ANALYSIS ON SELECTED ASIAN COUNTRIES”. Journal of Public Economy and Public Financıal Management 5/2 (01 Ekim 2025): 206-222. https://doi.org/10.71284/jpepfm.202526.
JAMA
1.Rahman MN. THE EFFECTS OF ECONOMIC GROWTH, NATURAL RESOURCE RENT AND RENEWABLE ENERGY CONSUMPTİON ON THE LOAD CAPACITY FACTOR: A PANEL EMPIRICAL ANALYSIS ON SELECTED ASIAN COUNTRIES. JPEPFM. 2025;5:206–222.
MLA
Rahman, Mohammad Nadimur. “THE EFFECTS OF ECONOMIC GROWTH, NATURAL RESOURCE RENT AND RENEWABLE ENERGY CONSUMPTİON ON THE LOAD CAPACITY FACTOR: A PANEL EMPIRICAL ANALYSIS ON SELECTED ASIAN COUNTRIES”. Journal of Public Economy and Public Financıal Management, c. 5, sy 2, Ekim 2025, ss. 206-22, doi:10.71284/jpepfm.202526.
Vancouver
1.Mohammad Nadimur Rahman. THE EFFECTS OF ECONOMIC GROWTH, NATURAL RESOURCE RENT AND RENEWABLE ENERGY CONSUMPTİON ON THE LOAD CAPACITY FACTOR: A PANEL EMPIRICAL ANALYSIS ON SELECTED ASIAN COUNTRIES. JPEPFM. 01 Ekim 2025;5(2):206-22. doi:10.71284/jpepfm.202526