Araştırma Makalesi

Renewable Energy Consumption and Economic Growth Relationship in Developing Countries

Cilt: 16 Sayı: 4 16 Aralık 2023
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Renewable Energy Consumption and Economic Growth Relationship in Developing Countries

Öz

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.

Anahtar Kelimeler

Kaynakça

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  5. Azam, A., Rafiq, M., Shafique, M., Zhang, H., & Yuan, J. (2021). Analyzing the Effect of Natural Gas, Nuclear Energy and Renewable Energy on GDP and Carbon Emissions: A Multi-Variate Panel Data Analysis. Energy, 219, 119592. doi:10.1016/j. energy.2020.119592
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  7. Baz, K., Cheng, J., Xu, D., Abbas, K., Ali, I., Ali, H. & Fang, C. (2021). Asymmetric Impact of Fossil Fuel and Renewable Energy Consumption on Economic Growth: A Nonlinear Technique. Energy, 226, 120357. doi:10.1016/j.energy. 2021.120357
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Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekoloji, Sürdürülebilirlik ve Enerji

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

16 Aralık 2023

Gönderilme Tarihi

24 Ağustos 2023

Kabul Tarihi

16 Aralık 2023

Yayımlandığı Sayı

Yıl 2023 Cilt: 16 Sayı: 4

Kaynak Göster

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
AMA
1.Baktemur Fİ. Renewable Energy Consumption and Economic Growth Relationship in Developing Countries. Kent Akademisi. 2023;16(4):2779-2788. doi:10.35674/kent.1349469
Chicago
Baktemur, Fatma İdil. 2023. “Renewable Energy Consumption and Economic Growth Relationship in Developing Countries”. Kent Akademisi 16 (4): 2779-88. https://doi.org/10.35674/kent.1349469.
EndNote
Baktemur Fİ (01 Aralık 2023) Renewable Energy Consumption and Economic Growth Relationship in Developing Countries. Kent Akademisi 16 4 2779–2788.
IEEE
[1]F. İ. Baktemur, “Renewable Energy Consumption and Economic Growth Relationship in Developing Countries”, Kent Akademisi, c. 16, sy 4, ss. 2779–2788, Ara. 2023, doi: 10.35674/kent.1349469.
ISNAD
Baktemur, Fatma İdil. “Renewable Energy Consumption and Economic Growth Relationship in Developing Countries”. Kent Akademisi 16/4 (01 Aralık 2023): 2779-2788. https://doi.org/10.35674/kent.1349469.
JAMA
1.Baktemur Fİ. Renewable Energy Consumption and Economic Growth Relationship in Developing Countries. Kent Akademisi. 2023;16:2779–2788.
MLA
Baktemur, Fatma İdil. “Renewable Energy Consumption and Economic Growth Relationship in Developing Countries”. Kent Akademisi, c. 16, sy 4, Aralık 2023, ss. 2779-88, doi:10.35674/kent.1349469.
Vancouver
1.Fatma İdil Baktemur. Renewable Energy Consumption and Economic Growth Relationship in Developing Countries. Kent Akademisi. 01 Aralık 2023;16(4):2779-88. doi:10.35674/kent.1349469

Cited By

Kent Akademisi | Kent Kültürü ve Yönetimi Dergisi / Urban Academy | Journal of Urban Culture and Management

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