The Relationship between CO2 Emission, Renewable Energy Consumption and Economic Growth in Emerging Market Economies

被引:0
|
作者
Dikmen, Arzu Tural [1 ]
Kara, Serap Bedir [2 ]
机构
[1] Ataturk Univ, IIBF, Iktisat Bolumu, Erzurum, Turkiye
[2] Erzurum Tekn Univ, IIBF, Iktisat Bolumu, Erzurum, Turkiye
来源
ESKISEHIR OSMANGAZI UNIVERSITESI IIBF DERGISI-ESKISEHIR OSMANGAZI UNIVERSITY JOURNAL OF ECONOMICS AND ADMINISTRATIVE SCIENCES | 2024年 / 19卷 / 02期
关键词
CO2; Emissions; Renewable Energy Consumption; Economic Growth; Konya Causality Test; GRANGER CAUSALITY ANALYSIS; NONRENEWABLE ENERGY; CARBON EMISSIONS; PANEL-DATA; OECD COUNTRIES; NEXUS EVIDENCE; GDP; MODEL;
D O I
10.17153/oguiibf.1346055
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this study, the causal relationship between CO2 emissions, renewable energy consumption, and economic growth for 19 emerging market economies during the period of 1990-2019 was examined using the Konya (2006) panel causality test, considering cross-sectional dependence and heterogeneity. According to the findings, the neutrality hypothesis is mostly valid in emerging market economies. Therefore, environmentally friendly policies that lead to lower CO2 emissions can be promoted as an alternative path without negatively affecting economic growth. In this regard, it is recommended to increase renewable energy investments through taxes and incentives while implementing more stringent and comprehensive global restrictions to reduce traditional energy dependence.
引用
收藏
页码:415 / 433
页数:19
相关论文
共 50 条