Journals / Siyaset, Ekonomi ve Yönetim Araştırmaları Dergisi / 2017 / Cilt: 5 - Sayı: 2

The Relationship Between CO2 Emission, Electricity Consumption and Economic Growth in G7 Countries

G7 Ülkelerinde CO2 Emisyonu, Elektrik Tüketimi ve Büyüme İlişkisi

Pages
257–272
Publication Date
2017-04-01
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

As a result of panel cointegration tests it is concluded that there is a cointegration relationship between CO2 emission, Gross Domestic Product GDP and electric consumption in G7 countries.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In this study, it is analyzed whether there is a relationship between CO2 emission, electric consumption and economic growth between the years 1980-2010 in G7 countries.
📊
Key Findings & Data:As a result of panel cointegration tests it is concluded that there is a cointegration relationship between CO2 emission, Gross Domestic Product GDP and electric consumption in G7 countries.
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Conclusion & Impact:Lastly, according to results of the Dumitrescu-Hurlin causality test it is ascertained that in G7 countries there is bidirectional causality between CO2 emission and GDP and between GDP and electric consumption and there is unidirectional causality from electric consumption towards CO2 emission.
🔬Design:Research Article
📍Scope:2010 Verileri
⚙️Variables:Sürdürülebilir Kalkınma · Enerji · Çevresel Kuznets Eğrisi

Abstract

In this study, it is analyzed whether there is a relationship between CO2 emission, electric consumption and economic growth between the years 1980-2010 in G7 countries. As a result of panel cointegration tests it is concluded that there is a cointegration relationship between CO2 emission, Gross Domestic Product GDP and electric consumption in G7 countries. Lastly, according to results of the Dumitrescu-Hurlin causality test it is ascertained that in G7 countries there is bidirectional causality between CO2 emission and GDP and between GDP and electric consumption and there is unidirectional causality from electric consumption towards CO2 emission.

Özet

Bu çalışmada, 1980-2010 yılları arasında G7 ülkelerinde CO2 emisyonu, elektrik tüketimi ve ekonomik büyüme arasında ilişki olup olmadığı analiz edilmiştir. Panel eşbütünleşme testleri sonucunda G7 ülkelerinde CO2 emisyonu, Gayri Safi Yurtiçi Hasıla GSYH ve elektrik tüketimi arasında eşbütünleşme ilişkisi olduğu sonucuna varılmıştır. Son olarak Dumitrescu-Hurlin nedensellik testi sonucuna göre, G7 ülkelerinde CO2 emisyonu ile GSYH ve GSYH ile elektrik tüketimi arasında çift yönlü, elektrik tüketiminden CO2 emisyonuna doğru tek yönlü nedensellik ilişkisi tespit edilmiştir.

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Cite This Article

ERGÜN, S., POLAT, M. A. (2017). The Relationship Between CO2 Emission, Electricity Consumption and Economic Growth in G7 Countries. Siyaset, Ekonomi ve Yönetim Araştırmaları Dergisi, Cilt: 5 - Sayı: 2, 257–272. https://ajindex.com/articles/173854

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