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Journals / Uluslararası Yönetim İktisat ve İşletme Dergisi / 2022 / Cilt: 18 - Sayı: 1

GREEN ECONOMIC GROWTH AND RENEWABLE ENERGY CONSUMPTION: EMPIRICAL EVIDENCE FROM EMERGING COUNTRIES

YÜKSELEN EKONOMİLERDE YEŞİL EKONOMİK BÜYÜME PERFORMANSININ BELİRLEYİCİLERİNİN ANALİZİ: YENİLENEBİLİR ENERJİ TÜKETİMİNİN ROLÜ

Sedat ALATAŞ
Pages
1–14
Publication Date
2022-03-31
DOI
—
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AI Summary & Key Takeaways

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

The findings reveal important policy implications for achieving green economic growth in emerging economies.

📌 3 Key Takeaways

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Objective & Hypothesis:This paper examines the relationship between energy consumption and green economic growth for 21 emerging countries over the period 1993-2015 by controlling the impact of trade openness, technological development, and urbanization.
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Key Findings & Data:We obtain that the impact of renewable energy consumption on green economic growth is statistically significant and negative in emerging countries.
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Conclusion & Impact:The findings reveal important policy implications for achieving green economic growth in emerging economies.
🔬Design:Research Article
📍Scope:2015 Verileri
⚙️Variables:Yeşil Ekonomik Büyüme · Yenilenebilir Enerji · Panel Veri

Abstract

This paper examines the relationship between energy consumption and green economic growth for 21 emerging countries over the period 1993-2015 by controlling the impact of trade openness, technological development, and urbanization. The empirical evidence is based on the cointegration tests and mean group estimators, which address the issue of heterogeneity and cross-sectional dependence. We obtain that the impact of renewable energy consumption on green economic growth is statistically significant and negative in emerging countries. It means that the use of renewable energy is far from stimulating sustainable economic growth in these countries. The findings reveal important policy implications for achieving green economic growth in emerging economies.

Özet

Bu çalışma yenilenebilir enerji tüketimi ile yeşil ekonomik büyüme arasındaki ilişkiyi 1993-2015 dönemi ve 21 yükselen ülke için ticari açıklığın, teknolojik gelişmenin ve kentleşmenin etkisini kontrol ederek incelemektedir. Ampirik inceleme heterojenlik ve yatay-kesit bağımlılığına karşı sağlam sonuçlar üreten eşbütünleşme testlerine ve ortalama grup tahmincilerine dayanmaktadır. Elde edilen sonuçlar yenilenebilir enerji tüketiminin yeşil ekonomik büyüme üzerindeki etkisinin yükselen ekonomiler için istatistiki olarak anlamlı ve negatif olduğunu göstermektedir. Bu bağlamda, yenilenebilir enerji tüketiminin bu ülkelerde sürdürülebilir ekonomik büyüme teşvik etmekten uzaktır. Çalışmadan elde edilen bulgular, yükselen ekonomilerde yeşil ekonomik büyümeye ulaşmak için önemli politika önerileri ortaya koymaktadır.

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Cite This Article

ALATAŞ, S. (2022). GREEN ECONOMIC GROWTH AND RENEWABLE ENERGY CONSUMPTION: EMPIRICAL EVIDENCE FROM EMERGING COUNTRIES. Uluslararası Yönetim İktisat ve İşletme Dergisi, Cilt: 18 - Sayı: 1, 1–14. https://ajindex.com/articles/386011

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