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Journals / Journal of Life Economics / 2021 / Cilt: 8 - Sayı: 4

Analysis of the relationship between innovation, CO2 emission and renewable energy in Turkey

Selim İNANÇLI
Mustafa TORUSDAĞ
Pages
513–521
Publication Date
2021-10-31
DOI
—
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AI Summary & Key Takeaways

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

According to Bayer-Hanck (2012) cointegration test, it was concluded that the variables are cointegrated in the long run.

📌 3 Key Takeaways

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Objective & Hypothesis:Due to rapid technological development and increase in economic activities, environmental problems such as global warming and climate change, CO2 emission, environmental pollution are among significant global issues.
📊
Key Findings & Data:In this study, the relationship between innovation, CO2 emissions and renewable energy for the 1990-2019 period for Turkey was examined and analyzed with Bayer-Hanck (2012) cointegration test together with Toda-Yamamoto (1995) and Hacker-Hatemi-J (2006) causality tests.
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Conclusion & Impact:According to Bayer-Hanck (2012) cointegration test, it was concluded that the variables are cointegrated in the long run.
🔬Design:Research Article
📍Scope:2019 Verileri
⚙️Variables:Innovation · Co2 Emissions · Renewable Energy

Abstract

Due to rapid technological development and increase in economic activities, environmental problems such as global warming and climate change, CO2 emission, environmental pollution are among significant global issues. In recent years, Eco-innovations, which are intended to benefit the environment and contribute to environmental sustainability, bring energy by saving technology, adding a new dimension to the concept of innovation as well as bringing its environmentalist face to the fore. In this study, the relationship between innovation, CO2 emissions and renewable energy for the 1990-2019 period for Turkey was examined and analyzed with Bayer-Hanck (2012) cointegration test together with Toda-Yamamoto (1995) and Hacker-Hatemi-J (2006) causality tests. According to Bayer-Hanck (2012) cointegration test, it was concluded that the variables are cointegrated in the long run. In line with the overlapping findings of the causality analyses of Toda Yamamoto (1995) and Hacker-Hatemi-J (2006), it was concluded that there is a one-way causality relationship from CO2 emissions to renewable energy consumption.

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Cite This Article

İNANÇLI, S., TORUSDAĞ, M. (2021). Analysis of the relationship between innovation, CO2 emission and renewable energy in Turkey. Journal of Life Economics, Cilt: 8 - Sayı: 4, 513–521. https://ajindex.com/articles/866220

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