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dc.contributor.authorBhattacharya, Mita
dc.contributor.authorParamati, Sudharshan Reddy
dc.contributor.authorÖztürk, İlhan
dc.contributor.authorBhattacharya, Sankar
dc.date.accessioned12.07.201910:50:10
dc.date.accessioned2019-07-12T15:27:56Z
dc.date.available12.07.201910:50:10
dc.date.available2019-07-12T15:27:56Z
dc.date.issued2016
dc.identifier.issn0306-2619
dc.identifier.issn1872-9118
dc.identifier.urihttps://doi.org/10.1016/j.apenergy.2015.10.104
dc.identifier.urihttps://hdl.handle.net/20.500.12507/547
dc.descriptionWOS: 000367631000067en_US
dc.description.abstractThis research aims to investigate the effects of renewable energy consumption on the economic growth of major renewable energy consuming countries in the world. Using the Renewable Energy Country Attractiveness Index developed by the Ernst & Young Global Limited, we choose 38 top renewable energy consuming countries to explain the growth process between 1991 and 2012. With panel estimation techniques, our findings establish cross-sectional dependence and heterogeneity across the countries. We confirm the evidence of long-run dynamics between economic growth, and traditional and energy-related inputs. Findings from long-run output elasticities indicate that renewable energy consumption has a significant positive impact on the economic output for 57% of our selected countries. For robustness, we also carried out time-series analyses of long-run output elasticities. Our findings suggest that governments, energy planners, international cooperation agencies and associated bodies must act together in increasing renewable energy investment for low carbon growth in most of these economiesen_US
dc.language.isoengen_US
dc.publisherELSEVIER SCI LTDen_US
dc.relation.isversionof10.1016/j.apenergy.2015.10.104en_US
dc.rightsinfo:eu-repo/semantics/closeAccessen_US
dc.subjectRenewable Energyen_US
dc.subjectGDP Growthen_US
dc.subjectFMOLSen_US
dc.subjectHeterogeneous Panelen_US
dc.subjectRenewable Energy Country Attractivenessen_US
dc.subjectIndexen_US
dc.subjectLow-Carbon Economiesen_US
dc.titleThe effect of renewable energy consumption on economic growth: Evidence from top 38 countriesen_US
dc.typearticleen_US
dc.relation.journalApplıed Energyen_US
dc.contributor.departmentMeslek Yüksekokuluen_US
dc.contributor.authorIDOzturk, Ilhan -- 0000-0002-6521-0901; Bhattacharya, Mita -- 0000-0002-4483-2189; Bhattacharya, Sankar -- 0000-0002-7590-6814; Paramati, Sudharshan Reddy -- 0000-0002-7958-9668en_US
dc.identifier.volume162en_US
dc.identifier.startpage733en_US
dc.identifier.endpage741en_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US


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