Economic growth and biomass consumption nexus: Dynamic panel analysis for sub-Sahara African countries

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dc.authoridOzturk, Ilhan -- 0000-0002-6521-0901; Bilgili, Faik -- 0000-0003-4138-6897
dc.contributor.authorÖztürk, İlhan
dc.contributor.authorBilgili, Faik
dc.date.accessioned12.07.201910:50:10
dc.date.accessioned2019-07-12T15:28:00Z
dc.date.available12.07.201910:50:10
dc.date.available2019-07-12T15:28:00Z
dc.date.issued2015
dc.departmentMeslek Yüksekokuluen_US
dc.descriptionWOS: 000348006700012en_US
dc.description.abstractThis paper investigates the long run dynamics of economic growth and biomass consumption nexus by applying dynamic panel analyses for 51 Sub-Sahara African countries for 1980-2009 period. The results show that economic growth is affected by biomass consumption, openness and population significantly and positively in African countries. GDP elasticity with respect to biomass consumption is close to unity and the elasticities of GDP in terms of openness are found statistically significant (between 0.259 and 0.348). According to homogeneous variance structure, one percent increase in variables of biomass, openness and population will lead GDP to increase by 1.818%, 0.269% and 0.676%, respectively. However, according to estimations from heterogeneous variance structure indicate that one percent increase in biomass, openness and population variables will cause GDP to increase by 0.820%, 0.259% and 0.811%, respectively. In conclusion, this paper finds significant effect of biomass consumption on GDP in 51 Africa countries.en_US
dc.identifier.doi10.1016/j.apenergy.2014.10.017
dc.identifier.endpage116en_US
dc.identifier.issn0306-2619
dc.identifier.issn1872-9118
dc.identifier.scopus2-s2.0-84908350936
dc.identifier.scopusqualityQ1
dc.identifier.startpage110en_US
dc.identifier.urihttps://doi.org/10.1016/j.apenergy.2014.10.017
dc.identifier.urihttps://hdl.handle.net/20.500.12507/581
dc.identifier.volume137en_US
dc.identifier.wosWOS:000348006700012
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherELSEVIER SCI LTDen_US
dc.relation.ispartofApplıed Energy
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectGDP Growthen_US
dc.subjectBiomass Consumptionen_US
dc.subjectPanel Dataen_US
dc.titleEconomic growth and biomass consumption nexus: Dynamic panel analysis for sub-Sahara African countries
dc.typeArticle

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