Assessing links between energy consumption, freight transport, and economic growth: evidence from dynamic simultaneous equation models

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dc.authoridOzturk, Ilhan -- 0000-0002-6521-0901
dc.contributor.authorNasreen, Samia
dc.contributor.authorSaidi, Samir
dc.contributor.authorÖztürk, İlhan
dc.date.accessioned12.07.201910:50:10
dc.date.accessioned2019-07-12T15:27:51Z
dc.date.available12.07.201910:50:10
dc.date.available2019-07-12T15:27:51Z
dc.date.issued2018
dc.departmentMeslek Yüksekokuluen_US
dc.descriptionWOS: 000435961300052en_US
dc.descriptionPubMed: 29619637en_US
dc.description.abstractWe investigate this study to examine the relationship between economic growth, freight transport, and energy consumption for 63 developing countries over the period of 1990-2016. In order to make the panel data analysis more homogeneous, we apply the income level of countries to divide the global panel into three sub-panels, namely, lower-middle income countries (LMIC), upper-middle income countries (UMIC), and high-income countries (HIC). Using the generalized method of moments (GMM), the results prove evidence of bidirectional causal relationship between economic growth and freight transport for all selected panels and between economic growth and energy consumption for the high- and upper-middle income panels. For the lower-middle income panel, the causality is unidirectional running from energy consumption to economic growth. Also, the results indicate that the relationship between freight transport and energy use is bidirectional for the high-income countries and unidirectional from freight transport to energy consumption for the upper-middle and lower-middle income countries. Empirical evidence demonstrates the importance of energy for economic activity and rejects the neo-classical assumption that energy is neutral for growth. An important policy recommendation is that there is need of advancements in vehicle technology which can reduce energy intensity from transport sector and improve the energy efficiency in transport activity which in turn allows a greater positive role of transport in global economic activity.en_US
dc.identifier.doi10.1007/s11356-018-1760-5
dc.identifier.endpage16841en_US
dc.identifier.issn0944-1344
dc.identifier.issn1614-7499
dc.identifier.issue17en_US
dc.identifier.pmid29619637
dc.identifier.scopus2-s2.0-85044943676
dc.identifier.scopusqualityQ1
dc.identifier.startpage16825en_US
dc.identifier.urihttps://doi.org/10.1007/s11356-018-1760-5
dc.identifier.urihttps://hdl.handle.net/20.500.12507/495
dc.identifier.volume25en_US
dc.identifier.wosWOS:000435961300052
dc.identifier.wosqualityQ2
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.indekslendigikaynakPubMed
dc.language.isoen
dc.publisherSprınger Heıdelbergen_US
dc.relation.ispartofEnvıronmental Scıence and Pollutıon Research
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectEnergy Consumptionen_US
dc.subjectFreight Transporten_US
dc.subjectEconomic Growthen_US
dc.subjectDynamic Simultaneous Equation Modelsen_US
dc.titleAssessing links between energy consumption, freight transport, and economic growth: evidence from dynamic simultaneous equation models
dc.typeArticle

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