İnvestigating the environmental Kuznets curve hypothesis in seven regions: The role of renewable energy
Yükleniyor...
Dosyalar
Tarih
2016
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
ELSEVIER SCIENCE BV
Erişim Hakkı
info:eu-repo/semantics/closeAccess
Özet
The aim of this research is to investigate how renewable energy consumption effects pollution and whether the relationship between income and pollution formulates the inverted U-shaped relationship which signals the existence of the environmental Kuznets curve (EKC). To realize the aims of this study, non-stationary panel data techniques were utilized to examine the seven selected regions. According to Pedroni and Fisher type cointegration tests, the variables were cointegrated. Moreover, the dynamic ordinary least square (DOLS) and the vector error correction model Granger causality revealed that renewable energy consumption has a significant negative effect on pollution in Central and Eastern Europe, Western Europe, East Asia and the Pacific, South Asia, and the Americas. However, the tests revealed that renewable energy consumption has no significant effect on pollution in the Middle East and North Africa and Sub-Saharan Africa. In addition, the results in general indicated that the existence of the EKC hypothesis is determined by the significance of the renewable energy consumption. Therefore, the EKC hypothesis was only found in the regions where their renewable energy has a significant correlation with pollution in both the short run and the long run. Furthermore, a number of policy recommendations were provided for the investigated regions.
Açıklama
WOS: 000388785300027
Anahtar Kelimeler
Renewable energy consumption, EKC Hypothesis, Dynamic Ols (dols), Granger Causality
Kaynak
Ecologıcal İndıcators
WoS Q Değeri
Q1
Scopus Q Değeri
Q1
Cilt
67
