Measuring the impact of alternative and nuclear energy consumption, carbon dioxide emissions and oil rents on specific growth factors in the panel of Latin American countries

dc.authoridOzturk, Ilhan -- 0000-0002-6521-0901
dc.contributor.authorÖztürk, İlhan
dc.date.accessioned12.07.201910:50:10
dc.date.accessioned2019-07-12T15:27:52Z
dc.date.available12.07.201910:50:10
dc.date.available2019-07-12T15:27:52Z
dc.date.issued2017
dc.departmentMeslek Yüksekokuluen_US
dc.descriptionWOS: 000409285200007en_US
dc.description.abstractstudy examines the impact of alternative and nuclear energy consumption (NE), fossil fuel energy consumption (FFUEL), carbon dioxide emissions (CO2) and oil rent (OILRENT) on economic growth (GDPPC) and foreign direct investment (FDI) in the panel of nine Latin American countries, for the period of 1975-2013. The result of pooled seemingly unrelated regression (SUR) indicates the importance of NE, FFUEL and CO2 emissions that positively contributed to increasing GDP per capita, while oil rents fail to promote economic growth in the region. Similar results have been obtained with the FDI in which the role of energy sources amplified the foreign investment on the cost of CO2 emissions in the region. With respect to individual countries, CO2 emissions exert the positive association with the GDP per capita of Argentina, Bolivia, Brazil, Chile, Colombia, and Peru, while, NE significantly increases GDP per capita of Colombia, Peru and Venezuela. Fossil fuel energy consumption increases along with the increase in GDP per capita in Bolivia, Chile, Colombia, and Venezuela, however, it decreases the economic growth of Argentina and Peru respectively. Oil rents have a negative relationship with GDP per capita of Argentina, while it possesses significant and positive impact in Ecuador and Venezuela. Finally, the panel causality tests confirmed the following four causality hypothesis in between the different variables i.e., feedback hypothesis, energy conservation hypothesis, growth hypothesis and neutrality hypothesis, both in the short and long-run.en_US
dc.identifier.doi10.1016/j.pnucene.2017.05.030
dc.identifier.endpage81en_US
dc.identifier.issn0149-1970
dc.identifier.scopus2-s2.0-85020290302
dc.identifier.scopusqualityQ1
dc.identifier.startpage71en_US
dc.identifier.urihttps://doi.org/10.1016/j.pnucene.2017.05.030
dc.identifier.urihttps://hdl.handle.net/20.500.12507/508
dc.identifier.volume100en_US
dc.identifier.wosWOS:000409285200007
dc.identifier.wosqualityQ2
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherPergamon-elsevıer Scıence Ltd.en_US
dc.relation.ispartofProgress ın Nuclear Energy
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closeAccessen_US
dc.subjectAlternative and Nuclear Energyen_US
dc.subjectConsumptionen_US
dc.subjectFossil Fuel Energy Consumptionen_US
dc.subjectCarbon dioxide Emissionsen_US
dc.subjectOil Rentsen_US
dc.subjectLatin American Countriesen_US
dc.titleMeasuring the impact of alternative and nuclear energy consumption, carbon dioxide emissions and oil rents on specific growth factors in the panel of Latin American countries
dc.typeArticle

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