Biofuel, sustainability, and forest indicators' nexus in the panel generalized method of moments estimation: evidence from 12 developed and developing countries

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dc.authoridOzturk, Ilhan -- 0000-0002-6521-0901
dc.contributor.authorÖztürk, İlhan
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.departmentMeslek Yüksekokuluen_US
dc.descriptionWOS: 000372318600014en_US
dc.description.abstractThis study examines the interrelationship between biofuel consumption and production and several national-scale indicators of socioeconomic and environmental sustainability by using the functional form of the Solow growth model. Panel data ranging from 2000 to 2013 has been used for 12 distinct countries by employing the Panel Generalized Method of Moments (PGMM) technique. The results show that growth factors have a positive impact on biofuel consumption while environmental indicators increase along with the increasing use of biofuels. Potential habitant areas (represented by the forest indicators) are influenced by biofuel consumption. More specifically, as biofuels decrease the arable land in hectares, it also decreases the rate of forest depletion. The results show that GDP per unit of energy used and the amount of forest area are significantly correlated with higher biofuel production while the labor force participation rate significantly decreases biofuel production in the region. There is a significant and negative relationship between net forest depletion and biofuel production. The cause and effect relationship between the variables is estimated through the panel causality Wald exogeniety test. The results indicate a unidirectional causality running from GDP per capita to biofuel consumption and from biofuel consumption to fossil fuel energy consumption. While there is bidirectional causality between GDP per capita and biofuel production in the region, the results emphasize the role of biofuel consumption and production in devising strong policy options for escalating economic growth, a carbon-free economy, and the preservation of biodiversity in a region.en_US
dc.identifier.doi10.1002/bbb.1628
dc.identifier.endpage163en_US
dc.identifier.issn1932-104X
dc.identifier.issn1932-1031
dc.identifier.issue2en_US
dc.identifier.scopus2-s2.0-84960476896
dc.identifier.scopusqualityQ2
dc.identifier.startpage150en_US
dc.identifier.urihttps://doi.org/10.1002/bbb.1628
dc.identifier.urihttps://hdl.handle.net/20.500.12507/541
dc.identifier.volume10en_US
dc.identifier.wosWOS:000372318600014
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherWILEY-BLACKWELLen_US
dc.relation.ispartofBıofuels Bıoproducts & Bıorefınıng-Bıofpr
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectBiofuels Consumptionen_US
dc.subjectPiofuels Productionen_US
dc.subjectSustainability İndicatorsen_US
dc.subjectGrowth Factorsen_US
dc.subjectForest İndicatorsen_US
dc.subjectPanel GMMen_US
dc.subjectGranger Causalityen_US
dc.titleBiofuel, sustainability, and forest indicators' nexus in the panel generalized method of moments estimation: evidence from 12 developed and developing countries
dc.typeArticle

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