The investigation of environmental Kuznets curve hypothesis in the advanced economies: The role of energy prices

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dc.authoridOzturk, Ilhan -- 0000-0002-6521-0901; Al-mulali, Usama -- 0000-0001-6431-7873
dc.contributor.authorAl-Mulali, Usama
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: 000367758200123en_US
dc.description.abstractThe aim of this research is to examine the effect of energy prices on pollution and investigate the existence of environmental Kuznets curve (EKC) hypothesis in 27 advanced economies. The panel non-stationary techniques were used to examine the selected economies taking the period of 1990-2012. The panel Kao and Fisher cointegration results showed that CO2 emission (CO2), gross domestic product (GDP), renewable energy consumption (RE), non-renewable energy consumption (NR), trade openness (TD), urbanization (UR), and energy prices (PC) are cointegrated. Moreover, the panel fully modified ordinary least square and the vector error correction Granger causality results revealed that GDP, NR, and UR increase CO2 emission while RE, TD, and PC reduce it. Furthermore, the inverted U-shaped relationship between GDP and CO2 emission was confirmed which signifies the presence of the EKC hypothesis. From the obtained results, multiple policy implications were provided for the investigated countries to help them control and reduce air pollution without harming their economic growth and development.en_US
dc.identifier.doi10.1016/j.rser.2015.10.131
dc.identifier.endpage1631en_US
dc.identifier.issn1364-0321
dc.identifier.scopus2-s2.0-84946782411
dc.identifier.scopusqualityQ1
dc.identifier.startpage1622en_US
dc.identifier.urihttps://doi.org/10.1016/j.rser.2015.10.131
dc.identifier.urihttps://hdl.handle.net/20.500.12507/545
dc.identifier.volume54en_US
dc.identifier.wosWOS:000367758200123
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherPergamon-elsevıer scıence ltden_US
dc.relation.ispartofRenewable & Sustaınable Energy Revıews
dc.relation.publicationcategoryDiğeren_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectCO2 emissionen_US
dc.subjectEnergy Pricesen_US
dc.subjectEKC Hypothesisen_US
dc.subjectAdvanced economiesen_US
dc.titleThe investigation of environmental Kuznets curve hypothesis in the advanced economies: The role of energy prices
dc.typeReview Article

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