The influence of economic growth, urbanization, trade openness, financial development, and renewable energy on pollution in Europe

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dc.authoridOzturk, Ilhan -- 0000-0002-6521-0901; Al-mulali, Usama -- 0000-0001-6431-7873; Lean, Hooi Hooi -- 0000-0002-6847-0274
dc.contributor.authorAl-Mulali, Usama
dc.contributor.authorÖztürk, İlhan
dc.contributor.authorLean, Hooi Hooi
dc.date.accessioned12.07.201910:50:10
dc.date.accessioned2019-07-12T15:27:58Z
dc.date.available12.07.201910:50:10
dc.date.available2019-07-12T15:27:58Z
dc.date.issued2015
dc.departmentMeslek Yüksekokuluen_US
dc.descriptionWOS: 000361060500033en_US
dc.description.abstractThis study investigates the influence of disaggregated renewable electricity production by source on CO2 emission in 23 selected European countries for the period of 1990-2013. Panel data techniques were used in examining the relationships. The Pedroni cointegration results indicated that CO2 emission, GDP growth, urbanization, financial development, and renewable electricity production by source were cointegrated. Moreover, the fully modified ordinary least-square results revealed that GDP growth, urbanization, and financial development increase CO2 emission in the long run, while trade openness reduces it. Furthermore, renewable electricity generated from combustible renewables and waste, hydroelectricity, and nuclear power have a negative long-run effect on CO2 emission, while renewable electricity generated from solar power and wind power is insignificant. The VECM Granger causality also revealed that GDP growth is the only variable that has causal effects on CO2 emission in all the investigated models, while the rest of the variables have causal effects on CO2 emission in only a few models. A number of policy recommendations were provided for the European countries.en_US
dc.identifier.doi10.1007/s11069-015-1865-9
dc.identifier.endpage644en_US
dc.identifier.issn0921-030X
dc.identifier.issn1573-0840
dc.identifier.issue1en_US
dc.identifier.scopus2-s2.0-84941419297
dc.identifier.scopusqualityQ1
dc.identifier.startpage621en_US
dc.identifier.urihttps://doi.org/10.1007/s11069-015-1865-9
dc.identifier.urihttps://hdl.handle.net/20.500.12507/566
dc.identifier.volume79en_US
dc.identifier.wosWOS:000361060500033
dc.identifier.wosqualityQ2
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherSPRINGERen_US
dc.relation.ispartofNatural Hazards
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectEuropean Countriesen_US
dc.subjectPollutionen_US
dc.subjectRenewable Electricity Productionen_US
dc.subjectPanel Data Analysisen_US
dc.titleThe influence of economic growth, urbanization, trade openness, financial development, and renewable energy on pollution in Europe
dc.typeArticle

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