Scopus İndeksli Yayınlar Koleksiyonu

Permanent URI for this collectionhttps://hdl.handle.net/20.500.12573/395

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  • Article
    Citation - Scopus: 22
    Transition Towards the Sustainable Development: Unraveling the Effects of Mineral Markets, Belt & Road Initiative, and the Paris Agreement on Green Economic Growth
    (Elsevier Ltd, 2024-04) Xia, Xiqiang; Chishti, Muhammad Zubair; Dogan, Eyup
    The Agenda 2030 strongly emphasizes implementing effective and equitable measures to address the urgent challenge of global warming, primarily driven by unsustainable fossil-fuel combustion, and one of its core focuses is Sustainable Development Goal (SDG) – 8, among others. In light of this, the recent article aims to explore the dynamic nexus between minerals (MNR), the Belt and Road Initiative (BRI), the Paris Agreement (PA), green technologies (GT), and green growth, with a specific focus on developing a policy framework for advancing SDG – 8. The study utilizes daily data and advanced econometric tools such as QVAR, Cross-quantileogram, and wavelet-quantile correlation to examine the diverse effects of these factors on green growth across various time horizons. The short-run analysis reveals that MNR, BRI, and GT discourage green growth under most market conditions, except for a few quantiles that exhibit positive or insignificant relationships. In the medium run, impacts are mixed, with both positive and negative effects observed. However, in the long run, MNR, BRI, and GT consistently demonstrate favorable effects on green growth. For PA, short and medium-run effects are mixed, but medium-run results indicate a predominantly positive impact on green growth. In the long run, PA significantly benefits green growth across the majority of market conditions. Overall, the diversified results suggest that minerals, BRI, the Paris Agreement, and green technologies play a crucial role in stimulating green growth to achieve SDG - 8 in the long term. © 2024 Elsevier B.V., All rights reserved.
  • Article
    Citation - WoS: 174
    Citation - Scopus: 193
    The Significance of Renewable Energy Use for Economic Output and Environmental Protection: Evidence From the Next 11 Developing Economies
    (Springer Heidelberg, 2017-04-08) Paramati, Sudharshan Reddy; Sinha, Avik; Dogan, Eyup
    Increasing economic activities in developing economies raise demand for energy mainly sourced from conventional sources. The consumption of more conventional energy will have a significant negative impact on the environment. Therefore, attention of policy makers has recently shifted towards the promotion of renewable energy generation and uses across economic activities to ensure low carbon economy. Given the recent scenario, in this paper, we aim to examine the role of renewable energy consumption on the economic output and CO2 emissions of the next fastest developing economies of the world. The study employs several robust panel econometric models by using annual data from 1990 to 2012. Empirical findings confirm the significant long-run association among the variables. Similarly, results show that renewable energy consumption positively contributes to economic output and has an adverse effect on CO2 emissions. Given our findings, we suggest policy makers of those economies to initiate further effective policies to promote more renewable energy generation and uses across economic activities to ensure sustainable economic development.
  • Article
    Citation - WoS: 347
    Citation - Scopus: 388
    The Influence of Renewable and Non-Renewable Energy Consumption and Real Income on CO2 Emissions in the USA: Evidence From Structural Break Tests
    (Springer Heidelberg, 2017-03-14) Dogan, Eyup; Ozturk, Ilhan
    The objective of this study is to explore the influence of the real income (GDP), renewable energy consumption and non-renewable energy consumption on carbon dioxide (CO2) emissions for the United States of America (USA) in the environmental Kuznets curve (EKC) model for the period 1980-2014. The Zivot-Andrews unit root test with a structural break and the Clemente-Montanes-Reyes unit root test with a structural break report that the analyzed variables become stationary at first-differences. The Gregory-Hansen cointegration test with a structural break and the bounds testing for cointegration in the presence of a structural break show CO2 emissions, the real income, the quadratic real income, renewable and non-renewable energy consumption are cointegrated. The long-run estimates obtained from the ARDL model indicate that increases in renewable energy consumption mitigate environmental degradation whereas increases in non-renewable energy consumption contribute to CO2 emissions. In addition, the EKC hypothesis is not valid for the USA. Since we use time-series econometric approaches that account for structural break in the data, findings of this study are robust, reliable and accurate. The US government is advised to put more weights on renewable sources in energy mix, to support and encourage the use and adoption of renewable energy and clean technologies, and to increase the public awareness of renewable energy for lower levels of emissions.
  • Article
    Citation - WoS: 103
    Citation - Scopus: 127
    The Impacts of Organizational Green Culture and Corporate Social Responsibility on Employees' Responsible Behaviour Towards the Society
    (Springer Heidelberg, 2022-04-12) Abbas, Jawad; Dogan, Eyup
    Corporate social responsibility (CSR) initiatives and organizational green culture (OGC) play a significant role in developing organizations and society. However, the extent to which these activities encourage organizational employees to act socially responsible outside their workplace is yet to be explored. This study uses the Operant conditioning theory to examine the effect of OGC and CSR activities on employees' responsible behaviour towards the society (ERBS) outside their organizations. To collect data, we focused on employees of public and private manufacturing and services firms and analysed it using the structural equation modelling (SEM) technique). It is found that OGC and CSR activities significantly reshape employees' behaviour, and they tend to behave in a socially responsible manner in society. Moreover, the relationship between OGC and ERBS' is partially mediated by CSR. It is also found that female workers tend to behave more socially responsibly than male workers. This study suggests that firms should adopt a green culture and CSR practices since it promotes socially responsible behaviour (a better citizen) among their employee, which is essential for a sustainable society.
  • Article
    Citation - WoS: 440
    Citation - Scopus: 474
    The Impact of Economic Structure to the Environmental Kuznets Curve (EKC) Hypothesis: Evidence from European Countries
    (Springer Heidelberg, 2020-02-01) Dogan, Eyup; Inglesi-Lotz, Roula
    The purpose of this study is to examine the role of economic structure of European countries into testing the Environmental Kuznets Curve (EKC) hypothesis for European countries for the period 1980 to 2014. This study is inspired by the work of Lin et al. (J Clean Prod 133:712-724, 2016), which made the first effort to investigate the phenomenon looking only at African countries. The main finding of the study is that the overall economic growth is the factor with which CO2 emissions exhibit an inverted U-shaped relationship in the studied country group. On the contrary, when using their industrial share as a proxy to capture the countries' economic structure, the EKC hypothesis is not confirmed - but a U-shaped relationship is confirmed. The industrial share decreases emissions through the development and absorption of technologies that are energy efficient and environmental friendly. The EKC hypothesis is confirmed when the aggregate GDP growth is considered, taking into account the improvement of the overall economic conditions of the countries regardless of the economic structure and role of industrialization.
  • Article
    Citation - WoS: 86
    Citation - Scopus: 101
    The Analysis of 'Financial Resource Curse' Hypothesis for Developed Countries: Evidence from Asymmetric Effects With Quantile Regression
    (Elsevier Sci Ltd, 2020-10) Dogan, Eyup; Altinoz, Buket; Tzeremes, Panayiotis
    A vast body of literature either proxies natural resource abundance with total rents or focuses on the natural resource curse hypothesis. Furthermore, most empirical studies in the literature use traditional estimation methods. To fill the mentioned gaps, this study investigates the financial resource curse hypothesis by using the linkage between financial development and four natural resource rents (oil rents, coal rents, forest rents and natural gas rents) and applying the panel quantile regression with fixed effects on a dataset for a group of developed countries. This study finds that oil rents, coal rents, forest rents and natural gas rents have a positive effect on financial development, which supports financial resource blessing against financial resource curse for developed countries. In addition, a robust examination is conducted by applying the Canay two-step framework. The outcomes verify the main findings although the incremental effect on financial development of forest rents is greater than the other three proxies. This situation can be described as critical for the sustainability of developments related to natural resource rents in financial development and new set of suggestions can be made for policymakers.
  • Book Part
    Citation - WoS: 5
    Citation - Scopus: 4
    Single-Country Versus Multiple-Country Studies
    (Academic Press Ltd-Elsevier Science Ltd, 2019) Aslan, Alper; Dogan, Eyup; Altinoz, Buket
  • Article
    Citation - WoS: 56
    Citation - Scopus: 59
    Revisiting the Nexus of Financialization and Natural Resource Abundance in Resource-Rich Countries: New Empirical Evidence from Nine Indices of Financial Development
    (Elsevier Sci Ltd, 2020-12) Dogan, Eyup; Madaleno, Mara; Altinoz, Buket
    A great number of studies in the literature that estimates the impact of natural resource abundance on financial development proxies financialization with either domestic credit to the private sector or market capitalization of domestic companies. However, these proxies do not fully respond to the complicated structure of financial development. To fill the gaps in the existing literature, nine indices of financial development proposed by IMF are used in the links with natural resource abundance in resource-rich countries for the years 1980-2017. This study reveals reliable and robust empirical results by employing both traditional and second-generation econometric techniques for the dataset. First, the financial resource curse hypothesis is confirmed for the panel of resource-rich economies because natural resources have negative effects on each of the nine indices. Second, the negative impact of the abundance of natural resources on financialization decreases towards high quantile levels. Last, natural resource abundance has a greater negative impact on financial markets than financial institutions when indices of financial markets are compared to indices of financial institutions. Policy implications are further discussed in this study.
  • Article
    Citation - WoS: 41
    Citation - Scopus: 43
    Re-Estimating the Interconnectedness Between the Demand of Energy Consumption, Income, and Sustainability Indices
    (Springer Heidelberg, 2019-07-10) Ozcan, Burcu; Tzeremes, Panayiotis; Dogan, Eyup
    In this study, we analyze the time-varying causality linkages between energy consumption, economic growth, and environmental degradation in 33 Organization for Economic Co-operation and Development countries, spanning the period 2000 to 2013. The curve causality approach provides evidence of a significant environmental Kuznets curve in 25 countries in the case of the ecological footprint and in 23 countries in the case of the Environmental Performance Index. However, out of them, only Italy, Slovakia, and South Korea have traditional environmental Kuznets curve, in the form of an inverted U-shaped curve. For the remaining countries, different forms of curves are valid. In particular, an N-shaped curve appears to be valid between income and environmental degradation for nearly half of the sample, i.e., for Austria, Belgium, Chile, Estonia, Finland, France, Germany, Hungary, Luxembourg, Netherlands, Sweden, Switzerland, New Zealand, Turkey, and the USA. Additionally, bidirectional causality relationships are confirmed among all covariates in most countries. In view of the results, some crucial policy implications would be suggested, such as sustainable development that aims to make a balance between economic growth and environmental protection.
  • Article
    Citation - WoS: 49
    Citation - Scopus: 64
    Green Environment in the EU Countries: The Role of Financial Inclusion, Natural Resources and Energy Intensity
    (Elsevier Sci Ltd, 2023-05) Hodzic, Sabina; Sikic, Tanja Fatur; Dogan, Eyup
    The European Union pursues the European Green Deal strategy as well as Sustainable Development Goals, the main target of which is to become a carbon-neutral continent by 2050. Hence, a lot of environmental challenges need to be solved. Possible determinants in mitigating environmental challenges are financial inclusion, natural resources and interaction with a green environment. This concept implies preserving natural resources and a clean environment for future generations. However, there is still no clear evidence in the literature on how natural resources and financial inclusion interact with the green environment in the EU. Therefore, this paper aims at filling this gap. In order to obtain empirical results, the quantile regression econometric technique proposed by Koenker has been applied. The analyzed period was from 2004 to 2019 for EU-26 countries. The results show that higher energy intensity is the main cause of environmental degradation. However, financial inclusion in higher quantiles and natural resources rent lead to a reduction in carbon emissions. Our results also confirm that the EU has succeeded in decoupling economic growth from pollution. The robustness of the results was checked using a Powell's quantile regression, which confirmed the relationship between a green environ-ment and the variables analyzed. Thus, the results suggest that financial inclusion needs to be more integrated into energy and climate policies, especially in the early stages of development. In addition, large-scale green investments are needed in EU countries to further reduce energy intensity and create an effective green environment.