Scopus İndeksli Yayınlar Koleksiyonu

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

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Publisher: search.filters.publisher.Pergamon-Elsevier Science LtdSubject: search.filters.subject.Energy Consumption

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  • Article
    Citation - WoS: 204
    Citation - Scopus: 234
    The Relationship Between Economic Growth and Electricity Consumption From Renewable and Non-Renewable Sources: A Study of Turkey
    (Pergamon-Elsevier Science Ltd, 2015-12) Dogan, Eyup
    The main objective of this study is to analyze the short and long run estimates as well as the causality relationships between economic growth (GR), electricity consumption from renewable sources (RELC) and electricity consumption from non-renewable sources (NRELC) for Turkey in a multivariate model wherein capital (K) and labor (L) are included as additional variables. Using the autoregressive distributed lag (ARDL) approach to cointegration, the Johansen cointegration test and the Gregory-Hansen cointegration test with structural break, we show that GR, RELC, NRELC, K and L are cointegrated. Although NRELC has a long run positive effect on GR, the long run estimate of RELC is negative but insignificant at 5% level of significance. The Granger causality test based on the vector error correction model reveals the evidence of neutrality hypothesis between RELC and GR, and between NRELC and GR in Turkey in the short run. In addition, the Granger causality runs from RELC, NRELC, K and L to GR as well as from GR, RELC, K and L to NRELC in the long run, which supports the existence of growth hypothesis between RELC and GR, and feedback hypothesis between NRELC and GR in the long run. It is advised that policy makers in the Turkish government should continue to reduce the share of electricity consumption from renewable sources and encourage the usage of electricity from non-renewable sources to have sustainable long run growth rates. It is also essential to promote the investment projects to increase the efficiency of electricity generation from non-renewable sources. (C) 2015 Elsevier Ltd. All rights reserved.
  • Article
    Citation - WoS: 346
    Citation - Scopus: 388
    Exploring the Relationship Among CO2 Emissions, Real GDP, Energy Consumption and Tourism in the EU and Candidate Countries: Evidence From Panel Models Robust to Heterogeneity and Cross-Sectional Dependence
    (Pergamon-Elsevier Science Ltd, 2017-09) Dogan, Eyup; Aslan, Alper
    A major criticism to the existing energy-growth-environment literature, we notice, is the selection of methodology. Panel estimation techniques that fail to consider both heterogeneity and cross-sectional dependence across countries may cause forecasting errors. The other concern related to the literature is that only a small number of studies analyze the influence of tourism on CO2 emissions even though tourism sector has potential for affecting the environment. To fulfill the mentioned gaps in the literature, this study analyzes the relationship among carbon emissions, real income, energy consumption and tourism for a panel of the EU and candidate countries over the period 1995-2011 by using heterogeneous panel estimation techniques with cross-sectional dependence. Results from the CADF and the CIPS panel unit root tests show that the analyzed variables become stationary at their first-differences. The LM bootstrap panel cointegration test indicates the presence of a long run relationship among the analyzed variables. Results from the OLS with fixed effects, the FMOLS, the DOLS and the group-mean estimator reveal that energy consumption contributes to the level of emissions while real income and tourism mitigate CO2 emissions. The Emirmahmutoglu-Kose panel Granger causality test suggests that there is one-way causality running from tourism to carbon emissions, and two-way causality between CO2 emissions and energy consumption, and between real income and CO2 emissions. Policy implications are further discussed.