Scopus İndeksli Yayınlar Koleksiyonu
Permanent URI for this collectionhttps://hdl.handle.net/20.500.12573/395
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Article Citation - WoS: 211Citation - Scopus: 227The Roles of Technology and Kyoto Protocol in Energy Transition Towards COP26 Targets: Evidence From the Novel GMM-PVAR Approach for G-7 Countries(Elsevier Science inc, 2022-08) Dogan, Eyup; Chishti, Muhammad Zubair; Alavijeh, Nooshin Karimi; Tzeremes, Panayiotis; Karimi Alavijeh, NooshinThe investigation of the determinants of energy transition has become very attractive and popular due to the Sustainable Development Goals and COP26 targets. However, one shortcoming of the existing studies is the inability to understand the effects of technology and environmental policy to energy transition while the other criticism is the use of conventional techniques that do not handle the endogeneity issue. Thus, this study investigates the impacts of technology and Kyoto Protocol in addition to several control variables to energy transition by applying the novel econometric method of Sigmund and Ferstl (2021) on the annual data from 2000 to 2019 for G-7 countries. The empirical results confirm the positive and significant link between technology and energy transition, such that, a 1% rise in technology enhances the energy transition by 0.32%. Similarly, Kyoto Protocol has a significantly positive impact on energy transition. An explanation is that the Protocol is based on principles and policies that emphasize the advanced and industrialized economies to enhance the environmental quality by promoting the renewable energy resources and reducing the greenhouse gases. Furthermore, the G-7 authorities should start to provide subsidies to clean energy and technology-related investors and levy multiple disincentives (i.e., higher tax rates) on the industries deploying the conventional and polluting methods for energy production. Further policy implications are discussed in the study.Article Citation - Scopus: 404The Moderating Role of Renewable and Non-Renewable Energy in Environment-Income Nexus for Asean Countries: Evidence From Method of Moments Quantile Regression(Elsevier Ltd, 2021-02) Anwar, Ahsan; Siddique, Muhammad; Dogan, Eyup; Sharif, Arshian AslamA vast body of studies estimates the impact of energy consumption on the environment. A typical empirical study either use aggregate energy consumption or apply conventional econometric techniques in modelling the nexus of energy, income and environment. To correct these gaps, the objective of the study is to use renewable and non-renewable energy consumption in analyzing energy-income-environment nexus, and to apply the novel Method of Moments Quantile Regression for ASEAN countries. The outcomes indicate that non-renewable energy consumption stimulate carbon emissions across all quantiles (10th to 90th), the value of the 10th quantile is 0.257 which rises to 0.501 till 90th quantile. Whereas, the renewable energy consumption leads to a decrease in CO<inf>2</inf> emissions across all the quantiles (10th to 90th) but this association is statistically insignificant at higher quantiles from 60th to 90th. The empirical outcomes also verify the presence of the environmental Kuznets curve relationship, which is statistically significant from the middle (30th) to higher (90th) quantiles. Moreover, the finding of panel estimation approaches (FMOLS, DOLS, FE-OLS) also verify the existence of the EKC hypothesis in ASEAN countries. Their finding also describes that 1% increase in non-renewable energy consumption increase CO<inf>2</inf> emission by 0.29%, 0.26% and 0.30% whereas 1% increase in the usage of renewable energy reduces CO<inf>2</inf> emission by 0.17%, 0.15% and 0.17% in case of FMOLS, DOLS and FE-OLS respectively. The empirical results conclude that the government should encourage and subsidize the sources of green energy to tackle environmental degradation. More policy implications are further discussed in the study. © 2020 Elsevier B.V., All rights reserved.