Sustainable Growth in Turkey: The Role of Trade Openness, Financial Development, and Renewable Energy Use

2018 ◽  
pp. 435-455 ◽  
Author(s):  
Ali Ari ◽  
Raif Cergibozan
Keyword(s):  
Renewable Energy ◽  
Financial Development ◽  
Energy Use ◽  
Trade Openness ◽  
Sustainable Growth

scholarly journals Improving ICT and renewable energy for environmental sustainability in sub-Saharan Africa

2020 ◽  
Vol 2 (3) ◽  
pp. 82-90
Author(s):  
Kabiru Maji Ibrahim ◽  
Salisu Ibrahim Waziri
Keyword(s):  
Renewable Energy ◽  
Co2 Emissions ◽  
Environmental Sustainability ◽  
Energy Use ◽  
Trade Openness ◽  
Generalized Method Of Moments ◽  
Sub Saharan Africa ◽  
Information And Communication ◽  
Sub Saharan

The study investigates the role of information and communication technology (ICT) and renewable energy on environmental sustainability in sub-Saharan Africa. The system generalized method of moments (GMM) was employed to estimate data of 45 sub-Saharan countries that cover the 2008 -2016 period. Result reveals that increasing ICT penetration and renewable energy use reduce CO2 emissions and improves environmental sustainability. Economic growth and population growth also mitigate CO2 emissions while education and trade openness have a neutral impact. These findings imply that increasing penetration of ICT facilities and renewable energy in the region will promote inclusive environmental sustainability. The interactive estimation of ICT variables was further considered to determine net effects and the ICT threshold that is relevant for policy implication.

scholarly journals Natural resources and CO2 emissions nexus: Sustainable development path for South Asian countries

2021 ◽  
Author(s):  
Usman Mehmood ◽  
Keyword(s):  
Renewable Energy ◽  
Sri Lanka ◽  
Natural Resources ◽  
Co2 Emissions ◽  
South Asian ◽  
Energy Use ◽  
Trade Openness ◽  
Kuznets Curve ◽  
Asian Countries

The rapid deterioration of the environment has attracted the world’s attention to find the determinants of carbon dioxide (CO2) emissions. In this line, many studies have probed the factors affecting CO2 emissions but the role of natural resources has been overlooked significantly. Therefore, this study attempts to fill this gap by investigating the role of natural resources in CO2 emissions in four South Asian countries over the annual period of 1990-2019. Other variables of trade openness, renewable energy, energy use and gross domestic product (GDP) were also included in the model. Findings of the autoregressive-distributed lag (ARDL) method reveal that natural resources reduce CO2 emissions in Pakistan and India. The abundance of natural resources, increases CO2 emissions in Bangladesh. This association was not found significant in Sri Lanka. Moreover, this research confirmed Environmental Kuznets curve (EKC) in Pakistan, India, Bangladesh and Sri Lanka. Renewable energy is reducing CO2 emissions in these countries. Therefore, natural resources are essential to reduce CO2 emissions in Pakistan and India. Bangladesh needs to utilize its natural resources efficiently to improve air quality.

The Role of Renewable Energy Sources in a Sustainable World

1992 ◽  
Vol 3 (4) ◽  
pp. 430-443 ◽  
Author(s):  
Ruud Pleune
Keyword(s):  
Renewable Energy ◽  
Energy Conservation ◽  
Fossil Fuels ◽  
Energy Use ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
World Energy ◽  
World Concept

Present energy use - largely dependent on fossil fuels - is incompatible with the sustainable world concept. In a sustainable world, energy sources are renewable and used in a way that damage to the environment is minimalized. This study investigates the possibility of a sustainable world using renewable energy sources. It appears that - when strict energy conservation is applied - such a sustainable world seems to be attainable. This requires, however, drastic changes in most parts of society.

scholarly journals The Impact of Economic Growth, Trade Openness and Technological Progress on Renewable Energy Use in Organization for Economic Co-Operation and Development Countries

2021 ◽  
Author(s):  
Md. Mahmudul Alam ◽  
Wahid Murad
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Least Squares ◽  
Technological Progress ◽  
Energy Use ◽  
Trade Openness ◽  
Oecd Countries ◽  
Ordinary Least Squares ◽  
Short Term

This study investigates the short-term and long-term impacts of economic growth, trade openness and technological progress on renewable energy use in Organization for Economic Co-operation and Development (OECD) countries. Based on a panel data set of 25 OECD countries for 43 years, we used the autoregressive distributed lag (ARDL) approach and the related intermediate estimators, including pooled mean group (PMG), mean group (MG) and dynamic fixed effect (DFE) to achieve the objective. The estimated ARDL model has also been checked for robustness using the two substitute single equation estimators, these being the dynamic ordinary least squares (DOLS) and fully modified ordinary least squares (FMOLS). Empirical results reveal that economic growth, trade openness and technological progress significantly influence renewable energy use over the long-term in OECD countries. While the long-term nature of dynamics of the variables is found to be similar across 25 OECD countries, their short-term dynamics are found to be mixed in nature. This is attributed to varying levels of trade openness and technological progress in OECD countries. Since this is a pioneer study that investigates the issue, the findings are completely new and they make a significant contribution to renewable energy literature as well as relevant policy development.

scholarly journals The Impact of Financial Development On The Clean Energy Transition In MENA Region: The Role of Institutional And Political Factors.

2021 ◽  
Author(s):  
Haifa Saadaoui
Keyword(s):  
Renewable Energy ◽  
Financial Development ◽  
Energy Transition ◽  
Transition Process ◽  
Clean Energy ◽  
Mena Region ◽  
Political Factors ◽  
Long Run ◽  
The Impact

Abstract This study focuses on the role of institutional factors as well as financial development in renewable energy transition in Middle East and North Africa (MENA) region over the period 1990-2018 using the ARDL PMG method. The investigation of long-run and short-run analysis confirms that institutional and political factors play a key role in promoting the transition to renewable energy, and shows that improving these factors can lead to decarbonization of the energy sector in the long run. Another important finding is that global financial development does not have a significant effect on the transition process in the long run, implying that the whole financial system needs a fundamental structural change to accelerate the substitution between polluting and clean energies. However, in the short term, the impact appears to be negative and significant, highlighting the inadequacy of financial institutions and financial markets in promoting the region’s sustainable path. Moreover, income drives the transition to renewable energy in both short and long term. The causality results show that both financial development and institutional quality lead to renewable energy transition, while there is a bidirectional link between income and renewable energy.This study can provide a very useful recommendation to promote a clean transition in the MENA region.

The moderating role of informal economy on financial development induced ekc hypothesis in turkey

2022 ◽  
pp. 0958305X2110707
Author(s):  
Baris Memduh Eren ◽  
Salih Katircioglu ◽  
Korhan K. Gokmenoglu
Keyword(s):  
Financial Development ◽  
Informal Economy ◽  
Structural Breaks ◽  
Energy Use ◽  
Well Being ◽  
Supporting Evidence ◽  
Interaction Variables ◽  
The Impact ◽  
Moderating Role

This study conducts an empirical investigation about the moderating role of the informal economy on Turkey's environmental performance by employing advanced econometric techniques that account numerous structural breaks in series. In this extent, we created three interaction variables by captivating the impact of informal economic activities on CO2 emissions through income, energy use, and financial sector development. Besides, we built a main effect model without the interaction variables to assess the direct effects of our variables on global environmental degradation. The outcomes of the carried analyses produced supporting evidence toward the confirmation of the Environmental Kuznets Curve (EKC) assumption. Obtained findings shown that energy use, financial development and the informal economy in Turkey transmit a deteriorating impact on environmental well-being. Furthermore, the moderating role of the informal economy was found to be statistically significant factor in terms of both economic and environmental efficiency.

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