Revisiting the Environmental Kuznets Curve hypothesis in OECD countries: the role of renewable, non-renewable energy, and oil prices

2020 ◽  
Vol 27 (19) ◽  
pp. 23655-23663 ◽  
Author(s):  
Sinan Erdogan ◽  
Ilyas Okumus ◽  
Arif Eser Guzel
Keyword(s):  
Renewable Energy ◽  
Environmental Kuznets Curve ◽  
Oil Prices ◽  
Oecd Countries ◽  
Kuznets Curve ◽  
Environmental Kuznets Curve Hypothesis

scholarly journals Sustainable Economic Development and Greenhouse Gas Emissions: The Dynamic Impact of Renewable Energy Consumption, GDP, and Corruption

Energies ◽  
2019 ◽  
Vol 12 (17) ◽  
pp. 3289 ◽  
Author(s):  
Vasylieva ◽  
Lyulyov ◽  
Bilan ◽  
Streimikiene
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Greenhouse Gas ◽  
Environmental Kuznets Curve ◽  
Social Dimension ◽  
Kuznets Curve ◽  
Renewable Energy Consumption ◽  
Economic Dimension ◽  
Environmental Kuznets Curve Hypothesis

The paper investigates the relationships between economic, social, and environmental dimensions of sustainable development. GDP growth represents the main economic dimension, greenhouse gas (GHG) emissions and renewable energy consumption the environmental dimension, and corruption the social dimension of sustainable development. The investigation of these relationships is based on the concept of the Environmental Kuznets Curve hypothesis about the non-linear relationship between economic growth and environmental pollution. The authors used the panel data of EU countries and Ukraine for 2000–2016 years from the Eurostat database. The obtained results confirmed the Environmental Kuznets curve hypothesis for the EU and Ukraine. All the indicators were statistically significant at 1% and 5% levels. The findings proved that increasing renewable energy (RE) by 1% led to a decline of GHG in the interval (0.166103, 0.220551), and аn increase of the Control of Corruption Index by 1% provoked a decline of GHG by 0.88%. The conducted study enabled the authors to conclude that Ukraine needs to increase the GDP level per capita given the economy diversification and via the introduction of more effective and “clean” production technologies.

Sign in / Sign up

Export Citation Format

Share Document