EconPapers    
Economics at your fingertips  
 

The Relationship between Unemployment Rates and Renewable Energy Consumption: Evidence from Fourier ADL Cointegration Test

Veli Yilanci ()

Alphanumeric Journal, 2020, vol. 8, issue 1, 17-28

Abstract: Unemployment remains an unsolved problem for both developing and developed countries. Solving this problem is one of the important aims for policymakers. In this study, we try to answer the question that whether new energy technologies create new employment areas or not and help to solve unemployment problem. To this end, we use a recently introduced cointegration test that allows structural breaks whose number, location, and form do not affect the accuracy of the test, to examine the long - term relationship between unemployment rates and renewable energy consumption for selected countries of the Organisation for Economic Co-operation and Development (OECD). The results show that there is a cointegration relationship between the variables for Australia, Austria, Chile, France, Germany, Japan, Mexico, Portugal, Spain and United States. The results show that renewable energy consumption positively affects the unemployment rates for Austria, Portugal, and Spain, while it negatively affects the unemployment rates for Australia, Chile, France, Germany, and Japan.

Keywords: Fourier ADL Cointegration Test; Renewable Energy Consumption; Unemployment (search for similar items in EconPapers)
JEL-codes: E24 Q43 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.alphanumericjournal.com/media/Issue/vol ... wable-en_GIgh2fu.pdf (application/pdf)
http://alphanumericjournal.com/article/the-relatio ... -cointegration-test/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:anm:alpnmr:v:8:y:2020:i:1:p:17-28

DOI: 10.17093/alphanumeric.669380

Access Statistics for this article

More articles in Alphanumeric Journal from Bahadir Fatih Yildirim
Bibliographic data for series maintained by Bahadir Fatih Yildirim ().

 
Page updated 2020-09-09
Handle: RePEc:anm:alpnmr:v:8:y:2020:i:1:p:17-28