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Yenilenebilir Enerji Tüketimi İle Ekonomik Büyüme Arasındaki İlişki: G-20 Ülkeleri

İbrahim Bakirtaş and Mümin Atalay Çeti̇n

Sosyoekonomi Journal, 2016, issue 24(28)

Abstract: The main purpose of this study is to determine the effects of an increase in real income per capita on renewable energy consumption per capita during 1992 and 2010. The panel cointegration analysis results of this study points out the existence of a long run relationship among renewable energy consumption and economic growth for G-20 countries. Afterwards the direction of this long run relationship is estimated by panel model estimators. In this regard it is found that 1% increase in real GDP per capita causes a 0,56%, 79% and 0,59% increase in renewable energy consumption per capita respectively for POLS, REM and FGLS analysis. According to the ECM results, renewable energy consumption per capita increases while real GDP per capita rises in the long term for approximately 33% of the sample.

Keywords: Environmental Kuznets Curve; Panel Data Analysis; G-20 Countries; Renewable Energy; Economic Growth. (search for similar items in EconPapers)
JEL-codes: Q43 Q50 Q56 Q57 (search for similar items in EconPapers)
Date: 2016
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