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

dc.authoridErdogan, Sinan/0000-0003-3491-8234
dc.authoridGuzel, Arif Eser/0000-0001-5072-9527
dc.contributor.authorErdogan, Sinan
dc.contributor.authorOkumus, Ilyas
dc.contributor.authorGuzel, Arif Eser
dc.date.accessioned2024-09-18T20:16:58Z
dc.date.available2024-09-18T20:16:58Z
dc.date.issued2020
dc.departmentHatay Mustafa Kemal Üniversitesien_US
dc.description.abstractEnvironment-economic growth nexus is one of the main concerns of the researchers in the modern era. Although there are several studies in this field, discussions are far from being reached a consensus. The main purpose of this study is to investigate the role of economic growth, renewable and non-renewable energy consumption, oil prices, and trade openness on CO2 emissions in 25 Organization for Economic Co-operation and Development (OECD) countries over the period 1990-2014. We provide a comparative panel data evidence using both the first- and second-generation estimation methods. The Fully Modified Ordinary Least Squares (FMOLS) and Dynamic Ordinary Least Squares (DOLS) estimations indicate that the Environmental Kuznets Curve (EKC) hypothesis is valid in OECD countries. However, the Augmented Mean Group (AMG) estimator revealed that the EKC hypothesis is invalid. The AMG estimator is a second-generation estimator and provides robust results under cross-sectional dependence compared to the first-generation methods; therefore, the EKC hypothesis is invalid. Our additional findings show that rising renewable energy consumption and oil prices mitigate CO2 emissions while non-renewable energy consumption increases it according to all estimators. No significant relationship is found between trade openness and CO2 emissions.en_US
dc.identifier.doi10.1007/s11356-020-08520-x
dc.identifier.endpage23663en_US
dc.identifier.issn0944-1344
dc.identifier.issn1614-7499
dc.identifier.issue19en_US
dc.identifier.pmid32297114en_US
dc.identifier.scopus2-s2.0-85083843563en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage23655en_US
dc.identifier.urihttps://doi.org/10.1007/s11356-020-08520-x
dc.identifier.urihttps://hdl.handle.net/20.500.12483/9831
dc.identifier.volume27en_US
dc.identifier.wosWOS:000526215700006en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.indekslendigikaynakPubMeden_US
dc.language.isoenen_US
dc.publisherSpringer Heidelbergen_US
dc.relation.ispartofEnvironmental Science and Pollution Researchen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectEnvironmental Kuznets Curveen_US
dc.subjectRenewable energyen_US
dc.subjectOil pricesen_US
dc.subjectTrade opennessen_US
dc.subjectPanel data analysisen_US
dc.subjectOECD countriesen_US
dc.titleRevisiting the Environmental Kuznets Curve hypothesis in OECD countries: the role of renewable, non-renewable energy, and oil pricesen_US
dc.typeArticleen_US

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