Record Details

The Effect of Renewable Energy Consumption on Economic Stability: Panel Data Analysis on Selected Countries

Emerging Markets Journal

View Archive Info
 
 
Field Value
 
Title The Effect of Renewable Energy Consumption on Economic Stability: Panel Data Analysis on Selected Countries
 
Creator Hacıimamoğlu, Tunahan
Sandalcılar, Ali Rıza
 
Subject Energy; Renewable Energy, Non-Renewable Energy, Economic Stability, Political Stability
 
Description This study aims to investigate the effect of renewable energy consumption on economic stability. In this regard, covering the period of 1990-2016, data of 35 countries, 19 of which are developed and 16 of which are developing, were used. The cointegration analysis results reveal that, there is a long-term relationship between the two variables in developed and developing countries. According to panel coefficient estimators, the effect of renewable energy consumption on economic stability is positive and statistically meaningful in Germany, Denmark, Italy, Switzerland, and Sweden, which are developed countries, and also in Egypt, Turkey, Taiwan, Pakistan, and Indonesia, which are developing countries. However, the effect is negative and significant in contrast to expectations in England and Belgium, which are developed countries, and in India and the Philippines, which are developing countries.
 
Publisher University Library System, University of Pittsburgh
 
Contributor —
 
Date 2020-09-23
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://emaj.pitt.edu/ojs/index.php/emaj/article/view/201
10.5195/emaj.2020.201
 
Source EMAJ: Emerging Markets Journal; Vol 10, No 1 (2020); 10-20
2158-8708
 
Language eng
 
Relation http://emaj.pitt.edu/ojs/index.php/emaj/article/view/201/364
 
Rights Copyright (c) 2020 Tunahan Hacıimamoğlu, Ali Rıza Sandalcılar
https://creativecommons.org/licenses/by/4.0