Energy efficiency, renewable energy, economic growth: evidence from emerging market economies
This study investigates the effect of energy efficiency and renewable energy on economic growth in emerging economies over the 1992–2014 period using Westerlund’s ( 2008 ) cointegration test and Dumitrescu and Hurlin ( 2012 ) causality test. The panel cointegration coefficients reveal that energy ef...
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Veröffentlicht in: | Quality & quantity 2019-07, Vol.53 (4), p.2221-2234 |
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description | This study investigates the effect of energy efficiency and renewable energy on economic growth in emerging economies over the 1992–2014 period using Westerlund’s (
2008
) cointegration test and Dumitrescu and Hurlin (
2012
) causality test. The panel cointegration coefficients reveal that energy efficiency positively influences the economic growth in the long term, but renewable energy has no significant effects on economic growth in the long term. Furthermore, the causality analysis revealed a one-way causality from both energy efficiency and renewable energy use to the economic growth in the short term. |
doi_str_mv | 10.1007/s11135-019-00867-9 |
format | Article |
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2008
) cointegration test and Dumitrescu and Hurlin (
2012
) causality test. The panel cointegration coefficients reveal that energy efficiency positively influences the economic growth in the long term, but renewable energy has no significant effects on economic growth in the long term. Furthermore, the causality analysis revealed a one-way causality from both energy efficiency and renewable energy use to the economic growth in the short term.</description><identifier>ISSN: 0033-5177</identifier><identifier>EISSN: 1573-7845</identifier><identifier>DOI: 10.1007/s11135-019-00867-9</identifier><language>eng</language><publisher>Dordrecht: Springer Netherlands</publisher><subject>Causality ; Economic growth ; Emerging markets ; Energy consumption ; Energy efficiency ; Energy industry ; Energy management systems ; Longitudinal studies ; Market economies ; Methodology of the Social Sciences ; Renewable energy ; Renewable resources ; Social Sciences ; Studies</subject><ispartof>Quality & quantity, 2019-07, Vol.53 (4), p.2221-2234</ispartof><rights>Springer Nature B.V. 2019</rights><rights>COPYRIGHT 2019 Springer</rights><rights>Quality & Quantity is a copyright of Springer, (2019). All Rights Reserved.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c2739-c0850b487f212c483635d7f1c430a431a2ece9dda4548ab6f9760008679b80493</citedby><cites>FETCH-LOGICAL-c2739-c0850b487f212c483635d7f1c430a431a2ece9dda4548ab6f9760008679b80493</cites><orcidid>0000-0002-9974-256X</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://link.springer.com/content/pdf/10.1007/s11135-019-00867-9$$EPDF$$P50$$Gspringer$$H</linktopdf><linktohtml>$$Uhttps://link.springer.com/10.1007/s11135-019-00867-9$$EHTML$$P50$$Gspringer$$H</linktohtml><link.rule.ids>315,781,785,27348,27928,27929,33778,41492,42561,51323</link.rule.ids></links><search><creatorcontrib>Bayar, Yilmaz</creatorcontrib><creatorcontrib>Gavriletea, Marius Dan</creatorcontrib><title>Energy efficiency, renewable energy, economic growth: evidence from emerging market economies</title><title>Quality & quantity</title><addtitle>Qual Quant</addtitle><description>This study investigates the effect of energy efficiency and renewable energy on economic growth in emerging economies over the 1992–2014 period using Westerlund’s (
2008
) cointegration test and Dumitrescu and Hurlin (
2012
) causality test. The panel cointegration coefficients reveal that energy efficiency positively influences the economic growth in the long term, but renewable energy has no significant effects on economic growth in the long term. Furthermore, the causality analysis revealed a one-way causality from both energy efficiency and renewable energy use to the economic growth in the short term.</description><subject>Causality</subject><subject>Economic growth</subject><subject>Emerging markets</subject><subject>Energy consumption</subject><subject>Energy efficiency</subject><subject>Energy industry</subject><subject>Energy management systems</subject><subject>Longitudinal studies</subject><subject>Market economies</subject><subject>Methodology of the Social Sciences</subject><subject>Renewable energy</subject><subject>Renewable resources</subject><subject>Social Sciences</subject><subject>Studies</subject><issn>0033-5177</issn><issn>1573-7845</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2019</creationdate><recordtype>article</recordtype><sourceid>8G5</sourceid><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BENPR</sourceid><sourceid>BHHNA</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><sourceid>GNUQQ</sourceid><sourceid>GUQSH</sourceid><sourceid>M2O</sourceid><recordid>eNp9kEtPAyEUhYnRxPr4A65I3Hb0MjDD4K5pfCUmbnRpCGUu49QWFFpN_720o3FnWNwEvnM55xByxuCCAcjLxBjjVQFMFQBNLQu1R0askryQjaj2yQiA86JiUh6So5TmAFkm5Ii8XHuM3Yaic73t0dvNmEb0-GVmC6S4exxTtMGHZW9pF8PX6vWK4mffZhipi2FJcZmx3nd0aeIbrn5xTCfkwJlFwtOfeUyeb66fpnfFw-Pt_XTyUNhSclVYaCqYiUa6kpVWNLzmVSsds4KDEZyZEi2qtjWiEo2Z1U7JGnY51awBofgxOR_2vsfwsca00vOwjj5_qcsyk4pVTGTqYqA6s0DdexdW0dh8WszZgkfX5_tJdqQY1LzMgnIQ2BhSiuj0e-xzxo1moLe966F3nXvXOz9664UPopRh32H88_KP6hv1e4Si</recordid><startdate>20190701</startdate><enddate>20190701</enddate><creator>Bayar, Yilmaz</creator><creator>Gavriletea, Marius Dan</creator><general>Springer Netherlands</general><general>Springer</general><general>Springer Nature B.V</general><scope>AAYXX</scope><scope>CITATION</scope><scope>0-V</scope><scope>3V.</scope><scope>7U4</scope><scope>7WY</scope><scope>7WZ</scope><scope>7XB</scope><scope>87Z</scope><scope>88G</scope><scope>88J</scope><scope>8BJ</scope><scope>8FI</scope><scope>8FJ</scope><scope>8FK</scope><scope>8FL</scope><scope>8G5</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ALSLI</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>BHHNA</scope><scope>CCPQU</scope><scope>DWI</scope><scope>DWQXO</scope><scope>FQK</scope><scope>FRNLG</scope><scope>FYUFA</scope><scope>F~G</scope><scope>GHDGH</scope><scope>GNUQQ</scope><scope>GUQSH</scope><scope>HEHIP</scope><scope>JBE</scope><scope>K60</scope><scope>K6~</scope><scope>L.-</scope><scope>M0C</scope><scope>M2M</scope><scope>M2O</scope><scope>M2R</scope><scope>M2S</scope><scope>MBDVC</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PSYQQ</scope><scope>Q9U</scope><scope>WZK</scope><orcidid>https://orcid.org/0000-0002-9974-256X</orcidid></search><sort><creationdate>20190701</creationdate><title>Energy efficiency, renewable energy, economic growth: evidence from emerging market economies</title><author>Bayar, Yilmaz ; 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2008
) cointegration test and Dumitrescu and Hurlin (
2012
) causality test. The panel cointegration coefficients reveal that energy efficiency positively influences the economic growth in the long term, but renewable energy has no significant effects on economic growth in the long term. Furthermore, the causality analysis revealed a one-way causality from both energy efficiency and renewable energy use to the economic growth in the short term.</abstract><cop>Dordrecht</cop><pub>Springer Netherlands</pub><doi>10.1007/s11135-019-00867-9</doi><tpages>14</tpages><orcidid>https://orcid.org/0000-0002-9974-256X</orcidid></addata></record> |
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subjects | Causality Economic growth Emerging markets Energy consumption Energy efficiency Energy industry Energy management systems Longitudinal studies Market economies Methodology of the Social Sciences Renewable energy Renewable resources Social Sciences Studies |
title | Energy efficiency, renewable energy, economic growth: evidence from emerging market economies |
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