1 sonuçlar
Arama Sonuçları
Listeleniyor 1 - 1 / 1
Yayın Renewable electricity consumption and economic growth: a cross-income panel ARDL analysis with implications for energy transition(İstanbul Okan Üniversitesi, 2025-06-02) Brown, Mustapha Abekah; Taşbaşı, AslıThe transition to renewable energy and the corresponding use of electricity generated from renewable sources is an inevitable solution that must be adopted to mitigate the effects of the climate crisis. The extant literature on the energy-economic growth nexus present mixed findings – some studies suggest the existence of a relationship while others find no significant relationship. Nevertheless, a growing number of recent studies provide evidence of an existing relationship. This study employs the panel ARDL techniques PMG, MG and DFE to investigate the short-run and long-run dynamics between renewable electricty consumption (RELC) and economic growth over the period 2000-2022 across 48 countries classified by income level. The results clearly indicate that the use of green electricity has a positive effect on economic growth across all income levels, albeit with varying magnitudes. Findings of the study provide particularly encouraging empirical evidence for a green transition in developing countries, underscoring the need for more attention to the unique challenges and opportunities faced by these economies.
