The impact of renewable energy consumption to economic growth: A replication and extension of

Doğan, Eyüp; Altınöz, Buket; Madaleno, Mara; Taşkın, Dilvin

doi:10.1016/j.eneco.2020.104866

Cited by 179 publications

(74 citation statements)

References 67 publications

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“…As a result, the buoyant weight of promoting RE usage on economic development is more significant. These results are concurrent with relevant available literature such as byDestek and Aslan (2017),Adams et al (2018),Charfeddine and Kahia (2019),Bao andXu (2019), andDogan et al (2020).…”

supporting

confidence: 90%

Is Achieved Economic Development Environment Friendly? A New Insight From Central and Eastern Europe

Zhang

Shah

Naqvi

2021

Preprint

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Over the last few years, the linkage between economic development and environmental degradation has become a provocative question. Although this nexus has been studied vastly, some of the critical variables of economic development and their impacts on the environment need more focus. The present study explores the association between economic development, outward foreign direct investment, financial development, renewable energy consumption, natural resource rents, trade openness, and ecological footprint in Central and Eastern European economies. The panel data estimators such as augmented mean group and common correlated effect mean group are employed from 1990 to 2017. Empirical findings document that outward foreign direct investment, financial development, trade openness, natural resource rents, and renewable energy consumption increase economic development, implying that they positively affect economic development. Findings validate the inverted U-shaped EKC for concerned economies in case of the ecological footprint. The results show that the interaction term of GDPC with NR, outward foreign direct investment, and RE are eco-friendly indicators. The study results develop imperative policy implications for the selected region to attain sustainable development goals.

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supporting

confidence: 90%

Is Achieved Economic Development Environment Friendly? A New Insight From Central and Eastern Europe

Zhang

Shah

Naqvi

2021

Preprint

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“…This study adopts the novel quantile regression method developed by Powell (2016). The methodology is useful when the independent variables display varying effects at different points in the conditional distribution of the dependent variable (Dogan et al 2020). The methodology provides a great advantage since the regression can accomplish conditional quantile estimation and estimates the behavior of each specific point in the conditional distribution.…”

Section: Methods and Empirical Resultsmentioning

confidence: 99%

Analysis of CO2 emissions and energy consumption by sources in MENA countries: evidence from quantile regressions

Alharthi

Doğan

Taşkın

2021

Environ Sci Pollut Res

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116

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The development of economies and energy usage can significantly impact the carbon dioxide (CO 2) emissions in the Middle East and North Africa (MENA) countries. Therefore, this study aims to analyze the factors that determine CO 2 emissions in MENA under the environmental Kuznets curve (EKC) framework by applying novel quantile techniques on data for CO 2 emissions, real income, renewable and non-renewable energy consumption, and urbanization over the period from 1990 to 2015. The results from the estimations suggest that renewable energy consumption significantly reduces the level of emissions; furthermore, its impact increases with higher quantiles. In addition, non-renewable energy consumption increases CO 2 emissions, while its magnitude decreases with higher quantiles. The empirical results also confirm the validity of EKC hypothesis for the panel of MENA economies. Policymakers in the region should implement policies and regulations to promote the adoption and use of renewable energy to mitigate carbon emissions.

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“…We examined the relationship between renewable energy consumption and economic growth in the case of a thriving and a prosperous United Arab Emirates. This study based on prior studies that employed a set of variables that include renewable energy consumption, GDP per capita, capital formation, employment, and trade openness (Can and Korkmaz, 2019;Dogan et al, 2020;Inglesi-Lotz, 2016). The study period is 1990-2018 based on annual data which is obtained from various sources.…”

Section: Methodology and Datamentioning

confidence: 99%

Renewable Energy and Economic Growth Nexus: A Case of United Arab Emirates

Kayani

2021

IJEEP

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The impact of renewable energy consumption to economic growth: A replication and extension of

Cited by 179 publications

References 67 publications

Is Achieved Economic Development Environment Friendly? A New Insight From Central and Eastern Europe

Is Achieved Economic Development Environment Friendly? A New Insight From Central and Eastern Europe

Analysis of CO2 emissions and energy consumption by sources in MENA countries: evidence from quantile regressions

Renewable Energy and Economic Growth Nexus: A Case of United Arab Emirates

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