Investigating the nexus between hydroelectricity energy, renewable energy, nonrenewable energy consumption on output: evidence from E7 countries

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dc.authoridhttps://orcid.org/0000-0002-7567-9885en_US
dc.authoridhttps://orcid.org/0000-0002-3248-4316en_US
dc.authoridhttps://orcid.org/0000-0003-4948-6905en_US
dc.contributor.authorGyamfi, Bright Akwasi
dc.contributor.authorBein, Murad A.
dc.contributor.authorBekun, Festus Victor
dc.date.accessioned2023-09-11T05:59:59Z
dc.date.available2023-09-11T05:59:59Z
dc.date.issued2020en_US
dc.departmentİktisadi İdari ve Sosyal Bilimler Fakültesien_US
dc.description.abstractThe transition of most economies especially heavily industrialized nations like China, Turkey, Russia, India, Indonesia, Brazil, and Mexico fondly known as E7 are fast emerging economies with its impact on economic growth and ecosystem. On the above highlight, the present study explores the dynamic interaction between hydroelectricity energy, renewable energy consumption, nonrenewable energy consumption on economic growth over annual time frequency data from 1990 to 2018. To this end, Kao co-integration technique is adopted in conjunction with panel ordinary least squares, dynamic ordinary least squares, and fully modified ordinary least square estimators over the identified blocs while the heterogeneous causality test of Dumitrescu and Hurlin is employed to detect the direction of causality among the variables. Empirical result shows long-run analysis reveals long-run equilibrium relationship between the examined variables. Furthermore, a one-way causality relationship is observed between economic growth and nonrenewable energy, economic growth and renewable energy, and economic growth and pollutant emission. The present study identifies a U-shaped pattern among nonrenewable energy consumption and economic growth in the long-run. These findings suggest that as economic growth increases, there is less strengthening of energy from the nonrenewable energy consumption hence, portentous deterioration in nonrenewable usage while authenticating the proficiency of nonrenewable energy consumption in the E7 countries. Further policy prescriptions are rendered in the concluding section.en_US
dc.identifier.doi10.1007/s11356-020-08909-8en_US
dc.identifier.endpage25339en_US
dc.identifier.issn0944-1344
dc.identifier.issn1614-7499
dc.identifier.issue20en_US
dc.identifier.pmid32347487en_US
dc.identifier.scopus2-s2.0-85083983137en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage25327en_US
dc.identifier.urihttps://hdl.handle.net/11363/5487
dc.identifier.urihttps://doi.org/
dc.identifier.volume27en_US
dc.identifier.wosWOS:000529493300026en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.indekslendigikaynakPubMeden_US
dc.institutionauthorBekun, Festus Victor
dc.language.isoenen_US
dc.publisherSPRINGER HEIDELBERG, TIERGARTENSTRASSE 17, D-69121 HEIDELBERG, GERMANYen_US
dc.relation.ispartofEnvironmental Science and Pollution Researchen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 United States*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/us/*
dc.subjectEnergy consumptionen_US
dc.subjectEnergy consumption hypothesisen_US
dc.subjectKao co-integrationen_US
dc.subjectPanel regression testen_US
dc.subjectHeterogeneous causalityen_US
dc.subjectE7 countriesen_US
dc.titleInvestigating the nexus between hydroelectricity energy, renewable energy, nonrenewable energy consumption on output: evidence from E7 countriesen_US
dc.typeArticleen_US

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