Carbon neutrality implication of material productivity, total factor productivity and renewable energy uptake in the Nordics

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dc.authoridKÖSTEKÇİ, AHMET/0000-0001-8485-887X
dc.authoridCelik, Ali/0000-0003-3794-7786
dc.contributor.authorÇelik, Ali
dc.contributor.authorKöstekci, Ahmet
dc.contributor.authorAlola, Andrew Adewale
dc.date.accessioned2024-09-11T19:50:52Z
dc.date.available2024-09-11T19:50:52Z
dc.date.issued2024
dc.departmentİstanbul Gelişim Üniversitesien_US
dc.description.abstractThe recent report of the European Commission (EC) indicates that the Nordic countries, especially Denmark, Finland, Iceland, Norway, and Sweden have some of the highest and above European Union (EU)'s average consumption per capita of domestic material. While reflecting on the environmental consequence of material uptake, this study examines the role of material productivity, total factor productivity, and renewable energy uptake in the region over the period 1970-2019. With the series of empirical approaches deployed for the panel investigation, the results establish that a gain in material productivity and total factor productivity mitigates carbon emission in the region by a statistically significant amount, thus indicating a positive sign toward green productivity/output and environmental sustainability. This evidence is also complimented by the validity of the environmental Kuznets curve (EKC) i.e., inverted U-shaped nexus between economic output and environmental degradation in the investigation. Moreover, the results reveal that uptake in renewable energy usage also improves environmental quality arising from the energy source's capacity to reduce carbon emission. The findings in this investigation offers relevant policy reference toward improving material and resources efficiency.en_US
dc.identifier.doi10.1016/j.ecolind.2024.111813
dc.identifier.issn1470-160X
dc.identifier.issn1872-7034
dc.identifier.scopus2-s2.0-85187638457en_US
dc.identifier.urihttps://doi.org/10.1016/j.ecolind.2024.111813
dc.identifier.urihttps://hdl.handle.net/11363/7694
dc.identifier.volume160en_US
dc.identifier.wosWOS:001203743200001en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherElsevieren_US
dc.relation.ispartofEcological Indicatorsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.snmz20240903_Gen_US
dc.subjectResource efficiencyen_US
dc.subjectRenewable energyen_US
dc.subjectEnvironmental qualityen_US
dc.subjectNordic regionen_US
dc.subjectPanel analysisen_US
dc.titleCarbon neutrality implication of material productivity, total factor productivity and renewable energy uptake in the Nordicsen_US
dc.typeArticleen_US

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