The relationship between renewable energy consumption and trade openness: New evidence from emerging economies
By Feyyaz Zeren, Hilmi Tunahan Akkus. Renewable Energy, 2020
191 citations recorded by the source corpus.
Abstract In this study, the relationship between trade openness, renewable and non-renewable energy consumption for “Top Emerging Countries of Bloomberg” in 1980–2015 period is investigated. The long-run relationship between panels is examined with Dumitrescu-Hurlin (2012) panel causality test, Westerlund (2006) panel cointegration test with multiple structural break and Pesaran (2006) CCE-MG cointegration estimator. According to findings, it was found that the use of non-renewable energy is the one of main reason for the increase in trade openness. In addition, the increase in the use of renewable energy was founded to be an important factor in decreasing the trade openness for these Emerging Countries. The results of the study provide valuable information on how to increase the use of renewable energy for a sustainable economy in the long term for decision-makers, as well as for investors on the future of energy-related investments.
Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment
View Paper: https://www.semanticscholar.org/paper/9977d6584b330d093ec5132f74e093a3f1caaff4
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In Economics and Econometrics
In Renewable Energy, Sustainability and the Environment
Citations in the corpus
- Do Environment-Related Policy Instruments and Technologies Facilitate Renewable Energy Generation? Exploring the Contextual Evidence from Developed Economies (2021, background): “Based on panel causality tests and panel cointegration tests, a significant negative relation was found for the long-time relationship between trade openness and renewable energy use in emerging economies during 1980–2015 [65].”