Ekonomi Bölümü Koleksiyonu

Permanent URI for this collectionhttps://hdl.handle.net/20.500.12469/57

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Browsing Ekonomi Bölümü Koleksiyonu by Journal "Energy Economics"

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    Article
    Citation - WoS: 57
    Citation - Scopus: 64
    Energy Consumption-Gdp Nexus: Heterogeneous Panel Causality Analysis
    (Elsevier Science Bv, 2012) Akkemik, K. Ali; Göksal, Koray
    Existing studies examining the Granger causality relationship between energy consumption and GDP use a panel of countries but implicitly assume that the panels are homogeneous. This paper extends the Granger causality relationship between energy consumption and GDP by taking into account panel heterogeneity. For this purpose we use a large panel of 79 countries for the period 1980-2007. Specifically we examine four different causal relationships: homogeneous non-causality homogeneous causality heterogeneous non-causality and heterogeneous causality. The results show that roughly seven-tenths of the countries exhibit bi-directional Granger causality two-tenths exhibit no Granger causality and one-tenths exhibit unidirectional Granger causality. (C) 2012 Elsevier B.V. All rights reserved.
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    Citation - WoS: 235
    Citation - Scopus: 270
    The Role of Trade and Fdi for Co2 Emissions in Turkey: Nonlinear Relationships
    (Elsevier, 2019) Haug, Alfred Albert; Ucal, Meltem Şengün
    This paper examines the effects of foreign trade and foreign direct investment (FDI) on CO2 emissions in Turkey. We consider linear and nonlinear ARDL models and find significant asymmetric effects of exports, imports and FDI on CO2 emissions per capita. However, FD1 has no statistically significant long-run effects. In the long run, decreases in exports reduce CO2 emissions per capita but increases in exports have no statistically significant effects. Increases in imports push up CO2 emissions per capita, while decreases in imports have no long-run effects. On the other hand, CO2 intensity, which measures CO2 emissions per unit of energy, is not influenced by exports and imports, nor by FDI. Instead, it is affected positively by financial development and urbanization. Also, we find that an environmental Kuznets curve is present for both CO2 measures so that increases in real GDP per capita have led to reductions in CO2 emissions for at least the most recent decade, controlling for other confounding factors. Furthermore, the sectoral shares of CO2 emissions in total CO2 emissions change asymmetrically with foreign trade for two of four sectors, with export increases leading to lower CO2 shares and imports having the opposite effect. (C) 2019 Elsevier B.V. All rights reserved.