| Yazarlar |
Prof. Dr. Ümit BULUT
Kırşehir Ahi Evran Üniversitesi, Türkiye |
Muhammad Shahbaz
|
|
Xuan Vınh Vo
|
| Özet |
| It can be observed from the existing energy literature the previous papers investigating the influence of renewables consumption on GDP for the USA commonly ignore structural breaks in the US economy. Hence, the purpose of this paper is to examine the impact of renewable energy consumption on economic growth for the USA using quarterly data over the period 1977Q1-2019Q3 through unit root and cointegration methods based on different approaches in modelling structural breaks. Our empirical evidence confirms that all unit root tests give similar outputs and show all the variables become stationary at 1st differences. Besides, cointegration tests show highly different results in terms of the statistical significance of the coefficients. For instance, the cointegration test without structural breaks indicates that renewable energy consumption has no impact on economic growth. With sharp structural breaks in the cointegration approach, there is no cointegration between the variables. The empirical findings of the cointegration test with sharp and gradual breaks imply that renewable energy consumption has positive effects on economic growth. This paper discusses the implications of the empirical findings. |
| Anahtar Kelimeler |
| Economic growth | Gradual breaks | Renewable energy | Sharp breaks | Structural breaks | US economy |
| Makale Türü | Özgün Makale |
| Makale Alt Türü | SSCI, AHCI, SCI, SCI-Exp dergilerinde yayımlanan tam makale |
| Dergi Adı | Environmental Science and Pollution Research |
| Dergi ISSN | 0944-1344 |
| Dergi Tarandığı Indeksler | SCI-Expanded |
| Dergi Grubu | Q2 |
| Makale Dili | Türkçe |
| Basım Tarihi | 01-2022 |
| Cilt No | 29 |
| Sayfalar | 30134 / 30144 |
| Doi Numarası | 10.1007/s11356-021-17684-z |
| Makale Linki | http://dx.doi.org/10.1007/s11356-021-17684-z |
| Atıf Sayıları | |
| WoS | 12 |
| SCOPUS | 9 |
| Google Scholar | 14 |
