Renewable energy-economic growth nexus revisited for the USA: do different approaches for modeling structural breaks lead to different findings?
 
Yazarlar (3)
Prof. Dr. Ümit BULUT Kırşehir Ahi Evran Üniversitesi, Türkiye
Muhammad Shahbaz Beijing Institute Of Technology
Xuan Vınh Vo
University Of Economics Ho Chi Minh City
Makale Türü Özgün Makale (SSCI, AHCI, SCI, SCI-Exp dergilerinde yayınlanan tam makale)
Dergi Adı Environmental Science and Pollution Research (Q2)
Dergi ISSN 0944-1344 Wos Dergi Scopus Dergi
Dergi Tarandığı Indeksler SCI-Expanded
Makale Dili Türkçe Basım Tarihi 01-2022
Kabul Tarihi 12-04-2026 Yayınlanma Tarihi
Cilt / Sayı / Sayfa 29 / 20 / 30134–30144 DOI 10.1007/s11356-021-17684-z
Makale Linki http://dx.doi.org/10.1007/s11356-021-17684-z
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 …
Anahtar Kelimeler
Economic growth | Gradual breaks | Renewable energy | Sharp breaks | Structural breaks | US economy
BM Sürdürülebilir Kalkınma Amaçları
Atıf Sayıları
Google Scholar 19
Scopus 5
Web of Science 13
Renewable energy-economic growth nexus revisited for the USA: do different approaches for modeling structural breaks lead to different findings?

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