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Solar energy-economic growth nexus in top 10 countries with the highest installed capacity       
Yazarlar
Prof. Dr. Ümit BULUT Prof. Dr. Ümit BULUT
Kırşehir Ahi Evran Üniversitesi, Türkiye
Angelıkı Menegakı
Özet
This paper investigates the relationship between solar energy production and economic growth for top 10 countries with the highest installed solar energy production capacity as of 2017 (China, the USA, Japan, Germany, Italy, India, the UK, France, Australia, and Spain, respectively) using data over the period 1999–2015. For this purpose, the paper employs panel cointegration and causality methods that are robust to cross-sectional dependence. The findings imply that the coefficient of solar energy is insignificant in the empirical model and that there is no causality between solar energy and GDP, indicating the neutrality hypothesis prevails for solar energy. Theoretical and practical implications are also discussed.
Anahtar Kelimeler
cross-sectional dependence | economic growth | panel causality | panel cointegration | Renewable energy | solar energy
Makale Türü Özgün Makale
Makale Alt Türü SSCI, AHCI, SCI, SCI-Exp dergilerinde yayımlanan tam makale
Dergi Adı ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY
Dergi ISSN 1556-7249
Dergi Tarandığı Indeksler SCI-Expanded
Dergi Grubu Q4
Makale Dili İngilizce
Basım Tarihi 05-2020
Cilt No 15
Sayı 5
Sayfalar 297 / 310
Doi Numarası 10.1080/15567249.2020.1788192
Makale Linki https://www.tandfonline.com/doi/full/10.1080/15567249.2020.1788192