Green Financial Instruments and Renewable Energy: Toda-Yamamoto Causality Test
dc.contributor.author | Yürük, Muhammed Fatih | |
dc.date.accessioned | 2025-02-22T14:18:03Z | |
dc.date.available | 2025-02-22T14:18:03Z | |
dc.date.issued | 2023 | |
dc.department | Dicle Üniversitesi | en_US |
dc.description.abstract | This study analysed the relationship between green financial assets in the United States and different variables. The fact that climate change has become important worldwide and that global development has been promoted has made green finance important. The world's governments, caring about the transition to a low-carbon economy and their efforts to finance environmentally friendly investments, have developed green finance tools. The fact that green financial assets will gain more importance in the coming years has added motivation to this study. In the study, many variables related to green finance were used and analyzed. Monthly data for the S&P Green Bond Index, S&P Global Clean Energy Index, Invesco Wilder Hill Clean Energy, United States 10-Year Bond, Carbon Dioxide Emissions from Energy Consumption, and Total Renewable Energy Production variables between July 2012 and April 2022 were included in the research. The Toda-Yamamoto causality test was applied in the study. In the Toda-Yamamoto causality test, it is a great advantage that the series does not need to be static at the same level. As a result of the test, bidirectional causality was found between Invesco WilderHill Clean Energy and the United States 10-Year Bond variables. | en_US |
dc.identifier.endpage | 203 | en_US |
dc.identifier.issn | 2651-5318 | |
dc.identifier.issue | 1 | en_US |
dc.identifier.startpage | 191 | en_US |
dc.identifier.trdizinid | 1212767 | en_US |
dc.identifier.uri | https://search.trdizin.gov.tr/tr/yayin/detay/1212767 | |
dc.identifier.uri | https://hdl.handle.net/11468/30245 | |
dc.identifier.volume | 8 | en_US |
dc.indekslendigikaynak | Tr-Dizin | en_US |
dc.institutionauthor | Yürük, Muhammed Fatih | |
dc.language.iso | en | en_US |
dc.relation.ispartof | Journal of emerging economies and policy (Online) | en_US |
dc.relation.publicationcategory | Makale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
dc.rights | info:eu-repo/semantics/openAccess | en_US |
dc.snmz | KA_TR_20250222 | |
dc.subject | Renewable Energy | en_US |
dc.subject | Toda-Yamamoto Causality Test | en_US |
dc.subject | Green Finance | en_US |
dc.subject | United States Bonds | en_US |
dc.title | Green Financial Instruments and Renewable Energy: Toda-Yamamoto Causality Test | en_US |
dc.type | Article | en_US |