Green Financial Instruments and Renewable Energy: Toda-Yamamoto Causality Test

dc.contributor.authorYürük, Muhammed Fatih
dc.date.accessioned2025-02-22T14:18:03Z
dc.date.available2025-02-22T14:18:03Z
dc.date.issued2023
dc.departmentDicle Üniversitesien_US
dc.description.abstractThis 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.endpage203en_US
dc.identifier.issn2651-5318
dc.identifier.issue1en_US
dc.identifier.startpage191en_US
dc.identifier.trdizinid1212767en_US
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/1212767
dc.identifier.urihttps://hdl.handle.net/11468/30245
dc.identifier.volume8en_US
dc.indekslendigikaynakTr-Dizinen_US
dc.institutionauthorYürük, Muhammed Fatih
dc.language.isoenen_US
dc.relation.ispartofJournal of emerging economies and policy (Online)en_US
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.snmzKA_TR_20250222
dc.subjectRenewable Energyen_US
dc.subjectToda-Yamamoto Causality Testen_US
dc.subjectGreen Financeen_US
dc.subjectUnited States Bondsen_US
dc.titleGreen Financial Instruments and Renewable Energy: Toda-Yamamoto Causality Testen_US
dc.typeArticleen_US

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