The asymmetric effect of renewable and non-renewable energy on carbon emissions in OECD: new evidence from non-linear panel ARDL model

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dc.authorid0000-0003-4106-3799en_US
dc.authorid0000-0003-1495-924Xen_US
dc.authorid0000-0003-4763-9314en_US
dc.authorid0000-0002-1297-1993en_US
dc.contributor.authorŞanlı, Devran
dc.contributor.authorMuratoǧlu, Yusuf
dc.contributor.authorSongur, Mehmet
dc.contributor.authorUğurlu, Erginbay
dc.date.accessioned2023-08-17T12:12:45Z
dc.date.available2023-08-17T12:12:45Z
dc.date.issued2023en_US
dc.departmentDicle Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümüen_US
dc.description.abstractThe level of economic income, population density and sources of energy supply is critical in assessing environmental quality. Recent empirical studies paid limited attention to the role of renewable (RE) and fossil energy (NRE) supply in carbon pollution regarding the Environmental Kuznets Hypothesis (EKC). Therefore, this study investigates the asymmetric relationships between carbon emissions and energy sources on the one hand and the environmental Kuznets hypothesis on the other hand for OECD countries, comprising countries with significant renewable energy supplies. The study includes the annual data from 1990 to 2021 and performs panel non-linear ARDL regression. The empirical results clearly show that RE and NRE have asymmetric effects on emissions in the long run but not in the short run. Both positive and negative shocks in RE reduce CO2 emissions in OECD economies, while asymmetric shocks in NRE substantially increase them. Increasing RE supply is clearly effective in reducing emissions. However, unlike most previous studies, this study shows that RE does not significantly reduce CO2 emissions in OECD countries. The error correction term (ect.) in the NARDL model is negative and significant. The magnitude of the term indicates that the system will return to long-term equilibrium about 4.2 years after any shock. Furthermore, we show that the EKC Hypothesis is supported in OECD countries. The turning point of the EKC is at $4085.77 per capita. Besides, regression with Driscoll-Kraay standard errors and Augmented Mean Group (AMG) estimator approach were used for robustness checks. The findings from the robustness check are consistent with the NARDL findings. Policies based on the promotion of a lowcarbon and sustainable green environment should place greater emphasis on renewable resources even in OECD countries. Moreover, while many studies in the literature address asymmetric effects and EKC as energy consumption or utilisation, the novelty of this study is that it approaches the issue regarding energy supply with asymmetric effects for RE and NRE.en_US
dc.identifier.citationŞanlı, D., Muratoğlu, Y., Songur, M. ve Uğurlu, E. (2023). The asymmetric effect of renewable and non-renewable energy on carbon emissions in OECD: new evidence from non-linear panel ARDL model. Frontiers in Environmental Science, (11), 1-16.en_US
dc.identifier.doi10.3389/fenvs.2023.1228296
dc.identifier.endpage16en_US
dc.identifier.issn2296-665X
dc.identifier.issue11en_US
dc.identifier.scopus2-s2.0-85165569711
dc.identifier.scopusqualityQ2
dc.identifier.startpage1en_US
dc.identifier.urihttps://www.frontiersin.org/articles/10.3389/fenvs.2023.1228296/full
dc.identifier.urihttps://hdl.handle.net/11468/12499
dc.identifier.wosWOS:001035309500001
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.institutionauthorSongur, Mehmet
dc.language.isoenen_US
dc.publisherFrontiers Media SAen_US
dc.relation.ispartofFrontiers in Environmental Science
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectCarbon emissionsen_US
dc.subjectEnvironmental kuznets curveen_US
dc.subjectNon-linear panelen_US
dc.subjectNon-renewable energyen_US
dc.subjectRenewable energyen_US
dc.titleThe asymmetric effect of renewable and non-renewable energy on carbon emissions in OECD: new evidence from non-linear panel ARDL modelen_US
dc.titleThe asymmetric effect of renewable and non-renewable energy on carbon emissions in OECD: new evidence from non-linear panel ARDL model
dc.typeArticleen_US

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