Renewable energy consumption–economic growth nexus in Turkey
This paper examines the renewable energy consumption–economic growth causality nexus in Turkey. Studies in the literature can be grouped as country-specific and multi-country studies. The results of these studies are inconsistent, and there is no agreement on the existence or the direction of causality between renewable energy consumption and economic growth. The results of this country-specific study support conservation hypothesis. The results of empirical tests from ARDL approach show that renewable energy consumption has a negative impact on economic growth, and the ones of Toda–Yamamoto causality tests show that there is a unidirectional causality running from economic growth to renewable energy consumption.
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Volume (Year): 28 (2013)
Issue (Month): C ()
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