Biomass Energy Consumption, Economic Growth and CO2 Emission in G-20 Countries

---

Atıf İçin Kopyala

DESTEK M. A., Okumus I.

Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi, cilt.7, sa.1, ss.347-353, 2019 (Hakemli Dergi)

• Yayın Türü: Makale / Tam Makale
• Cilt numarası: 7 Sayı: 1
• Basım Tarihi: 2019
• Dergi Adı: Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi
• Derginin Tarandığı İndeksler: TR DİZİN (ULAKBİM)
• Sayfa Sayıları: ss.347-353
• Hatay Mustafa Kemal Üniversitesi Adresli: Evet

Özet

This study investigates the relationship between biomass energy consumption, economic growth,carbon dioxide emissions, and natural resource depletion in G-20 countries from 1992 to 2013. Forthis purpose, we used panel unit root tests, the panel cointegration test, the panel fully modified OLS(FMOLS) method, and the panel VECM Granger causality method. The results reveal that biomassenergy consumption, economic growth, CO2 emissions, and natural resource depletion arecointegrated. In addition, increasing biomass energy consumption leads to increased economicgrowth. On the other hand, the increase in biomass energy consumption reduces CO2 emissions.Moreover, a unidirectional causality exists from biomass energy consumption to GDP growth,supporting the growth hypothesis. Finally, a bidirectional causal relationship exists between biomassenergy consumption and CO2 emissions.