Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach

The current study re-investigates the impact of renewable and non-renewable energy consumption on Turkey’s ecological footprint. This study applies Quantile Autoregressive Lagged (QARDL) approach for the period of 1965Q1-2017Q4. We further apply Granger-causality in Quantiles to check the causal rel...

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Main Authors: Sharif, Arshian, Baris-Tuzemen, Ozge, Uzuner, Gizem, Ozturk, Ilhan, Sinha, Avik
Format: Article
Language:English
Published: Elsevier Ltd. 2020
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/27171/1/SCS%2057%202020%201%2026.pdf
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author Sharif, Arshian
Baris-Tuzemen, Ozge
Uzuner, Gizem
Ozturk, Ilhan
Sinha, Avik
author_facet Sharif, Arshian
Baris-Tuzemen, Ozge
Uzuner, Gizem
Ozturk, Ilhan
Sinha, Avik
author_sort Sharif, Arshian
collection UUM
description The current study re-investigates the impact of renewable and non-renewable energy consumption on Turkey’s ecological footprint. This study applies Quantile Autoregressive Lagged (QARDL) approach for the period of 1965Q1-2017Q4. We further apply Granger-causality in Quantiles to check the causal relationship among the variables. The results of QARDL show that error correction parameter is statistically significant with the expected negative sign for all quantiles which confirm an existence of significant reversion to the long-term equilibrium connection between the related variables and ecological footprint in Turkey. In particular, the outcomes suggested that renewable energy decrease ecological footprint in long-run on each quantile. However, the results of economic growth and non-renewable energy impact positively to ecological footprint in long-short run period at all quantiles. Finally, we tested the Environmental Kuznets Curve (EKC) hypothesis and the results of QARDL confirmed the EKC in Turkey. Furthermore, the findings of causal investigation from Granger-causality in quantiles evident the presence of a bi-directional causal relationship between renewable energy consumption, energy consumption and economic growth with ecological footprint in the Turkish economy.
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spelling uum-271712020-07-05T02:01:03Z https://repo.uum.edu.my/id/eprint/27171/ Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach Sharif, Arshian Baris-Tuzemen, Ozge Uzuner, Gizem Ozturk, Ilhan Sinha, Avik HD28 Management. Industrial Management The current study re-investigates the impact of renewable and non-renewable energy consumption on Turkey’s ecological footprint. This study applies Quantile Autoregressive Lagged (QARDL) approach for the period of 1965Q1-2017Q4. We further apply Granger-causality in Quantiles to check the causal relationship among the variables. The results of QARDL show that error correction parameter is statistically significant with the expected negative sign for all quantiles which confirm an existence of significant reversion to the long-term equilibrium connection between the related variables and ecological footprint in Turkey. In particular, the outcomes suggested that renewable energy decrease ecological footprint in long-run on each quantile. However, the results of economic growth and non-renewable energy impact positively to ecological footprint in long-short run period at all quantiles. Finally, we tested the Environmental Kuznets Curve (EKC) hypothesis and the results of QARDL confirmed the EKC in Turkey. Furthermore, the findings of causal investigation from Granger-causality in quantiles evident the presence of a bi-directional causal relationship between renewable energy consumption, energy consumption and economic growth with ecological footprint in the Turkish economy. Elsevier Ltd. 2020 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/27171/1/SCS%2057%202020%201%2026.pdf Sharif, Arshian and Baris-Tuzemen, Ozge and Uzuner, Gizem and Ozturk, Ilhan and Sinha, Avik (2020) Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach. Sustainable Cities and Society, 57. pp. 1-27. ISSN 22106707 http://doi.org/10.1016/j.scs.2020.102138 doi:10.1016/j.scs.2020.102138 doi:10.1016/j.scs.2020.102138
spellingShingle HD28 Management. Industrial Management
Sharif, Arshian
Baris-Tuzemen, Ozge
Uzuner, Gizem
Ozturk, Ilhan
Sinha, Avik
Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach
title Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach
title_full Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach
title_fullStr Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach
title_full_unstemmed Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach
title_short Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach
title_sort revisiting the role of renewable and non renewable energy consumption on turkey s ecological footprint evidence from quantile ardl approach
topic HD28 Management. Industrial Management
url https://repo.uum.edu.my/id/eprint/27171/1/SCS%2057%202020%201%2026.pdf
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