The Relationship Energy Sources Use-CO2 Emissions and Economic Growth: An Investigation on Developing Economies

Energy and all concepts related to energy are factors that affect the economic growth level of countries. When energy is examined in terms of developing economies, it is understood how vital energy is. Increasing energy demand is affected by various dynamics that affect the strategies and policies o...

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Main Author: Mustafa Yapar
Format: Article
Language:English
Published: Istanbul University Press 2022-12-01
Series:İstanbul İktisat Dergisi
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Online Access:https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/211AB42892F64F639ED73FCDC4EF19B4
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author Mustafa Yapar
author_facet Mustafa Yapar
author_sort Mustafa Yapar
collection DOAJ
description Energy and all concepts related to energy are factors that affect the economic growth level of countries. When energy is examined in terms of developing economies, it is understood how vital energy is. Increasing energy demand is affected by various dynamics that affect the strategies and policies ofcountries. Since energy is an input for production, it is a determinant of the economic growth process. It is important to consider the resources used while assessing the energy required in production. There are two types of energy sources: renewable and non-renewable. Regarding the future of the world and the use of fossil fuels, there are concerns about climate change and global warming. It is seen that international cooperation on this issue is inevitable. In this paper, the relationship between energy use, CO2 emissions, and economic growth are analyzed for selected developing economies. The study examines the connections between the consumption of renewable and non-renewable energy, CO2 emissions per capita, and capita income between 1995 and 2014. Selecting the data for this period is due to the desire to include more developing economies in the model. Finally, it has been determined that all three independent variables have a positive effect on economic growth. In order to combat climate change, it is important for developing economies to encourage renewable energy for a sustainable life.
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spelling doaj-art-152eedae0782431eaa24fd388dde83132025-08-20T03:52:52ZengIstanbul University Pressİstanbul İktisat Dergisi2602-39542022-12-0172245347210.26650/ISTJECON2021-1179726123456The Relationship Energy Sources Use-CO2 Emissions and Economic Growth: An Investigation on Developing EconomiesMustafa Yapar0https://orcid.org/0000-0001-8982-1806Recep Tayyip Erdoğan Üniversitesi, Rize, TurkiyeEnergy and all concepts related to energy are factors that affect the economic growth level of countries. When energy is examined in terms of developing economies, it is understood how vital energy is. Increasing energy demand is affected by various dynamics that affect the strategies and policies ofcountries. Since energy is an input for production, it is a determinant of the economic growth process. It is important to consider the resources used while assessing the energy required in production. There are two types of energy sources: renewable and non-renewable. Regarding the future of the world and the use of fossil fuels, there are concerns about climate change and global warming. It is seen that international cooperation on this issue is inevitable. In this paper, the relationship between energy use, CO2 emissions, and economic growth are analyzed for selected developing economies. The study examines the connections between the consumption of renewable and non-renewable energy, CO2 emissions per capita, and capita income between 1995 and 2014. Selecting the data for this period is due to the desire to include more developing economies in the model. Finally, it has been determined that all three independent variables have a positive effect on economic growth. In order to combat climate change, it is important for developing economies to encourage renewable energy for a sustainable life.https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/211AB42892F64F639ED73FCDC4EF19B4renewable energyfossil fuelsdeveloping economies
spellingShingle Mustafa Yapar
The Relationship Energy Sources Use-CO2 Emissions and Economic Growth: An Investigation on Developing Economies
İstanbul İktisat Dergisi
renewable energy
fossil fuels
developing economies
title The Relationship Energy Sources Use-CO2 Emissions and Economic Growth: An Investigation on Developing Economies
title_full The Relationship Energy Sources Use-CO2 Emissions and Economic Growth: An Investigation on Developing Economies
title_fullStr The Relationship Energy Sources Use-CO2 Emissions and Economic Growth: An Investigation on Developing Economies
title_full_unstemmed The Relationship Energy Sources Use-CO2 Emissions and Economic Growth: An Investigation on Developing Economies
title_short The Relationship Energy Sources Use-CO2 Emissions and Economic Growth: An Investigation on Developing Economies
title_sort relationship energy sources use co2 emissions and economic growth an investigation on developing economies
topic renewable energy
fossil fuels
developing economies
url https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/211AB42892F64F639ED73FCDC4EF19B4
work_keys_str_mv AT mustafayapar therelationshipenergysourcesuseco2emissionsandeconomicgrowthaninvestigationondevelopingeconomies
AT mustafayapar relationshipenergysourcesuseco2emissionsandeconomicgrowthaninvestigationondevelopingeconomies