RENEWABLE ENERGY AND SUSTAINABLE DEVELOPMENT: EVIDENCE FROM 17 OECD COUNTRIES / Renewable Energy and Sustainable Development: Evidence from 17 OECD Countries
The achievement of sustainable development goals is depending on different factors. The aim of this article is to investigate the relationship between the renewable energy and the sustainable development. We employed the endogenous variable the adjusted net savings as the sustainable development fac...
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Recep Tayyip Erdoğan Üniversitesi
2020-04-01
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doaj-9382a54cc2b946739428e6405b388b8a2021-05-04T18:43:17ZengRecep Tayyip Erdoğan ÜniversitesiUluslararası Ekonomi, İşletme ve Politika Dergisi2587-25592020-04-0141416010.29216/ueip.6530741075RENEWABLE ENERGY AND SUSTAINABLE DEVELOPMENT: EVIDENCE FROM 17 OECD COUNTRIES / Renewable Energy and Sustainable Development: Evidence from 17 OECD CountriesSalah Eddine Sari Hassoun0Hicham Ayad1Center University of Maghnia, TlemcenUniversity Center of Maghnia, TlemcenThe achievement of sustainable development goals is depending on different factors. The aim of this article is to investigate the relationship between the renewable energy and the sustainable development. We employed the endogenous variable the adjusted net savings as the sustainable development factor, the renewable energy consumption as the exogenous variable, following by the control variables the gross fixed capital formation and the labour force. This work is done for 17 OECD countries during the period of 1990-2017. We assumed a balanced panel model, and we employed a panel random effect model and a panel ARDL cointegration model. The outcomes showed that the renewable energy consumption has a negative and significant impact on the adjusted net saving in the short-run, but in the long-term the renewable energy consumption has a positive influence on the sustainable development factor. Also, a bidirectional panel Granger causality was established between both variables.https://dergipark.org.tr/tr/pub/ueip/issue/50405/653074the sustainable developmentthe adjusted net savingthe renewable energyoecd countriespanel modelthe sustainable developmentthe adjusted net savingthe renewable energyoecd countriesthe panel data analysis |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Salah Eddine Sari Hassoun Hicham Ayad |
spellingShingle |
Salah Eddine Sari Hassoun Hicham Ayad RENEWABLE ENERGY AND SUSTAINABLE DEVELOPMENT: EVIDENCE FROM 17 OECD COUNTRIES / Renewable Energy and Sustainable Development: Evidence from 17 OECD Countries Uluslararası Ekonomi, İşletme ve Politika Dergisi the sustainable development the adjusted net saving the renewable energy oecd countries panel model the sustainable development the adjusted net saving the renewable energy oecd countries the panel data analysis |
author_facet |
Salah Eddine Sari Hassoun Hicham Ayad |
author_sort |
Salah Eddine Sari Hassoun |
title |
RENEWABLE ENERGY AND SUSTAINABLE DEVELOPMENT: EVIDENCE FROM 17 OECD COUNTRIES / Renewable Energy and Sustainable Development: Evidence from 17 OECD Countries |
title_short |
RENEWABLE ENERGY AND SUSTAINABLE DEVELOPMENT: EVIDENCE FROM 17 OECD COUNTRIES / Renewable Energy and Sustainable Development: Evidence from 17 OECD Countries |
title_full |
RENEWABLE ENERGY AND SUSTAINABLE DEVELOPMENT: EVIDENCE FROM 17 OECD COUNTRIES / Renewable Energy and Sustainable Development: Evidence from 17 OECD Countries |
title_fullStr |
RENEWABLE ENERGY AND SUSTAINABLE DEVELOPMENT: EVIDENCE FROM 17 OECD COUNTRIES / Renewable Energy and Sustainable Development: Evidence from 17 OECD Countries |
title_full_unstemmed |
RENEWABLE ENERGY AND SUSTAINABLE DEVELOPMENT: EVIDENCE FROM 17 OECD COUNTRIES / Renewable Energy and Sustainable Development: Evidence from 17 OECD Countries |
title_sort |
renewable energy and sustainable development: evidence from 17 oecd countries / renewable energy and sustainable development: evidence from 17 oecd countries |
publisher |
Recep Tayyip Erdoğan Üniversitesi |
series |
Uluslararası Ekonomi, İşletme ve Politika Dergisi |
issn |
2587-2559 |
publishDate |
2020-04-01 |
description |
The achievement of sustainable development
goals is depending on different factors. The aim of this article is to investigate
the relationship between the renewable energy and the sustainable development.
We employed the endogenous variable the adjusted net savings as the sustainable
development factor, the renewable energy consumption as the exogenous variable,
following by the control variables the gross fixed capital formation and the
labour force. This work is done for 17 OECD countries during the period of
1990-2017. We assumed a balanced panel model, and we employed a panel random
effect model and a panel ARDL cointegration model. The outcomes showed that the
renewable energy consumption has a negative and significant impact on the
adjusted net saving in the short-run, but in the long-term the renewable energy
consumption has a positive influence on the sustainable development factor. Also,
a bidirectional panel Granger causality was established between both variables. |
topic |
the sustainable development the adjusted net saving the renewable energy oecd countries panel model the sustainable development the adjusted net saving the renewable energy oecd countries the panel data analysis |
url |
https://dergipark.org.tr/tr/pub/ueip/issue/50405/653074 |
work_keys_str_mv |
AT salaheddinesarihassoun renewableenergyandsustainabledevelopmentevidencefrom17oecdcountriesrenewableenergyandsustainabledevelopmentevidencefrom17oecdcountries AT hichamayad renewableenergyandsustainabledevelopmentevidencefrom17oecdcountriesrenewableenergyandsustainabledevelopmentevidencefrom17oecdcountries |
_version_ |
1721477478430539776 |