International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Open Access | Fully Refereed | Peer Reviewed

ISSN: 2319-7064


Downloads: 121

Research Paper | Economics | Turkey | Volume 4 Issue 4, April 2015


On the Causal Relationship between Economic Growth and Renewable Energy Consumption: The Case of Turkey

Burhan DOAN, zgr AKEK


Abstract: Energy is one of the major factor for the economic growth. Countries have to produce more in order to achieve sustainable growth target. Thus, they have to consume more energy. Developed economies are trying to mini-mize the ecological damage as they are achieving their target economic growth rate. Efficient usage of renewa-ble energy sources is the corner stone of this effort. Turkey has planned to have high, sustainable economic growth rate.21st century is the time that CO2 emission has peaked. Hence, scientists have become more and more curious about high, sustainable and eco-friendly economic growth since the early days of 21st century. There are four hypothesizes regarding this matter. First hypothesis states that there are no causal relationship between economic growth and renewable energy consumption. Second hypothesis indicates that there is a uni-directional causality between economic growth and renewable energy consumption and causality runs from renewable energy consumption and economic growth. Third hypothesis stands for this, there is a unidirectional causality between economic growth and renewable energy consumption and it runs from economic growth and renewable energy consumption. Last hypothesis is called feedback hypothesis. It means that there is a bi-directional causal relationship between two variables. The current study investigates the causal relationship between economic growth and renewable energy con-sumption in Turkey between 1980 and 2013. Granger causality test is used to examine the causal relationships between economic growth and renewable energy consumption. Empirical evidence shows that, based on the Granger Causality Test, there is bi-directional Granger causality exists between economic growth and renewable energy consumption, results indicate that the renewable energy consumption cause real GDP, which can explain the role of renewable energy in stimulating economic growth in Turkey.


Keywords: Renewable energy, Economic growth, Granger Causality, Green economy, Environment


Edition: Volume 4 Issue 4, April 2015,


Pages: 2768 - 2777


How to Cite this Article?

Burhan DOAN, zgr AKEK, "On the Causal Relationship between Economic Growth and Renewable Energy Consumption: The Case of Turkey", International Journal of Science and Research (IJSR), https://www.ijsr.net/get_abstract.php?paper_id=23041505, Volume 4 Issue 4, April 2015, 2768 - 2777

How to Share this Article?

Enter Your Email Address


Similar Articles with Keyword 'Economic growth'

Downloads: 0

Masters Thesis, Economics, Kenya, Volume 10 Issue 5, May 2021

Pages: 1211 - 1215

The Effects of Ageing Population Growth Rate on GDP in Kenya

Tanui Kiprotich Leonard

Share this Article

Downloads: 1 | Monthly Hits: ⮙1

Research Paper, Economics, Kenya, Volume 10 Issue 11, November 2021

Pages: 390 - 396

Financial Development and Economic Growth in Kenya: Granger Causality Approach

Kiprop J. Mercy

Share this Article

Similar Articles with Keyword 'Granger Causality'

Downloads: 1 | Monthly Hits: ⮙1

Research Paper, Economics, Kenya, Volume 10 Issue 11, November 2021

Pages: 390 - 396

Financial Development and Economic Growth in Kenya: Granger Causality Approach

Kiprop J. Mercy

Share this Article

Downloads: 90

Research Paper, Economics, China, Volume 6 Issue 8, August 2017

Pages: 1291 - 1295

The Influence of Supply-Side Factors on the Upgrading of Chinas Industrial Structure

Juan Shang, Yao Tong

Share this Article

Similar Articles with Keyword 'Environment'

Downloads: 1

Research Paper, Economics, Vietnam, Volume 10 Issue 7, July 2021

Pages: 894 - 900

The Effect of Corporate Sustainability on Performance of Tourist Businesses and the Mediating Role of Employee Commitment, Investor Commitment and Community Participation: The Case in Vietnam South Central Coast

Vo Thi Tam, Vo Tan Phong

Share this Article

Downloads: 30

Research Paper, Economics, India, Volume 10 Issue 3, March 2021

Pages: 999 - 1003

Prospective Role of Agro-Tourism in Transformation of Rural India

Dr. Sharmila Bose

Share this Article

Similar Articles with Keyword 'energy'

Downloads: 2

Research Paper, Economics, India, Volume 10 Issue 9, September 2021

Pages: 1236 - 1241

Impact and Pathways of Transitioning to Solar Energy in Rural India

Rohan Ray

Share this Article

Downloads: 41

Research Paper, Economics, China, Volume 10 Issue 1, January 2021

Pages: 1128 - 1131

Research on the Effect of Green Finance on the Upgrading of Chinas Industrial Structure

Huilin Lu

Share this Article

Similar Articles with Keyword 'Economic'

Downloads: 232 | Monthly Hits: ⮙3

Research Paper, Economics, India, Volume 9 Issue 4, April 2020

Pages: 1262 - 1264

Relief to the Indian Economy Struggling with the Corona Pandemic

Dr. Gayatri Tanwar

Share this Article

Downloads: 115

Research Paper, Economics, India, Volume 9 Issue 6, June 2020

Pages: 1176 - 1179

An Economics Analysis of Rose Production System in Pushkar Sub-Tehsil of Ajmer

Dr. Gayatri Tanwar

Share this Article

Similar Articles with Keyword 'growth'

Downloads: 0

Masters Thesis, Economics, Kenya, Volume 10 Issue 5, May 2021

Pages: 1211 - 1215

The Effects of Ageing Population Growth Rate on GDP in Kenya

Tanui Kiprotich Leonard

Share this Article

Downloads: 1

Informative Article, Economics, India, Volume 10 Issue 10, October 2021

Pages: 511 - 514

Economic Impact of COVID-19 on Industrial Sectors in India - A Silver Lining for Some?

Tarunima Agarwal

Share this Article

Similar Articles with Keyword 'Granger'

Downloads: 1 | Monthly Hits: ⮙1

Research Paper, Economics, Kenya, Volume 10 Issue 11, November 2021

Pages: 390 - 396

Financial Development and Economic Growth in Kenya: Granger Causality Approach

Kiprop J. Mercy

Share this Article

Downloads: 90

Research Paper, Economics, China, Volume 6 Issue 8, August 2017

Pages: 1291 - 1295

The Influence of Supply-Side Factors on the Upgrading of Chinas Industrial Structure

Juan Shang, Yao Tong

Share this Article

Similar Articles with Keyword 'Causality'

Downloads: 1 | Monthly Hits: ⮙1

Research Paper, Economics, Kenya, Volume 10 Issue 11, November 2021

Pages: 390 - 396

Financial Development and Economic Growth in Kenya: Granger Causality Approach

Kiprop J. Mercy

Share this Article

Downloads: 90

Research Paper, Economics, China, Volume 6 Issue 8, August 2017

Pages: 1291 - 1295

The Influence of Supply-Side Factors on the Upgrading of Chinas Industrial Structure

Juan Shang, Yao Tong

Share this Article

Similar Articles with Keyword 'Green'

Downloads: 41

Research Paper, Economics, China, Volume 10 Issue 1, January 2021

Pages: 1128 - 1131

Research on the Effect of Green Finance on the Upgrading of Chinas Industrial Structure

Huilin Lu

Share this Article

Downloads: 115

Informative Article, Economics, India, Volume 3 Issue 8, August 2014

Pages: 498 - 501

Need of The Hour/Diversificatio in Punjab

Dr Veena Sharma

Share this Article

Similar Articles with Keyword 'economy'

Downloads: 232 | Monthly Hits: ⮙3

Research Paper, Economics, India, Volume 9 Issue 4, April 2020

Pages: 1262 - 1264

Relief to the Indian Economy Struggling with the Corona Pandemic

Dr. Gayatri Tanwar

Share this Article

Downloads: 252

Research Paper, Economics, India, Volume 9 Issue 3, March 2020

Pages: 393 - 395

Self Help Groups: A Mechanism for Social Entrepreneurship

Dr. Gaonkar Gopalakrishna M, Manjunatha M

Share this Article
Top