How do economic growth, trade openness, and non-renewable and renewable energy affect environmental quality in VISTA Countries?

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Tarih

2024

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

UNIV ISLAM INDONESIA

Erişim Hakkı

info:eu-repo/semantics/openAccess

Özet

Purpose - This study examines the effects of economic growth, the use of renewable and non-renewable energy sources, and trade openness on carbon emissions in VISTA countries (Vietnam, Indonesia, South Africa, Turkiye, and Argentina) Method - In this work, empirical methods include the secondgeneration unit root and cointegration tests, as well as Panel AMG and Panel CCE estimators. Findings - The following are the key findings. First, the variables demonstrate a long-run relationship. Second, economic growth and the consumption of non-renewable energy sources contribute to an increase in carbon emissions over time, whereas the consumption of renewable energy sources lowers carbon emissions over time. Implication - To promote sustainable growth in VISTA countries, it is recommended to increase investments in renewable energy sources while enhanching public sector supports for the private sector. Originality - This is the first study to examine how economic growth, trade openness, and renewable and non-renewable energy sources affect carbon emissions in VISTA nations.

Açıklama

Anahtar Kelimeler

VISTA countries, Economic growth, Trade openness, Renewable and nonrenewable energy, Carbon emissions

Kaynak

ECONOMIC JOURNAL OF EMERGING MARKETS

WoS Q Değeri

N/A

Scopus Q Değeri

N/A

Cilt

16

Sayı

1

Künye

Bayar, İlyas, & Dabakoglu, M. (2024). How do economic growth, trade openness, and non-renewable and renewable energy affect environmental quality in VISTA Countries?. Economic Journal of Emerging Markets, 16(1), 63–76. https://doi.org/10.20885/ejem.vol16.iss1.art6