THE NEXUS OF BETWEEN CO2 EMISSION, ENERGY ANDPOPULATION: EVIDENCE FROM A PANEL OF G7 COUNTRIES


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ÜNEN Ç.

Sosyal Bilimler Dergisi / The Journal of Social Science, sa.30, ss.325, 2018 (Hakemli Dergi)

Özet

The present report is the main initiative of the G7 countries to investigate the linkages  between  renewable  energy,  population  and  CO2  emissions  per  capita between 1990 and 2014 with GDP and non-renewable power. The variables used according to the panel unit root test applied in the study are stationary at the first level. According to Pedroni cointegration test to investigate co-integration between variables, there is co-integration between variables. According to the Panel OLS, FMOLS  and  DOLS  tests  we  use  to  determine  the  long-term  coefficients  of  the variables,  renewable  energy consumption  and  energy  production  from renewable sources  play  a  negative  role  in  carbon  absorption.  It  is  observed  that  energy production and consumption, GDP and urban population have a positive effect on carbon emission. According to the results of the tests carried out in the study, it is seen that the increase of carbon in these countries is increasing in the GDP variable which is one of the indicators of the advanced levels of the countries. For all these reasons, G7 country managers should be the pioneers in using renewable energy, to move  the  whole  world  to  the  era  of  renewable  energy  and  to  minimize  theenvironmental factors.