Energy consumption and economic growth: The case of transition economies

Çetintaş, Hakan

doi:10.1080/15567249.2011.633595

Cited by 12 publications

(5 citation statements)

References 14 publications

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“…These results suggest that carbon emission reduction strategies will reduce economic growth if no supplementary policies are taken to alter this causal relationship. Our study also confirms unidirectional causality running from economic growth to energy use (Ghosh 2002, Marathe and Mozumder 2007, Narayan and Smyth 2005, Chen et al 2007, Yoo 2006, Ozturk et al 2010, Altunbas and Kapusuzoglu 2011, Çetintaş 2016, confirming the conservation hypothesis (Ozturk et al 2010(Ozturk et al , Çetintaş 2016) regarding the impact of economic growth on energy use. This hypothesis suggests that a modification in the energy mix would not negatively affect economic growth.…”

Section: Resultssupporting

confidence: 85%

“…The non-linearity of the tourism-economic growth connection was suggested previously (Brida et al 2015, 2016. In order to test this non-linearity, this research proposes the hypothesis of a N-shaped nexus between economic growth and tourism to verify the effect of rising international tourism on economic growth in selected OECD countries 4 between 1994 and…”

Section: Methodsmentioning

confidence: 88%

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The dynamic effects of globalization process in analysing N-shaped tourism led growth hypothesis

Balsalobre‐Lorente

Driha

Sinha³

2020

Journal of Hospitality and Tourism Management

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This paper validates the tourism-led growth hypothesis for a panel of selected OECD countries, including the effects of per capita CO 2 , globalization and energy use during the period 1994-2014. The long-term relationship between economic growth and the above-mentioned variables is confirmed by applying unit root tests and cointegration approaches. The Generalized Method of Moments (GMM) methodology confirms a N-shaped relationship between international tourism and per capita economic growth. Globalization does not appear to be very effective in the short run for promoting economic growth; its impact on growth is determined through a finite-lag distribution, as the optimal effect can only be achieved in the long term. A direct relationship is detected between economic growth, energy use and globalization. The recommendation is to reshape regulatory frameworks with a clearer focus on promoting international tourism and more efficient energy use as a means of enhancing sustainable economic growth in developed countries. The empirical results reveal that fossil fuels account for a large part of the energy mix, so policy makers should consider reinforcing the promotion of clean energy sources and the use of more efficient processes.

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Section: Resultssupporting

confidence: 85%

Section: Methodsmentioning

confidence: 88%

The dynamic effects of globalization process in analysing N-shaped tourism led growth hypothesis

Balsalobre‐Lorente

Driha

Sinha³

2020

Journal of Hospitality and Tourism Management

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“…The findings show that the increase in the economic performance of the CIS has led to an increased level of CO 2 emissions, resulting from the increased demand for energy in 1992-2005. Despite the contrasting results by Çetintaş [37], empirical studies by Apergis and Payne [36] show a promising future for environmental sustainability in the CIS countries.…”

Section: Introductionmentioning

confidence: 93%

“…The studies on CIS energy efficiency available in the literature cover the years 2000-2014 [35]. Apergis and Payne [36] believe that the CIS countries had failed in reducing CO 2 emissions due to certain challenges, and Çetintaş [37] provides empirical evidence that supports this statement. The relationship between energy demand and economic growth has been explored in 17 transition economies, and 8 of them are CIS countries.…”

Section: Introductionmentioning

confidence: 99%

The RES in the Countries of the Commonwealth of Independent States: Potential and Production from 2015 to 2019

et al. 2021

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Amidst the changes and adjustments of the international energy situation, the leading trend is to shift from fossil fuels to low-carbon fuels, and ultimately, to enter the era of sustainable energy, based mainly on renewable energy. The ongoing changes in global security of energy supply and the high volatility of fossil energy prices also stimulate investment in alternative energy sources, making renewable energy sources (RES) one of the rapidly growing elements in the global energy system. This article fills the research gap by analyzing the potential of using renewable energy in the countries of the Commonwealth of Independent States (CIS) in the years 2015–2018. The authors address the energy potential in the years 2015–2019, and energy consumption in the years 2015–2018 as the potential of RES in the CIS countries was not researched after 2014. Please note that the study covers the CIS countries, along with Georgia and Ukraine, which are no longer formal members of the Community, but have been included for cognitive and comparative purposes. Upon comparing the increase in energy production in the CIS countries to the average increase for the European Union (EU) countries, the value of this increase is observably higher than the average for the EU countries only in Ukraine. However, the average for the entire CIS is much lower than the EU average, therefore in CIS countries, the changes in the volume of RES energy production are varied. In some countries, there is a significant increase in the production of this type of energy (e.g., Ukraine, Kyrgyzstan, Belarus, Kazakhstan, Georgia). However, there are also countries in which the changes are negligible, or which noted significant drops in RES energy production (Uzbekistan, Moldova, Russia, Armenia). The findings contribute to the RES market debate and the international relations theory by comparing political factors with territorial and economic factors.

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“…

is the difference operator, whereas

and

are the lag lengths which are chosen using Hannan-Quinn, Schwarz, and Akaike information criteria, as described in Çetintaş [ 51 ] .

is the serially uncorrelated error term,

is the error correction term which captures the pace of compensation to its long-run equilibrium at the speed

whenever there is a drift.…”

Section: Estimation Of Lpg Demand Elasticitymentioning

confidence: 99%

Analysis of household LPG demand elasticity in Cameroon and policy implications

Sapnken

Kibong

Tamba

2023

Heliyon

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Energy consumption and economic growth: The case of transition economies

Cited by 12 publications

References 14 publications

The dynamic effects of globalization process in analysing N-shaped tourism led growth hypothesis

The dynamic effects of globalization process in analysing N-shaped tourism led growth hypothesis

The RES in the Countries of the Commonwealth of Independent States: Potential and Production from 2015 to 2019

Analysis of household LPG demand elasticity in Cameroon and policy implications

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