What is the role of the rents in energy connection with economic growth for China and the United States

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dc.authorid0000-0001-9275-1271en_US
dc.contributor.authorKorkmaz, Özge
dc.date.accessioned2022-04-14T13:18:15Z
dc.date.available2022-04-14T13:18:15Z
dc.date.issued2022en_US
dc.departmentMTÖ Üniversitesi, Sosyal ve Beşeri Bilimler Fakültesi, Yönetim Bilişim Sistemleri Bölümüen_US
dc.description.abstractEnergy is one of the essential factors in the industrial production process, and it is important for economic growth. Within the context of the debate on the ecological consequences of energy usage and the importance of renewable energy, we have analyzed the relationships between fossil energy and GDP for both China and the United States. This study has been constructed on related economic data from 1990 to 2015. By employing the Hacker and Hatemi-J (2006) causality tests and the Autoregressive Distributed Lag (ARDL) bounds testing approach, we have examined the relationship between economic growth (GDP) and all of the following: natural gas rents, renewable energy consumption, renewable electricity production, coal rents, and oil rents. The main contribution of this study to literature is relating and analyzing the relationship between GDP and all of the following: renewable energy (RE) consumption and production, fossil energy consumption and production, as well as gas/coal/oil rents for the United States and China. It considers the nexus not only separately but also collectively. Furthermore, to explore the causality connection between each type of energy input, this method is employed. Our empirical findings show that there is no long-term causal relationship among these variables for China while there is a long-term causal relationship among the variables in the United States. In addition, we found that the RE production, fossil energy production, and consumption, GDP, rents, all of these variables cause RE consumption in both China and the United Statesen_US
dc.identifier.citationKorkmaz, Ö. (2022). What is the role of the rents in energy connection with economic growth for China and the United States?. Resources Policy, 75, 102517.en_US
dc.identifier.doi10.1016/j.resourpol.2021.102517
dc.identifier.issn0301-4207en_US
dc.identifier.issue102517en_US
dc.identifier.scopus2-s2.0-85121108305en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.urihttps://doi.org/10.1016/j.resourpol.2021.102517
dc.identifier.urihttps://hdl.handle.net/20.500.12899/984
dc.identifier.volume75en_US
dc.identifier.wosWOS:000855308400001en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.institutionauthorKorkmaz, Özge
dc.language.isoenen_US
dc.publisherElsevier Ltden_US
dc.relation.ispartofResources Policyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectEconomic Growthen_US
dc.subjectEnergy Rentsen_US
dc.subjectFossil Energyen_US
dc.subjectRenewable Energyen_US
dc.titleWhat is the role of the rents in energy connection with economic growth for China and the United Statesen_US
dc.typeArticleen_US

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