Akademik Veri Yönetim Sistemi
Emerging Patterns and Behaviors in a Green Resilient Economy, Jean Vasile Andrei,Adriana Grigorescu, Editör, Emerald Publishing Limited, London, ss.61-75, 2024
Energy affects all areas of daily life. Especially with the
industrial revolution, the fact that manufacturing has become the engine of
economic growth has led to a rise in energy consumption. In this process, the
countries of the world have increased their economic growth with traditional energy
consumption, and this has increased carbon emissions. However, to fulfill the
sustainable development goals, both the continuation of economic growth and the
reduction of carbon emissions are required. In this context, the substitution
of renewable energy consumption in place of traditional energy sources has
started to be discussed. The aim of this study is to research the relationships
among CO2 emissions, manufacturing growth, and renewable energy consumption.
For this aim, the relationship among carbon emissions, manufacturing growth,
and renewable energy consumption is analyzed for the period 1997–2019 in 38
Organisation for Economic Co-operation and Development (OECD) countries. With
respect to the findings of autoregressive distributed lag (ARDL) test results, manufacturing
growth enhances CO2 emissions both in the short and long terms. As the
proportion of renewable energy consumption in total energy consumption rises,
CO2 emissions decrease both in the short and long terms. On the other hand,
according to the Dumitrescu–Hurlin causality test results, there is a one-way
causality relationship from carbon emissions to manufacturing growth and from
renewable energy consumption to carbon emissions. When the findings are evaluated
together, it is understood that renewable energy consumption is a substantial
factor in tackling the deadlock of lessening the carbon emissions without
adversely impacting manufacturing growth. Therefore, policymakers need to
encourage renewable energy consumption.