Yenilenemeyen Enerji Tüketimi ile Ekonomik Büyüme Arasındaki İlişki: Avrupa Kıtasının Bölgesel Analizi

Yenilenemeyen enerji tüketimi ve ülkelerin ekonomik durumları birbirine bağlı olgular olarak ele alınmaktadır. Bu nedenle bu çalışma, ülkelerin yenilenemeyen enerji tüketimi ve ekonomik büyümeleri arasındaki ilişkiyi incelemeyi amaçlamaktadır. Bu çalışma, Avrupa kıtasının Doğu, Orta, Kuzey, Güney ve Batı bölgelerini, 1990 ve 2014 dönemleri arasında analiz etmektedir. Bildiğimiz kadarıyla bu çalışma, yenilenemeyen enerji tüketimi ile ekonomik büyüme arasındaki ilişkiyi, Avrupa kıtasındaki bölgelere göre analiz eden ilk çalışmadır. Bu çalışma, yenilenemeyen enerji tüketimi ve ekonomik büyüme arasındaki ilişkiyi incelemek amacıyla panel nedensellik analizi yöntemini kullanmaktadır. Analiz sonuçlarına göre, Doğu, Orta, Kuzey ve Güney Avrupa bölgelerinde yenilenemeyen enerji tüketimi ile ekonomik büyüme arasında çift yönlü nedensellik olduğu belirlenirken, Batı Avrupa’da yenilenemeyen enerji tüketiminden ekonomik büyümeye doğru tek yönlü bir ilişki olduğu belirlenmiştir. Sonuç olarak, yenilenemeyen enerji tüketimi ve ekonomik büyümenin, ülkelerin iklim değişikliğine yönelik kaygıları, aldıkları çevresel önlemler ve sürdürülemez üretimi azaltmaya yönelik teşviklere rağmen Avrupa ülkelerinde hala birbiriyle bağlantılı olgular olduğu belirlenmiştir.

The Relationship between Non-Renewable Energy Consumption and Economic Growth: A Regional Analysis of European Continent

This study aims to examine the relationship between the non-renewable energy consumption of the countries and their economic status since energy consumption and production appear to be interconnected phenomena. This study analyses the Eastern, Middle, North, South, and Western regions of the European continent from 1990 to 2014. To the best of our knowledge, this is the first paper to analyze the relationship between non-renewable energy consumption and economic growth in the European continent by region. The study adopts a panel causality process to examine the relationship between two phenomena. According to the empirical analyses, there is bidirectional causality between non-renewable energy consumption and economic growth in Eastern, Middle, North, and South European regions whereas a unidirectional relationship from non-renewable energy consumption to economic growth in the Western. Non-renewable energy consumption and economic growth are still interconnected phenomena in the European countries even though climate concerns, environmental precautions, and promotion to reduce unsustainable production.

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