The effect of energy usage, economic growth, and financial development on CO2 emission management: an analysis of OECD countries with a high environmental performance index

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dc.authorid0000-0003-0869-2454
dc.contributor.authorSzymczyk, Katarzyna
dc.contributor.authorŞahin, Dilek
dc.contributor.authorBağcı, Haşim
dc.contributor.authorKaygın, Ceyda Yerdelen
dc.date.accessioned2021-12-01T12:00:59Z
dc.date.available2021-12-01T12:00:59Z
dc.date.issued2021
dc.departmentSağlık Bilimleri Fakültesi
dc.description.abstractThe environmental performance index was developed to protect public health, and to sustain and manage the ecological vitality that is a crucial factor in countries’ social and economic development. The increase in CO2 emissions has been threatening environmental and human health. The main objective of this study is to evaluate the impact of economic growth, energy consumption, energy management, the urban population, trade openness, and financial development on CO2 emissions in the OECD countries that have a high ranking in the environmental performance index by utilizing the panel data analysis method for the years spanning 1990–2014. This assessment finds positive relationships between economic growth, energy consumption, and the urban population, and CO2 emissions. Moreover, it is put forward that a negative and significant relationship between financial development and CO2 emissions exists. Despite displaying a similar negative correlation, the relationship between trade openness and CO2 emissions is insignificant. In the Dumitrescu-Hurlin panel causality test conducted, it was seen that a two-way causality is prevalent between energy consumption and CO2 emissions. In addition, interrelations where CO2 emissions cause trade openness, and the urban population is an explanatory variable of the former relationship, were discovered.
dc.identifier.doi10.3390/en14154671
dc.identifier.endpage-en_US
dc.identifier.issn1996-1073
dc.identifier.issue15en_US
dc.identifier.scopusqualityQ1
dc.identifier.startpage-en_US
dc.identifier.urihttps:/dx.doi.org/10.3390/en14154671
dc.identifier.urihttps://hdl.handle.net/20.500.12451/8848
dc.identifier.volume14en_US
dc.identifier.wosWOS:000681875900001
dc.identifier.wosqualityQ3
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherMDPI AG
dc.relation.ispartofenerjiler
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectCarbon Management
dc.subjectCO2 Emission
dc.subjectEconomic Growth
dc.subjectEnergy Consumption
dc.subjectEnergy Management
dc.subjectHigh Environmental Performance Index
dc.subjectOECD Countries
dc.titleThe effect of energy usage, economic growth, and financial development on CO2 emission management: an analysis of OECD countries with a high environmental performance index
dc.typeArticle

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