The contribution of technological innovation, trade and economic development to renewable energy use in the United Kingdom, Germany and Turkey

IF 1.5 Q2 ECONOMICS

OPEC Energy Review Pub Date : 2024-08-05 DOI:10.1111/opec.12313

Mounir El‐Karimi, Karim Belcaid

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Abstract

This paper examines the causal impact of the technological innovation, trade openness and economic growth on the renewable energy use (RE) in Germany, the United Kingdom and Turkey. To this end, Breitung and Candelon (Journal of Econometrics, 2006, 132, 363) causality test linked to Toda and Yamamoto (Journal of Econometrics, 1995, 66, 225) procedure is applied on data for the period 1985–2021. Our results indicate that the German RE is mainly affected by the technological innovation and economic growth, but over the long‐term. Regarding the United Kingdom, its RE dynamics is found to be significantly impacted by the technological progress, trade openness and output growth all together, but only during the long‐run. However, in Turkey, the RE long‐term pattern is mainly led by the technological innovation, while the RE short‐term dynamics is primarily drown by the trade openness. This study provides policymakers a better understanding of RE pattern to formulate appropriate policies dealing with energy security, sustainable development and environmental pollution.

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英国、德国和土耳其的技术创新、贸易和经济发展对可再生能源利用的贡献

本文研究了德国、英国和土耳其的技术创新、贸易开放度和经济增长对可再生能源利用的因果影响。为此，对 1985-2021 年期间的数据采用了 Breitung 和 Candelon（《计量经济学杂志》，2006 年，132，363）与 Toda 和 Yamamoto（《计量经济学杂志》，1995 年，66，225）的因果检验程序。结果表明，德国的可再生能源主要受技术创新和经济增长的影响，但这是长期的。至于英国，其可再生能源动态受技术进步、贸易开放度和产出增长的共同影响较大，但仅限于长期影响。然而，在土耳其，可再生能源的长期模式主要由技术创新主导，而可再生能源的短期动态则主要受贸易开放度的影响。这项研究使政策制定者能够更好地理解可再生能源模式，从而制定适当的政策来应对能源安全、可持续发展和环境污染问题。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

OPEC Energy Review ECONOMICS-

CiteScore

2.90

自引率

4.50%

发文量