Oktay Özkan, Hephzibah Onyeje Obekpa, Stephen Taiwo Onifade, Andrew Adewale Alola
{"title":"Probing environmental sustainability aspects of resource efficiency, renewable energy usage and globalization","authors":"Oktay Özkan, Hephzibah Onyeje Obekpa, Stephen Taiwo Onifade, Andrew Adewale Alola","doi":"10.1016/j.gr.2024.10.016","DOIUrl":null,"url":null,"abstract":"Given the pace of economic expansion arising from energy usage among other social and economic factors, emerging economies such as Turkey are increasingly becoming the focus for a net zero future. Therefore, the current attempt considers the drivers of environmental sustainability via load capacity factor (LCF) in the context of resource efficiency, renewable energy utilization, and globalization for Turkey over the period 1982 to 2019. By employing series of empirical tools that include cross-quantilogram method, quantile-on-quantile regression, quantile regression approaches, and the nonparametric quantile Granger causality approach, the result shows there is statistically significant evidence of quantile-to-quantile dependence among the trio of (resource efficiency, renewable energy utilization, and globalization) and LCF such that the dependence it reflects some levels of positive directional predictability, thus showing that these indicators are important drivers of environmental sustainability in Turkey. Furthermore, for the quantile-on-quantile regression results, there are statistically significant and positive effects of (i) resource efficiency on LCF across its conditional quantiles of distribution, (ii) renewable energy utilization on LCF and is mostly visible at the lower quantile up to the upper middle quantiles of renewable energy utilization (0.05–0.65), and (iii) globalization on LCF across the lower to upper middle quantiles. With the other empirical approaches providing similar results, the outcome of this investigation offers specific policy insight into resource circularity and energy efficiency.","PeriodicalId":12761,"journal":{"name":"Gondwana Research","volume":"19 1","pages":""},"PeriodicalIF":7.2000,"publicationDate":"2024-11-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Gondwana Research","FirstCategoryId":"89","ListUrlMain":"https://doi.org/10.1016/j.gr.2024.10.016","RegionNum":1,"RegionCategory":"地球科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"GEOSCIENCES, MULTIDISCIPLINARY","Score":null,"Total":0}
引用次数: 0
Abstract
Given the pace of economic expansion arising from energy usage among other social and economic factors, emerging economies such as Turkey are increasingly becoming the focus for a net zero future. Therefore, the current attempt considers the drivers of environmental sustainability via load capacity factor (LCF) in the context of resource efficiency, renewable energy utilization, and globalization for Turkey over the period 1982 to 2019. By employing series of empirical tools that include cross-quantilogram method, quantile-on-quantile regression, quantile regression approaches, and the nonparametric quantile Granger causality approach, the result shows there is statistically significant evidence of quantile-to-quantile dependence among the trio of (resource efficiency, renewable energy utilization, and globalization) and LCF such that the dependence it reflects some levels of positive directional predictability, thus showing that these indicators are important drivers of environmental sustainability in Turkey. Furthermore, for the quantile-on-quantile regression results, there are statistically significant and positive effects of (i) resource efficiency on LCF across its conditional quantiles of distribution, (ii) renewable energy utilization on LCF and is mostly visible at the lower quantile up to the upper middle quantiles of renewable energy utilization (0.05–0.65), and (iii) globalization on LCF across the lower to upper middle quantiles. With the other empirical approaches providing similar results, the outcome of this investigation offers specific policy insight into resource circularity and energy efficiency.
期刊介绍:
Gondwana Research (GR) is an International Journal aimed to promote high quality research publications on all topics related to solid Earth, particularly with reference to the origin and evolution of continents, continental assemblies and their resources. GR is an "all earth science" journal with no restrictions on geological time, terrane or theme and covers a wide spectrum of topics in geosciences such as geology, geomorphology, palaeontology, structure, petrology, geochemistry, stable isotopes, geochronology, economic geology, exploration geology, engineering geology, geophysics, and environmental geology among other themes, and provides an appropriate forum to integrate studies from different disciplines and different terrains. In addition to regular articles and thematic issues, the journal invites high profile state-of-the-art reviews on thrust area topics for its column, ''GR FOCUS''. Focus articles include short biographies and photographs of the authors. Short articles (within ten printed pages) for rapid publication reporting important discoveries or innovative models of global interest will be considered under the category ''GR LETTERS''.