Welcome to the InfoSci Platform
The Relationship Between Index of Sustainable Economic Welfare and Renewable Energy Production in Turkey: Findings From the RALS-EG Test

The Relationship Between Index of Sustainable Economic Welfare and Renewable Energy Production in Turkey: Findings From the RALS-EG Test

Muhammet Fatih Coşkun, Gökhan Konat
Copyright: © 2023 |Pages: 14
ISBN13: 9781668467275|ISBN10: 1668467275|ISBN13 Softcover: 9781668467282|EISBN13: 9781668467299
DOI: 10.4018/978-1-6684-6727-5.ch001
Cite Chapter Cite Chapter

MLA

Coşkun, Muhammet Fatih, and Gökhan Konat. "The Relationship Between Index of Sustainable Economic Welfare and Renewable Energy Production in Turkey: Findings From the RALS-EG Test." Perspectives on Ecological Degradation and Technological Progress, edited by Veli Yilanci, IGI Global, 2023, pp. 1-14. https://doi.org/10.4018/978-1-6684-6727-5.ch001

APA

Coşkun, M. F. & Konat, G. (2023). The Relationship Between Index of Sustainable Economic Welfare and Renewable Energy Production in Turkey: Findings From the RALS-EG Test. In V. Yilanci (Ed.), Perspectives on Ecological Degradation and Technological Progress (pp. 1-14). IGI Global. https://doi.org/10.4018/978-1-6684-6727-5.ch001

Chicago

Coşkun, Muhammet Fatih, and Gökhan Konat. "The Relationship Between Index of Sustainable Economic Welfare and Renewable Energy Production in Turkey: Findings From the RALS-EG Test." In Perspectives on Ecological Degradation and Technological Progress, edited by Veli Yilanci, 1-14. Hershey, PA: IGI Global, 2023. https://doi.org/10.4018/978-1-6684-6727-5.ch001

Export Reference

Mendeley
Favorite

Abstract

ISEW (Index of Sustainable Economic Welfare), one of the important indicators of sustainable development, is an important tool that should be measured regularly and its relationship with other macroeconomic indicators should be closely monitored. In this context, the current calculation of ISEW in the Turkish economy and the analysis of its relations with renewable energy generation constitutes the purpose of this study. As a result of the econometric tests, it is found that there is a long-term relationship between the two variables considered according to the RALS-EG cointegration test. The long-term coefficient estimation of the co-integrated variables has been estimated by the dynamic OLS (DOLS) method, and it is seen that renewable energy production has a negative effect on sustainable development. This result differs from the majority of studies on developed countries. Theory and literature say that renewable energy will support sustainable development.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.