FACTORS AFFECTING ENERGY EFFICIENCY IN EMERGING ECONOMIES: MIXED MODELS
This study aims to explain energy efficiency by social, political, institutional, and economic variables for emerging countries during the 1990-2018 period. The estimated models exhibited cointegrated relationships. According to the predicted models, while GDP per capita and total factor productivit...
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Mehmet Akif Ersoy University
2023-03-01
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| Series: | Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi |
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| Online Access: | https://dergipark.org.tr/en/download/article-file/2350378 |
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| author | Mustafa Akal Çisem Bektur Mustafa Naimoğlu |
| author_facet | Mustafa Akal Çisem Bektur Mustafa Naimoğlu |
| author_sort | Mustafa Akal |
| collection | DOAJ |
| description | This study aims to explain energy efficiency by social, political, institutional, and economic variables for emerging countries during the 1990-2018 period. The estimated models exhibited cointegrated relationships. According to the predicted models, while GDP per capita and total factor productivity have the most positive effect on energy efficiency, on the other hand, fossil fuel use has the most negative effect on energy efficiency among economical variables. Social globalization, government efficiency, and control of corruption are positive; on the other hand, urbanization is negatively effective on energy efficiency.A 1% increase in GDP per capita improves the energy efficiency between 0.78% and 0.86%, and a 1% increase in total factor productivity increases it by about 0.48%. On the other hand, a 1% increase in fossil fuel consumption reduces energy efficiency between 0.56% and 0.70%. A 1% increase in the energy use of the service and industry sectors causes a decrease in the energy efficiency of about 0.43% and 0.19%, respectively. A 1% increase in social globalization, government efficiency, and control of corruption increase energy efficiency by about 0.15%, 0.10%, and 0.03%, respectively, while a 1% increase in urbanization decreases it by about 1.18% |
| format | Article |
| id | doaj-art-67a7c9585d5e4cc3b467e4bce59febfc |
| institution | Kabale University |
| issn | 2149-1658 |
| language | English |
| publishDate | 2023-03-01 |
| publisher | Mehmet Akif Ersoy University |
| record_format | Article |
| series | Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi |
| spelling | doaj-art-67a7c9585d5e4cc3b467e4bce59febfc2025-01-27T13:28:02ZengMehmet Akif Ersoy UniversityMehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi2149-16582023-03-0110138341710.30798/makuiibf.1097835273FACTORS AFFECTING ENERGY EFFICIENCY IN EMERGING ECONOMIES: MIXED MODELSMustafa Akal0https://orcid.org/0000-0002-0504-100XÇisem Bektur1https://orcid.org/0000-0001-9220-5932Mustafa Naimoğlu2https://orcid.org/0000-0001-9684-159XSAKARYA UNIVERSITYSAKARYA UNIVERSITYBİNGÖL ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİThis study aims to explain energy efficiency by social, political, institutional, and economic variables for emerging countries during the 1990-2018 period. The estimated models exhibited cointegrated relationships. According to the predicted models, while GDP per capita and total factor productivity have the most positive effect on energy efficiency, on the other hand, fossil fuel use has the most negative effect on energy efficiency among economical variables. Social globalization, government efficiency, and control of corruption are positive; on the other hand, urbanization is negatively effective on energy efficiency.A 1% increase in GDP per capita improves the energy efficiency between 0.78% and 0.86%, and a 1% increase in total factor productivity increases it by about 0.48%. On the other hand, a 1% increase in fossil fuel consumption reduces energy efficiency between 0.56% and 0.70%. A 1% increase in the energy use of the service and industry sectors causes a decrease in the energy efficiency of about 0.43% and 0.19%, respectively. A 1% increase in social globalization, government efficiency, and control of corruption increase energy efficiency by about 0.15%, 0.10%, and 0.03%, respectively, while a 1% increase in urbanization decreases it by about 1.18%https://dergipark.org.tr/en/download/article-file/2350378yükselen ekonomilerenerji etkinliğikarma modeller.emerging economiesenergy efficiencymixed models. |
| spellingShingle | Mustafa Akal Çisem Bektur Mustafa Naimoğlu FACTORS AFFECTING ENERGY EFFICIENCY IN EMERGING ECONOMIES: MIXED MODELS Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi yükselen ekonomiler enerji etkinliği karma modeller. emerging economies energy efficiency mixed models. |
| title | FACTORS AFFECTING ENERGY EFFICIENCY IN EMERGING ECONOMIES: MIXED MODELS |
| title_full | FACTORS AFFECTING ENERGY EFFICIENCY IN EMERGING ECONOMIES: MIXED MODELS |
| title_fullStr | FACTORS AFFECTING ENERGY EFFICIENCY IN EMERGING ECONOMIES: MIXED MODELS |
| title_full_unstemmed | FACTORS AFFECTING ENERGY EFFICIENCY IN EMERGING ECONOMIES: MIXED MODELS |
| title_short | FACTORS AFFECTING ENERGY EFFICIENCY IN EMERGING ECONOMIES: MIXED MODELS |
| title_sort | factors affecting energy efficiency in emerging economies mixed models |
| topic | yükselen ekonomiler enerji etkinliği karma modeller. emerging economies energy efficiency mixed models. |
| url | https://dergipark.org.tr/en/download/article-file/2350378 |
| work_keys_str_mv | AT mustafaakal factorsaffectingenergyefficiencyinemergingeconomiesmixedmodels AT cisembektur factorsaffectingenergyefficiencyinemergingeconomiesmixedmodels AT mustafanaimoglu factorsaffectingenergyefficiencyinemergingeconomiesmixedmodels |