Reinvestigation of the validity of the EKC hypothesis extended with energy: A time-varying analysis for the United Kingdom

dc.authoridAndreoni, Valeria/0000-0002-9101-4429
dc.authoridGorus, Muhammed Sehid/0000-0002-7614-4567
dc.authoridYilanci, Veli/0000-0001-5738-690X
dc.contributor.authorYilanci, Veli
dc.contributor.authorGorus, Muhammed Sehid
dc.contributor.authorAndreoni, Valeria
dc.date.accessioned2025-01-27T20:29:04Z
dc.date.available2025-01-27T20:29:04Z
dc.date.issued2023
dc.departmentÇanakkale Onsekiz Mart Üniversitesi
dc.description.abstractThe Environmental Kuznets Curve (EKC) hypothesis has been extensively analyzed as a long-term relationship between the economic development stages and related environmental impacts. Most of the existing literature has however produced unreliable results as extensive databases have been used without considering the length of the time span. In this study, the EKC hypothesis is re-investigated for the United Kingdom for the time period 1850-2018. The objective is to conduct an innovative methodological approach that, contrary to the conven-tional estimation methods, uses time-varying techniques-the time-varying cointegration test of Bierens and Martins (2010) and the time-varying causality test of Shi et al. (2018, 2020)-to account for the incidence of unexpected historical events, such as socio-economic and policy crises. Results show that, for the considered years, the EKC hypothesis is valid for the UK. In addition, by including income, carbon dioxide emissions, and energy consumption data, the present study also analyses the environmental impacts of energy use and the environmental quality changes that have taken place during the considered period of time. This result proves that energy consumption pollutes the environment significantly; however, the magnitude of its impact can be affected by many shocks. According to the empirical findings, policymakers could adhere to current policies because environmental quality has started to increase for several decades in the United Kingdom. The employed methodology, and the related results, can support the definition of policies and the development of additional research initiatives.
dc.identifier.doi10.1016/j.jclepro.2023.139284
dc.identifier.issn0959-6526
dc.identifier.issn1879-1786
dc.identifier.scopus2-s2.0-85174450073
dc.identifier.scopusqualityQ1
dc.identifier.urihttps://doi.org/10.1016/j.jclepro.2023.139284
dc.identifier.urihttps://hdl.handle.net/20.500.12428/22807
dc.identifier.volume428
dc.identifier.wosWOS:001108601300001
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherElsevier Sci Ltd
dc.relation.ispartofJournal of Cleaner Production
dc.relation.publicationcategoryinfo:eu-repo/semantics/openAccess
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20250125
dc.subjectEKC hypothesis
dc.subjectEnergy consumption
dc.subjectGranger causality
dc.subjectTime-varying coefficients
dc.subjectUnited Kingdom
dc.titleReinvestigation of the validity of the EKC hypothesis extended with energy: A time-varying analysis for the United Kingdom
dc.typeArticle

Dosyalar