Scopus
YÖKSİS Eşleşti
Empirical Analysis of Energy Consumption and Economic Growth in Post-Soviet Eurasia: Do They Matter for Foreign Policy?
Evaluation Review · Ocak 2024
YÖKSİS Kayıtları
Empirical Analysis of Energy Consumption and Economic Growth in Post-Soviet Eurasia: Do They Matter for Foreign Policy?
Evaluation Review · 2024 SSCI
PROFESÖR FATİH MANGIR →
Empirical Analysis of Energy Consumption and Economic Growth in Post-Soviet Eurasia: Do They Matter for Foreign Policy?
Evaluation Review · 2024 SSCI
PROFESÖR VAKUR SÜMER →
Makale Bilgileri
DergiEvaluation Review
Yayın TarihiOcak 2024
Scopus ID2-s2.0-85181516827
Özet
This study aims to evaluate the relationship between renewable and non-renewable energy consumption and economic growth in post-Soviet Eurasian countries by employing panel data from 15 countries from 1996 to 2018. The results reveal that the contribution of renewable energy consumption (REC) to economic growth is greater than non-renewable energy consumption. The overall findings imply that the transformation of energy consumption from non-renewable to renewable offers environmental advantages and growth opportunities. Furthermore, the transition to renewables may also expand the range of foreign relations policy options available for these countries, which, in turn, might contribute to a better alignment with evolving global regimes. Transition demands towards the long-term sustainability of global energy sources put pressure on countries to expand their domestic policy efforts and join international cooperation efforts. Therefore, post-Soviet Eurasian countries should develop strategic policy mechanisms and reforms designed to accelerate investments in renewable energy technologies.
Yazarlar (3)
1
Metin Aksoy
2
Fatih Mangir
3
Vakur Sümer
ORCID: 0000-0002-7015-5660
Anahtar Kelimeler
and C23
economic growth
F50
foreign policy
JEL classification
non-renewable energy consumption
panel data analysis
post-Soviet Eurasia
Q43
renewable energy consumption
Kurumlar
Selçuk Üniversitesi
Selçuklu Turkey