The causal relationship between public investment in renewable energy and climate change performance index

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dc.authorid0000-0001-9629-3036
dc.authorid0000-0002-0685-7641
dc.authorid0000-0002-5131-577X
dc.contributor.authorVergil, Hasan
dc.contributor.authorMursal, Marwa
dc.contributor.authorKaplan, Muhittin
dc.contributor.authorKhan, Asad ul Islam
dc.contributor.otherYönetim Bilimleri Fakültesi, İktisat Bölümü
dc.date.accessioned2025-01-29T14:03:13Z
dc.date.available2025-01-29T14:03:13Z
dc.date.issued2025
dc.departmentİHÜ, Yönetim Bilimleri Fakültesi, İktisat Bölümü
dc.departmentİHÜ, Lisansüstü Eğitim Enstitüsü, İktisat Ana Bilim Dalı
dc.description.abstractAddressing the current environmental challenges requires optimizing climate actions and understanding the complex relationships among them. This paper aims to provide insights into how public investment in renewable energy influences various dimensions of climate change, including emissions, efficiency, renewable energy deployment, and policy effectiveness. This study seeks to explore the causal connection between public investment in renewable energy and the Climate Change Performance Indicator (CPI) from 2007 to 2017, utilizing data provided by German Watch. The method used is Dumitrescu and Hurlin’s (2012) Granger Causality. The study unveils a unidirectional causality from Renewable Energy Investment (REI) to climate change performance. Additionally, it emphasizes the critical role of energy efficiency in attracting investments in renewable energy. Surprisingly, the study finds that REI influences the quality of climate policy. Furthermore, the study identifies a bi-directional causality between a renewable energy share and REI. The contribution of the paper lies in its analysis of public investment in renewable energy, covering areas beyond just public finance for R&D in renewable energy, as also exploring the causal link between this investment and CPI. It offers policymakers insights on how financial governmental interventions can effectively drive climate action.
dc.identifier.citationVergil, H., Mursal, M., Kaplan, M. & Khan, A. I. (2025). The causal relationship between public investment in renewable energy and climate change performance index. International Journal of Energy Economics and Policy, 15(1), 121-130. https://www.doi.org/10.32479/ijeep.17308
dc.identifier.doi10.32479/ijeep.17308
dc.identifier.endpage130
dc.identifier.issn2146-4553
dc.identifier.issue1
dc.identifier.scopus2-s2.0-85213796564
dc.identifier.scopusqualityQ1
dc.identifier.startpage121
dc.identifier.urihttps://www.doi.org/10.32479/ijeep.17308
dc.identifier.urihttps://hdl.handle.net/20.500.12154/3179
dc.identifier.volume15
dc.indekslendigikaynakScopus
dc.institutionauthorVergil, Hasan
dc.institutionauthorMursal, Marwa
dc.institutionauthorKaplan, Muhittin
dc.institutionauthorKhan, Asad ul Islam
dc.institutionauthorid0000-0001-9629-3036
dc.institutionauthorid0000-0002-0685-7641
dc.institutionauthorid0000-0002-5131-577X
dc.language.isoen
dc.publisherEconjournals
dc.relation.ispartofInternational Journal of Energy Economics and Policy
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Öğrenci
dc.relation.publicationcategoryÖğrenci
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectClimate Policy
dc.subjectEnergy Efficiency
dc.subjectPublic Investment in Renewable Energy
dc.subjectRenewable Energy
dc.titleThe causal relationship between public investment in renewable energy and climate change performance index
dc.typeArticle
dspace.entity.typePublication
relation.isAuthorOfPublication4ddbbf27-866d-4382-b789-9235bdb902c0
relation.isAuthorOfPublication04e6333a-2ec2-4c28-a02b-c49e3f178e90
relation.isAuthorOfPublication5d56d061-267c-4b33-8b78-b50e651ee5aa
relation.isAuthorOfPublication.latestForDiscovery4ddbbf27-866d-4382-b789-9235bdb902c0
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