Assessing the Role of Agriculture and Energy Use on Environmental Sustainability: Evidence from RALS Cointegration Technique

<p>This study is relevant towards determining the ability of Turkey in mitigating environmental degradation which is one of the major areas of concern. Therefore, we aimed to examine the linkage among agriculture, energy use, economic performance and FDI with environmental sustainability. To t...

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Autores principales:	Kamil Sertoglu, Lucy Davou Philip, Fırat Emir
Formato:	article
Lenguaje:	EN
Publicado:	EconJournals 2021
Materias:	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5
Acceso en línea:	https://doaj.org/article/e617aefd10d04aa98615a8739c8c57b6
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spelling	oai:doaj.org-article:e617aefd10d04aa98615a8739c8c57b62021-11-12T07:27:31ZAssessing the Role of Agriculture and Energy Use on Environmental Sustainability: Evidence from RALS Cointegration Technique2146-4553https://doaj.org/article/e617aefd10d04aa98615a8739c8c57b62021-11-01T00:00:00Zhttps://econjournals.com/index.php/ijeep/article/view/11842https://doaj.org/toc/2146-4553<p>This study is relevant towards determining the ability of Turkey in mitigating environmental degradation which is one of the major areas of concern. Therefore, we aimed to examine the linkage among agriculture, energy use, economic performance and FDI with environmental sustainability. To this end, ecological footprint has been considered as a more comprehensive and reliable indicator to measure the level of environmental degradation. This relationship has been investigated with different approaches such as the Residual Augmented Least Squares Augmented Dickey -Fuller (RALS-ADF), Residual Augmented Least Squares Engle and Granger (RALS-EG) and leveraged bootstrap causality test for the period from 1970 to 2017. The RALS procedure was utilized to analyze the stationarity level of each variable and their cointegration relationship. The findings confirmed that all the variables investigated have cointegration relationship and have positive and statistically significant effect on environmental degradation in Turkey. The results of leveraged bootstrap causality test showed that there are bidirectional causal relationships of environmental sustainability with agriculture sector as well as FDI and economic performance. Moreover, the unidirectional causal relationship runs from environmental degradation to energy use and from FDI to economic performance and agriculture sector. The other unidirectional causal relationship running from agriculture sector to energy use and from economic performance to energy use. Also, our findings confirmed the inverted U-shaped EKC hypothesis for the relationship of economic performance and environmental sustainability. Therefore, our findings provide insights for policymakers to consider investigated variables as a surest way to have environmental sustainability.</p><p><strong>Keywords:</strong> Agriculture, FDI, Energy consumption, RALS cointegration, Turkey</p><p><strong>JEL Classifications:</strong> Q43. F64. C32</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11842">https://doi.org/10.32479/ijeep.11842</a></p>Kamil SertogluLucy Davou PhilipFırat EmirEconJournalsarticleEnvironmental sciencesGE1-350Energy industries. Energy policy. Fuel tradeHD9502-9502.5ENInternational Journal of Energy Economics and Policy, Vol 11, Iss 6, Pp 50-59 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5
spellingShingle	Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5 Kamil Sertoglu Lucy Davou Philip Fırat Emir Assessing the Role of Agriculture and Energy Use on Environmental Sustainability: Evidence from RALS Cointegration Technique
description	<p>This study is relevant towards determining the ability of Turkey in mitigating environmental degradation which is one of the major areas of concern. Therefore, we aimed to examine the linkage among agriculture, energy use, economic performance and FDI with environmental sustainability. To this end, ecological footprint has been considered as a more comprehensive and reliable indicator to measure the level of environmental degradation. This relationship has been investigated with different approaches such as the Residual Augmented Least Squares Augmented Dickey -Fuller (RALS-ADF), Residual Augmented Least Squares Engle and Granger (RALS-EG) and leveraged bootstrap causality test for the period from 1970 to 2017. The RALS procedure was utilized to analyze the stationarity level of each variable and their cointegration relationship. The findings confirmed that all the variables investigated have cointegration relationship and have positive and statistically significant effect on environmental degradation in Turkey. The results of leveraged bootstrap causality test showed that there are bidirectional causal relationships of environmental sustainability with agriculture sector as well as FDI and economic performance. Moreover, the unidirectional causal relationship runs from environmental degradation to energy use and from FDI to economic performance and agriculture sector. The other unidirectional causal relationship running from agriculture sector to energy use and from economic performance to energy use. Also, our findings confirmed the inverted U-shaped EKC hypothesis for the relationship of economic performance and environmental sustainability. Therefore, our findings provide insights for policymakers to consider investigated variables as a surest way to have environmental sustainability.</p><p><strong>Keywords:</strong> Agriculture, FDI, Energy consumption, RALS cointegration, Turkey</p><p><strong>JEL Classifications:</strong> Q43. F64. C32</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11842">https://doi.org/10.32479/ijeep.11842</a></p>
format	article
author	Kamil Sertoglu Lucy Davou Philip Fırat Emir
author_facet	Kamil Sertoglu Lucy Davou Philip Fırat Emir
author_sort	Kamil Sertoglu
title	Assessing the Role of Agriculture and Energy Use on Environmental Sustainability: Evidence from RALS Cointegration Technique
title_short	Assessing the Role of Agriculture and Energy Use on Environmental Sustainability: Evidence from RALS Cointegration Technique
title_full	Assessing the Role of Agriculture and Energy Use on Environmental Sustainability: Evidence from RALS Cointegration Technique
title_fullStr	Assessing the Role of Agriculture and Energy Use on Environmental Sustainability: Evidence from RALS Cointegration Technique
title_full_unstemmed	Assessing the Role of Agriculture and Energy Use on Environmental Sustainability: Evidence from RALS Cointegration Technique
title_sort	assessing the role of agriculture and energy use on environmental sustainability: evidence from rals cointegration technique
publisher	EconJournals
publishDate	2021
url	https://doaj.org/article/e617aefd10d04aa98615a8739c8c57b6
work_keys_str_mv	AT kamilsertoglu assessingtheroleofagricultureandenergyuseonenvironmentalsustainabilityevidencefromralscointegrationtechnique AT lucydavouphilip assessingtheroleofagricultureandenergyuseonenvironmentalsustainabilityevidencefromralscointegrationtechnique AT fıratemir assessingtheroleofagricultureandenergyuseonenvironmentalsustainabilityevidencefromralscointegrationtechnique
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Assessing the Role of Agriculture and Energy Use on Environmental Sustainability: Evidence from RALS Cointegration Technique

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