Triangular Nexus Among Entrepreneur, Energy Policy and Economic Policy Uncertainties: A Symmetric and Asymmetric Evidence of Inclusive Sustainable Development Goal (SDGs)
Copyright policy )Triangular Nexus Among Entrepreneur, Energy Policy and Economic Policy Uncertainties: A Symmetric and Asymmetric Evidence of Inclusive Sustainable Development Goal (SDGs)
Abstract This is inclusive study of Turkish sustainable development. Our study seeks to study Turkish sustainable development amidst policy uncertainty towards its energy policy and progressive economic performance. Dual analyses of symmetric (Dynamic Ordinary Least Square-DOLS) and asymmetric (Non-linear autoregressive distributed lag-NARDL) approaches with granger causality estimate were adopted for clear and in depth analysis of this study. We adopt Turkish data of 1985 to 2017 for the accommodation of both short term and long term analysis. From both approaches, entrepreneur activities and renewable energy policy are observed mitigating ecological footprint thereby impacting favourable to the environmental performance of Turkey, while the economic policy uncertainties has no mitigating force against the ecological footprint. The impact of economic growth on the environment comes in stages through inverted Environmental Kuznets Curve (EKC) hypothesis. Also, findings from granger causality attest to the findings from both symmetric and asymmetric by establishing a two-way granger causality between entrepreneur and ecological footprint which shows that the entrepreneur has a great influence in impacting ecological footprint.Renewable energy is found mitigating environmental damage through a one-way granger causality from renewable to ecological footprint. Hence, policy is advised to be framed towards enhancing entrepreneurial activities and renewable energy sector with technological innovation in order to achieve Turkish climate goals
- European University Cyprus Cyprus
- Istanbul University Turkey
- Cyprus College of Art Cyprus
- Cyprus University of Technology Cyprus
- European University Cyprus Cyprus
FOS: Computer and information sciences, Renewable energy, Economics, FOS: Political science, Turkish, Social Sciences, Economic Impact of Environmental Policies and Resources, Engineering, Natural resource economics, Sustainable development, Inclusive Development, Business, Public economics, Kuznets curve, Political science, Ecology, Physics, Pollution, FOS: Philosophy, ethics and religion, Information and Communication Technology and Financial Access in Africa, Economics, Econometrics and Finance, Physical Sciences, Granger causality, Information Systems, Economics and Econometrics, Economic Implications of Climate Change Policies, Environmental Engineering, Economic system, FOS: Law, Quantum mechanics, FOS: Economics and business, Life Cycle Assessment and Environmental Impact Analysis, Indoor Air Pollution in Developing Countries, Distributed lag, Ecological footprint, Econometrics, Embedded system, Biology, FOS: Environmental engineering, Linguistics, Philosophy, FOS: Biological sciences, Environmental Science, Computer Science, FOS: Languages and literature, Sustainability Assessment, Nexus (standard), Energy (signal processing), Law
FOS: Computer and information sciences, Renewable energy, Economics, FOS: Political science, Turkish, Social Sciences, Economic Impact of Environmental Policies and Resources, Engineering, Natural resource economics, Sustainable development, Inclusive Development, Business, Public economics, Kuznets curve, Political science, Ecology, Physics, Pollution, FOS: Philosophy, ethics and religion, Information and Communication Technology and Financial Access in Africa, Economics, Econometrics and Finance, Physical Sciences, Granger causality, Information Systems, Economics and Econometrics, Economic Implications of Climate Change Policies, Environmental Engineering, Economic system, FOS: Law, Quantum mechanics, FOS: Economics and business, Life Cycle Assessment and Environmental Impact Analysis, Indoor Air Pollution in Developing Countries, Distributed lag, Ecological footprint, Econometrics, Embedded system, Biology, FOS: Environmental engineering, Linguistics, Philosophy, FOS: Biological sciences, Environmental Science, Computer Science, FOS: Languages and literature, Sustainability Assessment, Nexus (standard), Energy (signal processing), Law
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