• ISSN: 2148-2225 (online)

Ulaştırma ve Lojistik Kongreleri

alphanumeric journal

The Journal of Operations Research, Statistics, Econometrics and Management Information Systems

The Relationship between Unemployment Rates and Renewable Energy Consumption: Evidence from Fourier ADL Cointegration Test

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Veli Yılancı, Ph.D.

Emel İslamoğlu, Ph.D.

Sinem Yıldırımalp, Ph.D.

Gökçe Candan, Ph.D.


Abstract

Unemployment remains an unsolved problem for both developing and developed countries. Solving this problem is one of the important aims for policymakers. In this study, we try to answer the question that whether new energy technologies create new employment areas or not and help to solve unemployment problem. To this end, we use a recently introduced cointegration test that allows structural breaks whose number, location, and form do not affect the accuracy of the test, to examine the long - term relationship between unemployment rates and renewable energy consumption for selected countries of the Organisation for Economic Co-operation and Development (OECD). The results show that there is a cointegration relationship between the variables for Australia, Austria, Chile, France, Germany, Japan, Mexico, Portugal, Spain and United States. The results show that renewable energy consumption positively affects the unemployment rates for Austria, Portugal, and Spain, while it negatively affects the unemployment rates for Australia, Chile, France, Germany, and Japan.

Keywords: Fourier ADL Cointegration Test, Renewable Energy Consumption, Unemployment

Jel Classification: E24, Q43


Suggested citation

Yılancı, V., İslamoğlu, E., Yıldırımalp, S. & Candan, G. (). The Relationship between Unemployment Rates and Renewable Energy Consumption: Evidence from Fourier ADL Cointegration Test. Alphanumeric Journal, 8(1), 17-28. https://doi.org/10.17093/alphanumeric.669380

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Volume 8, Issue 1, 2020

2020.08.01.ECON.01

alphanumeric journal

Volume 8, Issue 1, 2020

Pages 17-28

Received: Jan. 8, 2020

Accepted: June 16, 2020

Published: June 30, 2020

Full Text [532.3 KB]

2020 Yılancı, V., İslamoğlu, E., Yıldırımalp, S., Candan, G.

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