Japan energy mix and economic growth nexus: Focus on natural gas consumption

Basit Öğe Kaydı
dc.authoridAkadiri, Ada Chigozie/0000-0002-1260-2338
dc.authoridLASISI, TAIWO TEMITOPE/0000-0003-1912-5391
dc.authoridLasisi, Taiwo Temitope/0000-0003-1912-5391
dc.contributor.authorEweade, Babatunde S.
dc.contributor.authorUzuner, Gizem
dc.contributor.authorAkadiri, Ada Chigozie
dc.contributor.authorLasisi, Taiwo Temitope
dc.date.accessioned2024-09-11T19:52:15Z
dc.date.available2024-09-11T19:52:15Z
dc.date.issued2024
dc.departmentİstanbul Gelişim Üniversitesien_US
dc.description.abstractJapan's recent enunciation of a Free and Open Indo-Pacific policy aims to promote principles such as free trade, freedom of navigation, and encouraging economic prosperity with building commitment to stability and peace connecting the economic hub of Asia to Africa (MFA, 2019). Natural gas use continues to dominate Japan's energy mix despite efforts to improve environmental protection and attain the Sustainable Development Goals (SDGs). Also, increasing production and investment typically leads to a better quality of life and more disposable income for the populace, which promotes economic growth. To this end, the study investigates the relationship between economic growth, trade openness, and natural gas consumption, as well as gross fixed capital formation and carbon dioxide emissions to overcome omitted variable problems to explore the natural gas-economic growth hypothesis in Japan over the period 1980-2020. Empirical results reveal a long-run relationship among the variables under consideration. By applying the Toda and Yamamoto approach to Granger causality testing, a two-sided causality running from CO2 and economic growth was revealed, while a one-sided causality from economic growth to natural gas consumption. This outcome suggests that the natural gas-economic growth hypothesis is not valid for Japan. According to these outcomes, policymakers in the energy sector should consciously diversify their energy portfolio in line with the Sustainable Development Goals (SDGs) for Japan. Also, it is recommended that there should be a provision of access to skilled labor to increase productivity and export finished products to boost a nation's economy.en_US
dc.identifier.doi10.1177/0958305X221130460
dc.identifier.endpage724en_US
dc.identifier.issn0958-305X
dc.identifier.issn2048-4070
dc.identifier.issue2en_US
dc.identifier.scopus2-s2.0-85141016054en_US
dc.identifier.startpage692en_US
dc.identifier.urihttps://doi.org/10.1177/0958305X221130460
dc.identifier.urihttps://hdl.handle.net/11363/7934
dc.identifier.volume35en_US
dc.identifier.wosWOS:000875090500001en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherSage Publications Ltden_US
dc.relation.ispartofEnergy & Environmenten_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.snmz20240903_Gen_US
dc.subjectJapanen_US
dc.subjectnatural gasen_US
dc.subjectcarbon emissionsen_US
dc.subjectenergy mixen_US
dc.subjecteconomic growthen_US
dc.subjectautoregressive distributed lag (ARDL)en_US
dc.subjectToda Yamamoto (TY) granger causalityen_US
dc.titleJapan energy mix and economic growth nexus: Focus on natural gas consumptionen_US
dc.typeArticleen_US

Dosyalar

Koleksiyon

WoS İndeksli Yayınlar Koleksiyonu
Scopus İndeksli Yayınlar Koleksiyonu