ENERJİ ÇEŞİTLİLİĞİ VE İSTİHDAM: BRIC-T ÜLKELERİ ÖRNEĞİ
Year 2025,
Volume: 16 Issue: 31, 406 - 434, 27.06.2025
Cansel Oskay
,
Ayşe Arı
,
Jørgen T. Lauridsen
Abstract
Yenilenebilir enerji, özellikle çevresel bozulmaları azaltması ve enerji arz güvenliğini sağlaması nedeniyle önem taşımaktadır. Bu çalışmada, yenilenebilir enerjinin tek bir yenilenebilir enerji kaynağından mı yoksa birden fazla yenilenebilir enerji kaynağından mı elde edilmesinin ekonomi açısından önemi incelenmiştir. Bu kapsamda, yenilenebilir enerji çeşitliliğinin istihdam üzerindeki etkisi BRIC-T ülkeleri için araştırılmıştır. Yenilenebilir enerji çeşitliliğini temsil etmek üzere Gozgor ve Paramati’nin (2022) yöntemi kullanılarak yeni bir endeks hesaplanmıştır. Çalışmada, 2000-2021 dönemi AMG (Genişletilmiş Ortalama Grup) yöntemi ile analiz edilmiş ve yenilenebilir enerji çeşitliliğinin istihdamı pozitif etkilediği tespit edilmiştir. Bu sonuç, yenilenebilir enerji çeşitliliğinin istihdamı artırdığını ifade etmektedir. Bu durumda, BRIC-T ülkelerinde otoritelerin tek bir yenilenebilir enerji kaynağına bağlı kalmayıp farklı yenilenebilir enerji kaynaklarını teşvik etmesi istihdamı artırıcı etki gösterebilir. Çalışmada fosil enerji çeşitliliğinin istihdam üzerindeki etkisi de benzer şekilde sorgulanmış ve pozitif etki tespit edilmiştir. Özetle, otoriteler sadece petrole bağımlı olmak yerine yenilenebilir ve yenilenemeyen enerji kaynaklarının çeşitlenmesini teşvik eden politikalar uyguladığında istihdamda da artış gözlenebilir.
References
- Abbas, M., Yang, L., & Lahr, M. L. (2024). Globalization’s effects on South Asia’s carbon emissions, 1996–2019: A multidimensional panel data perspective via FGLS. Humanities and Social Sciences Communications, 11, 1171, 1–19. https://doi.org/10.1057/s41599-024-03704-z
- Abrams, B. A. (1999). The effect of government size on the unemployment rate. Public Choice, 99(3/4), 395-401. https://www.jstor.org/stable/30024535
- Ağpak, F., & Özçiçek, Ö. (2018). Bir istihdam politikası aracı olarak yenilenebilir enerji. Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 11(2), 112–128. https://doi.org/10.25287/ohuiibf.334307
- Ahmed, N., Sheikh, A. A., Mahboob, F., Ali, M. S. e., Jasińska, E., Jasiński, M., Leonowicz, Z., & Burgio, A. (2022). Energy diversification: A friend or foe to economic growth in Nordic countries? A novel energy diversification approach. Energies, 15(15), 5422. https://doi.org/10.3390/en15155422
- Ali, S., Yusop, Z., Kaliappan, S. R., Chin, L., & Meo, M. S. (2022). Impact of trade openness, human capital, public expenditure and institutional performance on unemployment: Evidence from OIC countries. International Journal of Manpower, 43(5), 1108-1125. https://doi.org/10.1108/IJM-10-2020-0488
- Almulhim, A. I., & Cobbinah, P. B. (2023). Can rapid urbanization be sustainable? The case of Saudi Arabian cities. Habitat International, 139(102884), 1-13. https://doi.org/10.1016/j.habitatint.2023.102884
- Amin, A., Tariq, A., & Ahmad, M. (2023). Does trade openness and human capital abate unemployment? Empirical evidence from India. Foreign Trade Review. https://doi.org/10.1177/00157325231195667
- Amoa-Gyarteng, K., & Dhliwayo, S. (2024). Globalization, entrepreneurial development and unemployment: A mediation analysis in the context of South Africa. Journal of Small Business and Enterprise Development, 31(2), 272-297. https://doi.org/10.1108/JSBED-03-2023-0126
- Angelov, I. (2023). Inflation and employment: Exploring the dynamic relationship in the labor markets. Economics, Management and Sustainability, 8(1), 53-57. https://doi.org/10.14254/jems.2023.8-1.5
- Apergis, N., & Salim, R. (2015). Renewable energy consumption and unemployment: Evidence from a sample of 80 countries and nonlinear estimates. Applied Economics, 47(52), 5614-5633. https://doi.org/10.1080/00036846.2015.1054071
- Arı, A. (2016). Türkiye’deki ekonomik büyüme ve işsizlik ilişkisinin analizi: Yeni bir eşbütünleşme testi. Siyaset, Ekonomi ve Yönetim Araştırmaları Dergisi, 4(2), 57-67.
- Arvanitopoulos, T., & Agnolucci, P. (2020). The long-term effect of renewable electricity on employment in the United Kingdom. Renewable and Sustainable Energy Reviews, 134, 110322.
- Azolibe, C. B., Dimnwobi, S. K., & Uzochukwu-Obi, C. P. (2022). The determinants of unemployment rate in developing economies: Does banking system credit matter? Journal of Economic and Administrative Sciences. https://doi.org/10.1108/JEAS-01-2022-0021
- Azretbergenova, G. Ž., Syzdykov, B., Niyazov, T., Gulzhan, T., & Yskak, N. (2021). The relationship between renewable energy production and employment in European Union countries: Panel data analysis. International Journal of Energy Economics and Policy, 11(3), 20-26.
- Bhat, M. A., & Beg, M. N. (2023). Revisiting the trade openness–unemployment nexus: An application of the novel JKS panel causality test with static and dynamic panel models. Journal of Economic Studies, 50(8), 1889-1907. https://doi.org/10.1108/JES-09-2022-047
- Bond, S. R., & Eberhardt, M. (2009). Cross-section dependence in nonstationary panel models: A novel estimator. Nordic Econometrics Meeting, Sweden.
- Breusch, T. S., & Pagan, A. R. (1980). The Lagrange multiplier test and its applications to model specification in econometrics. The Review of Economic Studies, 47(1), 239. https://doi.org/10.2307/2297111
- BP. (2024). https://www.bp.com/
- Cartelle Barros, J. J. C., Coira, M. L., De la Cruz López, M. P., & Del Caño Gochi, A. (2017). Comparative analysis of direct employment generated by renewable and non-renewable power plants. Energy, 139, 542-554.
- Chen, Y. (2018). Renewable energy investment and employment in China. International Review of Applied Economics, 33(3), 314–334. https://doi.org/10.1080/02692171.2018.1513458
- Chen, M., Huang, X., Cheng, J., Tang, Z., & Huang, G. (2023). Urbanization and vulnerable employment: Empirical evidence from 163 countries in 1991–2019. Cities, 135(104208), 1-15. https://doi.org/10.1016/j.cities.2023.104208
- Chen, Q., Gozgor, G., Padhan, H., Liu, W., Mahalik, M. K., Njangang, H., & Pruseth, S. K. (2024). How does energy resource diversification affect economic development? Evidence from BRICS economies. Resources Policy, 98, 105286. https://doi.org/10.1016/j.resourpol.2024.105286
- Choi, I. (2001). Unit root tests for panel data. Journal of International Money and Finance, 20, 249-272.
- Çelik, O. (2021). Assessment of the relationship between renewable energy and employment of the United States of America: Empirical evidence from spectral Granger causality. Environmental Science and Pollution Research, 28(11), 13047-13054
- Çoban, M. N. (2022). Yenilenebilir enerji tüketimi ve işsizlik arasındaki ilişki: ASEAN-5 ülkeleri için ekonometrik bir uygulama. Uluslararası Ekonomi ve Siyaset Bilimleri Akademik Araştırmalar Dergisi, 6(14), 1-10.
- Dagar, V., Dagher, L., Rao, A., Doytch, N., & Kagzi, M. (2024). Economic policy uncertainty: Global energy security with diversification. Economic Analysis and Policy, 82, 248–263. https://doi.org/10.1016/j.eap.2024.03.008
- Daştan, M. (2024a). Enerji güvenliği ve jeopolitik riskin Türkiye'nin çevre kalitesi üzerindeki rolü: Yeni nesil fourier terimli genişletilmiş ARDL modelinden kanıtlar. Uluslararası Ekonomi, İşletme ve Politika Dergisi, 8(2), 262-284.
- Daştan, M. (2024b). Yenilenebilir enerji tüketiminin işsizlik üzerindeki etkileri: BRICS-T ülkeleri üzerine ampirik bir inceleme. Gaziantep University Journal of Social Sciences, 23(2), 633-653.
- Destek, M. A., Ozsoy, F. N., & Ozpolat, A. (2020). Investigation on the job creation effect of green energy in OECD countries. In M. Shahbaz & D. Balsalobre-Lorente (Eds.), Econometrics of green energy handbook: Economic and technological development (pp. 131-149). https://doi.org/10.1007/978-3-030-46847-7_6
- Dumitrescu, E. I., & Hurlin, C. (2012). Testing for Granger non-causality in heterogeneous panels. Economic Modelling, 29(4), 1450–1460. https://doi.org/10.1016/j.econmod.2012.02.014
- Durmuş, A., & Akbulut, H. (2017). Türkiye ekonomisinde istihdam yaratmayan büyüme sorunsalı. Hukuk ve İktisat Araştırmaları Dergisi, 9(2), 91–100.
- Eberhardt, M., & Teal, F. (2010). Mangos in the tundra? Spatial heterogeneity in agricultural productivity analysis. Centre for the Study of African Economies, University of Oxford WP.
- Ekiz, F. M., & Özel, S. Ö. (2020). Genç işsizliğini belirleyen unsurlar: Türkiye örneği. İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi, 19(39), 1022-1045. https://doi.org/10.46928/iticusbe.768646
- Ferroukhi, R., Lucas, H., Renner, M., Lehr, U., Breitschopf, B., Lallement, D., & Petrick, K. (2013). Renewable energy and jobs. The International Renewable Energy Agency (IRENA).
- Fragkos, P., & Paroussos, L. (2018). Employment creation in EU related to renewables expansion. Applied Energy, 230, 935-945.
- Garrett-Peltier, H. (2017). Green versus brown: Comparing the employment impacts of energy efficiency, renewable energy, and fossil fuels using an input-output model. Economic Modelling, 61, 439-447.
- Genc, T. S., & Kosempel, S. (2023). Energy transition and the economy: A review article. Energies, 16, 2965. https://doi.org/10.3390/en16072965
- Gomez, M., & Irewole, O. E. (2024). Economic growth, inflation and unemployment in Africa: An autoregressive distributed lag bounds testing approach, 1991–2019. African Journal of Economic and Management Studies, 15(2), 318-330. https://doi.org/10.1108/AJEMS-09-2022-0378
- Gonese, D., Sibanda, K., & Ngonisa, P. (2023). Trade openness and unemployment in selected Southern African Development Community (SADC) countries. Economies, 11, 252. https://doi.org/10.3390/economies11100252
- Gozgor, G., & Paramati, S. R. (2022). Does energy diversification cause an economic slowdown? Evidence from a newly constructed energy diversification index. Energy Economics, 109, 105970. https://doi.org/10.1016/j.eneco.2022.105970
- Güllü, M., & Kartal, Z. (2021). Türkiye’de yenilenebilir enerji kaynaklarının istihdam etkisi. Sakarya Üniversitesi İktisat Dergisi, 10(1), 36-65.
- Hashmi, S. M., Khushik, A. G., Gilal, M. A., & Yongliang, Z. (2021). The impact of GDP and its expenditure components on unemployment within BRICS countries: Evidence of Okun’s law from aggregate and disaggregated approaches. SAGE Open, 2021(April-June), 1–11. https://doi.org/10.1177/2158244021102342
- Hjazeen, H., Seraj, M., & Ozdeser, H. (2021). The nexus between the economic growth and unemployment in Jordan. Future Business Journal, 7(1), 42, 1-8. https://doi.org/10.1186/s43093-021-00088-3
- Ibrahiem, D. M., & Sameh, R. (2020). How do clean energy sources and financial development affect unemployment? Empirical evidence from Egypt. Environmental Science and Pollution Research, 27, 22770-22779.
- ILO. (2012). Working towards sustainable development: Opportunities for decent work and social inclusion in a green economy. https://www.ilo.org/publications/working-towards-sustainable-development-opportunities-decent-work-and adresinden erişildi.
- IEA. (2024). Renewables 2024 Analysis and forecast to 2030. Report, Paris.
- Im, K. S., Pesaran, M. H., & Shin, Y. (2003). Testing for unit roots in heterogeneous panels. Journal of Econometrics, 115(1), 53–74. https://doi.org/10.1016/S0304-4076(03)00092-7
- IRENA. (2022). Renewable energy and jobs: Annual review 2022. https://www.irena.org/publications/2022/Sep/Renewable-Energy-and-Jobs-Annual-Review-2022 adresinden erişildi.
- IRENA & ILO. (2023). Renewable energy and jobs: Annual review 2023. https://www.irena.org//media/Files/IRENA/Agency/Publication/2023/Sep/IRENA_Renewable_energy_and_jobs_2023.pdf adresinden erişildi.
- IRENA & ILO. (2024). Renewable energy and jobs: Annual review 2024. Abu Dhabi: International Renewable Energy Agency, Abu Dhabi and International Labor Organizaition, Genova https://www.irena.org//media/Files/IRENA/Agency/Publication/2024/Oct/IRENA_Renewable_energy_and_jobs_2024.pdf adresinden erişildi.
- Irfan, M. (2021). Low-carbon energy strategies and economic growth in developed and developing economies: The case of energy efficiency and energy diversity. Environmental Science and Pollution Research, 28, 54608-54620. https://doi.org/10.1007/s11356-021-14070-7
- KOF Economic Institute. (2024). KOF Globalisation Index. https://kof.ethz.ch/en/forecasts-and-indicators/indicators/kof-globalisation-index.html
- Liu, J., Ge, J., & He, H. (2023). The evolution of renewable energy and its impact on employment in China: Assessing the role of education. Environmental Science and Pollution Research, 1, 1-13.
- Markandya, A., Arto, I., González-Eguino, M., & Román, M. V. (2016). Towards a green energy economy? Tracking the employment effects of low-carbon technologies in the European Union. Applied Energy, 179, 1342-1350.
- Markaki, M., Belegri-Roboli, A., Michaelides, P., Mirasgedis, S., & Lalas, D. P. (2013). The impact of clean energy investments on the Greek economy: An input-output analysis (2010–2020). Energy Policy, 57, 263-275.
- Meyer, I., & Sommer, M. W. (2014). Employment effects of renewable energy supply: A meta-analysis. Policy Paper, 12.
- Mkombe, D., Tufa, A. H., Alene, A. D., Manda, J., Feleke, S., Abdoulaye, T., & Manyong, V. (2021). The effects of foreign direct investment on youth unemployment in the Southern African Development Community. Development Southern Africa, 38(6), 863-878. https://doi.org/10.1080/0376835X.2020.1796598
- Mohamed, A. A., & Abdi, A. H. (2024). Exploring the dynamics of inflation, unemployment, and economic growth in Somalia: A VECM analysis. Cogent Economics & Finance, 12(1), 2385644. https://doi.org/10.1080/23322039.2024.2385644
- Mollik, A. T., Roy, D., Hossain, M. I., & Siddiqua, S. (2016). Rural electrification in Bangladesh: A socio-economic assessment. Renewable and Sustainable Energy Reviews, 60, 553-567.
- Mu, Y., Cai, W., Evans, S., Wang, C., & Roland-Holst, D. (2018). Employment impacts of renewable energy policies in China: A decomposition analysis based on a CGE modeling framework. Applied Energy, 210, 256-267.
- Muller, C., & Yan, H. (2018). Household fuel use in developing countries: Review of theory and evidence. Energy Economics, 70, 429–439.
- Naqvi, S., Wang, J., & Ali, R. (2022). Towards a green economy in Europe: Does renewable energy production have asymmetric effects on unemployment? Environmental Science and Pollution Research, 1-8.
- Nasirov, S., Girard, A., Peña, C., Salazar, F., & Simon, F. (2021). Expansion of renewable energy in Chile: Analysis of the effects on employment. Energy, 226, 120410.
- Neagu, O., Anghelina, A. M., Teodoru, M. C., Boita, M., & David, K. G. (2023). Could globalisation and renewable energy contribute to a decarbonised economy in the European Union? Sustainability, 15(15795), 1–26. https://doi.org/10.3390/su152215795
- Okun, A. M. (1962). Potential GNP: Its measurement and significance. Business and Economic Statistics Section of the American Statistical Association, Minneapolis, MN, USA, September 7–10, 98–104.
- Onifade, S. T., Ay, A., Asongu, S., & Bekun, F. V. (2020). Revisiting the trade and unemployment nexus: Empirical evidence from the Nigerian economy. Journal of Public Affairs, 20(e2053), 1-10. https://doi.org/10.1002/pa.2053
- Özenç, B., & Nas Özen, E. (2020). Türkiye’de yenilenebilir enerjiyle beceri ve istihdam gelişimi: Elektrik sektörünü karbonsuzlaştırmanın yan faydalarının analizi. Sabancı Üniversitesi İstanbul Politikalar Merkezi (İPM).
- Özmen, İ., Gerçeker, M., & Mucuk, M. (2022). How does increasing renewable energy and decreasing coal-based electricity generation affect the future of unemployment in developed countries: A heterogeneous panel data analysis? Boğaziçi Journal, 36(1), 18-39.
- Pal, S., & Villanthenkodath, M. A. (2024). Economic globalization and unemployment: Evidence from high-, middle- and low-income countries. International Social Science Journal, 74, 1087–1112. https://doi.org/10.1111/issj.12499
- Paramati, S. R., Shahzad, U., & Dogan, B. (2022). The role of environmental technology for energy demand and energy efficiency: Evidence from OECD countries. Renewable and Sustainable Energy Reviews, 153, 111735.
- Phillips, A.W. (1958). The relation between unemployment and the rate of change of money wage rates in the united kingdom, 1861-1957. Economica, 25 (2), 283-299.
- Rahman, M. R., Rahman, M. M., & Akter, R. (2023). Renewable energy development, unemployment and GDP growth: South Asian evidence. Arab Gulf Journal of Scientific Research.
- Rafiq, S., Salim, R., & Sgro, P. M. (2018). Energy, unemployment and trade. Applied Economics, 50(47), 5122-5134.
- Ram, M., Aghahosseini, A., & Breyer, C. (2020). Job creation during the global energy transition towards 100% renewable power system by 2050. Technological Forecasting & Social Change, 151, 119682. https://doi.org/10.1016/j.techfore.2019.06.008
- Pesaran, M. H. (2004). General diagnostic tests for cross-section dependence in panels. University of Cambridge Working Paper, 0435.
- Pesaran, M. H., & Yamagata, T. (2008). Testing slope homogeneity in large panels. Journal of Econometrics, 142, 50–93. https://doi.org/10.1016/j.jeconom.2007.05.010
- Pesaran, M. H., Ullah, A., & Yamagata, T. (2008). A bias-adjusted LM test of error cross-section independence. Econometrics Journal, 11, 105-127.
- Pham, T. K. T. (2024). Impact of government expenditure on unemployment in Asian countries: Does institutional quality matter? International Journal of Development Issues, 1-15. https://doi.org/10.1108/IJDI-05-2024-012
- Sahin, H. (1987). Türkiyede istihdam sorununun nedenleri ve çözüm yolları. İstanbul Üniversitesi İktisat Fakültesi Mecmuası, 43, 335-345.
- Sato, Y., & Zenou, Y. (2015). How urbanization affects employment and social interactions. European Economic Review, 75, 131-155. https://doi.org/10.1016/j.euroecorev.2015.01.011
- Saud, S., Chen, S., Danish, & Hseeb, A. (2019). Impact of financial development and economic growth on environmental quality: An empirical analysis from Belt and Road Initiative (BRI) countries. Environmental Science and Pollution Research, 26, 2253–2269. https://doi.org/10.1007/s11356-018-3688-1
- Shahbaz, M., Gozgor, G., & Hammoudeh, S. (2019). Human capital and export diversification as new determinants of energy demand in the United States. Energy Economics, 78, 335–349.
- Shahbaz, M., Topcu, B. A., Sarıgül, S. S., & Vo, X. V. (2021). The effect of financial development on renewable energy demand: The case of developing countries. Renewable Energy, 178, 1370-1380.
- SHURA Enerji Dönüşümü Merkezi. (2024). 2024’te enerji dönüşümü hızlandı, 2025’te daha somut adımlar bekleniyor. İstanbul.
- Skea, J. (2010). Valuing diversity in energy supply. Energy Policy, 38, 3608-3621. https://doi.org/10.1016/J.ENPOL.2010.02.038
- Simas, M., & Pacca, S. (2014). Assessing employment in renewable energy technologies: A case study for wind power in Brazil. Renewable and Sustainable Energy Reviews, 31, 83-90. https://doi.org/10.1016/j.rser.2013.11.046
- Solarin, S. A., Bello, M. O., & Hammoudeh, S. (2024). Transiting toward sustainable development: Stochastic convergence of energy diversification using a newly constructed index. Environmental Science and Pollution Research, 31, 47611-47629.
- Somoye, O. A. (2024). The impact of technological innovation on unemployment in Nigeria: An Autoregressive Distributed Lag and Frequency Domain Causality approach. SN Business & Economics, 4(56), 1-16. https://doi.org/10.1007/s43546-024-00657-y
- Söderholm, P. (2019). The economics of renewable energy expansion: Concepts, issues and research directions. Renewable and Sustainable Energy Reviews, 101, 68-80. https://doi.org/10.1007/s11356-024-34341-3
- Tenzin, U. (2019). The nexus among economic growth, inflation and unemployment in Bhutan. South Asia Economic Journal, 20(1), 94–105. https://doi.org/10.1177/1391561418822204
- T.C. Enerji ve Tabii Kaynaklar Bakanlığı. (2023). Nükleer enerji. https://enerji.gov.tr/bilgi-merkezi-enerji-nukleer-enerji?utm_adresinden erişildi.
- Uçan, O. &Koçak, E. (2021). Yenilenebilir enerji ile istihdam arasındaki ilişki. Niğde Ömer Halisdemir Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 3(1), 99-112.
- Uğurlu, S. (2024). Does globalization reduce youth unemployment? Augmented ARDL approach. Trends in Business and Economics, 38(3), 177-183. https://doi.org/10.16951/trendbusecon.1480078
- Westerlund, J. (2008). Panel cointegration tests of the Fisher effect. Journal of Applied Econometrics, 23(2), 193-233.
- World Bank (2024). https://databank.worldbank.org/source/world-development-indicators# adresinden erişildi.
- Yılancı, V., İslamoğlu, E., Yıldırımalp, S., & Candan, G. (2020). The relationship between unemployment rates and renewable energy consumption: Evidence from Fourier ADL cointegration test. Alphanumeric Journal, 8(1), 17-28.
- Yongjin, S. (2011) Government Size, Economic Growth and Unemployment: Evidence from Advanced and Developing Economy Countries (A Time Series Analysis, 1996–2006), International Review of Public Administration, 16(2), 95-116. https://doi.org/10.1080/12264431.2011.10805198
- Zahra, S., & Fatima, S. N. (2024). Do energy diversification and green growth transition help to achieve the target of carbon neutrality? Testing the validity of the EKC hypothesis under the prism of green growth. Applied Energy, 373, 123927. https://doi.org/10.1016/j.apenergy.2024.123927
- Zafar, M. W., Saleem, M. M., Destek, M. A., & Çağlar, A. E. (2022). The dynamic linkage between remittances, export diversification, education, renewable energy consumption, economic growth, and CO2 emissions in top remittance‐receiving countries. Sustainable Development, 30(1), 165-175.
ENERGY DIVERSITY AND EMPLOYMENT: THE CASE OF BRIC-T COUNTRIES
Year 2025,
Volume: 16 Issue: 31, 406 - 434, 27.06.2025
Cansel Oskay
,
Ayşe Arı
,
Jørgen T. Lauridsen
Abstract
Renewable energy is especially crucial as it reduces environmental degradation and ensures security of energy supply. In this study, the importance of whether renewable energy is obtained from a single renewable energy source or from multiple renewable energy sources in terms of economy is analysed. In this context, the impact of renewable energy diversity on employment is investigated for BRIC-T countries. A new index is computed using the method of Gozgor and Paramati (2022) to represent renewable energy diversity. In the study, the 2000-2021 period was analysed using the AMG ( Augmented Mean Group) method and it was found that renewable energy diversity has a positive impact on employment. This result implies that renewable energy diversity boosts employment. In this case, in BRIC-T countries, the authorities' encouragement of different renewable energy sources rather than depending on a single renewable energy source may have an employment-enhancing effect. In the study, the effect of fossil energy diversity on employment was similarly investigated and a positive impact was detected. In sum, an increase in employment can be observed when the authorities implement policies that encourage the diversification of renewable and non-renewable energy sources instead of being only dependent on oil.
References
- Abbas, M., Yang, L., & Lahr, M. L. (2024). Globalization’s effects on South Asia’s carbon emissions, 1996–2019: A multidimensional panel data perspective via FGLS. Humanities and Social Sciences Communications, 11, 1171, 1–19. https://doi.org/10.1057/s41599-024-03704-z
- Abrams, B. A. (1999). The effect of government size on the unemployment rate. Public Choice, 99(3/4), 395-401. https://www.jstor.org/stable/30024535
- Ağpak, F., & Özçiçek, Ö. (2018). Bir istihdam politikası aracı olarak yenilenebilir enerji. Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 11(2), 112–128. https://doi.org/10.25287/ohuiibf.334307
- Ahmed, N., Sheikh, A. A., Mahboob, F., Ali, M. S. e., Jasińska, E., Jasiński, M., Leonowicz, Z., & Burgio, A. (2022). Energy diversification: A friend or foe to economic growth in Nordic countries? A novel energy diversification approach. Energies, 15(15), 5422. https://doi.org/10.3390/en15155422
- Ali, S., Yusop, Z., Kaliappan, S. R., Chin, L., & Meo, M. S. (2022). Impact of trade openness, human capital, public expenditure and institutional performance on unemployment: Evidence from OIC countries. International Journal of Manpower, 43(5), 1108-1125. https://doi.org/10.1108/IJM-10-2020-0488
- Almulhim, A. I., & Cobbinah, P. B. (2023). Can rapid urbanization be sustainable? The case of Saudi Arabian cities. Habitat International, 139(102884), 1-13. https://doi.org/10.1016/j.habitatint.2023.102884
- Amin, A., Tariq, A., & Ahmad, M. (2023). Does trade openness and human capital abate unemployment? Empirical evidence from India. Foreign Trade Review. https://doi.org/10.1177/00157325231195667
- Amoa-Gyarteng, K., & Dhliwayo, S. (2024). Globalization, entrepreneurial development and unemployment: A mediation analysis in the context of South Africa. Journal of Small Business and Enterprise Development, 31(2), 272-297. https://doi.org/10.1108/JSBED-03-2023-0126
- Angelov, I. (2023). Inflation and employment: Exploring the dynamic relationship in the labor markets. Economics, Management and Sustainability, 8(1), 53-57. https://doi.org/10.14254/jems.2023.8-1.5
- Apergis, N., & Salim, R. (2015). Renewable energy consumption and unemployment: Evidence from a sample of 80 countries and nonlinear estimates. Applied Economics, 47(52), 5614-5633. https://doi.org/10.1080/00036846.2015.1054071
- Arı, A. (2016). Türkiye’deki ekonomik büyüme ve işsizlik ilişkisinin analizi: Yeni bir eşbütünleşme testi. Siyaset, Ekonomi ve Yönetim Araştırmaları Dergisi, 4(2), 57-67.
- Arvanitopoulos, T., & Agnolucci, P. (2020). The long-term effect of renewable electricity on employment in the United Kingdom. Renewable and Sustainable Energy Reviews, 134, 110322.
- Azolibe, C. B., Dimnwobi, S. K., & Uzochukwu-Obi, C. P. (2022). The determinants of unemployment rate in developing economies: Does banking system credit matter? Journal of Economic and Administrative Sciences. https://doi.org/10.1108/JEAS-01-2022-0021
- Azretbergenova, G. Ž., Syzdykov, B., Niyazov, T., Gulzhan, T., & Yskak, N. (2021). The relationship between renewable energy production and employment in European Union countries: Panel data analysis. International Journal of Energy Economics and Policy, 11(3), 20-26.
- Bhat, M. A., & Beg, M. N. (2023). Revisiting the trade openness–unemployment nexus: An application of the novel JKS panel causality test with static and dynamic panel models. Journal of Economic Studies, 50(8), 1889-1907. https://doi.org/10.1108/JES-09-2022-047
- Bond, S. R., & Eberhardt, M. (2009). Cross-section dependence in nonstationary panel models: A novel estimator. Nordic Econometrics Meeting, Sweden.
- Breusch, T. S., & Pagan, A. R. (1980). The Lagrange multiplier test and its applications to model specification in econometrics. The Review of Economic Studies, 47(1), 239. https://doi.org/10.2307/2297111
- BP. (2024). https://www.bp.com/
- Cartelle Barros, J. J. C., Coira, M. L., De la Cruz López, M. P., & Del Caño Gochi, A. (2017). Comparative analysis of direct employment generated by renewable and non-renewable power plants. Energy, 139, 542-554.
- Chen, Y. (2018). Renewable energy investment and employment in China. International Review of Applied Economics, 33(3), 314–334. https://doi.org/10.1080/02692171.2018.1513458
- Chen, M., Huang, X., Cheng, J., Tang, Z., & Huang, G. (2023). Urbanization and vulnerable employment: Empirical evidence from 163 countries in 1991–2019. Cities, 135(104208), 1-15. https://doi.org/10.1016/j.cities.2023.104208
- Chen, Q., Gozgor, G., Padhan, H., Liu, W., Mahalik, M. K., Njangang, H., & Pruseth, S. K. (2024). How does energy resource diversification affect economic development? Evidence from BRICS economies. Resources Policy, 98, 105286. https://doi.org/10.1016/j.resourpol.2024.105286
- Choi, I. (2001). Unit root tests for panel data. Journal of International Money and Finance, 20, 249-272.
- Çelik, O. (2021). Assessment of the relationship between renewable energy and employment of the United States of America: Empirical evidence from spectral Granger causality. Environmental Science and Pollution Research, 28(11), 13047-13054
- Çoban, M. N. (2022). Yenilenebilir enerji tüketimi ve işsizlik arasındaki ilişki: ASEAN-5 ülkeleri için ekonometrik bir uygulama. Uluslararası Ekonomi ve Siyaset Bilimleri Akademik Araştırmalar Dergisi, 6(14), 1-10.
- Dagar, V., Dagher, L., Rao, A., Doytch, N., & Kagzi, M. (2024). Economic policy uncertainty: Global energy security with diversification. Economic Analysis and Policy, 82, 248–263. https://doi.org/10.1016/j.eap.2024.03.008
- Daştan, M. (2024a). Enerji güvenliği ve jeopolitik riskin Türkiye'nin çevre kalitesi üzerindeki rolü: Yeni nesil fourier terimli genişletilmiş ARDL modelinden kanıtlar. Uluslararası Ekonomi, İşletme ve Politika Dergisi, 8(2), 262-284.
- Daştan, M. (2024b). Yenilenebilir enerji tüketiminin işsizlik üzerindeki etkileri: BRICS-T ülkeleri üzerine ampirik bir inceleme. Gaziantep University Journal of Social Sciences, 23(2), 633-653.
- Destek, M. A., Ozsoy, F. N., & Ozpolat, A. (2020). Investigation on the job creation effect of green energy in OECD countries. In M. Shahbaz & D. Balsalobre-Lorente (Eds.), Econometrics of green energy handbook: Economic and technological development (pp. 131-149). https://doi.org/10.1007/978-3-030-46847-7_6
- Dumitrescu, E. I., & Hurlin, C. (2012). Testing for Granger non-causality in heterogeneous panels. Economic Modelling, 29(4), 1450–1460. https://doi.org/10.1016/j.econmod.2012.02.014
- Durmuş, A., & Akbulut, H. (2017). Türkiye ekonomisinde istihdam yaratmayan büyüme sorunsalı. Hukuk ve İktisat Araştırmaları Dergisi, 9(2), 91–100.
- Eberhardt, M., & Teal, F. (2010). Mangos in the tundra? Spatial heterogeneity in agricultural productivity analysis. Centre for the Study of African Economies, University of Oxford WP.
- Ekiz, F. M., & Özel, S. Ö. (2020). Genç işsizliğini belirleyen unsurlar: Türkiye örneği. İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi, 19(39), 1022-1045. https://doi.org/10.46928/iticusbe.768646
- Ferroukhi, R., Lucas, H., Renner, M., Lehr, U., Breitschopf, B., Lallement, D., & Petrick, K. (2013). Renewable energy and jobs. The International Renewable Energy Agency (IRENA).
- Fragkos, P., & Paroussos, L. (2018). Employment creation in EU related to renewables expansion. Applied Energy, 230, 935-945.
- Garrett-Peltier, H. (2017). Green versus brown: Comparing the employment impacts of energy efficiency, renewable energy, and fossil fuels using an input-output model. Economic Modelling, 61, 439-447.
- Genc, T. S., & Kosempel, S. (2023). Energy transition and the economy: A review article. Energies, 16, 2965. https://doi.org/10.3390/en16072965
- Gomez, M., & Irewole, O. E. (2024). Economic growth, inflation and unemployment in Africa: An autoregressive distributed lag bounds testing approach, 1991–2019. African Journal of Economic and Management Studies, 15(2), 318-330. https://doi.org/10.1108/AJEMS-09-2022-0378
- Gonese, D., Sibanda, K., & Ngonisa, P. (2023). Trade openness and unemployment in selected Southern African Development Community (SADC) countries. Economies, 11, 252. https://doi.org/10.3390/economies11100252
- Gozgor, G., & Paramati, S. R. (2022). Does energy diversification cause an economic slowdown? Evidence from a newly constructed energy diversification index. Energy Economics, 109, 105970. https://doi.org/10.1016/j.eneco.2022.105970
- Güllü, M., & Kartal, Z. (2021). Türkiye’de yenilenebilir enerji kaynaklarının istihdam etkisi. Sakarya Üniversitesi İktisat Dergisi, 10(1), 36-65.
- Hashmi, S. M., Khushik, A. G., Gilal, M. A., & Yongliang, Z. (2021). The impact of GDP and its expenditure components on unemployment within BRICS countries: Evidence of Okun’s law from aggregate and disaggregated approaches. SAGE Open, 2021(April-June), 1–11. https://doi.org/10.1177/2158244021102342
- Hjazeen, H., Seraj, M., & Ozdeser, H. (2021). The nexus between the economic growth and unemployment in Jordan. Future Business Journal, 7(1), 42, 1-8. https://doi.org/10.1186/s43093-021-00088-3
- Ibrahiem, D. M., & Sameh, R. (2020). How do clean energy sources and financial development affect unemployment? Empirical evidence from Egypt. Environmental Science and Pollution Research, 27, 22770-22779.
- ILO. (2012). Working towards sustainable development: Opportunities for decent work and social inclusion in a green economy. https://www.ilo.org/publications/working-towards-sustainable-development-opportunities-decent-work-and adresinden erişildi.
- IEA. (2024). Renewables 2024 Analysis and forecast to 2030. Report, Paris.
- Im, K. S., Pesaran, M. H., & Shin, Y. (2003). Testing for unit roots in heterogeneous panels. Journal of Econometrics, 115(1), 53–74. https://doi.org/10.1016/S0304-4076(03)00092-7
- IRENA. (2022). Renewable energy and jobs: Annual review 2022. https://www.irena.org/publications/2022/Sep/Renewable-Energy-and-Jobs-Annual-Review-2022 adresinden erişildi.
- IRENA & ILO. (2023). Renewable energy and jobs: Annual review 2023. https://www.irena.org//media/Files/IRENA/Agency/Publication/2023/Sep/IRENA_Renewable_energy_and_jobs_2023.pdf adresinden erişildi.
- IRENA & ILO. (2024). Renewable energy and jobs: Annual review 2024. Abu Dhabi: International Renewable Energy Agency, Abu Dhabi and International Labor Organizaition, Genova https://www.irena.org//media/Files/IRENA/Agency/Publication/2024/Oct/IRENA_Renewable_energy_and_jobs_2024.pdf adresinden erişildi.
- Irfan, M. (2021). Low-carbon energy strategies and economic growth in developed and developing economies: The case of energy efficiency and energy diversity. Environmental Science and Pollution Research, 28, 54608-54620. https://doi.org/10.1007/s11356-021-14070-7
- KOF Economic Institute. (2024). KOF Globalisation Index. https://kof.ethz.ch/en/forecasts-and-indicators/indicators/kof-globalisation-index.html
- Liu, J., Ge, J., & He, H. (2023). The evolution of renewable energy and its impact on employment in China: Assessing the role of education. Environmental Science and Pollution Research, 1, 1-13.
- Markandya, A., Arto, I., González-Eguino, M., & Román, M. V. (2016). Towards a green energy economy? Tracking the employment effects of low-carbon technologies in the European Union. Applied Energy, 179, 1342-1350.
- Markaki, M., Belegri-Roboli, A., Michaelides, P., Mirasgedis, S., & Lalas, D. P. (2013). The impact of clean energy investments on the Greek economy: An input-output analysis (2010–2020). Energy Policy, 57, 263-275.
- Meyer, I., & Sommer, M. W. (2014). Employment effects of renewable energy supply: A meta-analysis. Policy Paper, 12.
- Mkombe, D., Tufa, A. H., Alene, A. D., Manda, J., Feleke, S., Abdoulaye, T., & Manyong, V. (2021). The effects of foreign direct investment on youth unemployment in the Southern African Development Community. Development Southern Africa, 38(6), 863-878. https://doi.org/10.1080/0376835X.2020.1796598
- Mohamed, A. A., & Abdi, A. H. (2024). Exploring the dynamics of inflation, unemployment, and economic growth in Somalia: A VECM analysis. Cogent Economics & Finance, 12(1), 2385644. https://doi.org/10.1080/23322039.2024.2385644
- Mollik, A. T., Roy, D., Hossain, M. I., & Siddiqua, S. (2016). Rural electrification in Bangladesh: A socio-economic assessment. Renewable and Sustainable Energy Reviews, 60, 553-567.
- Mu, Y., Cai, W., Evans, S., Wang, C., & Roland-Holst, D. (2018). Employment impacts of renewable energy policies in China: A decomposition analysis based on a CGE modeling framework. Applied Energy, 210, 256-267.
- Muller, C., & Yan, H. (2018). Household fuel use in developing countries: Review of theory and evidence. Energy Economics, 70, 429–439.
- Naqvi, S., Wang, J., & Ali, R. (2022). Towards a green economy in Europe: Does renewable energy production have asymmetric effects on unemployment? Environmental Science and Pollution Research, 1-8.
- Nasirov, S., Girard, A., Peña, C., Salazar, F., & Simon, F. (2021). Expansion of renewable energy in Chile: Analysis of the effects on employment. Energy, 226, 120410.
- Neagu, O., Anghelina, A. M., Teodoru, M. C., Boita, M., & David, K. G. (2023). Could globalisation and renewable energy contribute to a decarbonised economy in the European Union? Sustainability, 15(15795), 1–26. https://doi.org/10.3390/su152215795
- Okun, A. M. (1962). Potential GNP: Its measurement and significance. Business and Economic Statistics Section of the American Statistical Association, Minneapolis, MN, USA, September 7–10, 98–104.
- Onifade, S. T., Ay, A., Asongu, S., & Bekun, F. V. (2020). Revisiting the trade and unemployment nexus: Empirical evidence from the Nigerian economy. Journal of Public Affairs, 20(e2053), 1-10. https://doi.org/10.1002/pa.2053
- Özenç, B., & Nas Özen, E. (2020). Türkiye’de yenilenebilir enerjiyle beceri ve istihdam gelişimi: Elektrik sektörünü karbonsuzlaştırmanın yan faydalarının analizi. Sabancı Üniversitesi İstanbul Politikalar Merkezi (İPM).
- Özmen, İ., Gerçeker, M., & Mucuk, M. (2022). How does increasing renewable energy and decreasing coal-based electricity generation affect the future of unemployment in developed countries: A heterogeneous panel data analysis? Boğaziçi Journal, 36(1), 18-39.
- Pal, S., & Villanthenkodath, M. A. (2024). Economic globalization and unemployment: Evidence from high-, middle- and low-income countries. International Social Science Journal, 74, 1087–1112. https://doi.org/10.1111/issj.12499
- Paramati, S. R., Shahzad, U., & Dogan, B. (2022). The role of environmental technology for energy demand and energy efficiency: Evidence from OECD countries. Renewable and Sustainable Energy Reviews, 153, 111735.
- Phillips, A.W. (1958). The relation between unemployment and the rate of change of money wage rates in the united kingdom, 1861-1957. Economica, 25 (2), 283-299.
- Rahman, M. R., Rahman, M. M., & Akter, R. (2023). Renewable energy development, unemployment and GDP growth: South Asian evidence. Arab Gulf Journal of Scientific Research.
- Rafiq, S., Salim, R., & Sgro, P. M. (2018). Energy, unemployment and trade. Applied Economics, 50(47), 5122-5134.
- Ram, M., Aghahosseini, A., & Breyer, C. (2020). Job creation during the global energy transition towards 100% renewable power system by 2050. Technological Forecasting & Social Change, 151, 119682. https://doi.org/10.1016/j.techfore.2019.06.008
- Pesaran, M. H. (2004). General diagnostic tests for cross-section dependence in panels. University of Cambridge Working Paper, 0435.
- Pesaran, M. H., & Yamagata, T. (2008). Testing slope homogeneity in large panels. Journal of Econometrics, 142, 50–93. https://doi.org/10.1016/j.jeconom.2007.05.010
- Pesaran, M. H., Ullah, A., & Yamagata, T. (2008). A bias-adjusted LM test of error cross-section independence. Econometrics Journal, 11, 105-127.
- Pham, T. K. T. (2024). Impact of government expenditure on unemployment in Asian countries: Does institutional quality matter? International Journal of Development Issues, 1-15. https://doi.org/10.1108/IJDI-05-2024-012
- Sahin, H. (1987). Türkiyede istihdam sorununun nedenleri ve çözüm yolları. İstanbul Üniversitesi İktisat Fakültesi Mecmuası, 43, 335-345.
- Sato, Y., & Zenou, Y. (2015). How urbanization affects employment and social interactions. European Economic Review, 75, 131-155. https://doi.org/10.1016/j.euroecorev.2015.01.011
- Saud, S., Chen, S., Danish, & Hseeb, A. (2019). Impact of financial development and economic growth on environmental quality: An empirical analysis from Belt and Road Initiative (BRI) countries. Environmental Science and Pollution Research, 26, 2253–2269. https://doi.org/10.1007/s11356-018-3688-1
- Shahbaz, M., Gozgor, G., & Hammoudeh, S. (2019). Human capital and export diversification as new determinants of energy demand in the United States. Energy Economics, 78, 335–349.
- Shahbaz, M., Topcu, B. A., Sarıgül, S. S., & Vo, X. V. (2021). The effect of financial development on renewable energy demand: The case of developing countries. Renewable Energy, 178, 1370-1380.
- SHURA Enerji Dönüşümü Merkezi. (2024). 2024’te enerji dönüşümü hızlandı, 2025’te daha somut adımlar bekleniyor. İstanbul.
- Skea, J. (2010). Valuing diversity in energy supply. Energy Policy, 38, 3608-3621. https://doi.org/10.1016/J.ENPOL.2010.02.038
- Simas, M., & Pacca, S. (2014). Assessing employment in renewable energy technologies: A case study for wind power in Brazil. Renewable and Sustainable Energy Reviews, 31, 83-90. https://doi.org/10.1016/j.rser.2013.11.046
- Solarin, S. A., Bello, M. O., & Hammoudeh, S. (2024). Transiting toward sustainable development: Stochastic convergence of energy diversification using a newly constructed index. Environmental Science and Pollution Research, 31, 47611-47629.
- Somoye, O. A. (2024). The impact of technological innovation on unemployment in Nigeria: An Autoregressive Distributed Lag and Frequency Domain Causality approach. SN Business & Economics, 4(56), 1-16. https://doi.org/10.1007/s43546-024-00657-y
- Söderholm, P. (2019). The economics of renewable energy expansion: Concepts, issues and research directions. Renewable and Sustainable Energy Reviews, 101, 68-80. https://doi.org/10.1007/s11356-024-34341-3
- Tenzin, U. (2019). The nexus among economic growth, inflation and unemployment in Bhutan. South Asia Economic Journal, 20(1), 94–105. https://doi.org/10.1177/1391561418822204
- T.C. Enerji ve Tabii Kaynaklar Bakanlığı. (2023). Nükleer enerji. https://enerji.gov.tr/bilgi-merkezi-enerji-nukleer-enerji?utm_adresinden erişildi.
- Uçan, O. &Koçak, E. (2021). Yenilenebilir enerji ile istihdam arasındaki ilişki. Niğde Ömer Halisdemir Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 3(1), 99-112.
- Uğurlu, S. (2024). Does globalization reduce youth unemployment? Augmented ARDL approach. Trends in Business and Economics, 38(3), 177-183. https://doi.org/10.16951/trendbusecon.1480078
- Westerlund, J. (2008). Panel cointegration tests of the Fisher effect. Journal of Applied Econometrics, 23(2), 193-233.
- World Bank (2024). https://databank.worldbank.org/source/world-development-indicators# adresinden erişildi.
- Yılancı, V., İslamoğlu, E., Yıldırımalp, S., & Candan, G. (2020). The relationship between unemployment rates and renewable energy consumption: Evidence from Fourier ADL cointegration test. Alphanumeric Journal, 8(1), 17-28.
- Yongjin, S. (2011) Government Size, Economic Growth and Unemployment: Evidence from Advanced and Developing Economy Countries (A Time Series Analysis, 1996–2006), International Review of Public Administration, 16(2), 95-116. https://doi.org/10.1080/12264431.2011.10805198
- Zahra, S., & Fatima, S. N. (2024). Do energy diversification and green growth transition help to achieve the target of carbon neutrality? Testing the validity of the EKC hypothesis under the prism of green growth. Applied Energy, 373, 123927. https://doi.org/10.1016/j.apenergy.2024.123927
- Zafar, M. W., Saleem, M. M., Destek, M. A., & Çağlar, A. E. (2022). The dynamic linkage between remittances, export diversification, education, renewable energy consumption, economic growth, and CO2 emissions in top remittance‐receiving countries. Sustainable Development, 30(1), 165-175.