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Öğe Are Changes in Electricity Production Perpetual or Temporary: An Evidence from Emerging Countries(Springer Nature, 2022) Eren, Ahmet Arif; Şimşek, Orhan; Adalı, ZaferThis study intends to distinguish the stationarity features of electricity production from oil, gas, and coal (% of total) in six emerging countries for 1971–2015. Within this objective, the first-generation panel unit root tests, the second-generation panel unit root tests introduced by Pesaran (General diagnostic tests for cross section dependence in panels, Institute for the Study of Labor (IZA), 2004), and a newly offered panel unit root test allow for sharp and smooth structural breaks improved Bahmani-Oskooee et al. (Applied Financial Economics, 24:1429–1438, 2014) are employed. The first and second-generation panel unit root test result displays that the electricity production is not stationary. This finding mentions that the energy policies will have a long-lasting impression on electricity production. In contrast, Panel Unit Root Tests with Multiple Sharp Breaks test confirm that the fluctuations in the electricity production are temporary and, therefore, the electricity production is prone to return its long-run trend path. According to the univariate version of the unit root tests, the temporary effects of the shocks on the electricity production holds for Brazil, Mexico, and Turkey; while the permanent effect is valid for China, Indonesia, and India. According to the result, it is recommended that China, Indonesia, and India diminish the percentage of nonrenewable energy resources in electricity production. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.Öğe Dynamics of globalization at the crossroads of economics(Peter Lang Publishing Group, 2019) Eren, Ahmet Arif; Köktaş, Altuğ MuratThe world is becoming interconnected via the increase in the volume of trade. This integration process is called globalization, and this led to a massive increase in the production of goods and services. The globalization process has many dimensions such as cultural, social and political. This book mainly aims to investigate the economic aspect of globalization and focuses on trade patterns. © Peter Lang GmbH Internationaler Verlag der Wissenschaften Berlin 2019. All rights reserved.Öğe Öğe Stochastic convergence of ecological footprint: new insights from a unit root test based on smooth transitions and nonlinear adjustment(Springer Heidelberg, 2023) Alper, Ali Eren; Alper, Findik Ozlem; Cil, Almila Burgac; Iscan, Erhan; Eren, Ahmet ArifThe ecological footprint has currently become a highly popular environmental performance indicator. It provides the basis for setting goals, identifying options for action, and tracking progress toward stated goals. Because the examination of the existence of convergence is important for the climate change protection of the earth, the convergence of ecological footprint and its subcomponents are a major concern for scholars and policymakers. To this end, this study aims to investigate the stochastic convergence of ecological footprint and its subcomponents. We employ the recently developed Hepsag (2021) unit root test that allows nonlinearity and smooth structural change simultaneously to study stochastic convergence in per-capita ecological footprint over the period 1961-2018 for the most polluting countries. The results provide mixed evidence of the presence of stochastic convergence in conventional unit root tests such as ADF, KPSS and Fourier KPSS. According to the Hepsag (2021) unit root test results for all countries, built-up land footprint converges except Australia, Malaysia, Poland, and Turkey. Carbon footprint converges for Indonesia, Malaysia, Mexico, South Africa, Thailand, Turkey, the UK, and the USA. Cropland footprint converges for Australia, Canada, China, France, Indonesia, Italy, Japan, Korea, Malaysia, Mexico, Poland, South Africa, the UK, and Vietnam. Fishing grounds footprint converges in Brazil, France, Germany, Indonesia, Italy, Mexico, South Africa, and Vietnam. Forest product footprint converges in Australia, Canada, France, Germany, India, Korea, Mexico, Poland, Turkey, and Vietnam. Grazing land footprint converges in Canada, France, India, Indonesia, Japan, Korea, Poland, South Africa, Thailand, and Vietnam. And lastly, the total ecological footprint converges in Canada, France, Korea, Malaysia, Mexico, South Africa, the UK, and the USA.