Financial sector development, external debt, and Turkey's renewable energy consumption.

ABSTRACT: The primary aim of this paper is to provide fresh evidence by testing the linkage between renewable energy consumption, financial development, and external debts in Turkey, using the Bootstrap ARDL test (McNown et al. 2018). The Bootstrap ARDL test is desired over traditional co-integration tests due to its ability to predict when resolving power and size limitation issues, and its corresponding features, which have not been addressed by traditional co-integration tests. The ARDL testing model is employed to investigate the coefficients amongst the selected variables. The findings from the ARDL test illustrate that there is a positive linkage between renewable consumption and Turkey's financial development. Furthermore, the outcomes illustrate that the coefficient of external debt is negat

SUBMITTER: Saleem Jabari M 

PROVIDER: S-EPMC9071129 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature