Investigation of Interrelationship between Renewable Energy-Sustainable Development-Co2 Emmision in Iran: Bayesian VAR Approach

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BEHBOUDI DAVOOD; MOHAMMADZADEH PARVIZ; Moosavi Soha

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Journal: JOURNAL OF ENVIRONMENTAL SCIENCE AND TECHNOLOGY Year:2020 | Volume:22 | Issue:2 (93) Page(s): 395-407

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Title

Investigation of Interrelationship between Renewable Energy-Sustainable Development-Co2 Emmision in Iran: Bayesian VAR Approach

Author(s)

BEHBOUDI DAVOOD | MOHAMMADZADEH PARVIZ | Moosavi Soha | Issue Writer Certificate

Keywords

Renewable EnergyQ2

CO2 EmissionQ1

Sustainable DevelopmentQ2

Bayesian Vector Auto Regression (BVAR)Q1

Abstract

Background and Objective: Due to the limitation of fossil energy resources and problems caused by greenhouse gas emissions, it is essential to focus on Renewable Energy resources, because it can be used to achieve Sustainable Development goals. Thus, the purpose of this research is to investigate relations among Renewable Energy, CO2 Emissions and Sustainable Development and compared to non-Renewable Energy in Iran. Method: In this study, dynamic interrelationships in the Sustainable Development-energy-CO2 Emissions nexus is examined by applying bayesian vector autoregression (BVAR) in Iran over the period 1980-2013. Gross Domestic Product (GDP) is the indicator commonly used to measure economic growth and Sustainable Development, but this indicator is inefficient for evaluating development. One of the most prominent alternative indicators for Sustainable Development is the Index of Genuine Savings (GS). For this purpose, in this study GS is used as an indicator of Sustainable Development. Findings: Results reveal that the impact of creating positive shock on renewable and non-Renewable Energy consumption on Sustainable Development in Iran is positive. Also, positive shock on renewable and non-Renewable Energy consumption causes an increase in CO2 Emission. Moreover, the impact of an increase in Sustainable Development is positive on Renewable Energy consumption and is negative on non-Renewable Energy consumption. Discussion and Conclusion: It is suggested that policy makers prioritize the promotion of energy supply diversification policies, especially Renewable Energy.

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APA: Copy

BEHBOUDI, DAVOOD, MOHAMMADZADEH, PARVIZ, & Moosavi, Soha. (2020). Investigation of Interrelationship between Renewable Energy-Sustainable Development-Co2 Emmision in Iran: Bayesian VAR Approach. JOURNAL OF ENVIRONMENTAL SCIENCE AND TECHNOLOGY, 22(2 (93) ), 395-407. SID. https://sid.ir/paper/361554/en

Vancouver: Copy

BEHBOUDI DAVOOD, MOHAMMADZADEH PARVIZ, Moosavi Soha. Investigation of Interrelationship between Renewable Energy-Sustainable Development-Co2 Emmision in Iran: Bayesian VAR Approach. JOURNAL OF ENVIRONMENTAL SCIENCE AND TECHNOLOGY[Internet]. 2020;22(2 (93) ):395-407. Available from: https://sid.ir/paper/361554/en

IEEE: Copy

DAVOOD BEHBOUDI, PARVIZ MOHAMMADZADEH, and Soha Moosavi, “Investigation of Interrelationship between Renewable Energy-Sustainable Development-Co2 Emmision in Iran: Bayesian VAR Approach,” JOURNAL OF ENVIRONMENTAL SCIENCE AND TECHNOLOGY, vol. 22, no. 2 (93) , pp. 395–407, 2020, [Online]. Available: https://sid.ir/paper/361554/en

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