Causality Analysis Between Human Capital, Renewable Energy Consumption, and Economic Growth in BRICS-T Countries

Mücahit Ülger

Article Details

Causality Analysis Between Human Capital, Renewable Energy Consumption, and Economic Growth in BRICS-T Countries

Authors:

Mücahit Ülger

Publisher:

Tokat Gaziosmanpasa University

Main Topics:

Büyüme

Journal:

Sosyal Bilimler Araştırmaları Dergisi Vol.20 Issue 1, pp.450-470

Document Type:

Article

Publication Date:

6/2025

Document Language:

Turkish

Document ID (Org No.):

2001350966

pISSN:

2564-680X

Keywords:

Abstract:

 Understanding the interactions between economic growth, human capital and renewable energy consumption is becoming increasingly important in achieving sustainable growth targets on a global scale. This study analyses the causality relationship between economic growth, human capital, and renewable energy consumption variables in BRICS-T countries. While human capital is considered one of the important determinants of economic growth, renewable energy consumption plays a critical role in sustainable economic growth. The study analyses the causality relationship between these variables and their direction using annual data for the period 1990-2019. The analyses conducted with the Dumitrescu-Hurlin panel causality test method aim to contribute to the shaping of growth strategies and sustainable development policies. The findings revealed that there is a bidirectional causality relationship between economic growth and renewable energy consumption. Similarly, bidirectional causality is also observed between economic growth and human capital. Moreover, a reciprocal causality relationship was found between human capital and renewable energy consumption. These results shed light on the complex relationships between economic growth, human capital, and renewable energy consumption in BRICS-T countries and provide important findings for shaping relevant policies.

 Understanding the interactions between economic growth, human capital and renewable energy consumption is becoming increasingly important in achieving sustainable growth targets on a global scale. This study analyses the causality relationship between economic growth, human capital, and renewable energy consumption variables in BRICS-T countries. While human capital is considered one of the important determinants of economic growth, renewable energy consumption plays a critical role in sustainable economic growth. The study analyses the causality relationship between these variables and their direction using annual data for the period 1990-2019. The analyses conducted with the Dumitrescu-Hurlin panel causality test method aim to contribute to the shaping of growth strategies and sustainable development policies. The findings revealed that there is a bidirectional causality relationship between economic growth and renewable energy consumption. Similarly, bidirectional causality is also observed between economic growth and human capital. Moreover, a reciprocal causality relationship was found between human capital and renewable energy consumption. These results shed light on the complex relationships between economic growth, human capital, and renewable energy consumption in BRICS-T countries and provide important findings for shaping relevant policies.

 Understanding the interactions between economic growth, human capital and renewable energy consumption is becoming increasingly important in achieving sustainable growth targets on a global scale. This study analyses the causality relationship between economic growth, human capital, and renewable energy consumption variables in BRICS-T countries. While human capital is considered one of the important determinants of economic growth, renewable energy consumption plays a critical role in sustainable economic growth. The study analyses the causality relationship between these variables and their direction using annual data for the period 1990-2019. The analyses conducted with the Dumitrescu-Hurlin panel causality test method aim to contribute to the shaping of growth strategies and sustainable development policies. The findings revealed that there is a bidirectional causality relationship between economic growth and renewable energy consumption. Similarly, bidirectional causality is also observed between economic growth and human capital. Moreover, a reciprocal causality relationship was found between human capital and renewable energy consumption. These results shed light on the complex relationships between economic growth, human capital, and renewable energy consumption in BRICS-T countries and provide important findings for shaping relevant policies.

 Küresel ölçekte sürdürülebilir büyüme hedeflerine ulaşmada ekonomik büyüme, beşeri sermaye ve yenilenebilir enerji tüketimi arasındaki etkileşimlerin anlaşılması giderek daha fazla önem kazanmaktadır. Bu çalışma, BRICS-T ülkelerinde ekonomik büyüme, beşeri sermaye ve yenilenebilir enerji tüketimi değişkenleri arasındaki nedensellik ilişkisini incelemektedir. Beşeri sermaye, ekonomik büyümenin önemli belirleyicilerinden biri olarak değerlendirilirken, yenilenebilir enerji tüketimi sürdürülebilir ekonomik büyüme için kritik bir role sahiptir. Çalışmada, 1990-2019 dönemine ait yıllık veriler kullanılarak bu değişkenler arasındaki nedensellik ilişkisi ve yönü analiz edilmiştir. Dumitrescu-Hurlin panel nedensellik testi yöntemiyle gerçekleştirilen analizler, büyüme stratejileri ve sürdürülebilir kalkınma politikalarının şekillendirilmesine katkı sağlamayı amaçlamaktadır. Elde edilen bulgular, ekonomik büyüme ile yenilenebilir enerji tüketimi arasında çift yönlü nedensellik ilişkisi olduğunu ortaya koymuştur. Benzer şekilde, ekonomik büyüme ile beşeri sermaye arasında da çift yönlü nedensellik gözlenmiştir. Ayrıca, beşeri sermaye ile yenilenebilir enerji tüketimi arasında karşılıklı bir nedensellik ilişkisi tespit edilmiştir. Bu sonuçlar, BRICS-T ülkelerinde ekonomik büyüme, beşeri sermaye ve yenilenebilir enerji tüketimi arasındaki karmaşık ilişkilere ışık tutmakta ve ilgili politikaların şekillendirilmesi için önemli bulgular sunmaktadır.

Article Details

Causality Analysis Between Human Capital, Renewable Energy Consumption, and Economic Growth in BRICS-T Countries

Authors:

Mücahit Ülger

Publisher:

Tokat Gaziosmanpasa University

Main Topics:

Büyüme

Journal:

Sosyal Bilimler Araştırmaları Dergisi Vol.20 Issue 1, pp.450-470

Document Type:

Article

Publication Date:

6/2025

Document Language:

Turkish

Document ID (Org No.):

2001350966

pISSN:

2564-680X

Economic Growth

Human Capital

Renewable Energy Consumption

Dumitrescu-Hurlin Panel Causality TestEkonomik Büyüme

Beşeri Sermaye

Yenilenebilir Enerji Tüketimi

Dumitrescu-Hurlin Panel Nedensellik Testi

Issues

Article Details

Authors: Mücahit Ülger

Publisher: Tokat Gaziosmanpasa University

Main Topics: Büyüme

Journal: Sosyal Bilimler Araştırmaları Dergisi Vol.20 Issue 1, pp.450-470

Document Type: Article

Publication Date: 6/2025

Document Language: Turkish

Document ID (Org No.): 2001350966

pISSN: 2564-680X

Issues

Authors:

Mücahit Ülger

Publisher:

Tokat Gaziosmanpasa University

Main Topics:

Büyüme

Journal:

Sosyal Bilimler Araştırmaları Dergisi Vol.20 Issue 1, pp.450-470

Document Type:

Article

Publication Date:

6/2025

Document Language:

Turkish

Document ID (Org No.):

2001350966

pISSN:

2564-680X