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dc.contributor.authorNar, Mehmet
dc.date.accessioned2021-06-01T07:44:13Z
dc.date.available2021-06-01T07:44:13Z
dc.date.issued2021en_US
dc.identifier.citationNar, M. (2021). The Relationship Between Income Inequality and Energy Consumption: A Pareto Optimal Approach. The Journal of Asian Finance, Economics and Business, 8(4), 613-624.en_US
dc.identifier.urihttps://hdl.handle.net/11494/3198
dc.description.abstractThis paper analyzes the relationship between income distribution and energy consumption from a Pareto optimal approach. For this purpose, the causality relationship between electricity consumption per capita (kWh) with respect to country groups and energy consumption per capita (kg of oil equivalent) along with gross domestic product per capita was analyzed. In addition to this purpose, a Pareto analysis was conducted to determine the countries with the highest per capita national income, how much of the world total energy they consume, and whether the law of power in the energy and electricity markets exists. Finally, the impact of official development assistance provided to low-income countries by high-income countries on the low-income countries’ electricity and energy consumption was analyzed. In other words, it was questioned whether pareto redistribution policies serve the purpose or not. The Engle-Granger causality approach was used in the analysis of the causality relationship between variables. Our analysis indicated that, first, the energy data of the country groups may be inadequate in revealing income inequalities. Second, the existence of Pareto law of power and global income inequality can be explained based on energy data. Finally, Pareto optimal redistribution policies to eliminate income inequality remain inadequate in practice.en_US
dc.language.isoengen_US
dc.publisherKorea Distribution Science Assocen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectEnergy Economyen_US
dc.subjectIncome Inequalityen_US
dc.subjectIncome Distributionen_US
dc.subjectEnergy Consumptionen_US
dc.subjectPareto Optimalityen_US
dc.subjectEfficiencyen_US
dc.titleThe relationship between income ınequality and energy consumption: a pareto optimal approachen_US
dc.typearticleen_US
dc.relation.journalJournal Of Asian Finance Economics And Businessen_US
dc.departmentAÇÜ, Hopa İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümüen_US
dc.identifier.volume8en_US
dc.identifier.issue4en_US
dc.identifier.startpage613en_US
dc.identifier.endpage624en_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.identifier.doi10.13106/jafeb.2021.vol8.no4.0613en_US
dc.contributor.institutionauthorNar, Mehmet


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