Boosting Energy Efficiency in Turkey: The Role of Public-Private Partnership Investment

Basit Öğe Kaydı
dc.authoridhttps://orcid.org/0000-0001-9694-5196en_US
dc.authoridhttps://orcid.org/0000-0003-4451-1833en_US
dc.authoridhttps://orcid.org/0000-0003-4948-6905en_US
dc.contributor.authorBalcilar, Mehmet
dc.contributor.authorUzuner, Gizem
dc.contributor.authorNwani, Chinazaekpere
dc.contributor.authorBekun, Festus Victor
dc.date.accessioned2023-04-04T16:05:54Z
dc.date.available2023-04-04T16:05:54Z
dc.date.issued2023en_US
dc.departmentİktisadi İdari ve Sosyal Bilimler Fakültesien_US
dc.description.abstractThis study draws motivation from the United Nations Sustainable Development Goals (7.8.11), which highlight pertinent issues across the globe, among which are access to energy, responsible consumption, and sustainable development. To this end, we explored the pivotal role of public–private partnerships (PPP) investment in energy in Turkey, which is currently on an aggressive trajectory for its energy mix to energy efficiency. To avoid omitted variable bias in econometric strategies, we controlled for vital macroeconomic indicators such as foreign direct investment (FDI), trade flow, and economic growth. Empirical results showed a long-run equilibrium relationship between the outlined variables as traced by the autoregressive distributed lag (ARDL) bounds test. Subsequently, we observed a positive relationship between public–private partnership (PPP) investment in energy and the country’s energy intensification in both the short and long runs. A similar trend was observed between FDI, GDP growth, and energy intensity. These outcomes have inherent policy caveats for the Turkish energy sector and economic trajectory. Policy implications include efficient investment in clean energy (renewables) as part of Turkey’s effort toward energy intensification to guarantee sustainable development. Additionally, the involvement of PPP is a welcome dimension for sustainable economic growth. Further insights are documented in the concluding remarks.en_US
dc.identifier.doi10.3390/su15032273en_US
dc.identifier.endpage16en_US
dc.identifier.issn2071-1050
dc.identifier.issue3en_US
dc.identifier.scopus2-s2.0-85148022617en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage1en_US
dc.identifier.urihttps://hdl.handle.net/11363/4310
dc.identifier.urihttps://doi.org/
dc.identifier.volume15en_US
dc.identifier.wosWOS:000930966000001en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherMDPI, ST ALBAN-ANLAGE 66, CH-4052 BASEL, SWITZERLANDen_US
dc.relation.ispartofSustainabilityen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 United States*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/us/*
dc.subjectpublic–private partnership in energyen_US
dc.subjectsustainable developmenten_US
dc.subjectaccess to energyen_US
dc.subjectARDLen_US
dc.subjectTurkeyen_US
dc.titleBoosting Energy Efficiency in Turkey: The Role of Public-Private Partnership Investmenten_US
dc.typeArticleen_US

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