Renewable Energy Use and Energy Productivity: A Panel Data Analysis
Yükleniyor...
Tarih
2020
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
İstanbul Gelişim Üniversitesi Yayınları / Istanbul Gelisim University Press
Erişim Hakkı
info:eu-repo/semantics/openAccess
Attribution-NonCommercial-NoDerivs 3.0 United States
Attribution-NonCommercial-NoDerivs 3.0 United States
Özet
This study emphasizes renewable energy source use's effects on productivity, competitiveness, and growth. The hypothesis of the study was tested with panel data analysis on European and Central Asian countries. Panel data analysis covered 15 Eurasian countries with data from 1990-2014. In our hypothesis, renewable energy use increases income by increasing efficiency in production. The model established reveals the difference between various energy types and renewable energy. Analysis outputs support the study hypothesis. According to the results, the increase in the share of renewable energy use in total energy use affects per capita income positively. On the other hand, an increase in the share of fossil fuels decreases per capita income. Our study suggests that countries aiming for better economic growth should increase their use of renewable energy.
Açıklama
Anahtar Kelimeler
Energy, Renewable Energy, Energy Productivity, Sustainability, Economic Growth
Kaynak
Journal of Sustainable Economics and Management Studies
WoS Q Değeri
Scopus Q Değeri
Cilt
1
Sayı
1
