Quick Access


Bu Dergi DOI ve Crosscheck üyesidir


Abstract


PANEL DATA ANALYSIS ON DETERMINANTS OF RENEWABLE ENERGY CONSUMPTION

From the past to the present day energy, maintains its importance both politically and economically, especially for developing and developed countries. The rapid increase in the population and consequently the depletion of existing energy sources have led these countries to turn to alternative energy sources. The consumption of an energy source and incessantly renewing itself has brought forward the concept of renewable energy. At this point, renewable energy sources have become an important factor in the economic literature. The aim of this study is to investigate the determinants of renewable energy consumption using panel data analysis method with annual data of 16 selected countries for the period 2000-2018. Data from the World Bank, Worldwide Governance Indicators and BP Statistical World Energy Review official sites were used in the study. In this study, renewable energy consumption as dependent variable; GDP, general government final consumption expenditures, CO2 emissions, the rule of law index, foreign direct investments and labor force (quantity) were included in the analysis by specifying. In the study, fixed effects and random effects models and GMM model were analyzed to investigate by comparing the determinant factors of renewable energy consumption. The effects of these variables on renewable energy consumption were interpreted depending on the estimated results obtained in the analysis.



Keywords
Energy, Renewable Energy, Panel Data Models



References

Advanced Search


Announcements


Address :Russian Science Academy Mahaçkala / Russian Federation
Telephone :+90 543 373 80 81 Whatsapp Fax :
Email :ssssjournal@gmail.com

Web Yazılım & Programlama Han Yazılım Bilişim Hizmetleri