Investigation of the Effects of GDP per capita, Carbon dioxide Emission, Trade and Technological Innovation on the Electricity Generation from Renewable Energy in Turkey


Vural G.

International Marmara Social Sciences Congress, Kocaeli, Turkey, 4 - 05 December 2020, pp.175-178

  • Publication Type: Conference Paper / Full Text
  • City: Kocaeli
  • Country: Turkey
  • Page Numbers: pp.175-178

Abstract


Due to detrimental effects of fossil fuels on the environment, policy makers in many countries started to implement renewable energy policies aiming to replace fossil fuels by renewable energy resources.  In order to develop appropriate renewable energy strategies,  determining  how the essential factors affect  renewable energy generation is important.  In this study the effects of GDP per capita, carbon dioxide emission per capita, trade and technological innovation on the electricity generation from renewable energy resources in Turkey over the 1984-2016 period are investigated. The empirical analysis is carried out by employing Ordinary Least Squares (OLS). According to the empirical results, GDP per capita and carbon dioxide emissions have positive and statistically significant effect on per capita renewable energy production. Although the signs of the estimated coefficients of technological innovation and trade are positive, the coefficients are not statistically significant.