Research Article

AI Readiness, Renewable Energy, and Industrial Development: Structural Approach to Sustainable Growth

Volume: 11 Number: 2 June 30, 2026
TR EN

AI Readiness, Renewable Energy, and Industrial Development: Structural Approach to Sustainable Growth

Abstract

This study examines the determinants of economic growth in the 27 countries with the highest GDP for the period 2008–2020. In the analysis, new generation panel data methods were applied, taking into account cross-sectional dependence that may arise due to common shocks and spillover effects between countries, as well as heterogeneity reflecting countries' institutional and structural differences. In this context, the relationship between growth and artificial intelligence applications and technological competence, renewable energy use, industrialisation level, and unemployment rate was tested. The findings show that increases in technological capacity and artificial intelligence significantly support growth through productivity, innovation, and total factor productivity channels. Furthermore, the shift towards green energy contributes to growth by reducing production costs and encouraging investment in line with energy security and emission reduction. Industrialisation stands out as an important driver of growth through economies of scale and added value growth. In contrast, unemployment, idle labour and weakening domestic demand are holding back growth. Consequently, countries need to strengthen R&D, digital transformation, renewable infrastructure, industrial policies and inclusive employment strategies in a coordinated manner for long-term stability. In this process, education-skills alignment, active labour force programmes and fair transition mechanisms can support growth by reducing the social costs of transformation.

Keywords

References

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Details

Primary Language

English

Subjects

Growth

Journal Section

Research Article

Publication Date

June 30, 2026

Submission Date

January 27, 2026

Acceptance Date

May 23, 2026

Published in Issue

Year 2026 Volume: 11 Number: 2

APA
Özbek, S., Naimoğlu, M., Şahin, S., & Çamkaya, S. (2026). AI Readiness, Renewable Energy, and Industrial Development: Structural Approach to Sustainable Growth. Ekonomi Politika Ve Finans Araştırmaları Dergisi, 11(2), 558-582. https://doi.org/10.30784/epfad.1872977
AMA
1.Özbek S, Naimoğlu M, Şahin S, Çamkaya S. AI Readiness, Renewable Energy, and Industrial Development: Structural Approach to Sustainable Growth. EPF Journal. 2026;11(2):558-582. doi:10.30784/epfad.1872977
Chicago
Özbek, Sefa, Mustafa Naimoğlu, Serkan Şahin, and Serhat Çamkaya. 2026. “AI Readiness, Renewable Energy, and Industrial Development: Structural Approach to Sustainable Growth”. Ekonomi Politika Ve Finans Araştırmaları Dergisi 11 (2): 558-82. https://doi.org/10.30784/epfad.1872977.
EndNote
Özbek S, Naimoğlu M, Şahin S, Çamkaya S (June 1, 2026) AI Readiness, Renewable Energy, and Industrial Development: Structural Approach to Sustainable Growth. Ekonomi Politika ve Finans Araştırmaları Dergisi 11 2 558–582.
IEEE
[1]S. Özbek, M. Naimoğlu, S. Şahin, and S. Çamkaya, “AI Readiness, Renewable Energy, and Industrial Development: Structural Approach to Sustainable Growth”, EPF Journal, vol. 11, no. 2, pp. 558–582, June 2026, doi: 10.30784/epfad.1872977.
ISNAD
Özbek, Sefa - Naimoğlu, Mustafa - Şahin, Serkan - Çamkaya, Serhat. “AI Readiness, Renewable Energy, and Industrial Development: Structural Approach to Sustainable Growth”. Ekonomi Politika ve Finans Araştırmaları Dergisi 11/2 (June 1, 2026): 558-582. https://doi.org/10.30784/epfad.1872977.
JAMA
1.Özbek S, Naimoğlu M, Şahin S, Çamkaya S. AI Readiness, Renewable Energy, and Industrial Development: Structural Approach to Sustainable Growth. EPF Journal. 2026;11:558–582.
MLA
Özbek, Sefa, et al. “AI Readiness, Renewable Energy, and Industrial Development: Structural Approach to Sustainable Growth”. Ekonomi Politika Ve Finans Araştırmaları Dergisi, vol. 11, no. 2, June 2026, pp. 558-82, doi:10.30784/epfad.1872977.
Vancouver
1.Sefa Özbek, Mustafa Naimoğlu, Serkan Şahin, Serhat Çamkaya. AI Readiness, Renewable Energy, and Industrial Development: Structural Approach to Sustainable Growth. EPF Journal. 2026 Jun. 1;11(2):558-82. doi:10.30784/epfad.1872977