G20 ve OECD Ülkelerinde Doğrudan Yabancı Yatırımlar ile Yenilenebilir Enerji Arasındaki Nedensellik İlişkisi: 2005-2017

Abstract

Bu çalışma G20, OECD ve Dünya Geneli için, 2005-2017 dönemi verileri ile panel bootstrap Granger nedensellik testini kullanarak doğrudan yabancı yatırımlar (DYY) ve yenilenebilir enerji (RE) arasındaki ilişkisini analiz etmektedir. Analiz, G20 ve dünya için DYY ve RE arasında çift yönlü bir nedensellik olduğunu ve OECD için RE ‘den DDY’ye tek yönlü bir nedensellik olduğunu göstermektedir. Bulgular, doğrudan yabancı yatırımların yenilenebilir enerji kullanımını yaygınlaştıracak gelişmeleri taşıdığını ve yenilenebilir enerji kullanımının ülkeyi doğrudan yabancı yatırımlara uygun hale getirdiğini belirtmektedir.

Keywords

• Doğrudan Yabancı Yatırımlar
• Yenilenebilir Enerji
• Nedensellik

The Causality Relationship between Foreign Direct Investment and Renewable Energy in G20 and OECD Countries: 2005-2017

Abstract

This study investigates the link between foreign direct investment (FDI) and renewable energy (RE) as a primary energy source for G20 countries, OECD member countries and Worldwide. For this purpose, bootstrap panel Granger Causality Analysis developed by Konya (2006) was employed for over the period 2005-2017 to examine the existence of causality. The analysis results indicate that there is bidirectional causality between FDI and RE for the G20 and the worldwide. On the other hand, for OECD member countries, there is a one-way causality from RE to FDI. The findings state that foreign direct investments carry the developments that will make renewable energy use widespread, and the use of renewable energy makes the country suitable for foreign direct investment.

Keywords

• Foreign Direct Investments
• Renewable Energy
• Causality

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