Araştırma Makalesi

What are the Main Determinants of Renewable Energy Consumption? A Panel Threshold Regression Approach

Cilt: 19 Sayı: 2 17 Haziran 2019
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What are the Main Determinants of Renewable Energy Consumption? A Panel Threshold Regression Approach

Öz

Because of severe environmental impacts associated with the use of conventional energy sources, most of the countries attempt to decarbonize their energy sector by increasing share of renewable energy in their total energy consumption which also reduces their energy import dependency. Therefore, this study aims to understand the determinants of renewable energy consumption for 58 countries over the period from 1990 to 2012. The period and number of countries are determined based on the data availability for all the variables. For example, data on total greenhouse gas emissions is available only up to 2012. Analysis is based on a panel threshold regression model to find out asymmetric behavior of renewable energy consumption. The model explains renewable energy consumption by various economic factors in a nonlinear framework. Different effects of these factors are expected under different economic regimes characterized by income level. Results show that for real GDP per capita lower than 1527.977 US$, signs, statistical significance and magnitude of coefficients on some variables differ tremendously compared to the upper regime verifying the asymmetric relationship. Therefore, one can conclude that determinants of renewable energy consumption differ across countries and time based on the real GDP per capita level.

Anahtar Kelimeler

Kaynakça

  1. Ackah, I., & Kizys, R. (2015). Green growth in oil producing African countries: A panel data analysis of renewable energy demand. Renewable and Sustainable Energy Reviews, 50, 1157-1166. doi:https://doi.org/10.1016/j.rser.2015.05.030
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  4. Apergis, N., & Payne, J. E. (2014a). The causal dynamics between renewable energy, real GDP, emissions and oil prices: evidence from OECD countries. Applied Economics, 46(36), 4519-4525. doi:10.1080/00036846.2014.964834
  5. Apergis, N., & Payne, J. E. (2014b). Renewable energy, output, CO2 emissions, and fossil fuel prices in Central America: Evidence from a nonlinear panel smooth transition vector error correction model. Energy Economics, 42, 226-232. doi:https://doi.org/10.1016/j.eneco.2014.01.003
  6. Bengochea, A., & Faet, O. (2012). Renewable energies and CO2 emissions in the European Union. Energy Sources, Part B: Economics, Planning, and Policy, 7(2), 121-130. doi:10.1080/15567240902744635
  7. Bird, L., Bolinger, M., Gagliano, T., Wiser, R., Brown, M., & Parsons, B. (2005). Policies and market factors driving wind power development in the United States. Energy Policy, 33(11), 1397-1407. https://doi.org/10.1016/j.enpol.2003.12.018
  8. Candelon, B., Colletaz, G., & Hurlin, C. (2013). Network effects and infrastructure productivity in developing countries. Oxford Bulletin of Economics and Statistics, 75(6), 887-913. doi:10.1111/j.1468-0084.2012.00722.x

Ayrıntılar

Birincil Dil

Türkçe

Konular

-

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

17 Haziran 2019

Gönderilme Tarihi

13 Haziran 2018

Kabul Tarihi

18 Şubat 2019

Yayımlandığı Sayı

Yıl 2019 Cilt: 19 Sayı: 2

Kaynak Göster

APA
Akarsu, G., & Korucu Gümüşoğlu, N. (2019). What are the Main Determinants of Renewable Energy Consumption? A Panel Threshold Regression Approach. Anadolu Üniversitesi Sosyal Bilimler Dergisi, 19(2), 1-22. https://doi.org/10.18037/ausbd.566663
AMA
1.Akarsu G, Korucu Gümüşoğlu N. What are the Main Determinants of Renewable Energy Consumption? A Panel Threshold Regression Approach. AÜSBD. 2019;19(2):1-22. doi:10.18037/ausbd.566663
Chicago
Akarsu, Gülsüm, ve Nebile Korucu Gümüşoğlu. 2019. “What are the Main Determinants of Renewable Energy Consumption? A Panel Threshold Regression Approach”. Anadolu Üniversitesi Sosyal Bilimler Dergisi 19 (2): 1-22. https://doi.org/10.18037/ausbd.566663.
EndNote
Akarsu G, Korucu Gümüşoğlu N (01 Haziran 2019) What are the Main Determinants of Renewable Energy Consumption? A Panel Threshold Regression Approach. Anadolu Üniversitesi Sosyal Bilimler Dergisi 19 2 1–22.
IEEE
[1]G. Akarsu ve N. Korucu Gümüşoğlu, “What are the Main Determinants of Renewable Energy Consumption? A Panel Threshold Regression Approach”, AÜSBD, c. 19, sy 2, ss. 1–22, Haz. 2019, doi: 10.18037/ausbd.566663.
ISNAD
Akarsu, Gülsüm - Korucu Gümüşoğlu, Nebile. “What are the Main Determinants of Renewable Energy Consumption? A Panel Threshold Regression Approach”. Anadolu Üniversitesi Sosyal Bilimler Dergisi 19/2 (01 Haziran 2019): 1-22. https://doi.org/10.18037/ausbd.566663.
JAMA
1.Akarsu G, Korucu Gümüşoğlu N. What are the Main Determinants of Renewable Energy Consumption? A Panel Threshold Regression Approach. AÜSBD. 2019;19:1–22.
MLA
Akarsu, Gülsüm, ve Nebile Korucu Gümüşoğlu. “What are the Main Determinants of Renewable Energy Consumption? A Panel Threshold Regression Approach”. Anadolu Üniversitesi Sosyal Bilimler Dergisi, c. 19, sy 2, Haziran 2019, ss. 1-22, doi:10.18037/ausbd.566663.
Vancouver
1.Gülsüm Akarsu, Nebile Korucu Gümüşoğlu. What are the Main Determinants of Renewable Energy Consumption? A Panel Threshold Regression Approach. AÜSBD. 01 Haziran 2019;19(2):1-22. doi:10.18037/ausbd.566663

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