Renewable energy resources are one of the most important source of economic development at the present time. Renewable sources have a great place in economic growth. Electricity can be generated from all of the primal energy sources. There are many types of renewable energy resources each of them are indispensable for the development of the countries. For this reason, energy sources’ effect on economic growth has been searched in this paper. In this paper, the relation between renewable energy sources and economic growth for the years 1990-2014 within the examples of OECD countries are examined by using a panel co-integration analysis. The model that constituted has been estimated through DOLS method. According to the empirical findings that are obtained showed that the consumption of electricity has positive effect on the growth of economy. The result which has been reach through prediction also supports the theoretical expectation.
Alan : Eğitim Bilimleri; Sosyal, Beşeri ve İdari Bilimler; Ziraat, Orman ve Su Ürünleri
Dergi Türü : Uluslararası
Benzer Makaleler | Yazar | # |
---|
Makale | Yazar | # |
---|