IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2023-06-19.html
   My bibliography  Save this article

Research and Development Expenditures and Renewable Energy: An Empirical Analysis in Türkiye

Author

Listed:
  • Bahman Huseynli

    (PhD Candidate, Department of Business Administration, Azerbaijan State University of Economics (UNEC), Baku, Azerbaijan; & Head of Division of Labor Market Analysis, Department of Labor Market Analysis, Azerbaijan Public Employment Agency, Baku, Azerbaijan.)

Abstract

In recent years, the increase in imported energy demand in Turkey significantly increases the current account deficit. In developing countries such as Turkey, foreign dependence on energy resources such as oil and natural gas, which is necessary for the realization of production, causes the current account deficit to increase. In this context, turning to renewable energy sources and increasing the amount of energy obtained from these sources is one of the alternatives to get rid of Turkey`s dependence on foreign energy in terms of energy. The aim of this study is to examine the relationship between renewable energy consumption and research and development (R&D) expenditures in Turkey for the period 1998-2021 and to determine to what extent these variables affect each other. In the study, Granger causality analysis was applied using renewable energy consumption and R&D expenditure data. According to the findings obtained in the study, a unilateral causality relationship was determined from renewable energy consumption to R&D expenditures.

Suggested Citation

  • Bahman Huseynli, 2023. "Research and Development Expenditures and Renewable Energy: An Empirical Analysis in Türkiye," International Journal of Energy Economics and Policy, Econjournals, vol. 13(6), pages 179-184, November.
    • Handle: RePEc:eco:journ2:2023-06-19
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/14601/7555
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/14601
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Nigar Huseynli, 2022. "Impact of Revenues from Oil and Non-Oil Sectors on the Economic Growth of Azerbaijan," International Journal of Energy Economics and Policy, Econjournals, vol. 12(5), pages 31-35, September.
    2. Zoltán J. Ács & Pontus Braunerhjelm & David B. Audretsch & Bo Carlsson, 2015. "The knowledge spillover theory of entrepreneurship," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 7, pages 129-144, Edward Elgar Publishing.
    3. Nnaemeka Vincent Emodi & Ganzorig Shagdarsuren & Abdissa Yilma Tiky, 2015. "Influencing Factors Promoting Technological Innovation in Renewable Energy," International Journal of Energy Economics and Policy, Econjournals, vol. 5(3), pages 889-900.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. María Jesús Rodríguez-Gulías & David Rodeiro-Pazos & Sara Fernández-López & Manuel Ángel Nogueira-Moreiras, 2021. "The effect of regional resources on innovation: a firm-centered approach," The Journal of Technology Transfer, Springer, vol. 46(3), pages 760-791, June.
    2. Erik Stam, 2010. "Entrepreneurship, Evolution and Geography," Chapters, in: Ron Boschma & Ron Martin (ed.), The Handbook of Evolutionary Economic Geography, chapter 6, Edward Elgar Publishing.
    3. Konon, Alexander & Fritsch, Michael & Kritikos, Alexander S., 2018. "Business cycles and start-ups across industries: An empirical analysis of German regions," Journal of Business Venturing, Elsevier, vol. 33(6), pages 742-761.
    4. Piñeiro-Chousa, Juan & López-Cabarcos, M. Ángeles & Romero-Castro, Noelia María & Pérez-Pico, Ada María, 2020. "Innovation, entrepreneurship and knowledge in the business scientific field: Mapping the research front," Journal of Business Research, Elsevier, vol. 115(C), pages 475-485.
    5. Giancarlo Giudici & Massimiliano Guerini & Cristina Rossi-Lamastra, 2019. "The creation of cleantech startups at the local level: the role of knowledge availability and environmental awareness," Small Business Economics, Springer, vol. 52(4), pages 815-830, April.
    6. Carlos Carreira & Luís Lopes, 2016. "Collecting new pieces to the regional knowledge spillovers puzzle: high-tech versus low-tech industries," GEMF Working Papers 2016-06, GEMF, Faculty of Economics, University of Coimbra.
    7. Boeker, Warren & Howard, Michael D. & Basu, Sandip & Sahaym, Arvin, 2021. "Interpersonal relationships, digital technologies, and innovation in entrepreneurial ventures," Journal of Business Research, Elsevier, vol. 125(C), pages 495-507.
    8. R. Sandra Schillo & Ajax Persaud & Meng Jin, 2016. "Entrepreneurial readiness in the context of national systems of entrepreneurship," Small Business Economics, Springer, vol. 46(4), pages 619-637, April.
    9. Savita Bhat & N S Siddharthan, 2010. "Human Capital, Labour Productivity and Employment," Working Papers id:3110, eSocialSciences.
    10. Nicholas Kacher & Luke Petach, 2021. "Boon or Burden? Evaluating the Competing Effects of House-Price Shocks on Regional Entrepreneurship," Economic Development Quarterly, , vol. 35(4), pages 287-304, November.
    11. José Luis Massón-Guerra & Pedro Ortín-Ángel, 2019. "Entrepreneurship capital spillovers at the local level," Small Business Economics, Springer, vol. 52(1), pages 175-191, January.
    12. Poblete, Carlos & Amorós, José Ernesto, 2013. "University Support in the Development of Regional Entrepreneurial Activity: An Exploratory Study from Chile," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 26, pages 159-177.
    13. Mikaela Backman & Charlie Karlsson, 2016. "Determinants of self-employment among commuters and non-commuters," Papers in Regional Science, Wiley Blackwell, vol. 95(4), pages 755-774, November.
    14. Xiangfei Yuan & Haijing Hao & Chenghua Guan & Alex Pentland, 2022. "Which factors affect the performance of technology business incubators in China? An entrepreneurial ecosystem perspective," PLOS ONE, Public Library of Science, vol. 17(1), pages 1-20, January.
    15. Rolando Rubilar-Torrealba & Karime Chahuán-Jiménez & Hanns de la Fuente-Mella & Mercedes Marzo-Navarro, 2022. "Econometric Modeling to Measure the Social and Economic Factors in the Success of Entrepreneurship," Sustainability, MDPI, vol. 14(13), pages 1-15, June.
    16. Hélène Laurell & Leona Achtenhagen & Svante Andersson, 2017. "The changing role of network ties and critical capabilities in an international new venture’s early development," International Entrepreneurship and Management Journal, Springer, vol. 13(1), pages 113-140, March.
    17. Marcus T. Wolfe & Pankaj C. Patel, 0. "I will sleep when I am dead? Sleep and self-employment," Small Business Economics, Springer, vol. 0, pages 1-17.
    18. Mark J. O. Bagley, 2019. "Networks, geography and the survival of the firm," Journal of Evolutionary Economics, Springer, vol. 29(4), pages 1173-1209, September.
    19. Ricardo Moutinho & Manuel Au-Yong-Oliveira & Arnaldo Coelho & José Pires Manso, 2016. "Determinants of knowledge-based entrepreneurship: an exploratory approach," International Entrepreneurship and Management Journal, Springer, vol. 12(1), pages 171-197, March.
    20. Christopher Hayter, 2015. "Public or private entrepreneurship? Revisiting motivations and definitions of success among academic entrepreneurs," The Journal of Technology Transfer, Springer, vol. 40(6), pages 1003-1015, December.

    More about this item

    Keywords

    Renewable Energy; Research and Development; Research and Development Expenditures; Causality Analysis; Türkiye;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2023-06-19. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.