Renewable energy in Turkey: Great potential, low but increasing utilization, and an empirical analysis on renewable energy-growth nexus
Author
Abstract
Suggested Citation
DOI: 10.1016/j.enpol.2018.08.057
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Menegaki, Angeliki N., 2011. "Growth and renewable energy in Europe: A random effect model with evidence for neutrality hypothesis," Energy Economics, Elsevier, vol. 33(2), pages 257-263, March.
- Kaygusuz, Kamil, 2002. "Environmental impacts of energy utilisation and renewable energy policies in Turkey," Energy Policy, Elsevier, vol. 30(8), pages 689-698, June.
- Engle, Robert & Granger, Clive, 2015.
"Co-integration and error correction: Representation, estimation, and testing,"
Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
- Engle, Robert F & Granger, Clive W J, 1987. "Co-integration and Error Correction: Representation, Estimation, and Testing," Econometrica, Econometric Society, vol. 55(2), pages 251-276, March.
- Ozturk, Ilhan, 2010. "A literature survey on energy-growth nexus," Energy Policy, Elsevier, vol. 38(1), pages 340-349, January.
- Ewing, Bradley T. & Payne, James E. & Caporin, Massimilano, 2022.
"The Asymmetric Impact of Oil Prices and Production on Drilling Rig Trajectory: A correction,"
Resources Policy, Elsevier, vol. 79(C).
- B. T. Ewing & M. J. Piette & J. E. Payne, 2004. "Correction," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 71(3), pages 557-557, September.
- Apergis, Nicholas & Payne, James E., 2009. "Energy consumption and economic growth in Central America: Evidence from a panel cointegration and error correction model," Energy Economics, Elsevier, vol. 31(2), pages 211-216.
- Apergis, Nicholas & Payne, James E., 2012. "Renewable and non-renewable energy consumption-growth nexus: Evidence from a panel error correction model," Energy Economics, Elsevier, vol. 34(3), pages 733-738.
- Apergis, Nicholas & Payne, James E., 2010. "Energy consumption and growth in South America: Evidence from a panel error correction model," Energy Economics, Elsevier, vol. 32(6), pages 1421-1426, November.
- Nicholas Apergis & James E. Payne, 2012. "Tourism and Growth in the Caribbean – Evidence from a Panel Error Correction Model," Tourism Economics, , vol. 18(2), pages 449-456, April.
- Nicholas Apergis & Rajeev Goel & James Payne, 2014. "Dynamics of U.S. State Cigarette Consumption: Evidence from Panel Error Correction Modeling," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 42(1), pages 3-20, March.
- Nicholas Apergis & Oguzhan Dincer & James E. Payne, 2014. "Economic Freedom And Income Inequality Revisited: Evidence From A Panel Error Correction Model," Contemporary Economic Policy, Western Economic Association International, vol. 32(1), pages 67-75, January.
- Apergis, Nicholas & Payne, James E., 2014. "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, Elsevier, vol. 42(C), pages 226-232.
- James Payne, 2003. "Post stabilization estimates of money demand in Croatia: error correction model using the bounds testing approach," Applied Economics, Taylor & Francis Journals, vol. 35(16), pages 1723-1727.
- Nicholas Apergis & Oguzhan Dincer & James Payne, 2010. "The relationship between corruption and income inequality in U.S. states: evidence from a panel cointegration and error correction model," Public Choice, Springer, vol. 145(1), pages 125-135, October.
- Salim, Ruhul A. & Shafiei, Sahar, 2014. "Urbanization and renewable and non-renewable energy consumption in OECD countries: An empirical analysis," Economic Modelling, Elsevier, vol. 38(C), pages 581-591.
- Sadorsky, Perry, 2009. "Renewable energy consumption and income in emerging economies," Energy Policy, Elsevier, vol. 37(10), pages 4021-4028, October.
- Ozgur, M. Arif, 2008. "Review of Turkey's renewable energy potential," Renewable Energy, Elsevier, vol. 33(11), pages 2345-2356.
- Barro, Robert J, 1996. "Democracy and Growth," Journal of Economic Growth, Springer, vol. 1(1), pages 1-27, March.
- Kwiatkowski, Denis & Phillips, Peter C. B. & Schmidt, Peter & Shin, Yongcheol, 1992.
"Testing the null hypothesis of stationarity against the alternative of a unit root : How sure are we that economic time series have a unit root?,"
Journal of Econometrics, Elsevier, vol. 54(1-3), pages 159-178.
- Kwiatkowski, D. & Phillips, P.C.B. & Schmidt, P., 1990. "Testing the Null Hypothesis of Stationarity Against the Alternative of Unit Root : How Sure are we that Economic Time Series have a Unit Root?," Papers 8905, Michigan State - Econometrics and Economic Theory.
- Denis Kwiatkowski & Peter C.B. Phillips & Peter Schmidt, 1991. "Testing the Null Hypothesis of Stationarity Against the Alternative of a Unit Root: How Sure Are We That Economic Time Series Have a Unit Root?," Cowles Foundation Discussion Papers 979, Cowles Foundation for Research in Economics, Yale University.
- Vicente Esteve & Francisco Requena, 2006. "A Cointegration Analysis of Car Advertising and Sales Data in the Presence of Structural Change," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 13(1), pages 111-128.
- Dickey, David A & Fuller, Wayne A, 1981. "Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root," Econometrica, Econometric Society, vol. 49(4), pages 1057-1072, June.
- Shahbaz, Muhammad & Loganathan, Nanthakumar & Zeshan, Mohammad & Zaman, Khalid, 2015. "Does renewable energy consumption add in economic growth? An application of auto-regressive distributed lag model in Pakistan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 44(C), pages 576-585.
- Johansen, Soren & Juselius, Katarina, 1990. "Maximum Likelihood Estimation and Inference on Cointegration--With Applications to the Demand for Money," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 52(2), pages 169-210, May.
- Matthew A. Baum & David A. Lake, 2003. "The Political Economy of Growth: Democracy and Human Capital," American Journal of Political Science, John Wiley & Sons, vol. 47(2), pages 333-347, April.
- Lau, Lee Chung & Lee, Keat Teong & Mohamed, Abdul Rahman, 2012. "Global warming mitigation and renewable energy policy development from the Kyoto Protocol to the Copenhagen Accord—A comment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(7), pages 5280-5284.
- Bilgili, Faik & Koçak, Emrah & Bulut, Ümit & Kuşkaya, Sevda, 2017. "Can biomass energy be an efficient policy tool for sustainable development?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 71(C), pages 830-845.
- Zivot, Eric & Andrews, Donald W K, 2002.
"Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis,"
Journal of Business & Economic Statistics, American Statistical Association, vol. 20(1), pages 25-44, January.
- Zivot, Eric & Andrews, Donald W K, 1992. "Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis," Journal of Business & Economic Statistics, American Statistical Association, vol. 10(3), pages 251-270, July.
- Eric Zivot & Donald W.K. Andrews, 1990. "Further Evidence on the Great Crash, the Oil Price Shock, and the Unit Root Hypothesis," Cowles Foundation Discussion Papers 944, Cowles Foundation for Research in Economics, Yale University.
- Tom Doan, "undated". "ZIVOT: RATS procedure to perform Zivot-Andrews Unit Root Test," Statistical Software Components RTS00236, Boston College Department of Economics.
- Paresh Kumar Narayan, 2005. "The saving and investment nexus for China: evidence from cointegration tests," Applied Economics, Taylor & Francis Journals, vol. 37(17), pages 1979-1990.
- Çapik, Mehmet & Yılmaz, Ali Osman & Çavuşoğlu, İbrahim, 2012. "Present situation and potential role of renewable energy in Turkey," Renewable Energy, Elsevier, vol. 46(C), pages 1-13.
- Daron Acemoglu & Simon Johnson & James A. Robinson, 2002.
"Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(4), pages 1231-1294.
- Daron Acemoglu & Simon Johnson & James A. Robinson, 2001. "Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution," NBER Working Papers 8460, National Bureau of Economic Research, Inc.
- Scott Hacker & Abdulnasser Hatemi‐J, 2012.
"A bootstrap test for causality with endogenous lag length choice: theory and application in finance,"
Journal of Economic Studies, Emerald Group Publishing Limited, vol. 39(2), pages 144-160, May.
- Hacker, R. Scott & Hatemi-J, Abdulnasser, 2010. "A Bootstrap Test for Causality with Endogenous Lag Length Choice - theory and application in finance," Working Paper Series in Economics and Institutions of Innovation 223, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
- Salim, Ruhul A. & Rafiq, Shuddhasattwa, 2012. "Why do some emerging economies proactively accelerate the adoption of renewable energy?," Energy Economics, Elsevier, vol. 34(4), pages 1051-1057.
- Ghali, Khalifa H. & El-Sakka, M. I. T., 2004. "Energy use and output growth in Canada: a multivariate cointegration analysis," Energy Economics, Elsevier, vol. 26(2), pages 225-238, March.
- Fang, Yiping, 2011. "Economic welfare impacts from renewable energy consumption: The China experience," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(9), pages 5120-5128.
- Pao, Hsiao-Tien & Li, Yi-Ying & Hsin-Chia Fu,, 2014. "Clean energy, non-clean energy, and economic growth in the MIST countries," Energy Policy, Elsevier, vol. 67(C), pages 932-942.
- Stock, James H & Watson, Mark W, 1993.
"A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems,"
Econometrica, Econometric Society, vol. 61(4), pages 783-820, July.
- James H. Stock & Mark W. Watson, 1991. "A simple estimator of cointegrating vectors in higher order integrated systems," Working Paper Series, Macroeconomic Issues 91-3, Federal Reserve Bank of Chicago.
- Ozcan, Mustafa, 2018. "The role of renewables in increasing Turkey's self-sufficiency in electrical energy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 82(P3), pages 2629-2639.
- M. Hashem Pesaran & Yongcheol Shin & Richard J. Smith, 2001. "Bounds testing approaches to the analysis of level relationships," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(3), pages 289-326.
- Toklu, E., 2013. "Overview of potential and utilization of renewable energy sources in Turkey," Renewable Energy, Elsevier, vol. 50(C), pages 456-463.
- Nejat, Payam & Jomehzadeh, Fatemeh & Taheri, Mohammad Mahdi & Gohari, Mohammad & Abd. Majid, Muhd Zaimi, 2015. "A global review of energy consumption, CO2 emissions and policy in the residential sector (with an overview of the top ten CO2 emitting countries)," Renewable and Sustainable Energy Reviews, Elsevier, vol. 43(C), pages 843-862.
- Granger, C W J, 1969. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, Econometric Society, vol. 37(3), pages 424-438, July.
- Belloumi, Mounir, 2009. "Energy consumption and GDP in Tunisia: Cointegration and causality analysis," Energy Policy, Elsevier, vol. 37(7), pages 2745-2753, July.
- Dogan, Eyup, 2015. "The relationship between economic growth and electricity consumption from renewable and non-renewable sources: A study of Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 534-546.
- Ocal, Oguz & Aslan, Alper, 2013. "Renewable energy consumption–economic growth nexus in Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 28(C), pages 494-499.
- Yuksel, Ibrahim & Kaygusuz, Kamil, 2011. "Renewable energy sources for clean and sustainable energy policies in Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(8), pages 4132-4144.
- Baris, Kemal & Kucukali, Serhat, 2012. "Availibility of renewable energy sources in Turkey: Current situation, potential, government policies and the EU perspective," Energy Policy, Elsevier, vol. 42(C), pages 377-391.
- Shafiei, Sahar & Salim, Ruhul A., 2014. "Non-renewable and renewable energy consumption and CO2 emissions in OECD countries: A comparative analysis," Energy Policy, Elsevier, vol. 66(C), pages 547-556.
- Bilgen, Selçuk & Keles, Sedat & Kaygusuz, Abdullah & SarI, Ahmet & Kaygusuz, Kamil, 2008. "Global warming and renewable energy sources for sustainable development: A case study in Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(2), pages 372-396, February.
- Abdulnasser Hatemi-J, 2012. "Asymmetric causality tests with an application," Empirical Economics, Springer, vol. 43(1), pages 447-456, August.
- Dogan, Eyup, 2016. "Analyzing the linkage between renewable and non-renewable energy consumption and economic growth by considering structural break in time-series data," Renewable Energy, Elsevier, vol. 99(C), pages 1126-1136.
- Bilgili, Faik & Koçak, Emrah & Bulut, Ümit & Kuloğlu, Ayhan, 2017. "The impact of urbanization on energy intensity: Panel data evidence considering cross-sectional dependence and heterogeneity," Energy, Elsevier, vol. 133(C), pages 242-256.
- Paresh Kumar Narayan & Seema Narayan, 2004. "The J-Curve: Evidence from Fiji," International Review of Applied Economics, Taylor & Francis Journals, vol. 18(3), pages 369-380.
- Simsek, Hayal Ayca & Simsek, Nevzat, 2013. "Recent incentives for renewable energy in Turkey," Energy Policy, Elsevier, vol. 63(C), pages 521-530.
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.- Adewuyi, Adeolu O. & Awodumi, Olabanji B., 2017. "Biomass energy consumption, economic growth and carbon emissions: Fresh evidence from West Africa using a simultaneous equation model," Energy, Elsevier, vol. 119(C), pages 453-471.
- Maha Harbaoui Zrelli, 2017. "Renewable energy, non-renewable energy, carbon dioxide emissions and economic growth in selected Mediterranean countries," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 19(4), pages 691-709, October.
- Kahia, Montassar & Aïssa, Mohamed Safouane Ben & Lanouar, Charfeddine, 2017. "Renewable and non-renewable energy use - economic growth nexus: The case of MENA Net Oil Importing Countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 71(C), pages 127-140.
- Tiba, Sofien & Omri, Anis, 2017. "Literature survey on the relationships between energy, environment and economic growth," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 1129-1146.
- Sebri, Maamar & Ben-Salha, Ousama, 2014.
"On the causal dynamics between economic growth, renewable energy consumption, CO2 emissions and trade openness: Fresh evidence from BRICS countries,"
Renewable and Sustainable Energy Reviews, Elsevier, vol. 39(C), pages 14-23.
- Sebri, Maamar & Ben Salha, Ousama, 2013. "On the causal dynamics between economic growth, renewable energy consumption, CO2 emissions and trade openness: Fresh evidence from BRICS countries," MPRA Paper 52535, University Library of Munich, Germany.
- Ben Jebli, Mehdi & Ben Youssef, Slim, 2017. "Renewable energy, arable land, agriculture, CO2 emissions, and economic growth in Morocco," MPRA Paper 76798, University Library of Munich, Germany.
- Hussain Ali Bekhet & Nor Hamisham Harun, 2017. "Elasticity and Causality among Electricity Generation from Renewable Energy and Its Determinants in Malaysia," International Journal of Energy Economics and Policy, Econjournals, vol. 7(2), pages 202-216.
- Amri, Fethi, 2017. "The relationship amongst energy consumption (renewable and non-renewable), and GDP in Algeria," Renewable and Sustainable Energy Reviews, Elsevier, vol. 76(C), pages 62-71.
- Dogan, Eyup & Seker, Fahri, 2016. "Determinants of CO2 emissions in the European Union: The role of renewable and non-renewable energy," Renewable Energy, Elsevier, vol. 94(C), pages 429-439.
- Ahmad, Nisar & Aghdam, Reza FathollahZadeh & Butt, Irfan & Naveed, Amjad, 2020. "Citation-based systematic literature review of energy-growth nexus: An overview of the field and content analysis of the top 50 influential papers," Energy Economics, Elsevier, vol. 86(C).
- Marques, António Cardoso & Fuinhas, José Alberto & Neves, Sónia Almeida, 2018. "Ordinary and Special Regimes of electricity generation in Spain: How they interact with economic activity," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 1226-1240.
- Shakoor Ahmed & Khorshed Alam & Afzalur Rashid & Jeff Gow, 2020. "Militarisation, Energy Consumption, CO2 Emissions and Economic Growth in Myanmar," Defence and Peace Economics, Taylor & Francis Journals, vol. 31(6), pages 615-641, August.
- Shahbaz, Muhammad & Raghutla, Chandrashekar & Chittedi, Krishna Reddy & Jiao, Zhilun & Vo, Xuan Vinh, 2020.
"The effect of renewable energy consumption on economic growth: Evidence from the renewable energy country attractive index,"
Energy, Elsevier, vol. 207(C).
- Shahbaz, Muhammad & Raghutla, Chandrashekar & Chittedi, Krishna Reddy & Jiao, Zhilun & Vo, Xuan Vinh, 2020. "The Effect of Renewable Energy Consumption on Economic Growth: Evidence from the Renewable Energy Country Attractive Index," MPRA Paper 101168, University Library of Munich, Germany, revised 15 Jun 2020.
- Ousama Ben-Salha & Maamar Sebri, 2014.
"A multivariate analysis of the causal flow between renewable energy consumption and GDP in Tunisia,"
Economics Bulletin, AccessEcon, vol. 34(4), pages 2396-2410.
- Ben Salha, Ousama & Sebri, Maamar, 2013. "A multivariate analysis of the causal flow between renewable energy consumption and GDP in Tunisia," MPRA Paper 52572, University Library of Munich, Germany.
- Shahbaz, Muhammad & Hye, Qazi Muhammad Adnan & Tiwari, Aviral Kumar & Leitão, Nuno Carlos, 2013.
"Economic growth, energy consumption, financial development, international trade and CO2 emissions in Indonesia,"
Renewable and Sustainable Energy Reviews, Elsevier, vol. 25(C), pages 109-121.
- Muhammad, Shahbaz & Qazi Muhammad, Adnan Hye & Aviral Kumar, Tiwari, 2012. "Economic Growth, Energy Consumption, Financial Development, International Trade and CO2 Emissions in Indonesia," MPRA Paper 43294, University Library of Munich, Germany, revised 15 Dec 2012.
- Muhammad, Shahbaz & Qazi Muhammad Adnan, Hye & Aviral Kumar, Tiwari, 2013. "Economic Growth, Energy Consumption, Financial Development, International Trade and CO2 Emissions, in Indonesia," MPRA Paper 43272, University Library of Munich, Germany, revised 10 Dec 2012.
- Dogan, Eyup, 2016. "Analyzing the linkage between renewable and non-renewable energy consumption and economic growth by considering structural break in time-series data," Renewable Energy, Elsevier, vol. 99(C), pages 1126-1136.
- Sofien, Tiba & Omri, Anis, 2016. "Literature survey on the relationships between energy variables, environment and economic growth," MPRA Paper 82555, University Library of Munich, Germany, revised 14 Sep 2016.
- Ben Jebli, Mehdi & Ben Youssef, Slim, 2013.
"Economic growth, combustible renewables and waste consumption and emissions in North Africa,"
MPRA Paper
47765, University Library of Munich, Germany.
- Ben Jebli, Mehdi & Ben Youssef, Slim, 2014. "Economic growth, combustible renewables and waste consumption and emissions in North Africa," MPRA Paper 55300, University Library of Munich, Germany.
- Bilgili, Faik & Kuşkaya, Sevda & Toğuç, Nurhan & Muğaloğlu, Erhan & Koçak, Emrah & Bulut, Ümit & Bağlıtaş, H. Hilal, 2019. "A revisited renewable consumption-growth nexus: A continuous wavelet approach through disaggregated data," Renewable and Sustainable Energy Reviews, Elsevier, vol. 107(C), pages 1-19.
- Shahbaz, Muhammad & Zeshan, Muhammad & Afza, Talat, 2012.
"Is energy consumption effective to spur economic growth in Pakistan? New evidence from bounds test to level relationships and Granger causality tests,"
Economic Modelling, Elsevier, vol. 29(6), pages 2310-2319.
- Muhammad, Shahbaz & Muhammad, Zeshan & Talat, Afza, 2012. "Is energy consumption effective to spur economic growth in Pakistan? new evidence from bounds test to level relationships and Granger causality tests," MPRA Paper 39734, University Library of Munich, Germany, revised 29 Jun 2012.
More about this item
Keywords
Non-renewable and renewable energy sources; Energy import dependency; Turkey; Cointegration and causality tests; Economic growth;All these keywords.
Statistics
Access and download statisticsCorrections
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:eee:enepol:v:123:y:2018:i:c:p:240-250. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.