1. TÜRKİYE'DE YENİLENEBİLİR ENERJİ TÜKETİMİ EKONOMİK BÜYÜMEYE KATKI SAĞLAR MI?
- Author
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DEMİR, Yusuf
- Subjects
- *
RENEWABLE energy sources , *GEOTHERMAL resources , *POWER resources , *ENERGY consumption , *WIND power - Abstract
Growth and consumption are two closely related concepts that should not be considered separately. Along with population growth, industrialization, and increasing trade, people started to produce more and thus to consume more. Several environmental problems, including air, soil, and water pollution, the consumption of much more significant amounts of raw materials, and excessive use of synthetic products and chemicals have been emerged in order to meet production needs. One of the necessary resources to meet the consumption required for growth is energy. Renewable energy resources of nature, which are regarded as unlimited, sustainable, and regenerative, include wind energy, solar energy, bio-energy, geothermal energy, wave or tidal energy, and hydroelectric energy. One of the main goals of Turkey, within the scopes of its environmental friendliness and energy saving policies, is to increase the share of renewable energy resources in the energy portfolio of the country whose industry and economy are growing and the population is on the rise. Considering the points mentioned, the current study was carried out to analyze renewable energy consumption and economic growth in Turkey. In so doing, the annual data of renewable energy consumption, Gross domestic product, fixed capital formation, and the total labor force for the period 1990-2019 for Turkey were obtained from the World Bank database and analyzed using Toda-Yamamoto causality analysis. The results showed that there is a unidirectional causality running from renewable energy consumption, capital, and labor force to growth. In other words, increases in renewable energy consumption positively affect economic growth. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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