期刊名称:International Journal of Energy Economics and Policy
电子版ISSN:2146-4553
出版年度:2018
卷号:8
期号:6
页码:180-185
语种:English
出版社:EconJournals
其他摘要:The main purpose of this study is to estimate the impact of foreign direct investment (FDI) inflows and stock market capitalization (SMC) on the renewable energy consumption (REC). In addition, the study aims to ivestigate the impact of financial development (FD) and research-development expenditures (R&D) on the renewable energy consumption. The study utilizes annual data from 1990 to2015 inTurkey using the autoregressive distributed lag (ARDL) approach. The findings show that, based on the ARDL estimates, there exist long-run equilibrium relationships among the variables. The results of this study also indicate that the renewable energy consumption is mainly determined by FDI inflows, financial development and research-development expenditures in the long run. Keywords: Renewable Energy, Foreign Direct Investment, Stock Market Capitalization, ARDL Approach JEL Classifications: C51, G10, Q42 DOI: https://doi.org/10.32479/ijeep.7025
其他关键词:Renewable Energy; Foreign Direct Investment; Stock Market Capitalization; ARDL Approach