Renewable energy and sustainable development: Evidence from OECD countries

dc.authorid0000-0002-7201-2057en_US
dc.contributor.authorGüney, Taner
dc.date.accessioned2021-02-22T10:23:32Z
dc.date.available2021-02-22T10:23:32Z
dc.date.issued2021en_US
dc.departmentKMÜ, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümüen_US
dc.descriptionWOS:000614637300001en_US
dc.description.abstractThis study aims to investigate the effects of renewable energy on GDP and sustainable development. The data of Economic Cooperation and Development Organization (OECD) countries covering the period of 1990–2015 are included in the analysis. In this study, GDP and adjusted net savings (ANS) are used as indicators of sustainable development. ANS calculation is closely related to the 2030 Sustainable Development Goals and the concept of sustainable development. According to IV (two‐stage least square—2SLS) and two‐stage general method of moments IV (2SLS) estimates, renewable energy positively affects ANS per capita. However, non‐renewable energy negatively affects ANS per capita. Therefore, renewable energy causes an increase in sustainable development, while non‐renewable energy causes a decrease. As a result, OECD countries are recommended to prefer renewable energy rather than non‐renewable energy. OECD countries should make the necessary arrangements for the growth and development of the renewable energy sector and implement them quickly. Preferring renewable energy is extremely important to achieve the 2030 Sustainable Development Goals.en_US
dc.identifier.citationGüney, T. (2021). Renewable energy and sustainable development: Evidencefrom OECD countries. Environmental Progress and Sustainable Energyen_US
dc.identifier.doi10.1002/ep.13609
dc.identifier.scopus2-s2.0-85100477246
dc.identifier.scopusqualityQ2
dc.identifier.urihttps://doi.org/10.1002/ep.13609
dc.identifier.urihttps://hdl.handle.net/11492/4913
dc.identifier.wosWOS:000614637300001
dc.identifier.wosqualityQ3
dc.indekslendigikaynakWeb of Sceince
dc.indekslendigikaynakScopus
dc.institutionauthorGüney, Taner
dc.language.isoen
dc.publisherAmerican Institute of Chemical Engineersen_US
dc.relation.journalEnvironmental Progress and Sustainable Energyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectEndogeneityen_US
dc.subjectNon-Renewable Energyen_US
dc.subjectOecd Countriesen_US
dc.subjectPanel Data Analysisen_US
dc.subjectRenewable Energyen_US
dc.subjectSustainabilityen_US
dc.titleRenewable energy and sustainable development: Evidence from OECD countriesen_US
dc.typeArticle

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