1. Gelişmekte Olan Ülkelerde Yenilenebilir Enerji ve Doğrudan Yabancı Yatırımların Ekonomik Büyüme Üzerindeki Etkisi: Ampirik Bir Analiz.
- Author
-
ÖZDEMİR, Ömer and TASNAK, Menderes
- Abstract
Energy resources are considered one of the most substantial factors in countries' level of development, economic growth, and improving living standards. Today, the countries' industrialization levels and technological equipment have increased energy consumption over time. While the increase in foreign dependency on energy in developing countries causes an increase in energy imports, it prevents the growth levels from reaching the desired levels. On the other hand, one of the mainproblems of developing countries is inadequacyin funds and technology. For this reason, the share of foreign investinents directly statnds out for these countries to achieve ecanomic growth. In edditiom the high costs oe mveytments in energy resources that are clean, reliable, and environmentally friendly make it compulsory for developing countries to attract foreign investments towards these energy resources direct to their countries. For this purpose, in the conducted study, data from the period 2004-2015 of selected 25 developing countries were exammed using the Fixed Effectn and Generalized Moments Method (GMM) to determine the imjnact of renewable energy and foreign direct investments on economic growth. Accordmg to the analysis findings, it has been coneluded that renewable energy and foreign direct investments in developing countries affect economic growth posivity and significantly. [ABSTRACT FROM AUTHOR]
- Published
- 2023