The purpose of this paper is to investigate the long run relationship between renewable energy generation and economic growth in Turkey for 2013: q2-2020: q2 periods through Ordinary Least Square (OLS) and Dynamic Ordinary Least Square (DOLS) method. To do this, we firstly analyzed effect of the percentage of total renewable energy in total energy on economic growth. Then, we tested the contribution of each renewable energy resources on economic growth as wind, solar, hydro, geothermal and biomass. The findings from OLS and DOLS show that total renewable energy generation has a positive impact on economic growth. Additionally, energy generation from geothermal and biomass have the highest impact on economic growth according to DOLS and OLS results.
Key words: Renewable Energy, Dynamic Ordinary Least Square (DOLS), Economic Growth, Turkey, Energy Generation. JEL Codes: Q42, Q43. Article Language: EnglishTurkish
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