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Journals / Sosyoekonomi / 2021 / Cilt: 29 - Sayı: 49

Demand Sided Factors Influencing Energy Efficiency in Emerging Economies

Yükselen Ekonomilerde Enerji Etkinliğini Talep Yanlı Etkileyen Faktörler

Mustafa NAIMOGLU
Mustafa AKAL
Pages
455–481
Publication Date
2021-07-30
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Findings indicate that industrial production, services, foreign direct investment, fixed capital investment, foreign openness ratio, increases in exports and imports have a positive effect on energy efficiency.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Emerging Economies’ most important energy source is either renewable energy or efficient and effective energy use.
📊
Key Findings & Data:In this study, demand-side factors that explain energy efficiency in 23 Emerging Economies were investigated between 1990 and 2018.
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Conclusion & Impact:Findings indicate that industrial production, services, foreign direct investment, fixed capital investment, foreign openness ratio, increases in exports and imports have a positive effect on energy efficiency.
🔬Design:Modeling & Simulation
📍Scope:2018 Verileri
⚙️Variables:Yükselen Ekonomiler · Enerji Etkinliği · Talep Yanlı Modeller

Abstract

Emerging Economies’ most important energy source is either renewable energy or efficient and effective energy use. In this study, demand-side factors that explain energy efficiency in 23 Emerging Economies were investigated between 1990 and 2018. Common Correlated Effects Mean Group (CCEMG) and Extended Mean Group (AMG) panel estimators were used for model estimation. Findings indicate that industrial production, services, foreign direct investment, fixed capital investment, foreign openness ratio, increases in exports and imports have a positive effect on energy efficiency. In contrast, population, carbon dioxide emission, and increases in oil and coal prices negatively affect energy efficiency. It has been found that competitive production and a rise in foreign trade increases energy efficiency in Emerging Economies.

Özet

Yükselen Ekonomiler için en önemli enerji kaynağı ya yenilenebilir enerji ya da enerjinin tasarruflu, verimli ve etkin kullanılmasıdır. Bu çalışma da 23 Yükselen Ekonomi için 1990-2018 döneminde enerji etkinliğini açıklayıcı talep yanlı faktörler araştırılmıştır. Model tahmini için Ortak İlişkili Etkiler Ortalama Grup (CCEMG) ile Genişletilmiş Ortalama Grup (AMG) panel tahmincileri kullanılmıştır. Bulgular genel olarak endüstriyel ve hizmetler üretimi, ithalat, doğrudan yabancı sermaye yatırımı, sabit sermaye yatırımı, dış açıklık oranı, ihracat ve ithalat artışları enerji etkinliğini olumlu etkilerken nüfus, karbondioksit emisyonu, petrol ve kömür fiyat artışları ise olumsuz etkilemektedir. Yükselen Ekonomiler ‘de rekabetçi üretim ve dış ticaret artışlarının enerji etkinliğini artırdığı bulunmuştur.

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Cite This Article

NAIMOGLU, M., AKAL, M. (2021). Demand Sided Factors Influencing Energy Efficiency in Emerging Economies. Sosyoekonomi, Cilt: 29 - Sayı: 49, 455–481. https://ajindex.com/articles/400459

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