International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Renewable Energy Supply and Energy Import in Emerging Market Economies
Gülçin Tapsin

This study analyzed the effect of the increase in GDP, the energy produced from oil, gas and coal sources, the increase in primary energy supply, the renewable energy supply and the energy density level on energy imports in the emerging market economies by using panel data method. The series are annual and cover the period 1990-2014. According to Driscoll-Kraay Standard Error Test results, the relationship between the energy produced from oil, gas and coal resources, renewable energy supply and energy imports is significant. A 1% increase in the Energy Produced from Oil, Gas and Coal Resources creates a 0.63% increase in Energy Imports. A 1% increase in Renewable Energy Supply leads to a 0.60% decrease in Energy Imports. The variables of GDP, Primary Energy Supply and Energy Intensity Level are not statistically significant in the model.

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