The Effect of Oil Price Fluctuations on Wind Power Capacity in Developing Countries, Based on Technological Learning and Economies of Scale

The paper investigates the effects of oil price fluctuations on the installed capacity of wind energy in developing countries in comparison with the impact of economies of scale and technical learning. To this end, we used rolling regression analysis and data from 2003 to 2015 to calculate annual te...

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Main Authors: saeed shavalpour, Elahe Kaviani
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2018-03-01
Series:Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān
Subjects:
Online Access:https://jiee.atu.ac.ir/article_9098_e9ff17f7805b72869a71ce2fb81bbeac.pdf
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author saeed shavalpour
Elahe Kaviani
author_facet saeed shavalpour
Elahe Kaviani
author_sort saeed shavalpour
collection DOAJ
description The paper investigates the effects of oil price fluctuations on the installed capacity of wind energy in developing countries in comparison with the impact of economies of scale and technical learning. To this end, we used rolling regression analysis and data from 2003 to 2015 to calculate annual technical learning rates. Using the panel data regression and autoregressive model based on panel data we analyzed the effect of oil price fluctuations on wind energy installed capacity as the most advanced renewable energy in developing countries. The results show that oil price changes in the long run have a positive but limited impact on the development of renewable energy in developing countries. Oil price shocks, although in the short term and driven by the incentive of developing countries to transfer higher-tech technologies to renewable energy can not in the long term alone, guarantee the development of renewable energy in these countries
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spelling doaj.art-64bc59a7adfb46c99047f25c3727f6f52024-01-02T10:48:26ZfasAllameh Tabataba'i University PressPizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān2423-59542476-64372018-03-01726255010.22054/jiee.2018.90989098The Effect of Oil Price Fluctuations on Wind Power Capacity in Developing Countries, Based on Technological Learning and Economies of Scalesaeed shavalpour0Elahe Kaviani1Iran University of Science & TechnologyIran University of Science & TechnologyThe paper investigates the effects of oil price fluctuations on the installed capacity of wind energy in developing countries in comparison with the impact of economies of scale and technical learning. To this end, we used rolling regression analysis and data from 2003 to 2015 to calculate annual technical learning rates. Using the panel data regression and autoregressive model based on panel data we analyzed the effect of oil price fluctuations on wind energy installed capacity as the most advanced renewable energy in developing countries. The results show that oil price changes in the long run have a positive but limited impact on the development of renewable energy in developing countries. Oil price shocks, although in the short term and driven by the incentive of developing countries to transfer higher-tech technologies to renewable energy can not in the long term alone, guarantee the development of renewable energy in these countrieshttps://jiee.atu.ac.ir/article_9098_e9ff17f7805b72869a71ce2fb81bbeac.pdfrenewable energytechnological learningeconomies of scaleoil price shock
spellingShingle saeed shavalpour
Elahe Kaviani
The Effect of Oil Price Fluctuations on Wind Power Capacity in Developing Countries, Based on Technological Learning and Economies of Scale
Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān
renewable energy
technological learning
economies of scale
oil price shock
title The Effect of Oil Price Fluctuations on Wind Power Capacity in Developing Countries, Based on Technological Learning and Economies of Scale
title_full The Effect of Oil Price Fluctuations on Wind Power Capacity in Developing Countries, Based on Technological Learning and Economies of Scale
title_fullStr The Effect of Oil Price Fluctuations on Wind Power Capacity in Developing Countries, Based on Technological Learning and Economies of Scale
title_full_unstemmed The Effect of Oil Price Fluctuations on Wind Power Capacity in Developing Countries, Based on Technological Learning and Economies of Scale
title_short The Effect of Oil Price Fluctuations on Wind Power Capacity in Developing Countries, Based on Technological Learning and Economies of Scale
title_sort effect of oil price fluctuations on wind power capacity in developing countries based on technological learning and economies of scale
topic renewable energy
technological learning
economies of scale
oil price shock
url https://jiee.atu.ac.ir/article_9098_e9ff17f7805b72869a71ce2fb81bbeac.pdf
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AT saeedshavalpour effectofoilpricefluctuationsonwindpowercapacityindevelopingcountriesbasedontechnologicallearningandeconomiesofscale
AT elahekaviani effectofoilpricefluctuationsonwindpowercapacityindevelopingcountriesbasedontechnologicallearningandeconomiesofscale