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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Format: | Article |
Language: | fas |
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Allameh Tabataba'i University Press
2018-03-01
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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 |
first_indexed | 2024-03-08T17:43:48Z |
format | Article |
id | doaj.art-64bc59a7adfb46c99047f25c3727f6f5 |
institution | Directory Open Access Journal |
issn | 2423-5954 2476-6437 |
language | fas |
last_indexed | 2024-03-08T17:43:48Z |
publishDate | 2018-03-01 |
publisher | Allameh Tabataba'i University Press |
record_format | Article |
series | Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān |
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 |
work_keys_str_mv | AT saeedshavalpour theeffectofoilpricefluctuationsonwindpowercapacityindevelopingcountriesbasedontechnologicallearningandeconomiesofscale AT elahekaviani theeffectofoilpricefluctuationsonwindpowercapacityindevelopingcountriesbasedontechnologicallearningandeconomiesofscale AT saeedshavalpour effectofoilpricefluctuationsonwindpowercapacityindevelopingcountriesbasedontechnologicallearningandeconomiesofscale AT elahekaviani effectofoilpricefluctuationsonwindpowercapacityindevelopingcountriesbasedontechnologicallearningandeconomiesofscale |