Analysing the effects of cross-border electricity trade on power production from different energy sources

buir.advisorBerument, M. Hakan
dc.contributor.authorBoz, Deniz Ege
dc.date.accessioned2020-05-23T10:56:21Z
dc.date.available2020-05-23T10:56:21Z
dc.date.copyright2020-04
dc.date.issued2020-04
dc.date.submitted2020-05-15
dc.departmentDepartment of Economicsen_US
dc.descriptionThesis (M.S.): Bilkent University, Department of Economics and Social Sciences, İhsan Doğramacı Bilkent University, 2020.en_US
dc.descriptionIncludes bibliographical references (leaves 44-46).en_US
dc.descriptionThesis (M.S.): Bilkent University, Department of Economics and Social Sciences, İhsan Doğramacı Bilkent University, 2020.en_US
dc.description.abstractThis thesis provides empirical evidence to emphasize the crucial role of cross-border electricity trade for decreasing the use of fossil fuels in power industries and attaining higher electricity supply from solar and wind energy sources. We collected data for 48 countries across three continents (the Americas, Europe and Asia) from 1991 to 2018 to create a world sample that would reflect the diversity of various energy mixes in different electricity markets. We showed the existence of long-term relationships between power production from natural gas, solar, wind and the level of cross-border electricity trade through panel unit root and panel cointegration tests. Later on, we conducted panel data analyses that utilize the fixed-effect approach with interactive variables. The empirical evidence reveals that when electricity production from solar and wind energy sources interacts with cross border electricity trade, power production from natural gas decreases statistically significantly. Furthermore, we created efficiency indices for solar and wind energy sources and provide evidence for the increased utilization of solar and wind electricity production in the presence of cross-border electricity trade.en_US
dc.description.degreeM.A.en_US
dc.description.statementofresponsibilityby Deniz Ege Bozen_US
dc.format.extentvii, 46 leaves ; 30 cm.en_US
dc.identifier.itemidB160272
dc.identifier.urihttp://hdl.handle.net/11693/53641
dc.language.isoEnglishen_US
dc.publisherBilkent Universityen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectElectricity marketsen_US
dc.subjectElectricity tradeen_US
dc.subjectPanel data analysisen_US
dc.subjectRenewable and non-renewable sourcesen_US
dc.titleAnalysing the effects of cross-border electricity trade on power production from different energy sourcesen_US
dc.title.alternativeUluslarasi elektrik ticaretinin farkli enerji kaynaklarindan elektrik üretimine etkilerinin analizien_US
dc.typeThesisen_US
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