چكيده به لاتين
Abstract:
This thesis investigates the effects of oil price fluctuations on the wind power production capacity in the developing countries in comparison with the developed countries. Also, since the learning rates and economic of scale are characteristics of lowering the cost of technology, the behavior of these parameters are examined in the form of an econometric model using the "data panel" and "VAR" modeling.
The function of the wind power generation capacity is estimated in the Eviews software using the data collected during the years 2003 to 2015 from 20 developing countries which are either oil importer and/or oil exporter. According to the panel model, the economic of scale and the learning rates have a significant impact on wind power generation capacity in the developing countries.
The results of the impact of oil price shock on the development of wind technologies suggest that short-term rising of the oil prices have a positive effect on the demand for renewable energy in the developing countries, but in the long-term, the oscillatory pattern of the wind power production behavior relative to the fossil fuels power production, can be seen. The fluctuations of this model in the developed countries are much lower.
Keywords: oil prices, learning rate, scale savings, renewable energy, wind energy, developing countries
