Nexus between willingness to pay for renewable energy sources: Evidence from Turkey

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dc.contributor.authorMuhammad, Iftikhar
dc.contributor.authorShabbir, Malik Shahzad
dc.contributor.authorSaleem, Sharjeel
dc.contributor.authorBilal, Kanwal
dc.contributor.authorUlucak, Recep
dc.date.accessioned2020-09-28T14:18:51Z
dc.date.available2020-09-28T14:18:51Z
dc.date.issued2020
dc.departmentİHÜ, Lisansüstü Eğitim Enstitüsü, İktisat Ana Bilim Dalı
dc.description.abstractThe willingness to pay (WTP) plays a central role in directing appropriate policy regarding ambitious renewable energy targets. Based on this discrepancy, this study intends to investigate the willingness to pay (WTP) for Turkish citizens regarding green electricity by using a one-way analysis of variance (one-way ANOVA). The interviews were conducted comprising 2500 households in 12 major metropolitan cities of Turkey, which is based on the contingent valuation method and consists of 26 questions. The results indicate that for a 20% share of renewable energy, middle-income groups are willing to pay higher than lower and upper-income groups. Moreover, highly environmentally conscious people tend to pay more for a 20% share of green energy. On the other hand, high-income groups and old age groups indicated a positive and high willingness to pay for a 30% share of renewable energy (RE) sources. In addition, primary school and undergraduate educational groups recorded highly significant results for willingness to pay. The results also indicate that Turkish citizens are willing to pay 9.25 Turkish liras (TL) per month for a 20% share and 4.77 Turkish liras per month for a 30% share of renewable energy in total energy production.
dc.identifier.citationMuhammad, I., Shabbir, M.S., Saleem, S., Bilal, K. ve Ulucak, R. (2020). Nexus between willingness to pay for renewable energy sources: Evidence from Turkey. Environmental Science and Pollution Research 27(29), 36242–36253.
dc.identifier.doi10.1007/s11356-020-10414-x
dc.identifier.endpage36253
dc.identifier.issn1614-7499
dc.identifier.issn0944-1344
dc.identifier.issue29
dc.identifier.pmid32897475
dc.identifier.scopus2-s2.0-85090478201
dc.identifier.scopusqualityQ1
dc.identifier.startpage36242
dc.identifier.urihttps://doi.org/10.1007/s11356-020-10414-x
dc.identifier.urihttps://hdl.handle.net/20.500.12154/1242
dc.identifier.volume27
dc.identifier.wosWOS:000568119700004
dc.identifier.wosqualityQ1
dc.indekslendigikaynakPubMed
dc.indekslendigikaynakScopus
dc.indekslendigikaynakWeb of Science
dc.institutionauthorMuhammad, Iftikhar
dc.language.isoen
dc.publisherSpringer
dc.relation.ihupublicationcategory114
dc.relation.ispartofEnvironmental Science and Pollution Research
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Öğrenci
dc.relation.publicationcategoryÖğrenci
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectRenewable Energy
dc.subjectWillingness to Pay
dc.subjectCV Method
dc.subjectOne-way ANOVA
dc.subjectTurkey
dc.titleNexus between willingness to pay for renewable energy sources: Evidence from Turkey
dc.typeArticle
dspace.entity.typePublication

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