The study examined the relationships between
renewable energy use, geopolitical risk, and industrial productivity in Türkiye using monthly data from
January 2001 to September 2021. The results of
Quantile-on-Quantile Regression (QQR) and
Granger Causality-Quantile Tests indicate that the relationship between these variables is asymmetric and non-linear.
🔎
Key findings of the study:
-
The impact of renewable energy on industrial productivity varies across different productivity levels.
-
Geopolitical risk has a negative impact at low and moderate levels, while contributing positively at certain intervals. However, under extreme risk conditions, it strongly negatively impacts industrial productivity.
-
There is a bidirectional causal relationship between renewable energy, geopolitical risk, and industrial productivity.
📌 The study emphasizes that Türkiye's
clean energy transition and
geopolitical stability are critical to the
resilience of its industrial sector and
sustainable development goals.
