The Effects of Using Bioenergy: Is It All Good?

İpek, Ezgi
Koçlu, Fırat
This paper will examine the economic, social, and environmental effects of bioenergy using the Ordinary Least Square Method (OLS) and the Fully-Modified Ordinary Least Square Method (FM-OLS) in Brazil, Austria, and Turkey, for 2001-2016. We formed two different equations; the first one aims to see how bioenergy usage, deforestation, and GDP growth rate affect CO2 emission, affecting both the environment and society. We use the second equation for investigating the economic effects of bioenergy, together with the other energy resources. We expect highly significant relationships between the variables; however, the outcome is not relevant to our expectations. Although some of the variables are significant and effective, there is no absolute relationship between the variables. The outcome depends on the different dynamics of the countries, and the Model is open to the outside factors.


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Citation Formats
E. İpek and F. Koçlu, “The Effects of Using Bioenergy: Is It All Good?,” no. STPS-WP-21/02, 2021, Accessed: 00, 2021. [Online]. Available: