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Türkiye'de Elektrik Tüketimi ve Ekonomik Büyüme Arasındaki İlişkinin Bölgesel Analizi

Year 2025, Volume: 10 Issue: 1, 429 - 443, 28.03.2025
https://doi.org/10.30784/epfad.1622810

Abstract

Elektrik tüketimi ülkelerin gelişmişlik düzeyini ölçmede önemli bir gösterge olarak kabul edilmektedir. Ekonomik büyüme, kentleşme, beşerî sermaye gibi pek çok unsur elektrik tüketimi ile ilişkilidir. Literatürde elektrik tüketimi ve ekonomik büyüme arasındaki ilişki saklama hipotezi, enerji odaklı büyüme hipotezi, geri bildirim hipotezi, tarafsızlık hipotezi ve koruma hipotezi olmak üzere beş farklı hipotez ile açıklanmaktadır. Bu çalışma Türkiye’de bölgesel bazda elektrik tüketimi ve ekonomik büyüme arasındaki nedensellik ilişkisini test etmektedir. Bu amaçla, 81 il için 2008-2021 dönemini kapsayan yıllık veriler kullanılarak Juodis, Karavias ve Sarafidis'in (2021) tarafından geliştirilen Granger nedensellik analizi uygulanmaktadır. Bu yöntem hem tek değişkenli hem de çok değişkenli nedensellik analizlerine olanak tanımaktadır. Elde edilen bulgulara göre Türkiye’deki iller için elektrik tüketiminden ekonomik büyümeye doğru tek yönlü bir nedensellik ilişkisi gözlenmektedir. Bu sonuç Türkiye’de enerji odaklı büyüme hipotezinin geçerli olduğunu göstermektedir. Çalışmanın diğer bulgularına göre nüfus yoğunluğu ile ekonomik büyüme arasında tek yönlü, beşerî sermaye ile ekonomik büyüme arasında çift yönlü bir nedensellik ilişkisi olduğu gözlenmektedir.

References

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  • Fatai, K., Oxley, L. and Scrimgeour, F.G. (2004). Modelling the causal relationship between energy consumption and GDP in New Zealand, Australia, India, Indonesia, The Philippines and Thailand. Mathematics and Computers in Simulation, 64(3-4), 431-445. https://doi.org/10.1016/S0378-4754(03)00109-5
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  • Li, F., Dong, S., Li, X., Liang, Q. and Yang, W. (2011). Energy consumption-economic growth relationship and carbon dioxide emissions in China. Energy Policy, 39, 568–574. https://doi.org/10.1016/j.enpol.2010.10.025
  • Lucas Jr, R.E. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22(1), 3-42. https://doi.org/10.1016/0304-3932(88)90168-7
  • Njoh, A.J. (2003). Urbanization and development in sub-Saharan Africa. Cities, 20(3), 167-174. https://doi.org/10.1016/S0264-2751(03)00010-6
  • Ozturk, I. and Acaravci, A. (2010). The causal relationship between energy consumption and GDP in Albania, Bulgaria, Hungary and Romania: evidence from ARDL bound testing approach. Applied Energy, 87(6), 1938-1943. https://doi.org/10.1016/j.apenergy.2009.10.010
  • Öncel, A., Kırca, M. ve İnal, V. (2017). Elektrik tüketimi ve ekonomik büyüme ilişkisi: OECD ülkelerine yönelik zamanla değişen panel nedensellik analizi. Maliye Dergisi, 173, 398-420. Erişim adresi: https://ms.hmb.gov.tr/
  • Pesaran M.H. (2004). General diagnostic tests for cross section dependence in panels (Cambridge Working Papers in Economics No. 0435). Retrieved from https://cir.nii.ac.jp/crid/1370002214340987648
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  • Pesaran, M.H., Ullah, A. and Yamagata, T. (2008). A bias‐adjusted LM test of error cross‐section independence. The Econometrics Journal, 11(1), 105-127. https://doi.org/10.1111/j.1368-423X.2007.00227.x
  • Pesaran, M.H. and Yamagata, T. (2008). Testing slope homogeneity in large panels. Journal of Econometrics, 142(1), 50-93. https://doi.org/10.1016/j.jeconom.2007.05.010
  • Rahman, Z.U., Khattak, S.I., Ahmad, M. and Khan, A. (2020). A disaggregated-level analysis of the relationship among energy production, energy consumption and economic growth: Evidence from China. Energy, 194, 116836. https://doi.org/10.1016/j.energy.2019.116836
  • Recepoğlu, M., Doğanay, M.A. ve Değer, M.K. (2020). Enerji tüketimi ile ekonomik büyüme arasındaki ilişkiler: Türkiye’de iller üzerine panel veri analizleri 2004-2014. Doğuş Üniversitesi Dergisi, 21(1), 69-80. Erişim adresi: https://dergipark.org.tr/tr/pub/doujournal
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Regional Analysis of the Relationship between Electricity Consumption and Economic Growth in Türkiye

Year 2025, Volume: 10 Issue: 1, 429 - 443, 28.03.2025
https://doi.org/10.30784/epfad.1622810

Abstract

Electricity consumption is considered an important indicator for measuring the development level of countries. Various factors, such as economic growth, urbanization, and human capital, are associated with electricity consumption. In the literature, the relationship between electricity consumption and economic growth is explained through five different hypotheses: the conservation hypothesis, the energy-focused growth hypothesis, the feedback hypothesis, the neutrality hypothesis, and the preservation hypothesis. This study examines the causal relationship between electricity consumption and economic growth on a regional level in Türkiye. To do so, we apply the Granger causality analysis developed by Juodis, Karavias, and Sarafidis (2021) for 81 provinces over the 2008–2021 period. This method allows for both univariate and multivariate causality analyses. The findings indicate a unidirectional causality relationship from electricity consumption to economic growth for provinces in Türkiye. This result suggests that the energy-focused growth hypothesis is valid for Türkiye. Furthermore, the study reveals a unidirectional causality from population density to economic growth and a bidirectional causality between human capital and economic growth.

References

  • Abbasi, K., Jiao, Z., Shahbaz, M. and Khan, A. (2020). Asymmetric impact of renewable and non-renewable energy on economic growth in Pakistan: New evidence from a nonlinear analysis. Energy Exploration & Exploitation, 38(5), 1946-1967. doi:10.3934/energy.2021003
  • Abbasi, K.R., Abbas, J. and Tufail, M. (2021). Revisiting electricity consumption, price, and real GDP: A modified sectoral level analysis from Pakistan. Energy Policy, 149, 112087. https://doi.org/10.1016/j.enpol.2020.112087
  • Acaravci, A. and Ozturk, I. (2010). Electricity consumption-growth nexus: Evidence from panel data for transition countries. Energy Economics, 32(3), 604-608. https://doi.org/10.1016/j.eneco.2009.10.016
  • Ağır, H. ve Kar, M. (2010). Türkiye'de elektrik tüketimi ve ekonomik gelişmişlik düzeyi ilişkisi: Yatay kesit analizi. Sosyoekonomi, 12(12), 149-176. Erişim adresi: https://dergipark.org.tr/en/pub/sosyoekonomi/
  • Altınay, G. and Karagöl, E. (2005). Electricity consumption and economic growth: Evidence from Turkey. Energy Economics, 27, 849-486. https://doi.org/10.1016/j.eneco.2005.07.002
  • Altıntaş, H. ve Koçbulut, Ö. (2014). Türkiye’de elektrik tüketiminin dinamikleri ve ekonomik büyüme: Sınır testi ve nedensellik analizi. Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 43, 37-65. https://doi.org/10.18070/euiibfd.83502
  • Apaydın, Ş. (2024). The causal dynamics of globalization, human development and economic growth on ecological footprint: An HDI-based cross-country analysis. Politik Ekonomik Kuram, 8(4), 1298-1309. https://doi.org/10.30586/pek.1586894
  • Aslan, A., Apergis, N. and Yildirim, S. (2014). Causality between energy consumption and GDP in the US: Evidence from wavelet analysis. Frontiers in Energy, 8, 1-8. doi:10.1007/s11708-013-0290-6
  • Aydın, F.F. (2010). Enerji tüketimi ve ekonomik büyüme. Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 35, 317-340. Erişim adresi: https://dergipark.org.tr/en/pub/erciyesiibd/
  • Azam, A., Rafiq, M., Shafique, M., Zhang, H., Ateeq, M. and Yuan, J. (2021). Analyzing the relationship between economic growth and electricity consumption from renewable and non-renewable sources: Fresh evidence from newly industrialized countries. Sustainable Energy Technologies and Assessments, 44, 100991. https://doi.org/10.1016/j.seta.2021.100991
  • Barro, R.J. (1991). Economic growth in a cross section of countries. The Quarterly Journal of Economics, 106(2), 407-443. https://doi.org/10.2307/2937943
  • Borozan, D. (2013). Exploring the relationship between energy consumption and GDP: Evidence from Croatia. Energy Policy, 59, 373-381. https://doi.org/10.1016/j.enpol.2013.03.061
  • Böhm, D.C. (2008). Electricity consumption and economic growth ın the European Union: a causality study using panel unit root and cointegration analysis. Paper presented at the 5th International Conference on the European Electricity Market, Lisboa, Portugal. Retrieved from https://ieeexplore.ieee.org/document/4579055/
  • Breusch T. and Pagan A. (1980). The Lagrange multiplier test and its application to model specification in econometrics. Review of Economic Studies ,47, 239–253. https://doi.org/10.2307/2297111
  • Burney, N.A. (1995). Socioeconomic development and electricity consumption A cross-country analysis using the random coefficient method. Energy Economics, 17(3), 185-195. https://doi.org/10.1016/0140-9883(95)00012-J
  • Chen, S.T., Kuo, H.I. and Chen, C.C. (2007). The relationship between GDP and electricity consumption in 10 Asian countries. Energy Policy, 35(4), 2611-2621. https://doi.org/10.1016/j.enpol.2006.10.001
  • Çadırcı, B.D. ve Güner, B. (2020). Türkiye’de iller bazında sektörel elektrik tüketimi ve ekonomik büyüme ilişkisi: panel ARDL sınır testi yaklaşımı. Mehmet Akif Ersoy Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, (31), 41-60. https://doi.org/10.20875/makusobed.596894
  • Espoir, D.K., Sunge, R. and Bannor, F. (2023). Economic growth, renewable and nonrenewable electricity consumption: Fresh evidence from a panel sample of African countries. Energy Nexus, 9, 100165. https://doi.org/10.1016/j.nexus.2022.100165
  • Fatai, K., Oxley, L. and Scrimgeour, F.G. (2004). Modelling the causal relationship between energy consumption and GDP in New Zealand, Australia, India, Indonesia, The Philippines and Thailand. Mathematics and Computers in Simulation, 64(3-4), 431-445. https://doi.org/10.1016/S0378-4754(03)00109-5
  • Juodis, A., Karavias, Y. and Sarafidis, V. (2021). A homogeneous approach to testing for Granger non -causality in heterogeneous panels. Empirical Economics, 60(1), 93-112. https://doi.org/10.1007/s00181-020-01970-9
  • Kapusuzoğlu, A. ve Karan, M.B. (2010). Gelismekte olan ülkelerde elektrik tüketimi ile gayri safi yurt içi hasıla (GSYİH) arasındaki es-bütünlesme ve nedensellik ilişkisinin analizi: Türkiye üzerine ampirik bir çalışma. Business and Economics Research Journal, 1(3), 57. Erişim adresi: https://www.proquest.com
  • Kraft, J. and Kraft, A. (1978). On the relationship between energy and GNP. The Journal of Energy and Development, 3(2), 401-403. Retrieved from https://www.jstor.org/
  • Lawal, A.I., Ozturk, I., Olanipekun, I.O. and Asaleye, A.J. (2020). Examining the linkages between electricity consumption and economic growth in African economies. Energy, 208, 118363. https://doi.org/10.1016/j.energy.2020.118363
  • Li, F., Dong, S., Li, X., Liang, Q. and Yang, W. (2011). Energy consumption-economic growth relationship and carbon dioxide emissions in China. Energy Policy, 39, 568–574. https://doi.org/10.1016/j.enpol.2010.10.025
  • Lucas Jr, R.E. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22(1), 3-42. https://doi.org/10.1016/0304-3932(88)90168-7
  • Njoh, A.J. (2003). Urbanization and development in sub-Saharan Africa. Cities, 20(3), 167-174. https://doi.org/10.1016/S0264-2751(03)00010-6
  • Ozturk, I. and Acaravci, A. (2010). The causal relationship between energy consumption and GDP in Albania, Bulgaria, Hungary and Romania: evidence from ARDL bound testing approach. Applied Energy, 87(6), 1938-1943. https://doi.org/10.1016/j.apenergy.2009.10.010
  • Öncel, A., Kırca, M. ve İnal, V. (2017). Elektrik tüketimi ve ekonomik büyüme ilişkisi: OECD ülkelerine yönelik zamanla değişen panel nedensellik analizi. Maliye Dergisi, 173, 398-420. Erişim adresi: https://ms.hmb.gov.tr/
  • Pesaran M.H. (2004). General diagnostic tests for cross section dependence in panels (Cambridge Working Papers in Economics No. 0435). Retrieved from https://cir.nii.ac.jp/crid/1370002214340987648
  • Pesaran, M.H., Smith, L.V. and Yamagata, T. (2013). Panel unit root tests in the presence of a multifactor error structure. Journal of Econometrics, 175(2), 94-115. https://doi.org/10.1016/j.jeconom.2013.02.001
  • Pesaran, M.H., Ullah, A. and Yamagata, T. (2008). A bias‐adjusted LM test of error cross‐section independence. The Econometrics Journal, 11(1), 105-127. https://doi.org/10.1111/j.1368-423X.2007.00227.x
  • Pesaran, M.H. and Yamagata, T. (2008). Testing slope homogeneity in large panels. Journal of Econometrics, 142(1), 50-93. https://doi.org/10.1016/j.jeconom.2007.05.010
  • Rahman, Z.U., Khattak, S.I., Ahmad, M. and Khan, A. (2020). A disaggregated-level analysis of the relationship among energy production, energy consumption and economic growth: Evidence from China. Energy, 194, 116836. https://doi.org/10.1016/j.energy.2019.116836
  • Recepoğlu, M., Doğanay, M.A. ve Değer, M.K. (2020). Enerji tüketimi ile ekonomik büyüme arasındaki ilişkiler: Türkiye’de iller üzerine panel veri analizleri 2004-2014. Doğuş Üniversitesi Dergisi, 21(1), 69-80. Erişim adresi: https://dergipark.org.tr/tr/pub/doujournal
  • Samouilidis, J.E. and Mitropoulos, C.S. (1984). Energy and economic growth in industrializing countries: The case of Greece. Energy Economics, 6(3), 191-201. https://doi.org/10.1016/0140-9883(84)90016-1
  • Savaş, B. ve Durğun, B. (2016). Elektrik tüketimi ile ekonomik büyüme arasında nedensellik ilişkisi: Türkiye örneği. Dicle Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 6(11), 213-244. Erişim adresi: https://dergipark.org.tr/tr/pub/duiibfd
  • Shuyun, Y. and Donghu, Y. (2011). The causality between energy consumption and economic growth in China: Using panel method in a multivariate framework. Energy Procedia, 5, 808-812. https://doi.org/10.1016/j.egypro.2011.03.142
  • Sinha, D. (2009). The energy consumption-GDP nexus: Panel data evidence from 88 countries (MPRA Paper No. 18446). Retrieved from https://mpra.ub.uni-muenchen.de/18446/
  • Soytas, U., Sari, R. and Ozdemir, O. (2001). Energy consumption and GDP relation in Turkey: A cointegration and vector error correction analysis. Retrieved from https://open.metu.edu.tr/handle/11511/72262
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There are 49 citations in total.

Details

Primary Language Turkish
Subjects Growth
Journal Section Makaleler
Authors

Neslihan Ursavaş 0000-0001-9922-9662

Şükrü Apaydın 0000-0003-4640-8135

Publication Date March 28, 2025
Submission Date January 18, 2025
Acceptance Date March 27, 2025
Published in Issue Year 2025 Volume: 10 Issue: 1

Cite

APA Ursavaş, N., & Apaydın, Ş. (2025). Türkiye’de Elektrik Tüketimi ve Ekonomik Büyüme Arasındaki İlişkinin Bölgesel Analizi. Ekonomi Politika Ve Finans Araştırmaları Dergisi, 10(1), 429-443. https://doi.org/10.30784/epfad.1622810