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THE ENVIRONMENT IN ECONOMIC GROWTH MODELS: AN APPLICATION BASED ON ECOLOGICAL FOOTPRINT

Year 2017, Volume: 35 Issue: 4, 115 - 147, 29.12.2017
https://doi.org/10.17065/huniibf.372407

Abstract

This
study focuses on how environment is analysed in economic growth models and what
results are obtained together with other production factors. Within this
framework, ecological footprint as an indicator of environment is used. Later,
the relationship between GDP and ecological footprint in developed and
developing countries is econometrically analysed by using panel data
techniques. Results show that the effect of environment on GDP is greater in
developing countries than in developed ones, meaning that environment
protection will be more costly in developing countries.

References

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EKONOMİK BÜYÜME MODELLERİNDE ÇEVRE: EKOLOJİK AYAK İZİNİ ESAS ALAN BİR UYGULAMA

Year 2017, Volume: 35 Issue: 4, 115 - 147, 29.12.2017
https://doi.org/10.17065/huniibf.372407

Abstract

Bu çalışmada çevrenin ekonomik
büyüme modellerinde nasıl ele alındığı ve üretim fonksiyonu yaklaşımı
çerçevesinde diğer üretim faktörleriyle birlikte nasıl sonuçlar verdiği
araştırılmıştır. Ampirik uygulama kısmında üretim fonksiyonu yaklaşımı
çerçevesinde ekolojik ayak izi değişkeni ile ekonomik büyüme arasındaki ilişki
gelişmiş ve gelişmekte olan ülkeler için panel veri yöntemleriyle analiz
edilmiştir. Elde edilen sonuçlar gelişmekte olan ülkelerde çevre faktörünün
hasıla üzerindeki etkisinin daha büyük olduğunu ve dolayısıyla çevreyi korumaya
yönelik politikaların bu ülkelerde daha maliyetli olacağını göstermiştir.

References

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  • Apergis, N.,D. C. Danuletio (2014), “Renewable Energy and Economic Growth: Evidence From The Sign of Panel Long Run Causality”, International Journal of Energy Economics and Policy, 4(4), 578-587.
  • Apergis, N., J.E. Payne (2011), “Renewable Energy Consumption-Growth Nexus in Central America”, Applied Energy, 88,343–347.
  • Asafu-Adjaye, J. (2000), Environmental Economics for Non-Economists. Second Edition, .Singapore: World Scientific Publishing Co. Pte. Ltd.
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  • Baltagi, B.H., C. Kao (2000), “Nonstationary Panels, Cointegration in Panels and Dynamic Panels: A Survey”, Advances in Econometrics, 15, 7-51.
  • Baltagi, Badi H. (2014), Econometric Analysis of Panel Data, Fifth Edition, Wiley Publishes.
  • Barbier, E.B. (1999), “Endogenous Growth and Natural Resource Scarcity”, Environmental and Resource Economics, 14, 51-74.
  • Bartelmus, P. (2008), Quantitative Eco-nomics: How Sustainable Are Our Economies?, Springer.
  • Becker, R.A. (1982), “Intergenerational Equity: The Capital-Environment Trade-Off”, Journal of Environmental Economics and Management, 9, 165-185.
  • Bi Zambe, N. (2014), “Natural Resources And Economic Growth in Cote D’ivoire”, Journal of Empirical Economics, 3(4), 212-220.
  • Bildirici, M.E. (2014), “Relationship Between Biomass Energy And Economic Growth in Transition Countries: Panel ARDL Aproach”, Bioenergy, 6, 717-726.
  • Bildirici, M.E., T. Bakirtas (2014), The Relationship Among oil, Natural Gas and Coal Consumption and Economic Growth in BRICTS (Brazil, Russian, India, China, Turkey and South Africa) Countries. Energy, 65, 134–144.
  • Bilgili, F., I. Ozturk (2015), “Biomass Energy and Economic Growth Nexus in G7 Countries: Evidence From Dynamic Panel Data”, Renewable and Sustainable Energy Reviews, 49, 132-138.
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  • Borucke, M., D. Moore, G. Cranston, K. Gracey, K. Iha1, J. Larson, E. Lazarus, J. C. Morales, M. Wackernagel, A. Galli. (2011), ”Accounting for Demand and Supply of the Biosphere’s Regenerative Capacity: The National Footprint Accounts’ Underlying Methodolgy and Framework”, Ecological Indicators, 24, 518-533.
  • Bovenberg, A., S. Smulders (1995), “Environmental Quality And Pollution — Augmenting Technological Change In a Two-Sector Endogenous Growth Model”, Journal of Public Economics, 57(3), 369–391.
  • Breitung, J., M.H. Pesaran (2004), “Unitroot and Cointegration in Panels”, Discussion Paper Series 1: Economic Studies, No. 42/2005.
  • Breitung, J. (2005), “A Parametric Approach to The Estimation of Cointegration Vectors in Panel Data”, Econometric Reviews, 24(2), 151-173.
  • Breitung, J., M.H. Pesaran (2008), “Unitroot and Cointegration in Panels”, CESifo Working Paper, No. 1565.
  • Breusch, T.S., A.R. Pagan (1980), “The Lagrange Multiplier Testand its Applications to Model Specification Tests in Econometrics”, Review of Economic Studies 47, 239–53.
  • Brock, W.A., M.S. Taylor (2010), “The Green Solow Model”, Journal of Economic Growth, 15(2), 127-153.
  • Burnnschweiler, C. N. (2007), “Cursing The Blessing? Natural Resources Abundance, Institutions and Economic Growth”, World Development, 36(3), 399-419.
  • Cavalcanti, T.V., K. Mohaddes, M. Raissi (2011), “Growth, Development and Natural Resources: New Evidence Using A Heterogenous Panel Analysis”, The Quarterly Review of Economics And Finance, 51, 305-318.
  • Chambers, D., J.T. Guo (2009), “Natural Resources and Economic Growth: Some Theory and Evidence”, Annals of Economics and Finance, 10(2), 367-389.
  • Choi, I. (2001), “Unit Root Tests for Panel Data”, Journal of International Money and Finance, 20, 249-272.
  • Copeland, B.R. ,M.S. Taylor (1994), “Northsouth Trade and the Global Environment”, Quarterly Journal of Economics, 109, 755-787.
  • D’Arge, R.C., K.C. Kogiku (1973), “Economic Growth and the Environment”, Review of Economic Studies, 61-77.
  • Dasgupta, P.S., G.M. Heal (1974), “The Optimal Depletion of Exhaustible Resources”, Review of Economic Studies, Symposium on the Economics of Exhaustible Resources, 3-28.
  • Diamond, P. (1965), “National Debt in a Neoclassical Growth Model”, American Economic Review, 55(5), 1126–1150.
  • Eberhardt, M., F. Teal (2008), “Modeling Technology And Technological Change in Manufacturing: How To Countries Differ”, Oxford CSAE WPS/2008-12.
  • EEA 2010, The European Environment State and Outlook 2010. Consumption and Environment European Environment Agency. http://www.ab.gov.tr/files/ ardb/evt/1_avrupa_birligi/1_6_raporlar/1_3_diger/environment/eea__2010_the_european_environment_synthesis.pdf (04.04.2015).
  • Enders, W. (2009), Applied econometric Time Series, Third Edition, Wiley.
  • Ewing B., D. Moore, S. Goldfinger, A. Oursler, A. Reed, and M. Wackernagel. (2010), The Ecological Footprint Atlas 2010. Oakland: Global Footprint Network.
  • Feng, C., H. Wang, N. Lu, X.M. Tu (2013), Log Transformation: Application and Interpretation in Biomedical Research. Statistics in Medicine, 32(2), 230–239. https://doi.org/10.1002/sim.5486
  • Fisher, R.A. (1932), Statistical Methods for Research Workers. Oliver & Boyd, Edinburgh, 4th Edition.
  • Forster, B.A. (1973), “Optimal Capital Accumulation in a Polluted Environment”, Rev. Economic. Stud. 39, 544-547.
  • Geldrop, J., C. Withagen (2000) “Natural Capital and Sustainability”, Ecological Economics, 32(2000), 445-455.
  • GGBP (2014), Green Growth in Practice: Lessons From Country Experiences. http://www.ggbp.org/sites/all/themes/ggbp/uploads/Green-Growth-in-Practice-062014-Full.pdf. Erişim Tarihi: 06.08.2015. Gradus, R., S. Smulders (1993), “Thge Trade of Between Environmental Care And Long Term Growth-Pollution in Three Prototype Growth Models”, Journal of Economics, 58(1), 25-51.
  • Granger, C.W.J., P. Newbold (1974), “Superious Regressions in Econometrics”, Journal of Econometrics, 2, 111-120. Grimaud A., L. Rouge (2005), “Polluting Non-Renewable Resources, Innovation and Growth: Wellfare and Environmental Policy”, Resources and Energy Economics, 27, 109-129.
  • Grimaud, A. (1999), “Pollution Permits and Sustainable Growth in a Schumpeterian Model”, Journal of Environmental Economics and Management, 38(3), 249–266.
  • Grimaud, A., L. Rouge (2003), “Non-Renewable Resources and Growth With Vertical Innovations: Optimum, Equilibrium and Economic Policies”, Journal of Environmental Economics and Management, 45, 433–453.
  • Grimaud, A., L. Rouge (2008), “Environment, Directed Technical Change and Economic Policy”, Environmental and Resource Economics, 41(4): 439–63.
  • Groth, C. (2007), “A New Growth Perspective on Non Renewable Resources”, Inside: Sustainable Resource Use and Economic Dynamics, eds: L. Bretschger and S. Smulders, Springer.
  • Gruver, G.W. (1976), “Optimal Investment in Pollution Control Capital in a Neoclassical Growth Context”, Journal of Environmental Economics and Management, 3, 165-177.
  • Gylfason, T., G. Zoega (2006), “Natural Resources And Economic Growth: The Role of Investment”, The World Economy, 29, 1091–115.
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There are 105 citations in total.

Details

Primary Language Turkish
Journal Section Articles
Authors

Recep Ulucak

Ekrem Erdem This is me

Publication Date December 29, 2017
Submission Date January 6, 2017
Published in Issue Year 2017 Volume: 35 Issue: 4

Cite

APA Ulucak, R., & Erdem, E. (2017). EKONOMİK BÜYÜME MODELLERİNDE ÇEVRE: EKOLOJİK AYAK İZİNİ ESAS ALAN BİR UYGULAMA. Hacettepe Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, 35(4), 115-147. https://doi.org/10.17065/huniibf.372407
AMA Ulucak R, Erdem E. EKONOMİK BÜYÜME MODELLERİNDE ÇEVRE: EKOLOJİK AYAK İZİNİ ESAS ALAN BİR UYGULAMA. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. December 2017;35(4):115-147. doi:10.17065/huniibf.372407
Chicago Ulucak, Recep, and Ekrem Erdem. “EKONOMİK BÜYÜME MODELLERİNDE ÇEVRE: EKOLOJİK AYAK İZİNİ ESAS ALAN BİR UYGULAMA”. Hacettepe Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi 35, no. 4 (December 2017): 115-47. https://doi.org/10.17065/huniibf.372407.
EndNote Ulucak R, Erdem E (December 1, 2017) EKONOMİK BÜYÜME MODELLERİNDE ÇEVRE: EKOLOJİK AYAK İZİNİ ESAS ALAN BİR UYGULAMA. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 35 4 115–147.
IEEE R. Ulucak and E. Erdem, “EKONOMİK BÜYÜME MODELLERİNDE ÇEVRE: EKOLOJİK AYAK İZİNİ ESAS ALAN BİR UYGULAMA”, Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, vol. 35, no. 4, pp. 115–147, 2017, doi: 10.17065/huniibf.372407.
ISNAD Ulucak, Recep - Erdem, Ekrem. “EKONOMİK BÜYÜME MODELLERİNDE ÇEVRE: EKOLOJİK AYAK İZİNİ ESAS ALAN BİR UYGULAMA”. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 35/4 (December 2017), 115-147. https://doi.org/10.17065/huniibf.372407.
JAMA Ulucak R, Erdem E. EKONOMİK BÜYÜME MODELLERİNDE ÇEVRE: EKOLOJİK AYAK İZİNİ ESAS ALAN BİR UYGULAMA. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2017;35:115–147.
MLA Ulucak, Recep and Ekrem Erdem. “EKONOMİK BÜYÜME MODELLERİNDE ÇEVRE: EKOLOJİK AYAK İZİNİ ESAS ALAN BİR UYGULAMA”. Hacettepe Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, vol. 35, no. 4, 2017, pp. 115-47, doi:10.17065/huniibf.372407.
Vancouver Ulucak R, Erdem E. EKONOMİK BÜYÜME MODELLERİNDE ÇEVRE: EKOLOJİK AYAK İZİNİ ESAS ALAN BİR UYGULAMA. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2017;35(4):115-47.

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