Economic Development in Türkiye, The Effects of Financial Development on Environmental Sustainability: The Role of Load Capacity Factor

Abstract

This research examined the long and short-term effects of economic growth and financial development on environmental sustainability for the Turkish economy in the period between 1982 and 2022. In this context, he analyzed the effects of social and demographic variables. In the study, the effects of economic growth, financial development, and socio-demographic variables on the load capacity factor (LCF) were estimated using the distributed autoregressive (ARDL) bounds test approach. Our results revealed that economic development for Türkiye is an important determinant of environmental sustainability in both the long and short term. Especially in the long run, economic development promotes environmental sustainability. In this respect, encouraging financial policies supporting economic and environmental sustainability will contribute both to environmental sustainability and to Turkey's sustainable development efforts.

Keywords

• : Economic Growth
• Environmental Sustainability
• LCF
• Turkey Economy
• ARDL Bound Test.

Türkiye’de Ekonomik Kalkınma, Finansal Gelişimin Çevresel Sürdürülebilirlik Üzerindeki Etkileri: Yük Kapasite Faktörü Rolü

Abstract

Bu araştırmanın amacı Türkiye ekonomisi için 1982-2022 arasındaki dönemde ekonomik büyüme ve finansal gelişmenin çevresel sürdürülebilirlik üzerindeki uzun ve kısa dönemli etkilerini incelemektir. Bu çerçevede sosyal ve demografik değişkenlerin etkileri analiz edilmiştir. Araştırmada ekonomik büyüme, finansal gelişme, sosyo-demografik değişkenlerin yük kapasite faktörü (LCF) üzerindeki etkileri gecikmesi dağıtılmış otoregresif (ARDL) sınır testi yaklaşımı kullanılarak tahmin edilmiştir. Sonuçlarımız Türkiye için ekonomik kalkınmanın hem uzun hem de kısa dönemde çevresel sürdürülebilirliğin önemli bir belirleyicisi olduğunu ortaya koymuştur. Özellikle uzun dönemde ekonomik kalkınma çevresel sürdürülebilirliği teşvik etmektedir. Bu bakımdan ekonomik ve çevresel sürdürülebilirliği destekleyecek finansal politikaların özendirilmesi hem çevresel sürdürülebilirliğe hem de Türkiye’nin sürdürülebilir kalkınma çabalarına katkı sağlayacaktır.

Keywords

• Ekonomik Büyüme
• Çevresel Sürdürülebilirlik
• LCF
• Türkiye Ekonomisi
• ARDL Sınır Testi.

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