The Connection between Energy Consumption, Carbon Emission and Economic Growth: Evidence from Panel Causality Testing

Abstract

Growth-oriented economic policies in developing economies cause some environmental problems. Energy consumption is increasing day by day, and this increase brings with it an increase in CO2 emissions. This situation is in the BRICS-T countries, which have recently seen a severe upward trend in growth rates. In this study, the relationship between energy consumption, CO2 emissions and economic growth in BRICS-T countries was investigated by panel analysis. As a result of the survey covering the years 1990-2018, it was determined that there is a bidirectional causality relationship between GDP per capita and CO2 emissions and a one-way causality relationship from GDP per capita to energy consumption per capita.

Keywords

• Energy Consumption
• CO2 Emission
• GDP
• BRICS-T

Enerji tüketimi, karbon emisyonu ve ekonomik büyüme ilişkisi: Panel nedensellik testinden kanıtlar

Abstract

Gelişen ekonomik yapılarda büyüme odaklı yürütülen ekonomik politikalar birtakım çevresel sorunların yaşanmasına yol açmaktadır. Enerji tüketimi gün geçtikçe artmakta, bu artış beraberinde CO2 emisyonu artışını getirmektedir. Son dönemde büyüme oranlarında ciddi bir yükseliş eğiliminde olan BRICS-T ülkelerinde bu durum daha belirgin bir şekilde kendini göstermektedir. Bu çalışmada BRICS-T ülkelerinde enerji tüketimi, CO2 emisyonu ve ekonomik büyüme arasındaki ilişki panel analiziyle araştırılmıştır. 1990-2018 yıllarını kapsayan çalışmada yapılan analiz sonucunda kişi başına GSYH ile CO2 emisyonu arasında çift yönlü, kişi başına GSYH’dan kişi başı enerji tüketimine tek yönlü nedensellik ilişkisinin bulunduğu belirlenmiştir.

Keywords

• Enerji Tüketimi
• CO2 Emisyonu
• GSYH
• BRICS-T

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