The Relationship between Inclusive Growth and Carbon Emission: The Case of Türkiye

Year 2024, Volume: 15 Issue: 44, 1229 - 1248, 30.11.2024

Bağdat Sıla Avcı

https://doi.org/10.21076/vizyoner.1478024

Abstract

The aim of the study is to analyze the relationship between inclusive growth and carbon emissions in Türkiye for 1991-2021 period. In order to measure inclusive growth, an inclusive growth index is created, and this index is used as an indicator of inclusive growth. In the study, Toda-Yamamoto causality test is applied to determine the causality relationship between the series, Gregory-Hansen cointegration test is applied to determine the cointegration relationship, and FMOLS, DOLS and CCR methods are used to estimate the long-run coefficients. According to the results of the Toda-Yamamoto causality test, a causality relationship is found from carbon emissions to inclusive growth, but there is no causality relationship from inclusive growth to carbon emissions. According to the results of the Gregory-Hansen cointegration test, it is found that there is a cointegration relationship between the series and there is a positive relationship between inclusive growth and carbon emissions in the long run. According to FMOLS, DOLS and CCR test results, a 1% increase in carbon emissions increases inclusive growth by 0.17% on average, while a 1% increase in inclusive growth increases carbon emissions by 4.38% on average.

Keywords

Inclusive Growth, Carbon Emission, Inclusive Growth Index

Kapsayıcı Büyüme Karbon Emisyonu İlişkisi: Türkiye Örneği

Abstract

Bu çalışmanın amacı, 1991-2021 döneminde, Türkiye’de kapsayıcı büyüme ile karbon emisyonu arasındaki ilişkiyi analiz etmektir. Kapsayıcı büyümeyi ölçmek için kapsayıcı büyüme endeksi oluşturulmuş ve oluşturulan bu endeks kapsayıcı büyüme göstergesi olarak kullanılmıştır. Çalışmada, seriler arasındaki nedensellik ilişkisinin tespiti için Toda-Yamamoto nedensellik testi, eşbütünleşme ilişkisinin tespiti için Gregory-Hansen eşbütünleşme testi uygulanmış, uzun dönem katsayılarının tahmini için FMOLS, DOLS ve CCR yöntemleri kullanılmıştır. Toda-Yamamoto nedensellik testi sonuçlarına göre, karbon emisyonundan kapsayıcı büyümeye doğru bir nedensellik ilişkisi tespit edilmiş ancak kapsayıcı büyümeden karbon emisyonuna doğru bir nedensellik ilişkisi olmadığı görülmüştür. Gregory-Hansen eşbütünleşme testi sonucuna göre, değişkenler arasında eşbütünleşme ilişkisi olduğu tespit edilmiş, uzun dönemde kapsayıcı büyüme ile karbon emisyonu arasında pozitif bir ilişki olduğu sonucuna ulaşılmıştır. FMOLS, DOLS ve CCR test sonuçlarına göre, karbon emisyonunda meydana gelen %1’lik bir artış kapsayıcı büyümeyi ortalama olarak %0,17 artırırken, kapsayıcı büyümede meydana gelen %1’lik bir artış karbon emisyonunu ortalama olarak %4,38 artırmaktadır.

Keywords

Kapsayıcı Büyüme, Karbon Emisyonu, Kapsayıcı Büyüme Endeksi

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