Examining The Relationship of Climate Change with Economic Globalization And FDI: Example Of NICs Countries

Öz

The phenomenal growth of international trade on a global scale has increased human activities and capital flows around the world. In this period, foreign direct fixed investments (FDI) from the developed world to developing countries have brought environmental debates with it. In this context, academic interest in the link between climate change and globalization has increased. This research examined the relationship between economic globalization and FDI and climate change in Newly Industrializing Countries (NICs) between 1990-2019 by using the test of Emirmahmutoğlu and Köse (2011). The results revealed that climate change has clear links to economic globalization and FDIs. According to the findings, while there is one-way causality from climate change to FDI to host countries, there is a mutual causality between economic globalization and climate change. When examined based on countries, it was found that the findings differed. The results of the research contain several inferences. It has been shown that climate change has an important role in investments in research countries. It has been observed that the technical development and specialization experienced in the host countries of the FDI has no relationship with climate change.

Anahtar Kelimeler

• Climate Change
• Economic Globalization
• Foreign Direct Fixed Capital Investments.

İklim Değişikliğinin Ekonomik Küreselleşme ve DYSY’ler İle Olan İlişkisinin İncelenmesi: NIC Ülkeleri Örneği

Öz

Uluslararası ticaretin küresel boyutta kaydetmiş olduğu olağanüstü büyüme, dünya genelinde insan aktivitelerini ve sermaye akımlarını arttırmıştır. Bu dönemde gelişmiş dünyadan gelişmekte olan ülkelere yapılan doğrudan yabancı sabit yatırımları (DYSY), beraberinde çevresel tartışmaları da getirmiştir. Bu bağlamda iklim değişikliği ve küreselleşme bağlantısına olan akademik ilgi son dönemde artmıştır. Bu araştırma 1990-2019 arasında Yeni Sanayileşen Ülkelerde (NIC) ekonomik küreselleşme, DYSY’ler ile iklim değişikliği ilişkisini Emirmahmutoğlu ve Köse (2011) testi kullanarak incelemiştir. Sonuçlar, iklim değişikliğinin ekonomik küreselleşme ve DYSY’lerle belirgin bağlantıları olduğunu ortaya koymuştur. Bulgulara göre iklim değişikliğinden ev sahibi ülkelere yapılan DYSY’lere doğru tek yönlü nedensellik söz konusuyken, ekonomik küreselleşmeyle iklim değişikliği arasında karşılıklı bir nedensellik bulunmaktadır. Ülkeler bazında incelendiğinde, bulguların farklılık gösterdiği tespit edilmiştir. Araştırma sonuçları bir takım çıkarımlar içermektedir. İklim değişikliğinin araştırma ülkelerine yapılan yatırımlarda önemli bir rolü olduğu ortaya konulmuştur. Aksine DYSY’lere bağlı ev sahibi ülkelerde yaşanan teknik gelişme ve uzmanlaşmanın, iklim değişikliğiyle arasında herhangi bir İlişkisi olmadığı gözlemlenmiştir.

Anahtar Kelimeler

• İklim Değişikliği
• Ekonomik Küreselleşme
• Doğrudan Yabancı Sabit Sermaye Yatırımları.

Kaynakça

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