The Dynamics of Green Growth in The Developed Countries

Ayhan Kuloğlu

doi:10.25229/beta.1647562

EN TR

The Dynamics of Green Growth in The Developed Countries

Öz

The relationship between financial development and environmental sustainability has become a critical area of research in recent years, particularly in the context of developed economies. Understanding how macroeconomic factors such as financial markets, innovation, and institutional frameworks influence green growth is essential for shaping effective policies that promote sustainable development. This study explores the influence of financial development on green growth in developed countries, examining data from 2000 to 2020 for 10 developed countries. By analyzing the interaction between green growth and macroeconomic factors such as financial development, R&D expenditures, and institutional quality, the study provides critical insights into the drivers of environmental sustainability. The findings reveal that financial development and R&D expenditures positively impact green growth, whereas institutional quality surprisingly has a negative effect. These results underscore the importance of fostering financial markets and innovation to support green growth, while also highlighting the need for institutional reforms to better align governance structures with environmental goals. The study suggests that policymakers should prioritize expanding green financing, boosting R&D investments, and restructuring institutional frameworks to achieve long-term sustainability in developed economies.

Anahtar Kelimeler

Financial Development, Green Growth, Environmental Sustainability

Gelişmiş Ülkelerde Yeşil Büyümenin Dinamikleri

Öz

Finansal gelişme ile çevresel sürdürülebilirlik arasındaki ilişki, özellikle gelişmiş ekonomiler bağlamında, son yıllarda kritik bir araştırma alanı haline gelmiştir. Finansal piyasalar, inovasyon ve kurumsal çerçeveler gibi makroekonomik faktörlerin yeşil büyümeyi nasıl etkilediğini anlamak, sürdürülebilir kalkınmayı teşvik eden etkili politikalar oluşturmak için esastır. Bu çalışma, 10 gelişmiş ülke için 2000-2020 yılları arasındaki verileri inceleyerek, finansal gelişmenin gelişmiş ülkelerdeki yeşil büyüme üzerindeki etkisini araştırmaktadır. Çalışma, finansal gelişme, Ar-Ge harcamaları ve kurumsal kalite gibi makroekonomik faktörler ile yeşil büyüme arasındaki etkileşimi analiz ederek, çevresel sürdürülebilirliğin itici güçleri hakkında kritik içgörüler sunmaktadır. Bulgular, finansal gelişme ve Ar-Ge harcamalarının yeşil büyümeyi olumlu yönde etkilediğini, kurumsal kalitenin ise şaşırtıcı bir şekilde olumsuz bir etkiye sahip olduğunu ortaya koymaktadır. Bu sonuçlar, yeşil büyümeyi desteklemek için finansal piyasaları ve inovasyonu teşvik etmenin önemini vurgularken, aynı zamanda yönetişim yapılarını çevresel hedeflerle daha iyi uyumlu hale getirmek için kurumsal reformlara olan ihtiyacı da vurgulamaktadır. Çalışma, politika yapıcıların gelişmiş ekonomilerde uzun vadeli sürdürülebilirliği sağlamak için yeşil finansmanı genişletmeye, Ar-Ge yatırımlarını artırmaya ve kurumsal çerçeveleri yeniden yapılandırmaya öncelik vermeleri gerektiğini önermektedir.

Anahtar Kelimeler

Finansal Gelişim, Yeşil Büyüme, Çevresel Sürdürülebilirlik

Kaynakça

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Ayrıntılar

Birincil Dil

İngilizce

Konular

Büyüme, Makro İktisat (Diğer)

Bölüm

Araştırma Makalesi

Yazarlar

Ayhan Kuloğlu ^*
0000-0003-0027-2893
Türkiye

Erken Görünüm Tarihi

30 Haziran 2025

Yayımlanma Tarihi

30 Haziran 2025

Gönderilme Tarihi

26 Şubat 2025

Kabul Tarihi

6 Mayıs 2025

Yayımlandığı Sayı

Yıl 2025 Cilt: 10 Sayı: 2

DOI

https://doi.org/10.25229/beta.1647562

IZ

https://izlik.org/JA62ZC89CR

APA

Kuloğlu, A. (2025). The Dynamics of Green Growth in The Developed Countries. Bulletin of Economic Theory and Analysis, 10(2), 607-627. https://doi.org/10.25229/beta.1647562

AMA

1.Kuloğlu A. The Dynamics of Green Growth in The Developed Countries. beta. 2025;10(2):607-627. doi:10.25229/beta.1647562

Chicago

Kuloğlu, Ayhan. 2025. “The Dynamics of Green Growth in The Developed Countries”. Bulletin of Economic Theory and Analysis 10 (2): 607-27. https://doi.org/10.25229/beta.1647562.

EndNote

Kuloğlu A (01 Haziran 2025) The Dynamics of Green Growth in The Developed Countries. Bulletin of Economic Theory and Analysis 10 2 607–627.

IEEE

[1]A. Kuloğlu, “The Dynamics of Green Growth in The Developed Countries”, beta, c. 10, sy 2, ss. 607–627, Haz. 2025, doi: 10.25229/beta.1647562.

ISNAD

Kuloğlu, Ayhan. “The Dynamics of Green Growth in The Developed Countries”. Bulletin of Economic Theory and Analysis 10/2 (01 Haziran 2025): 607-627. https://doi.org/10.25229/beta.1647562.

JAMA

1.Kuloğlu A. The Dynamics of Green Growth in The Developed Countries. beta. 2025;10:607–627.

MLA

Kuloğlu, Ayhan. “The Dynamics of Green Growth in The Developed Countries”. Bulletin of Economic Theory and Analysis, c. 10, sy 2, Haziran 2025, ss. 607-2, doi:10.25229/beta.1647562.

Vancouver

1.Ayhan Kuloğlu. The Dynamics of Green Growth in The Developed Countries. beta. 01 Haziran 2025;10(2):607-2. doi:10.25229/beta.1647562

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The Dynamics of Green Growth in The Developed Countries

Öz

Anahtar Kelimeler

Gelişmiş Ülkelerde Yeşil Büyümenin Dinamikleri

Öz

Anahtar Kelimeler

Kaynakça

Ayrıntılar

Birincil Dil

Konular

Bölüm

Yazarlar

Erken Görünüm Tarihi

Yayımlanma Tarihi

Gönderilme Tarihi

Kabul Tarihi

Yayımlandığı Sayı

DOI

IZ

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