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ÇEVRESEL KUZNETS EĞRİSİ HİPOTEZİ: TÜRKİYE İÇİN EŞBÜTÜNLEŞME VE NEDENSELLİK ANALİZİ

Yıl 2016, Cilt: 17 Sayı: 2, 177 - 194, 01.07.2016

Öz

Bu çalışmanın amacı, Türkiye’nin 1960-2010 dönemi için Çevresel Kuznets Eğrisi EKC hipotezinin geçerliliğini test etmektir. Değişkenler arasındaki ilişki ARDL sınır testi ile Granger nedensellik testiyle araştırılmıştır. Analiz sonucu, EKC hipotezinin Türkiye için geçerli olduğu ve özellikle enerji tüketimi EC , finansal gelişme FD ve dışa açıklığın OP karbondioksit CO2 emisyonunu arttırdığı tespit edilmiştir. Nedensellik testi sonucuna göre, kısa dönemde FD’den CO2 emisyonuna, EC’ye ve GDP’ye doğru tek yönlü nedensellik belirlenmiştir. Uzun dönemde ise CO2 emisyonu ile EC, CO2 emisyonu ile ekonomik büyüme EG ve CO2 emisyonu ile FD arasında feed-back geri-besleme hipotezini doğrulayan bulgular elde edilmiştir.

Kaynakça

  • Akbostancı, E., Türüt-Aşık, S. and Tunç, G.İ. (2009). The relationship between income and environment in Turkey: Is there an environmental Kuznets curve? Energy Policy, 37(3), 861-867.
  • Ang, J.B. (2007). CO2 emissions, energy consumption, and output in France. Energy Policy, 35(10), 4772-4778.
  • Antle, J. and Heidebrink, G. (1995). Environment and development: Theory and international evidence. Economic Development and Cultural Change, 43, 603-25.
  • Atıcı, C. ve Kurt, F. (2007). Türkiye’nin dış ticareti ve çevre kirliliği: Çevresel Kuznets eğrisi yaklaşımı. Tarım Ekonomisi Dergisi, 13(2), 61-69. ss.
  • Başar, S. ve Temurlenk, M.S. (2007). Çevreye uyarlanmış Kuznets eğrisi: Türkiye üzerine bir uygulama. Atatürk Üniversitesi İktisadi ve İdari Bilimler Dergisi, 21(1), 1-12.
  • Bertinelli, T. and Strobl, E. (2005). The environmental Kuznets curve semi-parametrically revisited. Economics Letters, 88(3), 350–357.
  • Bhattarai, M. and Hammig, M. (2001). Institutions and the environmental Kuznets curve for deforestation: A cross-country analysis for Latin America, Africa and Asia. World Development, 29(6), 995–1010.
  • Özellikle Türkiye’de elektrik üretiminden kaynaklanan CO2 emisyon oranın yaklaşık % 80 olduğu göz önüne alındığında, bunun öncelik arz ettiği söylenebilir.
  • Bradford, D.F., Schlieckert, R. and Shore, S.H. (2000). The environmental Kuznets curve: Exploring a fresh specification. CESifo Working Paper Series, No. 367.
  • Brown, R.L., Durbın, J. and Evans, J.M. (1975). Techniques for testing the constancy of regression relations overtime. Journal of the Royal Statistical Society, 37(13), 149-163.
  • Carson, R., Jeon, Y. and McCubbin, D. (1997). The relationship between air pollution emissions and income: USA data. Environment and Development Economics, 2(4), 433-450.
  • Dietz, S. and Adger, W.N. (2003). Economic growth, biodiversity loss and conservation effort. Journal of Environmental Management, 68, 23–35.
  • Enders, W. (2010). Applied econometric time series (3rd ed.). New York: John Wiley and Sons.
  • Engle, R.F. and Granger, C.W.J. (1987). Co-integrationand error correction representation, estimation and testing. Econometrica, 55(2), 251-276.
  • ETKB (2015). 2014 yılı enerji dengesi. http://www.enerji.gov.tr/tr-TR/EIGM-Raporlari Erişim tarihi: 29.03.2016.
  • Focacci, A. (2003). Empirical evidence in the analysis of the environmental and energy policies of a series of industrialised nations, during the period 1960–1997, using widely employed macroeconomic indicators. Energy Policy, 31, 333-352.
  • Fodha, M. and Zaghdoud, O. (2010). Economic growth and pollutant emissions in Tunisia: An empirical analysis of the environmental Kuznets curve. Energy Policy, 38(2), 1150-1156.
  • Grossman, G.M. and Kreuger, A.B. (1991). Environmental impacts of a North American free trade agreement. NBER Working Paper, No. 3914.
  • Grossman, G.M. and Krueger, A.B. (1995). Economic environment and the economic growth. Quarterly Journal of Economics, 110(2), 353-377.
  • Halicioglu, F. (2009). An econometric study of CO2 emissions, energy consumption, income and foreign trade in Turkey. Energy Policy, 37(3), 1156-1164.
  • He, J. and Richard, P. (2010). Environmental Kuznets curve for CO in Canada. Ecological Economics, 69(5), 1083-1093.
  • Jalil, A. and Feridun, M. (2011). The impact of growth, energy and financial development on the environment in China: A cointegration analysis. Energy Economics, 33, 284-291.
  • Johansen, S. and Juselius, K. (1990). Maximum likelihood estimation and inference on co- integration-with applications to the demand for money. Oxford Bulletin of Economics and Statistics, 52(2), 169-210.
  • Jones, J. and Joulfaian, D. (1991). Federal government expenditures and revenues in the early years of the American republic: Evidence from 1792 and 1860. Journal of Macroeconomics,
  • Kuznets, S. (1955). Economic growth and income inequality. The American Economic Review, 45(1), 1-28.
  • Masih, A.M.M. and Masih, R. (1996). Energy consumption, real income and temporal causality: Results from a multi-country study based on cointegration and error-correction modeling techniques. Energy Economics, 18(3), 165–183.
  • Mcpherson, M.A. and Nieswiadomy, M.L. (2005). Environmental Kuznets curve: threatened species and spatial effects. Ecological Economics, 55, 395–407.
  • Meng, M. and Niu, D. (2011). Modeling CO emissions from fossil fuel combustion using the logistic equation. Energy, 36(5), 3355-3359.
  • Özcan, B. (2015). ÇKE hipotezi yükselen piyasa ekonomileri için geçerli mi? Panel veri analizi. Doğuş Üniversitesi Dergisi, 16(1), 1-14.
  • Öztürk, I. and Acaravci, A. (2010). CO2 emissions, energy consumption and economic growth in Turkey. Renewable and Sustainable Energy Reviews, 14(9), 3220-225.
  • Öztürk, I. and Acaravci, A. (2013). The long-run and causal analysis of energy, growth, openness and financial development on carbon emissions in Turkey. Energy Economics, 36, 262-267.
  • Panayotou, T. (1993). Empirical tests and policy analysis of environmental degradation at different stages of economic development. ILO Technology and Employment Programme Working Paper, WP238.
  • Panayotou, T. (1997). Demystifying the environmental Kuznets curve: Turning a black box into a policy tool. Environment and Development Economics, 2(4), 465-484.
  • Pao, H.-T. and Tsai C.M. (2011). Multivariate Granger causality between CO2 emissions, energy consumption, FDI (foreign direct investment) and GDP (gross domestic product): Evidence from a panel of BRIC (Brazil, Russian Federation, India, and China) countries. Energy, 36, 685-693.
  • Pesaran, B. and Pesaran, M.H. (2009). Time series econometrics using Microfit 5.0. New York: Oxford University Press Inc.
  • Pesaran, M.H., Shin, Y. and Smith, R.J. (2001). Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16(3), 289-326.
  • Richmond, A.K. and Kaufmann, R.K. (2006). Is there a turning point in the relationship between income and energy use and/or carbon emissions? Ecological Economics, 56, 176–189.
  • Roberts, J.T. and Grimes, P.E. (1997). Carbon intensity and economic development 1962-1991: A brief exploration of the environmental Kuznets curve. World Development, 25(2), 191- 198.
  • Rupasingha, A., Goetz, S.J., Debertin, D.L. and Pagoulatos, A. (2004). The environmental Kuznets curve for us counties: A spatial econometric analysis with extensions. Papers in Regional Science, 83, 407-424.
  • Sadorsky, P. (2010). The impact of financial development on energy consumption in emerging economies. Energy Policy, 38, 2528–2535.
  • Seppala, T., Haukioja, T. and Kaivi-Oja, J. (2001). The EKC hypothesis does not hold for direct material flows: Environmental Kuznets curve hypothesis tests for direct material flows in five industrial countries. Population and Environment, 23(2), 217-238.
  • Shafik, N. (1994). Economic development and environmental quality: An econometric analysis. Oxford Economic Papers, 46(Special Issue), 757-773.
  • Shahbaz, M., Hye, Q.M.A., Tiwari, A.K. and Leitão, N.C. (2013). Economic growth, energy consumption, financial development, international trade and CO emissions in Indonesia. Renewable and Sustainable Energy Reviews, 25, 109-121.
  • Shahbaz, M., Lean, H.H. and Shabbir, M.S. (2012). Environmental Kuznets curve hypothesis in Pakistan: Cointegration and Granger causality. Renewable and Sustainable Energy Reviews, 16(5), 2947-2953.
  • Shahbaz, M., Mutascu, M. and Azim, P. (2013). Environmental Kuznets curve in Romania and the role of energy consumption. Renewable and Sustainable Energy Reviews, 18, 165-173.
  • Shahbaz, M., Solarin, S.A., Mahmood, H. and Arouri, M. (2013). Does financial development reduce CO2 emissions in Malaysian economy? A time series analysis. Economic Modelling,
  • Shahbaz, M., Uddin, G.S., Rehman, I.U. and Imran, K. (2014). Industrialization, electricity consumption and CO emissions in Bangladesh. Renewable and Sustainable Energy Reviews, 31, 575-586.
  • Talukdar, D. and Meisner, C.M. (2001). Does the private sector help or hurt the environment? Evidence from carbondioxide pollution in developing countries. World Development, 29(5), 827–840.
  • Uluyol, O., Lebe, F. ve Akbaş, Y.E. (2014). Firmaların finansal kaldıraç oranları ile öz sermaye karlılığı arasındaki ilişki: Hisseleri Borsa İstanbul (BİST)’da işlem gören şirketler üzerinde sektörler bazında bir araştırma. İşletme Araştırmaları Dergisi, 6(1), 70-89.
  • Wang, P., Wu, W., Zhu, B. and Weı, Y. (2013). Examining the impact factors of energy-related CO emissions using the STIRPAT model in guangdong province, China. Applied Energy, 106, 65-71.
  • Yaylalı, M. ve Lebe, F. (2012). İthal ham petrol fiyatlarının Türkiye’deki makroekonomik değişkenler üzerindeki etkisi. Marmara Üniversitesi İİBF Dergisi, XXXII(I), 43-68.
  • Zhang, Y.-J. (2011). The impact of financial development on carbon emissions: An empirical analysis in China. Energy Policy, 39(4), 2197–2203.

THE ENVIRONMENTAL KUZNETS CURVE HYPOTHESIS: COINTEGRATION AND CAUSALITY ANALYSIS FOR TURKEY

Yıl 2016, Cilt: 17 Sayı: 2, 177 - 194, 01.07.2016

Öz

ABSTARCT: The aim of study examines the validity of the Environmental Kuznets Curve EKC hypothesis in Turkey between the years of 1960 and 2010. The relationship among variables were researched by ARDL bound test and Granger causality analysis. As the result of analysis it is stated that the EKC hypothesis is valid for Turkey and especially energy consumption EC , financial development FD and openness OP have an increasing effect on CO2 emission. As a result of causality test, unidirectional causality from FD to CO emission, EC and EG have been found in short term. Findings which confirm the feed-back hypothesis between CO2 emission and EC, CO2 emisson and EG, CO2 emission and FD variables have been obtained in long term

Kaynakça

  • Akbostancı, E., Türüt-Aşık, S. and Tunç, G.İ. (2009). The relationship between income and environment in Turkey: Is there an environmental Kuznets curve? Energy Policy, 37(3), 861-867.
  • Ang, J.B. (2007). CO2 emissions, energy consumption, and output in France. Energy Policy, 35(10), 4772-4778.
  • Antle, J. and Heidebrink, G. (1995). Environment and development: Theory and international evidence. Economic Development and Cultural Change, 43, 603-25.
  • Atıcı, C. ve Kurt, F. (2007). Türkiye’nin dış ticareti ve çevre kirliliği: Çevresel Kuznets eğrisi yaklaşımı. Tarım Ekonomisi Dergisi, 13(2), 61-69. ss.
  • Başar, S. ve Temurlenk, M.S. (2007). Çevreye uyarlanmış Kuznets eğrisi: Türkiye üzerine bir uygulama. Atatürk Üniversitesi İktisadi ve İdari Bilimler Dergisi, 21(1), 1-12.
  • Bertinelli, T. and Strobl, E. (2005). The environmental Kuznets curve semi-parametrically revisited. Economics Letters, 88(3), 350–357.
  • Bhattarai, M. and Hammig, M. (2001). Institutions and the environmental Kuznets curve for deforestation: A cross-country analysis for Latin America, Africa and Asia. World Development, 29(6), 995–1010.
  • Özellikle Türkiye’de elektrik üretiminden kaynaklanan CO2 emisyon oranın yaklaşık % 80 olduğu göz önüne alındığında, bunun öncelik arz ettiği söylenebilir.
  • Bradford, D.F., Schlieckert, R. and Shore, S.H. (2000). The environmental Kuznets curve: Exploring a fresh specification. CESifo Working Paper Series, No. 367.
  • Brown, R.L., Durbın, J. and Evans, J.M. (1975). Techniques for testing the constancy of regression relations overtime. Journal of the Royal Statistical Society, 37(13), 149-163.
  • Carson, R., Jeon, Y. and McCubbin, D. (1997). The relationship between air pollution emissions and income: USA data. Environment and Development Economics, 2(4), 433-450.
  • Dietz, S. and Adger, W.N. (2003). Economic growth, biodiversity loss and conservation effort. Journal of Environmental Management, 68, 23–35.
  • Enders, W. (2010). Applied econometric time series (3rd ed.). New York: John Wiley and Sons.
  • Engle, R.F. and Granger, C.W.J. (1987). Co-integrationand error correction representation, estimation and testing. Econometrica, 55(2), 251-276.
  • ETKB (2015). 2014 yılı enerji dengesi. http://www.enerji.gov.tr/tr-TR/EIGM-Raporlari Erişim tarihi: 29.03.2016.
  • Focacci, A. (2003). Empirical evidence in the analysis of the environmental and energy policies of a series of industrialised nations, during the period 1960–1997, using widely employed macroeconomic indicators. Energy Policy, 31, 333-352.
  • Fodha, M. and Zaghdoud, O. (2010). Economic growth and pollutant emissions in Tunisia: An empirical analysis of the environmental Kuznets curve. Energy Policy, 38(2), 1150-1156.
  • Grossman, G.M. and Kreuger, A.B. (1991). Environmental impacts of a North American free trade agreement. NBER Working Paper, No. 3914.
  • Grossman, G.M. and Krueger, A.B. (1995). Economic environment and the economic growth. Quarterly Journal of Economics, 110(2), 353-377.
  • Halicioglu, F. (2009). An econometric study of CO2 emissions, energy consumption, income and foreign trade in Turkey. Energy Policy, 37(3), 1156-1164.
  • He, J. and Richard, P. (2010). Environmental Kuznets curve for CO in Canada. Ecological Economics, 69(5), 1083-1093.
  • Jalil, A. and Feridun, M. (2011). The impact of growth, energy and financial development on the environment in China: A cointegration analysis. Energy Economics, 33, 284-291.
  • Johansen, S. and Juselius, K. (1990). Maximum likelihood estimation and inference on co- integration-with applications to the demand for money. Oxford Bulletin of Economics and Statistics, 52(2), 169-210.
  • Jones, J. and Joulfaian, D. (1991). Federal government expenditures and revenues in the early years of the American republic: Evidence from 1792 and 1860. Journal of Macroeconomics,
  • Kuznets, S. (1955). Economic growth and income inequality. The American Economic Review, 45(1), 1-28.
  • Masih, A.M.M. and Masih, R. (1996). Energy consumption, real income and temporal causality: Results from a multi-country study based on cointegration and error-correction modeling techniques. Energy Economics, 18(3), 165–183.
  • Mcpherson, M.A. and Nieswiadomy, M.L. (2005). Environmental Kuznets curve: threatened species and spatial effects. Ecological Economics, 55, 395–407.
  • Meng, M. and Niu, D. (2011). Modeling CO emissions from fossil fuel combustion using the logistic equation. Energy, 36(5), 3355-3359.
  • Özcan, B. (2015). ÇKE hipotezi yükselen piyasa ekonomileri için geçerli mi? Panel veri analizi. Doğuş Üniversitesi Dergisi, 16(1), 1-14.
  • Öztürk, I. and Acaravci, A. (2010). CO2 emissions, energy consumption and economic growth in Turkey. Renewable and Sustainable Energy Reviews, 14(9), 3220-225.
  • Öztürk, I. and Acaravci, A. (2013). The long-run and causal analysis of energy, growth, openness and financial development on carbon emissions in Turkey. Energy Economics, 36, 262-267.
  • Panayotou, T. (1993). Empirical tests and policy analysis of environmental degradation at different stages of economic development. ILO Technology and Employment Programme Working Paper, WP238.
  • Panayotou, T. (1997). Demystifying the environmental Kuznets curve: Turning a black box into a policy tool. Environment and Development Economics, 2(4), 465-484.
  • Pao, H.-T. and Tsai C.M. (2011). Multivariate Granger causality between CO2 emissions, energy consumption, FDI (foreign direct investment) and GDP (gross domestic product): Evidence from a panel of BRIC (Brazil, Russian Federation, India, and China) countries. Energy, 36, 685-693.
  • Pesaran, B. and Pesaran, M.H. (2009). Time series econometrics using Microfit 5.0. New York: Oxford University Press Inc.
  • Pesaran, M.H., Shin, Y. and Smith, R.J. (2001). Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16(3), 289-326.
  • Richmond, A.K. and Kaufmann, R.K. (2006). Is there a turning point in the relationship between income and energy use and/or carbon emissions? Ecological Economics, 56, 176–189.
  • Roberts, J.T. and Grimes, P.E. (1997). Carbon intensity and economic development 1962-1991: A brief exploration of the environmental Kuznets curve. World Development, 25(2), 191- 198.
  • Rupasingha, A., Goetz, S.J., Debertin, D.L. and Pagoulatos, A. (2004). The environmental Kuznets curve for us counties: A spatial econometric analysis with extensions. Papers in Regional Science, 83, 407-424.
  • Sadorsky, P. (2010). The impact of financial development on energy consumption in emerging economies. Energy Policy, 38, 2528–2535.
  • Seppala, T., Haukioja, T. and Kaivi-Oja, J. (2001). The EKC hypothesis does not hold for direct material flows: Environmental Kuznets curve hypothesis tests for direct material flows in five industrial countries. Population and Environment, 23(2), 217-238.
  • Shafik, N. (1994). Economic development and environmental quality: An econometric analysis. Oxford Economic Papers, 46(Special Issue), 757-773.
  • Shahbaz, M., Hye, Q.M.A., Tiwari, A.K. and Leitão, N.C. (2013). Economic growth, energy consumption, financial development, international trade and CO emissions in Indonesia. Renewable and Sustainable Energy Reviews, 25, 109-121.
  • Shahbaz, M., Lean, H.H. and Shabbir, M.S. (2012). Environmental Kuznets curve hypothesis in Pakistan: Cointegration and Granger causality. Renewable and Sustainable Energy Reviews, 16(5), 2947-2953.
  • Shahbaz, M., Mutascu, M. and Azim, P. (2013). Environmental Kuznets curve in Romania and the role of energy consumption. Renewable and Sustainable Energy Reviews, 18, 165-173.
  • Shahbaz, M., Solarin, S.A., Mahmood, H. and Arouri, M. (2013). Does financial development reduce CO2 emissions in Malaysian economy? A time series analysis. Economic Modelling,
  • Shahbaz, M., Uddin, G.S., Rehman, I.U. and Imran, K. (2014). Industrialization, electricity consumption and CO emissions in Bangladesh. Renewable and Sustainable Energy Reviews, 31, 575-586.
  • Talukdar, D. and Meisner, C.M. (2001). Does the private sector help or hurt the environment? Evidence from carbondioxide pollution in developing countries. World Development, 29(5), 827–840.
  • Uluyol, O., Lebe, F. ve Akbaş, Y.E. (2014). Firmaların finansal kaldıraç oranları ile öz sermaye karlılığı arasındaki ilişki: Hisseleri Borsa İstanbul (BİST)’da işlem gören şirketler üzerinde sektörler bazında bir araştırma. İşletme Araştırmaları Dergisi, 6(1), 70-89.
  • Wang, P., Wu, W., Zhu, B. and Weı, Y. (2013). Examining the impact factors of energy-related CO emissions using the STIRPAT model in guangdong province, China. Applied Energy, 106, 65-71.
  • Yaylalı, M. ve Lebe, F. (2012). İthal ham petrol fiyatlarının Türkiye’deki makroekonomik değişkenler üzerindeki etkisi. Marmara Üniversitesi İİBF Dergisi, XXXII(I), 43-68.
  • Zhang, Y.-J. (2011). The impact of financial development on carbon emissions: An empirical analysis in China. Energy Policy, 39(4), 2197–2203.
Toplam 52 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Bölüm Araştırma Makalesi
Yazarlar

Fuat Lebe Bu kişi benim

Yayımlanma Tarihi 1 Temmuz 2016
Yayımlandığı Sayı Yıl 2016 Cilt: 17 Sayı: 2

Kaynak Göster

APA Lebe, F. (2016). ÇEVRESEL KUZNETS EĞRİSİ HİPOTEZİ: TÜRKİYE İÇİN EŞBÜTÜNLEŞME VE NEDENSELLİK ANALİZİ. Doğuş Üniversitesi Dergisi, 17(2), 177-194.