ELEKTRİK ENERJİSİ ÜRETİM SEKTÖRÜNDE UYGULANAN TEŞVİKLERİN EKONOMİK BÜYÜMEYE ETKİLERİ: TÜRKİYE ÖRNEKLEMİNDE AMPİRİK BİR ANALİZ

Year 2023, Volume: 10 Issue: 2, 1295 - 1314, 02.08.2023

Feti Erbaş , Yaşar Köse , Rıza Bayrak

https://doi.org/10.30798/makuiibf.1220129

Abstract

Bu çalışmanın amacı, Türkiye’de elektrik enerjisi üretim sektöründe uygulanan yatırım teşviklerinin ekonomik büyümeye etkilerini analiz etmektir. Çalışmada kullanılan veriler 2005-2019 yılları arasındaki 60 çeyrek dönemi kapsamaktadır. Çalışmanın bağımlı değişkeni gayrisafi yurtiçi hâsıla, bağımsız değişkenleri ise istihdam oranı, gayrisafi sabit sermaye Oluşumu ve verilen teşvik miktarıdır. Verilerin analizinde zaman serileri analizi yöntemlerinden FMOLS, DOLS ve CCR uzun dönem tahmincileri kullanılmıştır. Analiz bulguları çerçevesinde; istihdam ve gayrisafi sabit sermaye oluşumunun büyüme üzerindeki etkisi pozitif yönde gözlenirken; teşviklerin ekonomik büyüme üzerindeki etkisinin ise negatif yönde olduğu tespit edilmiştir. Bunula birlikte istihdamın büyüme üzerindeki etkisi, teşviklere göre daha büyüktür. Bu noktada karar vericilere, özel sektör yatırımlarının dışlanmasını önlemek amacıyla, büyümeyi uyaran teşviklerin optimum değerinin tespit edilmesinin uygun olacağı tavsiye edilmiştir.

Keywords

Elektrik Enerjisi Yatırım Teşvikleri, FMOLS, DOLS, CCR, Ekonomik Büyüme

Supporting Institution

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THE EFFECTS OF INCENTIVES APPLIED IN THE ELECTRICITY PRODUCTION SECTOR ON ECONOMIC GROWTH: AN EMPIRİCAL ANALYSIS IN THE SAMPLE OF TURKEY

Abstract

The purpose of this study is to analyze the effects of investment incentives in the electricity sector on economic growth in Turkey. The data used in the study cover 60 quarters between 2005-2019. The dependent variable of the study is the gross domestic product, and the independent variables are the employment rate, gross fixed capital formation, and incentive amount. FMOLS, DOLS and CCR long-term estimators were used for the analysis of the data. According to the results of the analysis, the effects of employment and gross fixed capital formation on economic growth are observed positively; whereas the effect of incentives on economic growth is negative. The effect of employment on growth seemed to be greater than that of incentives. Therefore, it has been suggested to the policy-makers that it would be appropriate to determine the optimum amount of incentives triggering growth to prevent the crowding out of private-sector investments.

Keywords

Electricity Investment Incentives, FMOLS, DOLS, CCR, Economic Growth

Project Number

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