Türkiye’de Doğrudan Yabancı Yatırımlar ile Yenilenebilir Enerji Tüketimi Arasında Eşbütünleşme Var Mıdır?

Yıl 2023, Sayı: 39, 138 - 153, 30.04.2023

Hamza Çeştepe , Havanur Ergün Tatar

https://doi.org/10.18092/ulikidince.1213546

Öz

Yenilenebilir enerjinin belirleyicileri ve çeşitli makroekonomik değişkenlerle ilişkisi konusunda son dönemlerde yapılan çalışmaların sayısında artış görülmektedir. Bu makroekonomik değişkenlerden biri de gelişmekte olan ülkeler için önemli bir dış finansman kaynağı durumunda olan doğrudan yabancı yatırımlardır. Bu çalışmada, Türkiye’de 1990-2019 dönemi için yenilenebilir enerji tüketimi ve doğrudan yabancı yatırımlar ilişkisi ampirik olarak incelenmiştir. Bu bağlamda, iki değişken arasındaki ilişkiyi teorik olarak açıklayan Kirlilik Hale Hipotezi ve Kirlilik Sığınağı Hipotezinin de Türkiye için geçerliliği test edilmiştir. RALS-EG ve RALS-EG2 eşbütünleşme testleriyle yapılan analizler sonucunda, yenilenebilir enerji kullanımı ve doğrudan yabancı yatırımlar arasında eşbütünleşme ilişkisi tespit edilmemiştir. Dolayısıyla, adı geçen hipotezlerin Türkiye için uzun dönemde geçerli olmadığı sonucuna ulaşılmıştır.

Anahtar Kelimeler

Doğrudan Yabancı Yatırımlar, Yenilenebilir Enerji, Türkiye, RALS-EG Eşbütünleşme Testi

IS THERE A COINTEGRATION BETWEEN FOREIGN DIRECT INVESTMENTS AND RENEWABLE ENERGY CONSUMPTION IN TURKIYE

Öz

There has been an increase in the number of recent studies on the determinants of renewable energy and its relationship with various macroeconomic variables. One of these macroeconomic variables is foreign direct investment, which is an important source of foreign financing for developing countries. In this study, the relationship between renewable energy use and foreign direct investments in Turkiye for the period 1990-2019 is empirically examined. In this context, the validity for Turkiye of the Pollution Halo Hypothesis and the Pollution Havens Hypothesis, which theoretically explain the relationship between the two variables, is also tested. As a result of the analyzes made with RALS-EG and RALS-EG2 cointegration tests, no cointegration relationship is found between renewable energy use and foreign direct investments. Therefore, it is concluded that the mentioned hypotheses are not valid for Turkiye in the long run.

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