Research Article
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SEÇİLMİŞ E7 ÜLKELERİNDE HİDROELEKTRİK ENERJİ TÜKETİMİ İLE EKONOMİK BÜYÜME ARASINDAKİ İLİŞKİ

Year 2021, Volume: 21 Issue: 2, 79 - 99, 30.07.2021

Süleyman Yurtkuran

https://doi.org/10.11616/basbed.vi.902773
Cited By: 1

Abstract

Bu çalışmada seçilmiş E7 ülkelerinde 1965-2019 döneminde hidroelektrik enerji tüketimi ile ekonomik büyüme arasındaki nedensellik ilişkisi araştırılmıştır. Çalışmada Konya panel bootstrap nedensellik yönteminin yanı sıra yeni geliştirilen zamanla değişen bootstrap panel nedensellik testi kullanılmıştır. Bootstrap panel nedensellik yöntemine göre iki seri arasında herhangi bir nedensellik ilişkisine rastlanmamıştır. Zamanla değişen bootstrap panel nedensellik yöntemine göre ise belli başlı yıllarda değişkenler arasında nedensellik ilişkisi olduğu gözlemlenmiştir. Bu sonuçlara bakıldığında Brezilya’da 1990-1991; Meksika’da 1986-1987, 1989, 1991 ve 1993; Endonezya’da 2011 ve 2013 dönemlerinde çift yönlü bir nedensellik ilişkisi olduğu tespit edilmiştir. Yani bu yıllarda hidroelektrik enerjisi tüketimindeki artış ekonomik büyümeyi etkilerken, ekonomik büyümede yaşanan gelişmeler de hidroelektrik enerjisi tüketimini etkilemektedir. Diğer ülkelerde de belirli tarihlerde hidroelektrik tüketiminden ekonomik büyümeye ve ekonomik büyümeden hidroelektrik tüketimine doğru tek yönlü bir nedensellik ilişkisi olduğu gözlemlenmiştir.

Keywords

Hidroelektrik Ekonomik Büyüme Zamanla Değişen Panel Nedensellik Testi

References

  • Al-Mulali, U., Fereidouni, H. G. & Lee, J. Y. (2014). Electricity Consumption from Renewable and Non-Renewable Sources and Economic Growth: Evidence from Latin American Countries. Renewable and Sustainable Energy Reviews, 30, s.290-298.
  • Alper, A. & Oguz, O. (2016). The Role of Renewable Energy Consumption in Economic Growth: Evidence from Asymmetric Causality. Renewable and Sustainable Energy Reviews, 60, s.953-959.
  • Apergis, N., Payne, J. E., Menyah, K. & Wolde-Rufael, Y. (2010). On the Causal Dynamics between Emissions, Nuclear Energy, Renewable Energy, and Economic Growth. Ecological Economics, 69(11), s.2255-2260.
  • Bhattacharya, M., Paramati, S. R., Ozturk, I. & Bhattacharya, S. (2016). The Effect of Renewable Energy Consumption on Economic Growth: Evidence from Top 38 Countries. Applied Energy, s.162, 733-741.
  • Bildirici, M. E. (2013). Economic Growth and Biomass Energy. Biomass and Bioenergy, 50, s.19-24.
  • Bildirici, M. E. & Özaksoy, F. (2013). The Relationship between Economic Growth and Biomass Energy Consumption in some European Countries. Journal of Renewable and Sustainable Energy, 5(2), 023141.
  • Bildirici, M. (2016). The Relationship between Hydropower Energy Consumption and Economic Growth. Procedia Economics and Finance, 38, s.264-270.
  • Breusch, T. S. & Pagan, A. R. (1980). The Lagrange Multiplier Test and Its Applications to Model Specification in Econometrics. The Review of Economic Studies, 47(1), s.239-253.
  • British Petrol, Statistical Review of World Energy. https://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html
  • Hamit-Haggar, M. (2016). Clean Energy-Growth Nexus in Sub-Saharan Africa: Evidence from Cross-Sectionally Dependent Heterogeneous Panel with Structural Breaks. Renewable and Sustainable Energy Reviews, 57, s.1237-1244.
  • Hawksworth, J. & Cookson, G. (2006). The World in 2050. How Big will the Major Emerging Market Economies Get and How can the OECD Compete.
  • Herring, H. & Roy, R. (2007). Technological Innovation, Energy Efficient Design and the Rebound Effect. Technovation, 27(4), s.194-203.
  • Inglesi-Lotz, R. (2016). The Impact of Renewable Energy Consumption to Economic Growth: A Panel Data Application. Energy Economics, 53, s.58-63.
  • Jaffe, A. B. & Stavins, R. N. (1994). The Energy Paradox and the Diffusion of Conservation Technology. Resource and Energy Economics, 16(2), s.91-122.
  • Javid M. & Sharif F. (2016). Environmental Kuznets Curve and Financial Development in Pakistan. Renewable and Sustainable Energy Reviews, 54, s.406-414.
  • Koçak, E. & Şarkgüneşi, A. (2017). The Renewable Energy and Economic Growth nexus in Black Sea and Balkan Countries. Energy Policy, 100, s.51-57.
  • Konya, L. (2006). Exports and Growth: Granger Causality Analysis on OECD Countries with a Panel Data Approach. Economic Modelling, 23(6), s.978-992.
  • Mahmood, N., Wang, Z. & Hassan, S. T. (2019). Renewable Energy, Economic Growth, Human Capital, and CO2 Emission: An Empirical Analysis. Environmental Science and Pollution Research, 26(20), s.20619-20630.
  • Ocal, O. & Aslan, A. (2013). Renewable Energy Consumption–Economic Growth nexus in Turkey. Renewable and Sustainable Energy Reviews, 28, s.494-499.
  • Pao, H. T. & Fu, H. C. (2013). Renewable Energy, Non-Renewable Energy and Economic Growth in Brazil. Renewable and Sustainable Energy Reviews, 25, s.381-392.
  • Pata, U. K., Yurtkuran, S. & Kalça, A. (2016). Türkiye’de Enerji Tüketimi ve Ekonomik Büyüme: Ardl Sınır Testi Yaklaşımı. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi, 38(2), s.255-271.
  • Pata, U. K. (2018). The Influence of Coal and Noncarbohydrate Energy Consumption on CO2 Emissions: Revisiting the Environmental Kuznets Curve Hypothesis for Turkey. Energy, 160, s.1115-1123.
  • Pata, U. K. & Yurtkuran, S. (2018). Yenilenebilir Enerji Tüketimi, Nüfus Yoğunluğu ve Finansal Gelişmenin CO2 Salımına Etkisi: Türkiye Örneği. Uluslararası İktisadi ve İdari İncelemeler Dergisi, s.303-318.
  • Pesaran, M. H. (2004). General Diagnostic Tests for Cross Section Dependence in Panels. Cambridge Working Papers in Economics No. 435, University of Cambridge, and CESifo Working Paper Series No. 1229.
  • Pesaran, M. H., Ullah, A. & Yamagata, T. (2008). A Bias‐Adjusted LM Test of Error Cross‐Section Independence. The Econometrics Journal, 11(1), s.105-127.
  • Sagar, A. D., & Van der Zwaan, B. (2006). Technological Innovation in the Energy Sector: R&D, Deployment, and Learning-by-Doing. Energy Policy, 34(17), s.2601-2608.
  • Shahbaz, M., Loganathan, N., Zeshan, M. & Zaman, K. (2015). Does Renewable Energy Consumption add in Economic Growth? An Application of Auto-Regressive Distributed Lag Model in Pakistan. Renewable and Sustainable Energy Reviews, 44, s.576-585.
  • Shahbaz, M., Rasool, G., Ahmed, K. & Mahalik, M. K. (2016). Considering the Effect of Biomass Energy Consumption on Economic Growth: Fresh Evidence from BRICS Region. Renewable and Sustainable Energy Reviews, 60, s.1442-1450.
  • Statisca (2021). Cumulative Hydropower Capacity Worldwide in 2019, by major country. https://www.statista.com/statistics/474652/ global-total-hydropower-capacity-in-major-countries/
  • Swamy, P. A. (1970). Efficient Inference in a Random Coefficient Regression Model. Econometrica: Journal of the Econometric Society, s.311-323.
  • Tang C.F. (2008) A Re-Examination of the Role of FDI and Exports in Malaysia’s Economic Growth: A Time Series Analysis, 1970-2006. International Journal of Management Studies, 15, s.47-67.
  • Tiftikçigil, B. Y. & Burak, G. Ü. R. I. (2018). Does Middle Income Trap Exist?: Evidence from Emerging Economies: E7 Countries for 1969-2015. Revista Galega de Economia, 27(1), s.145-158.
  • Ummalla, M. & Samal, A. (2018). The Impact of Hydropower Energy Consumption on Economic Growth And CO2 Emissions in China. Environmental Science and Pollution Research, 25(35), s.35725-35737.
  • World Research Institute (2020). Building a 100 Percent Clean Economy: Opportunities for an Equitable, Low-Carbon Recovery. https://files.wri.org/s3fs-public/building-100-percent-clean-economy-opportunities-equitable-low-carbon-recovery.pdf
  • Yilanci, V. & Ozgur, O. (2019). Testing the Environmental Kuznets Curve for G7 Countries: Evidence from a Bootstrap Panel Causality Test in Rolling Windows. Environmental Science and Pollution Research, 26(24), s.24795-24805.
  • Yildirim, E., Saraç, Ş. & Aslan, A. (2012). Energy Consumption and Economic Growth in the USA: Evidence from Renewable Energy. Renewable and Sustainable Energy Reviews, 16(9), s.6770-6774.
  • Yurtkuran, S. & Terzi, H. (2018). Çevresel Kuznets Eğrisinin Ampirik Olarak Analizi: Meksika örneği. Uluslararası İktisadi ve İdari İncelemeler Dergisi, (20), s.267-284.
  • Zellner, A. (1962). An Efficient Method of Estimating Seemingly Unrelated Regressions and Tests for Aggregation Bias. Journal of the American statistical Association, 57(298), s.348-368.

Year 2021, Volume: 21 Issue: 2, 79 - 99, 30.07.2021

Süleyman Yurtkuran

https://doi.org/10.11616/basbed.vi.902773
Cited By: 1

Abstract

References

  • Al-Mulali, U., Fereidouni, H. G. & Lee, J. Y. (2014). Electricity Consumption from Renewable and Non-Renewable Sources and Economic Growth: Evidence from Latin American Countries. Renewable and Sustainable Energy Reviews, 30, s.290-298.
  • Alper, A. & Oguz, O. (2016). The Role of Renewable Energy Consumption in Economic Growth: Evidence from Asymmetric Causality. Renewable and Sustainable Energy Reviews, 60, s.953-959.
  • Apergis, N., Payne, J. E., Menyah, K. & Wolde-Rufael, Y. (2010). On the Causal Dynamics between Emissions, Nuclear Energy, Renewable Energy, and Economic Growth. Ecological Economics, 69(11), s.2255-2260.
  • Bhattacharya, M., Paramati, S. R., Ozturk, I. & Bhattacharya, S. (2016). The Effect of Renewable Energy Consumption on Economic Growth: Evidence from Top 38 Countries. Applied Energy, s.162, 733-741.
  • Bildirici, M. E. (2013). Economic Growth and Biomass Energy. Biomass and Bioenergy, 50, s.19-24.
  • Bildirici, M. E. & Özaksoy, F. (2013). The Relationship between Economic Growth and Biomass Energy Consumption in some European Countries. Journal of Renewable and Sustainable Energy, 5(2), 023141.
  • Bildirici, M. (2016). The Relationship between Hydropower Energy Consumption and Economic Growth. Procedia Economics and Finance, 38, s.264-270.
  • Breusch, T. S. & Pagan, A. R. (1980). The Lagrange Multiplier Test and Its Applications to Model Specification in Econometrics. The Review of Economic Studies, 47(1), s.239-253.
  • British Petrol, Statistical Review of World Energy. https://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html
  • Hamit-Haggar, M. (2016). Clean Energy-Growth Nexus in Sub-Saharan Africa: Evidence from Cross-Sectionally Dependent Heterogeneous Panel with Structural Breaks. Renewable and Sustainable Energy Reviews, 57, s.1237-1244.
  • Hawksworth, J. & Cookson, G. (2006). The World in 2050. How Big will the Major Emerging Market Economies Get and How can the OECD Compete.
  • Herring, H. & Roy, R. (2007). Technological Innovation, Energy Efficient Design and the Rebound Effect. Technovation, 27(4), s.194-203.
  • Inglesi-Lotz, R. (2016). The Impact of Renewable Energy Consumption to Economic Growth: A Panel Data Application. Energy Economics, 53, s.58-63.
  • Jaffe, A. B. & Stavins, R. N. (1994). The Energy Paradox and the Diffusion of Conservation Technology. Resource and Energy Economics, 16(2), s.91-122.
  • Javid M. & Sharif F. (2016). Environmental Kuznets Curve and Financial Development in Pakistan. Renewable and Sustainable Energy Reviews, 54, s.406-414.
  • Koçak, E. & Şarkgüneşi, A. (2017). The Renewable Energy and Economic Growth nexus in Black Sea and Balkan Countries. Energy Policy, 100, s.51-57.
  • Konya, L. (2006). Exports and Growth: Granger Causality Analysis on OECD Countries with a Panel Data Approach. Economic Modelling, 23(6), s.978-992.
  • Mahmood, N., Wang, Z. & Hassan, S. T. (2019). Renewable Energy, Economic Growth, Human Capital, and CO2 Emission: An Empirical Analysis. Environmental Science and Pollution Research, 26(20), s.20619-20630.
  • Ocal, O. & Aslan, A. (2013). Renewable Energy Consumption–Economic Growth nexus in Turkey. Renewable and Sustainable Energy Reviews, 28, s.494-499.
  • Pao, H. T. & Fu, H. C. (2013). Renewable Energy, Non-Renewable Energy and Economic Growth in Brazil. Renewable and Sustainable Energy Reviews, 25, s.381-392.
  • Pata, U. K., Yurtkuran, S. & Kalça, A. (2016). Türkiye’de Enerji Tüketimi ve Ekonomik Büyüme: Ardl Sınır Testi Yaklaşımı. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi, 38(2), s.255-271.
  • Pata, U. K. (2018). The Influence of Coal and Noncarbohydrate Energy Consumption on CO2 Emissions: Revisiting the Environmental Kuznets Curve Hypothesis for Turkey. Energy, 160, s.1115-1123.
  • Pata, U. K. & Yurtkuran, S. (2018). Yenilenebilir Enerji Tüketimi, Nüfus Yoğunluğu ve Finansal Gelişmenin CO2 Salımına Etkisi: Türkiye Örneği. Uluslararası İktisadi ve İdari İncelemeler Dergisi, s.303-318.
  • Pesaran, M. H. (2004). General Diagnostic Tests for Cross Section Dependence in Panels. Cambridge Working Papers in Economics No. 435, University of Cambridge, and CESifo Working Paper Series No. 1229.
  • Pesaran, M. H., Ullah, A. & Yamagata, T. (2008). A Bias‐Adjusted LM Test of Error Cross‐Section Independence. The Econometrics Journal, 11(1), s.105-127.
  • Sagar, A. D., & Van der Zwaan, B. (2006). Technological Innovation in the Energy Sector: R&D, Deployment, and Learning-by-Doing. Energy Policy, 34(17), s.2601-2608.
  • Shahbaz, M., Loganathan, N., Zeshan, M. & Zaman, K. (2015). Does Renewable Energy Consumption add in Economic Growth? An Application of Auto-Regressive Distributed Lag Model in Pakistan. Renewable and Sustainable Energy Reviews, 44, s.576-585.
  • Shahbaz, M., Rasool, G., Ahmed, K. & Mahalik, M. K. (2016). Considering the Effect of Biomass Energy Consumption on Economic Growth: Fresh Evidence from BRICS Region. Renewable and Sustainable Energy Reviews, 60, s.1442-1450.
  • Statisca (2021). Cumulative Hydropower Capacity Worldwide in 2019, by major country. https://www.statista.com/statistics/474652/ global-total-hydropower-capacity-in-major-countries/
  • Swamy, P. A. (1970). Efficient Inference in a Random Coefficient Regression Model. Econometrica: Journal of the Econometric Society, s.311-323.
  • Tang C.F. (2008) A Re-Examination of the Role of FDI and Exports in Malaysia’s Economic Growth: A Time Series Analysis, 1970-2006. International Journal of Management Studies, 15, s.47-67.
  • Tiftikçigil, B. Y. & Burak, G. Ü. R. I. (2018). Does Middle Income Trap Exist?: Evidence from Emerging Economies: E7 Countries for 1969-2015. Revista Galega de Economia, 27(1), s.145-158.
  • Ummalla, M. & Samal, A. (2018). The Impact of Hydropower Energy Consumption on Economic Growth And CO2 Emissions in China. Environmental Science and Pollution Research, 25(35), s.35725-35737.
  • World Research Institute (2020). Building a 100 Percent Clean Economy: Opportunities for an Equitable, Low-Carbon Recovery. https://files.wri.org/s3fs-public/building-100-percent-clean-economy-opportunities-equitable-low-carbon-recovery.pdf
  • Yilanci, V. & Ozgur, O. (2019). Testing the Environmental Kuznets Curve for G7 Countries: Evidence from a Bootstrap Panel Causality Test in Rolling Windows. Environmental Science and Pollution Research, 26(24), s.24795-24805.
  • Yildirim, E., Saraç, Ş. & Aslan, A. (2012). Energy Consumption and Economic Growth in the USA: Evidence from Renewable Energy. Renewable and Sustainable Energy Reviews, 16(9), s.6770-6774.
  • Yurtkuran, S. & Terzi, H. (2018). Çevresel Kuznets Eğrisinin Ampirik Olarak Analizi: Meksika örneği. Uluslararası İktisadi ve İdari İncelemeler Dergisi, (20), s.267-284.
  • Zellner, A. (1962). An Efficient Method of Estimating Seemingly Unrelated Regressions and Tests for Aggregation Bias. Journal of the American statistical Association, 57(298), s.348-368.
There are 38 citations in total.

Details

Primary Language Turkish
Journal Section Research Articles
Authors

Süleyman Yurtkuran

Publication Date July 30, 2021
Submission Date March 24, 2021
Published in Issue Year 2021 Volume: 21 Issue: 2

Cite

APA Yurtkuran, S. (2021). SEÇİLMİŞ E7 ÜLKELERİNDE HİDROELEKTRİK ENERJİ TÜKETİMİ İLE EKONOMİK BÜYÜME ARASINDAKİ İLİŞKİ. Abant Sosyal Bilimler Dergisi, 21(2), 79-99. https://doi.org/10.11616/basbed.vi.902773
AMA Yurtkuran S. SEÇİLMİŞ E7 ÜLKELERİNDE HİDROELEKTRİK ENERJİ TÜKETİMİ İLE EKONOMİK BÜYÜME ARASINDAKİ İLİŞKİ. ASBİ. July 2021;21(2):79-99. doi:10.11616/basbed.vi.902773
Chicago Yurtkuran, Süleyman. “SEÇİLMİŞ E7 ÜLKELERİNDE HİDROELEKTRİK ENERJİ TÜKETİMİ İLE EKONOMİK BÜYÜME ARASINDAKİ İLİŞKİ”. Abant Sosyal Bilimler Dergisi 21, no. 2 (July 2021): 79-99. https://doi.org/10.11616/basbed.vi.902773.
EndNote Yurtkuran S (July 1, 2021) SEÇİLMİŞ E7 ÜLKELERİNDE HİDROELEKTRİK ENERJİ TÜKETİMİ İLE EKONOMİK BÜYÜME ARASINDAKİ İLİŞKİ. Abant Sosyal Bilimler Dergisi 21 2 79–99.
IEEE S. Yurtkuran, “SEÇİLMİŞ E7 ÜLKELERİNDE HİDROELEKTRİK ENERJİ TÜKETİMİ İLE EKONOMİK BÜYÜME ARASINDAKİ İLİŞKİ”, ASBİ, vol. 21, no. 2, pp. 79–99, 2021, doi: 10.11616/basbed.vi.902773.
ISNAD Yurtkuran, Süleyman. “SEÇİLMİŞ E7 ÜLKELERİNDE HİDROELEKTRİK ENERJİ TÜKETİMİ İLE EKONOMİK BÜYÜME ARASINDAKİ İLİŞKİ”. Abant Sosyal Bilimler Dergisi 21/2 (July 2021), 79-99. https://doi.org/10.11616/basbed.vi.902773.
JAMA Yurtkuran S. SEÇİLMİŞ E7 ÜLKELERİNDE HİDROELEKTRİK ENERJİ TÜKETİMİ İLE EKONOMİK BÜYÜME ARASINDAKİ İLİŞKİ. ASBİ. 2021;21:79–99.
MLA Yurtkuran, Süleyman. “SEÇİLMİŞ E7 ÜLKELERİNDE HİDROELEKTRİK ENERJİ TÜKETİMİ İLE EKONOMİK BÜYÜME ARASINDAKİ İLİŞKİ”. Abant Sosyal Bilimler Dergisi, vol. 21, no. 2, 2021, pp. 79-99, doi:10.11616/basbed.vi.902773.
Vancouver Yurtkuran S. SEÇİLMİŞ E7 ÜLKELERİNDE HİDROELEKTRİK ENERJİ TÜKETİMİ İLE EKONOMİK BÜYÜME ARASINDAKİ İLİŞKİ. ASBİ. 2021;21(2):79-9.

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