Türkiye’de Enerji Tüketimi ile Finansal Gelişmişlik, Ekonomik Büyüme ve Doğrudan Yabancı Yatırım Arasındaki İlişki

Mehmet Dinç; Özlem Gül Dinç

doi:10.37880/cumuiibf.869479

TR EN

Türkiye’de Enerji Tüketimi ile Finansal Gelişmişlik, Ekonomik Büyüme ve Doğrudan Yabancı Yatırım Arasındaki İlişki

Öz

Enerji hem gelişmiş ülkeler hem de gelişmekte olan ve az gelişmiş ülkeler açısından büyük önem arz eden bir kavramdır. Özellikle Türkiye gibi gelişmekte olan ülkelerin yüksek ekonomik büyüme trendi yakalayabilmesi için gerekli olan en temel faktör diyebiliriz. Bu kapsamda çalışmanın amacı enerji tüketimi ile finansal gelişmişlik, gayri safi yurtiçi hasıla ve doğrudan yabancı yatırımlar arasındaki ilişkiyi incelemektir. Çalışmada Türkiye’nin 1970-2015 dönemini kapsayan veri seti kullanılmıştır. Çalışmada yapısal kırılmayı dikkate alan birim kök ve eşbütünleşme testleri ile birlikte Toda ve Yamamoto nedensellik testi kullanılmıştır. Ardından değişkenlerin durağanlık düzeylerinin ve değişkenler arası uzun dönem ilişkinin önemli olmadığı nedensellik testi kullanılmıştır. Elde edilen bulgulara göre, finansal gelişmişliğin enerji tüketimini, gayri safi yurtiçi hasılayı ve doğrudan yabancı yatırımları etkilediği sonucu elde edilmiştir. Ayrıca enerji tüketiminin ve gayri safi yurtiçi hasılanın doğrudan yabancı yatırımları etkilediği tespit edilmiştir. Bu sonuçlar politika yapıcılara finansal gelişmişliğin iyileştirilmesine yönelik atılacak adımların diğer sektörleri de olumlu yönde etkileyeceği bilgisini vermektedir.

Anahtar Kelimeler

The Relationship Between Energy Consumption and Financial Development, Economic Growth and Foreign Direct Investment in Turkey

Abstract

Energy is a concept of great importance for both developed countries and developing and less developed countries. Especially in developing countries such as Turkey, we can say that the main factors required to capture the trend of high economic growth. In this context, the aim of the study is to examine the relationship between energy consumption and financial development, gross domestic product and foreign direct investments. In the study were used the data set of Turkey covering the period 1970-2015. We use Toda and Yamamoto causality tests together with take structural breaks into account unit root tests and cointegration tests in the study. Next, we use a causality test where the stationarity levels of variables and the long-term relationship between variables are not important. According to the findings, it is concluded that financial development affects energy consumption, gross domestic product and foreign direct investments. In addition, it has been determined that energy consumption and gross domestic product affect foreign direct investments. These results inform policy makers that the steps to be taken to improve financial development will positively affect other sectors.

Keywords

References

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Details

Primary Language

Turkish

Subjects

Economics

Journal Section

Research Article

Authors

Mehmet Dinç ^*
0000-0002-9864-8117
Türkiye

Özlem Gül Dinç
0000-0003-4237-0088
Türkiye

Publication Date

November 8, 2021

Submission Date

January 27, 2021

Acceptance Date

June 9, 2021

Published in Issue

Year 2021 Volume: 22 Number: 2

DOI

https://doi.org/10.37880/cumuiibf.869479

IZ

https://izlik.org/JA34YC54PH

Cite

RIS / Bibtex

APA

Dinç, M., & Dinç, Ö. G. (2021). Türkiye’de Enerji Tüketimi ile Finansal Gelişmişlik, Ekonomik Büyüme ve Doğrudan Yabancı Yatırım Arasındaki İlişki. Cumhuriyet Üniversitesi İktisadi Ve İdari Bilimler Dergisi, 22(2), 30-49. https://doi.org/10.37880/cumuiibf.869479

Cited By

The Effects of Energy Consumption and Foreign Direct Investments on Economic Growth in Türkiye: Fourier-Shin Cointegration Test

TESAM Akademi Dergisi

https://doi.org/10.30626/tesamakademi.1387796