D-8 Ülkelerinde Biyokütle Enerjisi Tüketimi ile Ekonomik Büyüme Arasındaki İlişki

Çalışmada,1980-2013 yılları arasında D-8 ülkeleri (Gelişen Sekiz Ülke) için biyokütleenerji tüketimi ile ekonomik büyüme arasındaki ilişki ele alınmaktadır. Serilerarasında uzun dönem ilişkisi olup olmadığını analiz etmek için panel birim kök,eşbütünleşme ve nedensellik testleri kullanılmaktadır. Bu analizlerin sonucundadeğişkenler arasında uzun dönemli bir ilişkinin olduğu görülmektedir. Ardındaneşbütünleşik seriler OLS, DOLS ve FMOLS tahmincileri ile tahmin edilmekte vedaha sonra etki-tepki analizi yapılmaktadır. Elde edilen analiz sonuçlarınagöre, biyokütle enerji tüketimindenekonomik büyümeye doğru tek yönlü bir nedensellik ilişkisi ortaya çıkmaktadır.Ayrıca, biyokütle enerji tüketimi ile ekonomik büyüme arasında uzun dönemdepozitif ve istatistiksel olarak anlamlı bir ilişki bulunmaktadır. Bu bağlamda,hükümetlerin biyokütle enerji kullanımına dönük yapılacak yatırım veprojelerinin ekonomik büyümeyi olumlu yönde etkileyeceği görülmektedir.

The Relationship Between Biomass Energy Consumption and Economic Growth in D-8 Countries

In the study, in the period of 1980-2013, the relationship between biomass energy consumption and economic growth in D-8 countries (Developing Eight Countries) is discussed. Panel unit root, cointegration and causality tests are used to analyze whether there is a long-term relationship between the series. As a result of these analyzes, it seems that there is a long-term relationship between the variables. The cointegrated series are then estimated by OLS, DOLS and FMOLS estimators and then impulse-response analysis is performed. According to the obtained analysis results, a one-way causality relationship occurs from biomass energy consumption to economic growth. In addition, there is a long-term positive and statistically significant relationship between biomass energy consumption and economic growth. In this context, it is seen that governments' investment and projects towards biomass energy use will affect economic growth positively.

PDF

___

Altinay, G., & Karagol, E. (2004). Structural break, unit root, and the causality between energy consumption and GDP in Turkey. Energy Economics, 26(6), 985-994. http://dx.doi.org/10.1016/j.eneco.2004.07.001
Apergis, N., & Payne, J. E. (2010). Energy consumption and growth in South America: Evidence from a panel error correction model. Energy Economics, 32(6), 1421-1426. http://dx.doi.org/10.1016/j.eneco.2010.04.006
Aslan, A. (2016). The causal relationship between biomass energy use and economic growth in the United States. Renewable and Sustainable Energy Reviews, 57, 362– 366.
Aydın, C., & Esen, O. (2016). Threshold effects of energy consumption on economic growth in Turkey. Journal of Environmental Management and Tourism, 7(3), 370- 382. http://dx.doi.org/10.14505/jemt.v7.3(15).02
Aydın, C., & Esen, Ö. (2017). Does Too Much Energy Consumption Harm Economic Growth for Turkish Republics in The Transition Process? New Evidence on Threshold Effects. International Journal of Energy Economics and Policy, 7(2), 34-43.
Aydın, F.F. (2013). CO 2 emissions, renewable energy consumption, population density and economic growth in G7 countries. The Journal of Knowledge Economy & Knowledge Management, VIII(II), 89-104.
Bhattacharya, M., Paramati, S.R., Ozturk, İ., & Bhattacharya, S. (2016). The Effect of Renewable Energy Consumption on Economic Growth: Evidence from Top 38 Countries. Applied Energy, 162, 733-741.
Bildirici, M. (2014). Relationship between biomass energy and economic growth in transition countries: panel ARDL approach. GCB Bioenergy, 6(6), 717–726.
Bildirici, M. (2016). Biomass energy consumption and economic growth: ARDL analysis, Energy Sources, Part B: Economics, Planning, and Policy, 11 (6), 562-568.
Bildirici, M., & Özaksoy, F. (2016). Woody biomass energy consumption and economic growth in Sub-Saharan Africa. Procedia Economics and Finance, 38, 287–293.
Bilgili, F., & Özturk, İ. (2015). Biomass energy and economic growth nexus in G7 countries: Evidence from dynamic panel data. Renewable and Sustainable Energy Reviews, 49, 132-138.
Breitung, J. (2000). The local power of some unit root tests for panel data. In Nonstationary Panels, Panel Cointegration, and Dynamic Panels. Baltagi B. (ed.). Advances in Econometrics 15 Amsterdam: JAI Press; 161–178.
Dış İşleri Bakanlığı (2018). Gelişen Sekiz Ülke (D-8). (Erişim Tarihi: 10.02.2018), http://www.mfa.gov.tr/ gelisen-sekiz-ulke-_d-8_.tr.mfa
Dumitrescu, E.I., & Hurlin, C. (2012). Testing for Granger non-causality in heterogeneous panels. Economic Modelling, 29 (4), 1450-1460.
Esen, Ö., & Bayrak, M. (2017). Does more energy consumption support economic growth in net energy- importing countries?. Journal of Economics, Finance and Administrative Science, 22(42), 75-98. https://doi.org/10.1108/JEFAS-01-2017-0015
Herrerias, M. J., Joyeux, R., & Girardin, E. (2013). Short- and long-run causality between energy consumption and economic growth: Evidence across regions in China. Applied Energy, 112, 1483-1492.
Im, K. S., Pesaran, M. H., & Shin, Y. (2003). Testing for unit roots in heterogeneous panels. Journal of econometrics, 115(1), 53-74.
Levin, A., Lin, C. F., & Chu, C. S. J. (2002). Unit root tests in panel data: asymptotic and finite-sample properties. Journal of econometrics, 108(1), 1-24.
Maddala, G. S., & Wu, S. (1999). A comparative study of unit root tests with panel data and a new simple test. Oxford Bulletin of Economics and statistics, 61(S1), 631-652
Menegaki, A. N., & Tugcu, C. T. (2017). Energy consumption and Sustainable Economic Welfare in G7 countries; A comparison with the conventional nexus. Renewable and Sustainable Energy Reviews, 69, 892-901.
Menegaki, A.N. (2011). Growth and renewable energy in Europe: A random effect model with evidence for neutrality hypothesis. Energy Economics, 3(2), 257-263.
Özşahin, Ş., Mucuk, M., & Gerçeker, M. (2016). Yenilenebilir enerji ve ekonomik büyüme arasındaki ilişki: BRICS-T ülkeleri üzerine Panel ARDL analizi. Siyaset, Ekonomi ve Yönetim Araştırmaları Dergisi, 4 (4), 111-130.
Payne, J.E. (2011). On biomass energy consumption and real output in the US. Energy Sources, Part B: Economics, Planning, and Policy, 6(1), 47-52.
Sadorsky, P. (2009). Renewable energy consumption and income in emerging economies. Energy Policy, 37 (10), 4021–4028.
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, 1442-1450.
Soytas, U., & Sari, R. (2003). Energy consumption and GDP: causality relationship in G-7 countries and emerging markets. Energy Economics, 25(1), 33-37. https://doi.org/10.1016/S0140-9883(02)00009-9
Stern, D. I. (2000). Multivariate Cointegration Analysis of the Role of Energy in the US Macroeconomy. Energy Economics, 22(2), 267–283. http://dx.doi.org/10.1016/S0140-9883(99)00028-6
Yenilenebilir Enerji Genel Müdürlüğü (2017). Biyokütle Enerjisi Nedir?. (Erişim Tarihi: 15.02.2017), http://www.eie.gov.tr/yenilenebilir/biyokutle_enerjisi.as px