GELİŞMEKTE OLAN ÜLKELERDE ENERJİ TÜKETİMİ, KARBON EMİSYONU VE EKONOMİK BÜYÜME İLİŞKİSİNİN ARDL YAKLAŞIMI İLE İNCELENMESİ

Bu çalışmanın amacı karbon emisyonu, enerji tüketimi, finansal gelişmişlik, ticaret (dışa açıklık) ileekonomik büyüme arasında kısa ve uzun dönem nedensellik ilişkisini 22 gelişmekte olan ülke için1990-2014 yıllarına ait verileri kullanarak incelemektir. Uzun dönem ARDL tahminleri Kazakistan,Makedonya ve Güney Afrika’da enerji tüketiminin ekonomik büyümeyi pozitif yönde etkilediğiniortaya koymaktadır. Karbon emisyonundaki artışın büyümeyi olumsuz etkilediği ülkeler ise Brezilya,İran, Ürdün, Kazakistan, Malezya, Peru, Romanya, Güney Afrika, Tayland ve Tunus’tur. Finansalgelişmişlik Azerbaycan, İran, Kazakistan, Romanya, Güney Afrika ülkelerinde ekonomik büyümeyipozitif etkilemektedir. Ekonomik büyümenin karbon emisyonunu negatif etkilediği ülkeler ise Bosna-Hersek, Brezilya, Ürdün, Makedonya, Meksika, Peru, Romanya ve Tayland’dır. Granger nedenselliktestine göre enerji-büyüme hipotezleri bakımından, Malezya ve Tunus’ta büyüme hipotezinin, Bosna-Hersek, Kazakistan ve Sırbistan’da koruma hipotezinin, Tayland’da geribildirim hipotezinin ve diğerülkelerde ise tarafsızlık hipotezinin geçerli olduğu tespit edilmiştir.

THE INVESTIGATION OF RELATION AMONG ENERGY GROWTH, CARBON EMISSIONS AND ECONOMIC GROWTH FOR DEVELOPING COUNTRIES WITH ARDL APPROACH

The aim of the study is to investigate the relation among carbon emission, energy consumption, financial development, trade openness and economic growth for 22-developing countries for the period of 1990- 2014 in short run and long run. Long term ARDL results shows that energy consumption positively impacts economic growth in Kazakhstan, Macedonia and South Africa. Carbon emissions negatively affect economic growth in Brazil, Iran, Jordan, Kazakhstan, Malaysia, Peru, Romania, South Africa, Thailand and Tunisia. In Azerbaijan, Iran, Kazakhstan, Romania, South Africa, financial development positively affects economic growth. In Bosnia and Herzegovina, Brazil, Jordan, Macedonia, Mexico, Peru, Romania and Thailand, carbon emission has negative impact on economic growth. As a result of Granger causality test, growth hypothesis in Malaysia and Tunisia, conservative hypothesis in Bosnia and Herzegovina, Kazakhstan and Serbia, feedback hypothesis in Thailand and neutrality hypothesis in other countries has been determined to be valid.

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