FİNANSAL GELİŞMENİN VE ENERJİ TÜKETİMİNİN KARBONDİOKSİT EMİSYONLARI ÜZERİNDEKİ ETKİSİNİN ÇEVRESEL KUZNETZ EĞRİSİ ÇERÇEVESİNDE DEĞERLENDİRİLMESİ

Küresel iklim değişikliği insanlığı tehdit eden en önemli sorunlardan biri konumundadır. Bilimsel araştırmalar, iklim değişikliğine ve küresel ısınmaya neden olan sera gazı emisyonlarının en önemli kaynağının karbon dioksit (CO2) emisyonları olduğuna işaret etmektedir. Bu çalışmada G7 ülkelerinde finansal gelişmişlik ve karbon emisyonları arasındaki ilişki ÇKE hipotezi çerçevesinde yatay kesit bağımlılığını ve eğim heterojenliğini dikkate alan yeni panel veri tahmincileri kullanılarak araştırılmaktadır. Çalışmada, çevresel bozulmanın ölçütü olarak kişi başına düşen karbon emisyonu, finansal gelişmeyi temsilen ise yurtiçi kredi hacmi kullanılmıştır. Elde edilen bulgular, finansal gelişmenin ve enerji tüketiminin karbon emisyonlarına önemli ölçüde katkıda bulunduğunu göstermektedir. Son olarak, çevre ekonomisi literatüründe önemli bir yeri olan ÇKE hipotezi G7 ülkeleri için test edilmiş; hipotezin panelin geneli için geçerli olmasa da, statik modelde 2 ülke ve dinamik modelde üç ülke için geçerli olduğu sonucuna ulaşılmıştır.

Anahtar Kelimeler:

Çevre Kuznets Eğrisi, Çevre, Enerji, Finansal Gelişme, CO2 Emisyonları

THE IMPACT OF FINANCIAL DEVELOPMENT AND ENERGY CONSUMPTION ON CARBON DIOXIDE EMISSIONS IN THE FRAMEWORK OF ENVIRONMENTAL KUZNETZ CURVE

Global climate change is one of the most important challenges that threaten humanity. Scientific research points out that carbon dioxide (CO2) emissions are the most important source of greenhouse gas emissions that cause climate change and global warming. In this study, the relationship between financial development and carbon emissions in G7 countries is investigated by using new panel data estimators that take into consideration cross-section dependence and heterogeneity within the framework of the EKC hypothesis. In this study, the carbon emissions per capita was used to respresent to environmental degradation while the domestic credit was used to represent financial development. The findings show that financial development and energy consumption contribute significantly to carbon emissions. Finally, the EKC hypothesis, which is an important place in the literature of environmental economics, has been tested for G7 countries. Although the hypothesis does not apply to the width of the panel, the static model is concluded that the two countries and the dynamic model are valid for three countries

Keywords:

Environmental Kuznets Curve Environment, Energy, Financial Development, CO2 Emissions, Panel Data,

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