Abstract
The aim of this study is to investigate the long-term relationship between energy
consumption and globalization in Turkey from 1987 to 2018. In this context, the cointegration test
developed by Johansen and Juselius (1990) is applied. The relationship between variables is tested
with Granger causality based on VECM for the short term. For the long-run coefficients, the Dynamic
Least Squares (DOLS) and Fully Modified Ordinary Least Squares Method (FMOLS) were used.The
findings show that there is a cointegration relationship between energy consumption and globalization
in the long run. However, it was determined that there was no causal relationship in the short term.
These findings are in accordance with the nature of globalization and its relationship with energy.
Finally, the DOLS and FMOLS results reveal that globalization positively affects energy consumption
Keywords
References
- Ahmet, Y. (2016). Haydar ALİYEV Dönemi Azerbaycan-Türkiye Askeri İşbirliği ve Eğitim Faaliyetleri (1993-2003).“Ulu Öndər Heydər Əliyev Irsində Multikultural Ve Tolerant Dəyərlər” VII Beynəlxalq Elmi Konfransı, Slavyan Universiteti, Bakı, 3-5 May 2016. S.62-64, s.62–64.
- Akıncı, M., Aktürk, E. ve Yılmaz, Ö. (2013). Petrol Fiyatları ile Ekonomik Büyüme Arasındaki İlişki: Opec ve Petrol İthalatçısı Ülkeler İçin Zaman Serisi Analizi/The Relationship Between Oil Prices and Economic Growth: Time Series Analysis for the Opec and Oil-Imported Countries. Atatürk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 17(1), 349–362.
- Alper, A. E. (2018). Enerji Tüketiminde Küreselleşmenin Rolü. Suleyman Demirel University Journal Of Faculty Of Economics & Administrative Sciences, 23.
- Bekhet, H. A., Matar, A., & Yasmin, T. (2017). CO2 emissions, energy consumption, economic growth, and financial development in GCC countries: Dynamic simultaneous equation models. Renewable and Sustainable Energy Reviews, 70, 117-132.
- Brown, R. L., Durbın, J., Ve Evans, J. M. (1975), “Techniques For Testing The Constancy Of Regression Relations Over Time”, Journal Of Royal Statistical Society. 37 (Series B), 149-163.
- Burbidge, J. ve Harrison, A. (1984). Testing for the effects of oil-price rises using vector autoregressions. International Economic Review, 459–484.
- Can, M. ve Doğan, B. (2016). Küreselleşme ve Enerji Tüketimi İlişkisi: Türkiye Örnekleminde Eşbütünleşme Analizi. Maliye Dergisi, (170), 59–70.
- Emeç, A. S., & Yarbaşı, İ. Y. (2018). Ticari Dışa Açıklık İle Enerji Tüketimi Arasındaki Simetrik Ve Asimetrik Nedensellik İlişkisi: Türkiye Örneği. Erzurum Teknik Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 3(6), 193-206
- Ellwood, W. (2002). Metis Yayınları. İstanbul: Metis Yayınları. Harris, R., & Sollis, R. (2003). Applied time series modelling and forecasting. Wiley
- Huang, Z., Zhang, H. ve Duan, H. (2020). How will globalization contribute to reduce energy consumption? Energy, 213, 118825. doi:https://doi.org/10.1016/j.energy.2020.118825
- Kasman, A., & Duman, Y. S. (2015). CO2 emissions, economic growth, energy consumption, trade and urbanization in new EU member and candidate countries: a panel data analysis. Economic modelling, 44, 97-103.
- Keskingöz, H., & İnançlı, S. (2016). Türkiye’de Finansal Gelişme Ve Enerji Tüketimi Arasında Nedensellik İlişkisi: 1960-2011 Dönemi. Eskişehir Osmangazi Üniversitesi İktisadi Ve İdari Bilimler Dergisi, 11(3), 101-114.
- Kıvılcım, F. (2013). Küreselleşme Kavramı Ve Küreselleşme Sürecinin Gelişmekte Olan Ülke Türkiye Açısından Değerlendirilmesi. Sosyal ve Beşeri Bilimler Dergisi, 5(1), 219–230.
- Nye, J. S. ve Donahue, J. D. (2000). Governance in a globalizing world. Brookings Institution Press.
- Odhiambo, N. M. (2009). Energy consumption and economic growth nexus in Tanzania: An ARDL bounds testing approach. Energy policy, 37(2), 617-622.
- Öztürk, Y. K. (2018). Dünya İktisat Tarihinde, Dünya Ticaret Örgütü’nün Yeri Ve Önemi. Electronic Turkish Studies, 13(22).
- Pesaran, M. H., & Shin, Y. (1998). An autoregressive distributed-lag modelling approach to cointegration analysis. Econometric Society Monographs, 31, 371-413.
- Pesaran, M. H., Shin, Y., & Smith, R. J. (2001). Bounds testing approaches to the analysis of level relationships. Journal of applied econometrics, 16(3), 289-326.
- Riti, J. S., Shu, Y., Song, D., & Kamah, M. (2017). The contribution of energy use and financial development by source in climate change mitigation process: a global empirical perspective. Journal of cleaner production, 148, 882-894.
- Saint Akadiri, S., Alkawfi, M. M., Uğural, S., & Akadiri, A. C. (2019). Towards achieving environmental sustainability target in Italy. The role of energy, real income and globalization. Science of The Total Environment, 671, 1293-1301.
- Saud, S., & Chen, S. (2018). An empirical analysis of financial development and energy demand: establishing the role of globalization. Environmental Science and Pollution Research, 25(24), 24326-24337.
- Sebri, M., & Ben-Salha, O. (2014). On The Causal Dynamics Between Economic Growth, Renewable Energy Consumption, CO2 Emissions And Trade Openness: Fresh Evidence From BRICS Countries. Renewable And Sustainable Energy Reviews, 39, 14-23.
- Shahbaz, M., Lahiani, A., Abosedra, S. ve Hammoudeh, S. (2018). The role of globalization in energy consumption: A quantile cointegrating regression approach. Energy Economics, 71, 161–170. doi:https://doi.org/10.1016/j.eneco.2018.02.009
- Shahbaz, M., Mallick, H., Mahalik, M. K. ve Sadorsky, P. (2016). The role of globalization on the recent evolution of energy demand in India: Implications for sustainable development. Energy Economics, 55, 52–68. doi:https://doi.org/10.1016/j.eneco.2016.01.013
- Steger, M. B. (2017). Globalization: A very short introduction (C. 86). Oxford University Press.
- Wallerstein, I. (2011). The modern world-system I: Capitalist agriculture and the origins of the European world-economy in the sixteenth century (C. 1). Univ of California Press.
- Weinstein, M. . (Ed.). (2005). Globalization: what’s new (Vol. 2.). New York: Columbia University Press.
Abstract
Bu çalışmanın amacı Türkiye’deki enerji tüketimi ve küreselleşme arasındaki uzun dönemli ilişkiyi 1987-2018 dönemi için araştırmaktır. Bu bağlamda Johansen ve Juselius (1990) tarafından geliştirilen eşbütünleşme testine başvurulmaktadır. Değişkenler arasındaki ilişki kısa dönem için VECM'ye bağlı Granger nedensellik ile sınanmaktadır. Uzun dönem katsayıları için ise Dinamik En Küçük Kareler (DOLS) ve Modifiye Edilmiş Sıradan En Küçük Kareler Yöntemi (FMOLS) kullanılıştır. Elde edilen bulgular, enerji tüketimi ile küreselleşme arasında uzun dönemde bir eşbütünleşme ilişkisinin bulunduğunu göstermektedir. Bununla birlikte kısa dönemde ise herhangi bir nedensel ilişkinin söz konusu olmadığı tespit edilmiştir. Bu bulgular küreselleşmenin doğasına ve enerjiyle olan ilişkisine uygun sonuçlardır. Son olarak DOLS ve FMOLS sonuçları ise küreselleşmenin enerji tüketimini pozitif etkilediğini ortaya koymaktadır.
References
- Ahmet, Y. (2016). Haydar ALİYEV Dönemi Azerbaycan-Türkiye Askeri İşbirliği ve Eğitim Faaliyetleri (1993-2003).“Ulu Öndər Heydər Əliyev Irsində Multikultural Ve Tolerant Dəyərlər” VII Beynəlxalq Elmi Konfransı, Slavyan Universiteti, Bakı, 3-5 May 2016. S.62-64, s.62–64.
- Akıncı, M., Aktürk, E. ve Yılmaz, Ö. (2013). Petrol Fiyatları ile Ekonomik Büyüme Arasındaki İlişki: Opec ve Petrol İthalatçısı Ülkeler İçin Zaman Serisi Analizi/The Relationship Between Oil Prices and Economic Growth: Time Series Analysis for the Opec and Oil-Imported Countries. Atatürk Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 17(1), 349–362.
- Alper, A. E. (2018). Enerji Tüketiminde Küreselleşmenin Rolü. Suleyman Demirel University Journal Of Faculty Of Economics & Administrative Sciences, 23.
- Bekhet, H. A., Matar, A., & Yasmin, T. (2017). CO2 emissions, energy consumption, economic growth, and financial development in GCC countries: Dynamic simultaneous equation models. Renewable and Sustainable Energy Reviews, 70, 117-132.
- Brown, R. L., Durbın, J., Ve Evans, J. M. (1975), “Techniques For Testing The Constancy Of Regression Relations Over Time”, Journal Of Royal Statistical Society. 37 (Series B), 149-163.
- Burbidge, J. ve Harrison, A. (1984). Testing for the effects of oil-price rises using vector autoregressions. International Economic Review, 459–484.
- Can, M. ve Doğan, B. (2016). Küreselleşme ve Enerji Tüketimi İlişkisi: Türkiye Örnekleminde Eşbütünleşme Analizi. Maliye Dergisi, (170), 59–70.
- Emeç, A. S., & Yarbaşı, İ. Y. (2018). Ticari Dışa Açıklık İle Enerji Tüketimi Arasındaki Simetrik Ve Asimetrik Nedensellik İlişkisi: Türkiye Örneği. Erzurum Teknik Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 3(6), 193-206
- Ellwood, W. (2002). Metis Yayınları. İstanbul: Metis Yayınları. Harris, R., & Sollis, R. (2003). Applied time series modelling and forecasting. Wiley
- Huang, Z., Zhang, H. ve Duan, H. (2020). How will globalization contribute to reduce energy consumption? Energy, 213, 118825. doi:https://doi.org/10.1016/j.energy.2020.118825
- Kasman, A., & Duman, Y. S. (2015). CO2 emissions, economic growth, energy consumption, trade and urbanization in new EU member and candidate countries: a panel data analysis. Economic modelling, 44, 97-103.
- Keskingöz, H., & İnançlı, S. (2016). Türkiye’de Finansal Gelişme Ve Enerji Tüketimi Arasında Nedensellik İlişkisi: 1960-2011 Dönemi. Eskişehir Osmangazi Üniversitesi İktisadi Ve İdari Bilimler Dergisi, 11(3), 101-114.
- Kıvılcım, F. (2013). Küreselleşme Kavramı Ve Küreselleşme Sürecinin Gelişmekte Olan Ülke Türkiye Açısından Değerlendirilmesi. Sosyal ve Beşeri Bilimler Dergisi, 5(1), 219–230.
- Nye, J. S. ve Donahue, J. D. (2000). Governance in a globalizing world. Brookings Institution Press.
- Odhiambo, N. M. (2009). Energy consumption and economic growth nexus in Tanzania: An ARDL bounds testing approach. Energy policy, 37(2), 617-622.
- Öztürk, Y. K. (2018). Dünya İktisat Tarihinde, Dünya Ticaret Örgütü’nün Yeri Ve Önemi. Electronic Turkish Studies, 13(22).
- Pesaran, M. H., & Shin, Y. (1998). An autoregressive distributed-lag modelling approach to cointegration analysis. Econometric Society Monographs, 31, 371-413.
- Pesaran, M. H., Shin, Y., & Smith, R. J. (2001). Bounds testing approaches to the analysis of level relationships. Journal of applied econometrics, 16(3), 289-326.
- Riti, J. S., Shu, Y., Song, D., & Kamah, M. (2017). The contribution of energy use and financial development by source in climate change mitigation process: a global empirical perspective. Journal of cleaner production, 148, 882-894.
- Saint Akadiri, S., Alkawfi, M. M., Uğural, S., & Akadiri, A. C. (2019). Towards achieving environmental sustainability target in Italy. The role of energy, real income and globalization. Science of The Total Environment, 671, 1293-1301.
- Saud, S., & Chen, S. (2018). An empirical analysis of financial development and energy demand: establishing the role of globalization. Environmental Science and Pollution Research, 25(24), 24326-24337.
- Sebri, M., & Ben-Salha, O. (2014). On The Causal Dynamics Between Economic Growth, Renewable Energy Consumption, CO2 Emissions And Trade Openness: Fresh Evidence From BRICS Countries. Renewable And Sustainable Energy Reviews, 39, 14-23.
- Shahbaz, M., Lahiani, A., Abosedra, S. ve Hammoudeh, S. (2018). The role of globalization in energy consumption: A quantile cointegrating regression approach. Energy Economics, 71, 161–170. doi:https://doi.org/10.1016/j.eneco.2018.02.009
- Shahbaz, M., Mallick, H., Mahalik, M. K. ve Sadorsky, P. (2016). The role of globalization on the recent evolution of energy demand in India: Implications for sustainable development. Energy Economics, 55, 52–68. doi:https://doi.org/10.1016/j.eneco.2016.01.013
- Steger, M. B. (2017). Globalization: A very short introduction (C. 86). Oxford University Press.
- Wallerstein, I. (2011). The modern world-system I: Capitalist agriculture and the origins of the European world-economy in the sixteenth century (C. 1). Univ of California Press.
- Weinstein, M. . (Ed.). (2005). Globalization: what’s new (Vol. 2.). New York: Columbia University Press.
Details
| Primary Language | Turkish |
|---|---|
| Journal Section | Makaleler |
| Authors | |
| Publication Date | August 31, 2021 |
| Acceptance Date | May 31, 2021 |
| Published in Issue | Year 2021 Issue: 59 |
Cited By
Konut Alanlarının Sürdürülebilir Tasarımında Yapıların Güneşten Optimum Yararlanmasına Göre Konumlandırılması
JENAS Journal of Environmental and Natural Studies
https://doi.org/10.53472/jenas.1160961
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