Research Article
BibTex RIS Cite

DO RENEWABLE ENERGY AND ECONOMIC GLOBALIZATION IMPROVE ENVIRONMENTAL QUALITY? EVIDENCE FROM TURKEY FOR SUSTAINABLE DEVELOPMENT

Year 2023, Volume: 3 Issue: 2, 74 - 86, 20.10.2023

Abstract

The study investigates the impact of renewable energy and economic globalization on per capita carbon emissions as an indicator of environmental quality in Turkey from 1980-2020. The study includes unit root, cointegration, and causality analyses based on Fourier functions that allow better modeling of structural breaks. The results show that renewable energy and economic globalization improve environmental quality. Economic globalization contributes more to environmental quality in the long run than renewable energy production. Sustainable development involves ensuring economic growth in the long run as well as limiting its deteriorating impact on environmental conditions. According to the causality analysis, there is no short-run causality relationship between GDP per capita, agricultural production, renewable energy, and globalization to carbon emissions. For sustainable development in Turkey, policymakers can use renewable energy and economic globalization as an anchor in the long-run dynamics instead of short-run dynamics.

References

  • Ahmed, Z., Ahmad, M., Rjoub, H., Kalugina, O. A., & Hussain, N. (2022). Economic growth, renewable energy consumption, and ecological footprint: Exploring the role of environmental regulations and democracy in sustainable development. Sustainable Development, 30(4), 595-605. https://doi.org/10.1002/sd.2251
  • Ali, W., Gohar, R., Hussain Chang, B., & Wong, W.-K. (2022). Revisiting the impacts of globalization, renewable energy consumption, and economic growth on environmental quality in South Asia. Advances in Decision Sciences, 26(3), 1-23.
  • Ansari, M. A., Haider, S., & Masood, T. (2021). Do renewable energy and globalization enhance ecological footprint: an analysis of top renewable energy countries? Environmental Science and Pollution Research, 28, 6719-6732. https://doi.org/10.1007/s11356-020-10786-0/Published
  • Banerjee, P., Arčabić, V., & Lee, H. (2017). Fourier ADL cointegration test to approximate smooth breaks with new evidence from Crude Oil Market. Economic Modelling, 67, 114-124. https://doi.org/10.1016/j.econmod.2016.11.004
  • Becker, R., Enders, W., & Hurn, S. (2001). Modeling Structural Change in Money Demand Using a Fourier-Series Approximation.
  • Becker, R., Enders, W., & Lee, J. (2006). A stationarity test in the presence of an unknown number of smooth breaks. Journal of Time Series Analysis, 27(3), 381-409. https://doi.org/10.1111/j.1467-9892.2006.00478.x
  • Christopoulos, D. K., & León-Ledesma, M. A. (2010). Smooth breaks and non-linear mean reversion: Post-Bretton Woods real exchange rates. Journal of International Money and Finance, 29(6), 1076-1093. https://doi.org/10.1016/j.jimonfin.2010.02.003
  • Çoban, M. N., & Özkan, O. (2022). Çevresel Kuznets eğrisi: Türkiye’de küreselleşme ve ekonomik büyümenin çevre üzerindeki etkisinin yeni dinamik ARDL simülasyon modeli ile incelenmesi. Akademik Hassasiyetler, 9(19), 207-228.
  • Destek, M. A., Ulucak, R., & Dogan, E. (2018). Analyzing the environmental Kuznets curve for the EU countries: the role of ecological footprint. Environmental Science and Pollution Research, 25(29), 29387-29396. https://doi.org/10.1007/s11356-018-2911-4
  • Dickey, D. A., & Fuller, W. A. (1979). Distribution of the Estimators for Autoregressive Time Series With a Unit Root. Içinde Source: Journal of the American Statistical Association (C. 74, Sayı 366).
  • Enders, W., & Jones, P. (2015). Grain Prices, Oil Prices, and Multiple Smooth Breaks in a VAR. Studies in Nonlinear Dynamics & Econometrics, 20(4), 399-419.
  • Engle, R. F., & Granger, C. W. J. (1987). Co-Integration and Error Correction: Representation, Estimation, and Testing (C. 55, Sayı 2). https://about.jstor.org/terms
  • Gregory, A. W., & Hansen, B. E. (1996). Residual-based tests for cointegration in models with regime shifts.
  • Hakimi, A., & Hamdi, H. (2016). Trade liberalization, FDI inflows, environmental quality and economic growth: A comparative analysis between Tunisia and Morocco. Içinde Renewable and Sustainable Energy Reviews (C. 58, ss. 1445-1456). Elsevier Ltd. https://doi.org/10.1016/j.rser.2015.12.280
  • Ilkay, S. C., Yilanci, V., Ulucak, R., & Jones, K. (2021). Technology spillovers and sustainable environment: Evidence from time-series analyses with Fourier extension. Journal of Environmental Management, 294. https://doi.org/10.1016/j.jenvman.2021.113033
  • Kaypak, Ş. (2011). Küreselleşme Sürecinde Sürdürülebilir Bir Kalkınma İçin Sürdürülebilir Bir Çevre. KMÜ Sosyal ve Ekonomi̇k Araştırmalar Dergi̇si , 13(20), 19-33. www.kmu.edu.tr
  • Kirikkaleli, D., Tomiwa, &, Adebayo, S., Khan, Z., & Ali, S. (2021). Does globalization matter for ecological footprint in Turkey? Evidence from dual adjustment approach. Environmental Science and Pollution Research , 28(11), 14009-14017. https://doi.org/10.1007/s11356-020-11654-7/Published
  • Mert, M., & Bölük, G. (2016). Do foreign direct investment and renewable energy consumption affect the CO2 emissions? New evidence from a panel ARDL approach to Kyoto Annex countries. Environmental Science and Pollution Research, 23(21), 21669-21681. https://doi.org/10.1007/s11356-016-7413-7
  • Narayan, P. K., Narayan, S., & Mishra, S. (2011). Do Remittances Induce Inflation? Fresh Evidence from Developing Countries. Southern Economic Journal, 77(4), 914-933. https://doi.org/10.4284/0038-4038-77.4.914
  • Ozcan, B., Danish, & Temiz, M. (2022). An empirical investigation between renewable energy consumption, globalization and human capital: A dynamic auto-regressive distributive lag simulation. Renewable Energy, 193, 195-203. https://doi.org/10.1016/j.renene.2022.05.016
  • Öymen, G., & Ömeroğlu, M. (2020). Yenilenebilir Enerjinin Sürdürülebilirlik Üzerindeki Rolü. İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi, 19(39), 1069-1087. https://doi.org/10.46928/iticusbe.769022
  • Özpolat, A., & Nakıpoğlu Özsoy Ferda. (2021). Yenilenebilir Enerji Kaynakları Çevresel Bozulmayı Azaltıyor Mu? Türkiye Örneği. Akademik Araştırmalar ve Çalışmalar Dergisi (AKAD), 13(24), 49-60. https://doi.org/10.20990/kilisiibfakademik.794600
  • Park, J. Y. (1992). Canonical Cointegrating Regressions. Econometrica, 60(1), 119-143. https://www.jstor.org/stable/2951679
  • Pata, U. K. (2021). Linking renewable energy, globalization, agriculture, CO2 emissions and ecological footprint in BRIC countries: A sustainability perspective. Renewable Energy, 173, 197-208. https://doi.org/10.1016/j.renene.2021.03.125
  • Pata, U. K., & Yilanci, V. (2020). Financial development, globalization and ecological footprint in G7: further evidence from threshold cointegration and fractional frequency causality tests. Environmental and Ecological Statistics, 27(4), 803-825. https://doi.org/10.1007/s10651-020-00467-z
  • Perron, P. (1989). The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (C. 57, Sayı 6).
  • Phillips, P. C. B., & Hansen, B. E. (1990). Statistical Inference in Instrumental Variables Regression with I(1) Processes. The Review of Economic Studies, 57(1), 99-125. https://www.jstor.org/stable/2297545?seq=1&cid=pdf-
  • Radmehr, R., Shayanmehr, S., Ali, E. B., Ofori, E. K., Jasińska, E., & Jasiński, M. (2022). Exploring the Nexus of Renewable Energy, Ecological Footprint, and Economic Growth through Globalization and Human Capital in G7 Economics. Sustainability (Switzerland), 14(19). https://doi.org/10.3390/su141912227
  • Sevüktekin, M., & Çınar, M. (2017). Ekonometrik Zaman Serileri Analizi EViews Uygulamalı. Dora Basım Yayın Dağıtım.
  • Seydiogullari, H. S. (2013). Renewable Energy for Sustainable Development. Journal of Planning, 23(1), 19-25. https://doi.org/10.5505/planlama.2013.14633
  • Shahbaz, M., Mallick, H., Mahalik, M. K., & Loganathan, N. (2015). Does globalization impede environmental quality in India? Ecological Indicators, 52, 379-393. https://doi.org/10.1016/j.ecolind.2014.12.025
  • Sharif, A., Baris-Tuzemen, O., Uzuner, G., Ozturk, I., & Sinha, A. (2020). Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach. Sustainable Cities and Society, 57. https://doi.org/10.1016/j.scs.2020.102138
  • Sims, C. A., Stock, J. H., & Watson, M. W. (1990). Inference in Linear Time Series Models with some Unit Roots. Econometrica: Journal of the Econometric Society, 58(1), 113-144. https://www.jstor.org/stable/2938337
  • Tekbaş, M. (2022). Ekonomik Büyüme ve Ekonomik Küreselleşmenin Çevre Kalitesi Üzerindeki Etkisi: Geçiş Ekonomileri Örneği. Finans Ekonomi ve Sosyal Araştırmalar Dergisi, 7(3), 528-538. https://doi.org/10.29106/fesa.1152703
  • Tsong, C. C., Lee, C. F., Tsai, L. J., & Hu, T. C. (2016). The Fourier approximation and testing for the null of cointegration. Empirical Economics, 51(3), 1085-1113. https://doi.org/10.1007/s00181-015-1028-6
  • Usman, O., Saint Akadiri, S., & Adeshola, I. (2020). Role of renewable energy and globalization on ecological footprint in the USA: implications for environmental sustainability. Environmental Science and Pollution Research, 27, 30681-30693. https://doi.org/10.1007/s11356-020-09170-9/Published
  • Xu, L., Wang, X., & Guo, W. (2022). Does renewable energy adaptation, globalization, and financial development matter for environmental quality and economic progress? Evidence from panel of big five (B5) economies. Renewable Energy, 192, 631-640. https://doi.org/10.1016/j.renene.2022.05.004
  • Yang, S., & Umar, M. (2022). How globalization is reshaping the environmental quality in G7 economies in the presence of renewable energy initiatives? Renewable Energy, 193, 128-135. https://doi.org/10.1016/j.renene.2022.05.006
  • Yurtkuran, S. (2021). The effect of agriculture, renewable energy production, and globalization on CO2 emissions in Turkey: A bootstrap ARDL approach. Renewable Energy, 171, 1236-1245. https://doi.org/10.1016/j.renene.2021.03.009

YENİLENEBİLİR ENERJİ VE EKONOMİK KÜRESELLEŞME ÇEVRESEL KALİTEYİ ARTIRIR MI? SÜRDÜRÜLEBİLİR KALKINMA İÇİN TÜRKİYE'DEN KANITLAR

Year 2023, Volume: 3 Issue: 2, 74 - 86, 20.10.2023

Abstract

Çalışma, yenilenebilir enerji ve ekonomik küreselleşmenin Türkiye’de çevresel kalite göstergesi olarak kişi başına düşen karbon emisyonu üzerindeki etkisini 1980-2020 dönemi için araştırmaktadır. Çalışmada yapısal kırılmaların daha iyi modellenmesine imkân veren Fourier fonksiyonlarına dayalı birim kök, eş bütünleşme ve nedensellik analizi yer almaktadır. Sonuçlar yenilenebilir enerji ve ekonomik küreselleşmenin çevresel kaliteyi iyileştirici etki yaptığını göstermektedir. Ekonomik küreselleşme yenilenebilir enerji üretimine göre uzun dönemde çevresel kaliteye daha fazla katkı vermektedir. Sürdürülebilir kalkınma, ekonomik büyümenin uzun dönemde sağlanmasının yanı sıra çevresel koşullar üzerindeki bozucu etkisinin sınırlandırılmasını içermektedir. Nedensellik analizine göre kişi başına GSYH, tarımsal üretim, yenilenebilir enerji ve küreselleşmeden karbon emisyonuna doğru kısa dönemli nedensellik ilişkisi bulunmamaktadır. Türkiye’de sürdürülebilir kalkınma için politika yapıcılar, kısa dönem dinamikleri yerine uzun dönemde dinamikler ekseninde yenilenebilir enerji ve ekonomik küreselleşme düzeyini çıpa olarak kullanabilir.

References

  • Ahmed, Z., Ahmad, M., Rjoub, H., Kalugina, O. A., & Hussain, N. (2022). Economic growth, renewable energy consumption, and ecological footprint: Exploring the role of environmental regulations and democracy in sustainable development. Sustainable Development, 30(4), 595-605. https://doi.org/10.1002/sd.2251
  • Ali, W., Gohar, R., Hussain Chang, B., & Wong, W.-K. (2022). Revisiting the impacts of globalization, renewable energy consumption, and economic growth on environmental quality in South Asia. Advances in Decision Sciences, 26(3), 1-23.
  • Ansari, M. A., Haider, S., & Masood, T. (2021). Do renewable energy and globalization enhance ecological footprint: an analysis of top renewable energy countries? Environmental Science and Pollution Research, 28, 6719-6732. https://doi.org/10.1007/s11356-020-10786-0/Published
  • Banerjee, P., Arčabić, V., & Lee, H. (2017). Fourier ADL cointegration test to approximate smooth breaks with new evidence from Crude Oil Market. Economic Modelling, 67, 114-124. https://doi.org/10.1016/j.econmod.2016.11.004
  • Becker, R., Enders, W., & Hurn, S. (2001). Modeling Structural Change in Money Demand Using a Fourier-Series Approximation.
  • Becker, R., Enders, W., & Lee, J. (2006). A stationarity test in the presence of an unknown number of smooth breaks. Journal of Time Series Analysis, 27(3), 381-409. https://doi.org/10.1111/j.1467-9892.2006.00478.x
  • Christopoulos, D. K., & León-Ledesma, M. A. (2010). Smooth breaks and non-linear mean reversion: Post-Bretton Woods real exchange rates. Journal of International Money and Finance, 29(6), 1076-1093. https://doi.org/10.1016/j.jimonfin.2010.02.003
  • Çoban, M. N., & Özkan, O. (2022). Çevresel Kuznets eğrisi: Türkiye’de küreselleşme ve ekonomik büyümenin çevre üzerindeki etkisinin yeni dinamik ARDL simülasyon modeli ile incelenmesi. Akademik Hassasiyetler, 9(19), 207-228.
  • Destek, M. A., Ulucak, R., & Dogan, E. (2018). Analyzing the environmental Kuznets curve for the EU countries: the role of ecological footprint. Environmental Science and Pollution Research, 25(29), 29387-29396. https://doi.org/10.1007/s11356-018-2911-4
  • Dickey, D. A., & Fuller, W. A. (1979). Distribution of the Estimators for Autoregressive Time Series With a Unit Root. Içinde Source: Journal of the American Statistical Association (C. 74, Sayı 366).
  • Enders, W., & Jones, P. (2015). Grain Prices, Oil Prices, and Multiple Smooth Breaks in a VAR. Studies in Nonlinear Dynamics & Econometrics, 20(4), 399-419.
  • Engle, R. F., & Granger, C. W. J. (1987). Co-Integration and Error Correction: Representation, Estimation, and Testing (C. 55, Sayı 2). https://about.jstor.org/terms
  • Gregory, A. W., & Hansen, B. E. (1996). Residual-based tests for cointegration in models with regime shifts.
  • Hakimi, A., & Hamdi, H. (2016). Trade liberalization, FDI inflows, environmental quality and economic growth: A comparative analysis between Tunisia and Morocco. Içinde Renewable and Sustainable Energy Reviews (C. 58, ss. 1445-1456). Elsevier Ltd. https://doi.org/10.1016/j.rser.2015.12.280
  • Ilkay, S. C., Yilanci, V., Ulucak, R., & Jones, K. (2021). Technology spillovers and sustainable environment: Evidence from time-series analyses with Fourier extension. Journal of Environmental Management, 294. https://doi.org/10.1016/j.jenvman.2021.113033
  • Kaypak, Ş. (2011). Küreselleşme Sürecinde Sürdürülebilir Bir Kalkınma İçin Sürdürülebilir Bir Çevre. KMÜ Sosyal ve Ekonomi̇k Araştırmalar Dergi̇si , 13(20), 19-33. www.kmu.edu.tr
  • Kirikkaleli, D., Tomiwa, &, Adebayo, S., Khan, Z., & Ali, S. (2021). Does globalization matter for ecological footprint in Turkey? Evidence from dual adjustment approach. Environmental Science and Pollution Research , 28(11), 14009-14017. https://doi.org/10.1007/s11356-020-11654-7/Published
  • Mert, M., & Bölük, G. (2016). Do foreign direct investment and renewable energy consumption affect the CO2 emissions? New evidence from a panel ARDL approach to Kyoto Annex countries. Environmental Science and Pollution Research, 23(21), 21669-21681. https://doi.org/10.1007/s11356-016-7413-7
  • Narayan, P. K., Narayan, S., & Mishra, S. (2011). Do Remittances Induce Inflation? Fresh Evidence from Developing Countries. Southern Economic Journal, 77(4), 914-933. https://doi.org/10.4284/0038-4038-77.4.914
  • Ozcan, B., Danish, & Temiz, M. (2022). An empirical investigation between renewable energy consumption, globalization and human capital: A dynamic auto-regressive distributive lag simulation. Renewable Energy, 193, 195-203. https://doi.org/10.1016/j.renene.2022.05.016
  • Öymen, G., & Ömeroğlu, M. (2020). Yenilenebilir Enerjinin Sürdürülebilirlik Üzerindeki Rolü. İstanbul Ticaret Üniversitesi Sosyal Bilimler Dergisi, 19(39), 1069-1087. https://doi.org/10.46928/iticusbe.769022
  • Özpolat, A., & Nakıpoğlu Özsoy Ferda. (2021). Yenilenebilir Enerji Kaynakları Çevresel Bozulmayı Azaltıyor Mu? Türkiye Örneği. Akademik Araştırmalar ve Çalışmalar Dergisi (AKAD), 13(24), 49-60. https://doi.org/10.20990/kilisiibfakademik.794600
  • Park, J. Y. (1992). Canonical Cointegrating Regressions. Econometrica, 60(1), 119-143. https://www.jstor.org/stable/2951679
  • Pata, U. K. (2021). Linking renewable energy, globalization, agriculture, CO2 emissions and ecological footprint in BRIC countries: A sustainability perspective. Renewable Energy, 173, 197-208. https://doi.org/10.1016/j.renene.2021.03.125
  • Pata, U. K., & Yilanci, V. (2020). Financial development, globalization and ecological footprint in G7: further evidence from threshold cointegration and fractional frequency causality tests. Environmental and Ecological Statistics, 27(4), 803-825. https://doi.org/10.1007/s10651-020-00467-z
  • Perron, P. (1989). The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (C. 57, Sayı 6).
  • Phillips, P. C. B., & Hansen, B. E. (1990). Statistical Inference in Instrumental Variables Regression with I(1) Processes. The Review of Economic Studies, 57(1), 99-125. https://www.jstor.org/stable/2297545?seq=1&cid=pdf-
  • Radmehr, R., Shayanmehr, S., Ali, E. B., Ofori, E. K., Jasińska, E., & Jasiński, M. (2022). Exploring the Nexus of Renewable Energy, Ecological Footprint, and Economic Growth through Globalization and Human Capital in G7 Economics. Sustainability (Switzerland), 14(19). https://doi.org/10.3390/su141912227
  • Sevüktekin, M., & Çınar, M. (2017). Ekonometrik Zaman Serileri Analizi EViews Uygulamalı. Dora Basım Yayın Dağıtım.
  • Seydiogullari, H. S. (2013). Renewable Energy for Sustainable Development. Journal of Planning, 23(1), 19-25. https://doi.org/10.5505/planlama.2013.14633
  • Shahbaz, M., Mallick, H., Mahalik, M. K., & Loganathan, N. (2015). Does globalization impede environmental quality in India? Ecological Indicators, 52, 379-393. https://doi.org/10.1016/j.ecolind.2014.12.025
  • Sharif, A., Baris-Tuzemen, O., Uzuner, G., Ozturk, I., & Sinha, A. (2020). Revisiting the role of renewable and non-renewable energy consumption on Turkey’s ecological footprint: Evidence from Quantile ARDL approach. Sustainable Cities and Society, 57. https://doi.org/10.1016/j.scs.2020.102138
  • Sims, C. A., Stock, J. H., & Watson, M. W. (1990). Inference in Linear Time Series Models with some Unit Roots. Econometrica: Journal of the Econometric Society, 58(1), 113-144. https://www.jstor.org/stable/2938337
  • Tekbaş, M. (2022). Ekonomik Büyüme ve Ekonomik Küreselleşmenin Çevre Kalitesi Üzerindeki Etkisi: Geçiş Ekonomileri Örneği. Finans Ekonomi ve Sosyal Araştırmalar Dergisi, 7(3), 528-538. https://doi.org/10.29106/fesa.1152703
  • Tsong, C. C., Lee, C. F., Tsai, L. J., & Hu, T. C. (2016). The Fourier approximation and testing for the null of cointegration. Empirical Economics, 51(3), 1085-1113. https://doi.org/10.1007/s00181-015-1028-6
  • Usman, O., Saint Akadiri, S., & Adeshola, I. (2020). Role of renewable energy and globalization on ecological footprint in the USA: implications for environmental sustainability. Environmental Science and Pollution Research, 27, 30681-30693. https://doi.org/10.1007/s11356-020-09170-9/Published
  • Xu, L., Wang, X., & Guo, W. (2022). Does renewable energy adaptation, globalization, and financial development matter for environmental quality and economic progress? Evidence from panel of big five (B5) economies. Renewable Energy, 192, 631-640. https://doi.org/10.1016/j.renene.2022.05.004
  • Yang, S., & Umar, M. (2022). How globalization is reshaping the environmental quality in G7 economies in the presence of renewable energy initiatives? Renewable Energy, 193, 128-135. https://doi.org/10.1016/j.renene.2022.05.006
  • Yurtkuran, S. (2021). The effect of agriculture, renewable energy production, and globalization on CO2 emissions in Turkey: A bootstrap ARDL approach. Renewable Energy, 171, 1236-1245. https://doi.org/10.1016/j.renene.2021.03.009
There are 39 citations in total.

Details

Primary Language Turkish
Subjects Econometric and Statistical Methods, Development Economics - Macro
Journal Section Research Article
Authors

Fatih Yeter

Early Pub Date October 9, 2024
Publication Date October 20, 2023
Published in Issue Year 2023 Volume: 3 Issue: 2

Cite

APA Yeter, F. (2023). YENİLENEBİLİR ENERJİ VE EKONOMİK KÜRESELLEŞME ÇEVRESEL KALİTEYİ ARTIRIR MI? SÜRDÜRÜLEBİLİR KALKINMA İÇİN TÜRKİYE’DEN KANITLAR. Uluslararası İktisadi Ve İdari Akademik Araştırmalar Dergisi, 3(2), 74-86.