Determinants of Energy Consumption in Turkey: Innovation and Foreign Direct Investment

Yıl 2023, Cilt: 7 Sayı: 3, 1029 - 1041, 29.09.2023

Hilal Ok Ergün , Tolga Ergün

Öz

In this study, it is purposed to investigate the determining factors of energy consumption in Turkey between the years 1995-2019. Accordingly, the role of foreign direct invesment (FDI) and innovation in energy consumption has been examined using the least squares estimation method. The multiple regression model was used in the study, and total energy consumption was used as the dependent variable, while the ratio of FDI to gross domestic product and the total number of patent applications were used as independent variables in the model. Annual data from OECD statistics and the World Bank were utilised in the study. Consequentially, it is determined that FDI and patent applications have a statistically significant and positive effect on energy consumption in analysis. The results of the study indicate that FDI and innovative activities are the determinants of energy consumption.

Anahtar Kelimeler

Energy, Foreign Direct Invesment, Innovation, Least Square Method

Determinants of Energy Consumption in Turkey: Innovation and Foreign Direct Investment

Öz

Bu çalışmada 1995-2019 yılları arasındaki dönemde Türkiye’de enerji tüketiminin belirleyici faktörlerinin araştırılması amaçlanmıştır. Bu doğrultuda, doğrudan yabancı sermaye yatırımları ve inovasyonun enerji tüketimindeki rolü en küçük kareler tahmin yöntemiyle incelenmiştir. Çalışmada çoklu regresyon modeli kullanılmış olup, modelde toplam enerji tüketimi bağımlı değişken, doğrudan yabancı sermaye yatırımlarının gayrisafi yurtiçi hasılaya oranı ve toplam patent başvuruları sayısı ise bağımsız değişken olarak kullanılmıştır. Çalışmada OECD stat ve Dünya Bankası’ndan elde edilen yıllık veriler kullanılmıştır. Analiz sonucunda, doğrudan yabancı sermaye yatırımlarının ve patent başvurularının enerji tüketimi üzerinde istatistiksel olarak anlamlı ve pozitif bir etkiye sahip olduğu tespit edilmiştir. Çalışma sonuçları, doğrudan yabancı sermaye yatırımlarının ve inovasyonel faaliyetlerin enerji tüketiminin belirleyicisi olduğuna işaret etmektedir.

Anahtar Kelimeler

Enerji, Doğrudan Yabancı Sermaye Yatırımları, İnovasyon, En Küçük Kareler Yöntemi

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