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Beşeri Sermaye Yeşil Ekonomik Büyümeyi Destekliyor Mu? Nordic Ülkeleri İçin Bir Panel Veri Analizi

Yıl 2025, Cilt: 43 Sayı: 1, 22 - 40, 26.03.2025

Öz

Çalışmanın amacı, farklı eğitim düzeylerini dikkate alarak beşeri sermayenin yeşil ekonomik büyüme üzerindeki etkisini Nordic ülkelerinde (Danimarka, İzlanda, Finlandiya, İsveç ve Norveç) 2010-2022 dönemi için panel veri yöntemiyle analiz etmektir. Beşeri sermayenin yeşil ekonomik büyüme üzerindeki etkisi düşük olmakla birlikte karmaşıktır. Ülke bazlı sonuçlara göre: İsveç’te ilköğretim ve ortaöğretim düzeyleri, Finlandiya ve Norveç’te ise yalnızca ilköğretim düzeyi yeşil ekonomik büyümeyi pozitif etkilerken; Danimarka’da ilköğretim ve ortaöğretim düzeyleri, İzlanda ve Norveç’te ise ortaöğretim düzeyi yeşil ekonomik büyümeyi negatif etkilemektedir. Panel sonuçlarına göre ise yalnızca yükseköğretim düzeyi anlamlı ve negatif bir etkiye sahiptir. Kontrol değişkenler olarak kullanılan, internet kullanımının genel olarak pozitif bir etkisi olduğu görülmektedir. Yenilenebilir enerjinin etkisi ise karmaşıktır; Danimarka ve Finlandiya’da pozitifken, diğer ülkelerde ve panel genelinde negatif etkiye sahiptir. Son olarak, tüm gruplarda finansal gelişmenin yeşil ekonomik büyüme üzerinde negatif bir etkisi olduğu tespit edilmiştir. Bu çalışmanın, yüksek eğitim düzeyleriyle dünya çapında tanınan ancak bu özel bağlamda nispeten az araştırılmış olan İskandinav ülkelerinde, beşeri sermayenin yeşil ekonomik büyüme üzerindeki etkisini inceleyerek literatüre katkı sağlaması beklenmektedir.

Kaynakça

  • Ahmed, Z., Zafar, M. W., & Ali, S. (2020). Linking urbanization, human capital, and the ecological footprint in G7 countries: an empirical analysis. Sustainable Cities and Society, 55, 102064. https://doi.org/10.1016/j.scs.2020.102064
  • Angheluță, P. S. (2015). Human capital from the perspective of green economy. International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, The Bucharest University of Economic Studies, 4, 148-158.
  • Arvas, M. A., Demirtas, C., Yildirim, E. S., & Ilikkan Ozgur, M. (2023). Does economic policy uncertainty cause environmental pollution? fresh evidence from developed countries. Environmental Science and Pollution Research, 30(49), 107921-107937. https://doi.org/10.1007/s11356-023-29715-y
  • Bayar, Y., Smirnov, V., Danilina, M., & Kabanova, N. (2021). Impact of institutions and human capital on CO2 emissions in EU transition economies. Sustainability, 14(1), 353. https://doi.org/10.3390/su14010353
  • Beisembina, A., Gizzatova, A., Kunyazov, Y., Ernazarov, T., Mashrapov, N., & Dontsov, S. (2023). Investing in human capital for green and sustainable development. Journal of Environmental Management and Tourism, 14(5), 2300–2307. https://doi.org/10.14505/jemt.v14.5(69).11
  • Bowen, A. (2012). 'Green'growth,'green'jobs and labor markets. World Bank Policy Research Working Paper, (5990).
  • Crifo, P. (2024). Green human capital, ınnovation and growth. Environmental Model Assessment, 29, 1–18. https://doi.org/10.1007/s10666-023-09948-4
  • Çakar, N. D., Gedikli, A., Erdoğan, S., & Yıldırım, D. Ç. (2021). Exploring the nexus between human capital and environmental degradation: The case of EU countries. Journal of Environmental Management, 295, 113057. https://doi.org/10.1016/j.jenvman.2021.113057
  • Dai, J., Ahmed, Z., Alvarado, R., & Ahmad, M. (2023). Assessing the nexus between human capital, green energy, and load capacity factor: Policymaking for achieving sustainable development goals. Gondwana Research, 129, 452-464 https://doi.org/10.1016/j.gr.2023.04.009
  • Driscoll, J., & Kraay, A. C. (1998). Consistent covariance matrix estimation with spatially dependent data. Review of Economics and Statistics, 80, 549-560. https://www.jstor.org/stable/2646837
  • Ganda, F. (2022). The environmental impacts of human capital in the BRICS economies. Journal of the Knowledge Economy, 13(1), 611-634. https://doi.org/10.1007/s13132-021-00737-6
  • Green Growth Index (2024), Green growth, Retrieved 1 March 2024 https://greengrowthindex.gggi.org/ Gujarati, D. N. (2011). Temel ekonometri. (G. Ş. Ü. Şenesen, Çev.) İstanbul: Literatür Yayınları.
  • Haini, H. (2021). Examining the impact of ICT, human capital and carbon emissions: Evidence from the ASEAN economies. International Economics, 166, 116-125. https://doi.org/10.1016/j.inteco.2021.03.003
  • Hoechle, D. (2007). Robust standard errors for panel regressions with cross-sectional dependence. The Stata Journal, 7(3), 281-312. https://doi.org/10.1177/1536867X0700700301
  • Huang, C., Zhang, X., & Liu, K. (2021). Effects of human capital structural evolution on carbon emissions intensity in china: A dual perspective of spatial heterogeneity and nonlinear linkages. Renewable and Sustainable Energy Reviews, 135, 110258. https://doi.org/10.1016/j.rser.2020.110258
  • International Monetary Fund [IMF] database (2024) Financial Development, Retrieved 1 March 2024 https://data.imf.org/?sk=f8032e80-b36c-43b1-ac26-493c5b1cd33b
  • Jahanger, A., Yang, B., Huang, W. C., Murshed, M., Usman, M., & Radulescu, M. (2023). Dynamic linkages between globalization, human capital, and carbon dioxide emissions: Empirical evidence from developing economies. Environment, Development and Sustainability, 25(9), 9307-9335. https://doi.org/10.1007/s10668-022-02437-w
  • Khan, Z., Hossain, M. R., Badeeb, R. A., & Zhang, C. (2023). Aggregate and disaggregate impact of natural resources on economic performance: role of green growth and human capital. Resources Policy, 80, 103103. https://doi.org/10.1016/j.resourpol.2022.103103
  • Krueger, P., Metzger, D., & Wu, J. (2023). The sustainability wage gap. Swedish House of Finance Research Paper, (20-14), 21-17. http://dx.doi.org/10.2139/ssrn.3672492
  • Liu, X., Cao, F., & Fan, S. (2022). Does human capital matter for china’s green growth?—examination based on econometric model and machine learning methods. International Journal of Environmental Research and Public Health, 19(18), 11347. https://doi.org/10.3390/ijerph191811347
  • Liu, D., Wang, G., Sun, C., Majeed, M. T., & Andlib, Z. (2023). An analysis of the effects of human capital on green growth: Effects and transmission channels. Environmental Science and Pollution Research, 30(4), 10149-10156. https://doi.org/10.1007/s11356-022-22587-8
  • Mankiw, N. G., Romer, D., & Weil, D. N. ( 1992). A contribution to the empirics of economic growth. The Quarterly Journal of Economics, 107(2), 407-437. https://doi.org/10.2307/2118477
  • Ngo, T., Trinh, H. H., Haouas, I., & Ullah, S. (2022). Examining the bidirectional nexus between financial development and green growth: International evidence through the roles of human capital and education expenditure. Resources Policy, 79, 102964. https://doi.org/10.1016/j.resourpol.2022.102964
  • Our World in Data (2024) Renewable energy, Retrieved 1 march 2024 https://ourworldindata.org/renewable-energy
  • Pesaran, M. H., & Yamagata, T. (2008). Testing slope homogeneity in large panels. Journal of Econometrics, 142(1), 50-93. https://doi.org/10.1016/j.jeconom.2007.05.010
  • Rehman, M. A., Sabir, S. A., Bukhari, A. A. A., & Sharif, A. (2023). Do globalization and human capital an opportunity or threat to environmental sustainability? Evidence from emerging countries. Journal of Cleaner Production, 418, 138028. https://doi.org/10.1016/j.jclepro.2023.138028
  • Ren, S., Li, L., Han, Y., Hao, Y., & Wu, H. (2022). The emerging driving force of inclusive green growth: Does digital economy agglomeration work?. Business Strategy and the Environment, 31(4), 1656-1678. https://doi.org/10.1002/bse.2975
  • Sarkodie, S. A., Adams, S., Owusu, P. A., Leirvik, T., & Ozturk, I. (2020). Mitigating degradation and emissions in China: The role of environmental sustainability, human capital and renewable energy. Science of the Total Environment, 719, 137530. https://doi.org/10.1016/j.scitotenv.2020.137530
  • Saud, S., Haseeb, A., Zaidi, S. A. H., Khan, I., & Li, H. (2024). Moving towards green growth? Harnessing natural resources and economic complexity for sustainable development through the lens of the N-shaped EKC framework for the European Union. Resources Policy, 91, 104804. https://doi.org/10.1016/j.resourpol.2024.104804
  • Şentürk, C. (2024). Does human development matter to green growth on the path to sustainability?: evidence from BRICS countries. In Socio-Economic Implications of Global Educational Inequalities (pp. 129-146). IGI Global.
  • Tufail, M., Song, L., & Khan, Z. (2024). Green finance and green growth nexus: evaluating the role of globalization and human capital. Journal of Applied Economics, 27(1), 2309437. https://doi.org/10.1080/15140326.2024.2309437
  • Wang, H., Peng, G., Luo, Y., & Du, H. (2023). Asymmetric influence of renewable energy, ecological governance, and human development on green growth of BRICS countries. Renewable Energy, 206, 1007-1019. https://doi.org/10.1016/j.renene.2022.12.125
  • World Bank[WB]. (2024) School enrollment, primary, secondry, tertiary (% gross), Retrieved 1 march 2024. https://databank.worldbank.org/source/jobs/Series/SE.PRM.ENRR
  • Yao, Y., Ivanovski, K., Inekwe, J., & Smyth, R. (2020). Human capital and CO2 emissions in the long run. Energy Economics, 91, 104907. https://doi.org/10.1016/j.eneco.2020.104907
  • Zhang, J., & Li, S. (2023). The ımpact of human capital on green technology ınnovation—moderating role of environmental regulations. International Journal of Environmental Research and Public Health, 20(6), 4803. https://doi.org/10.3390/ijerph20064803
  • Zhu, M. (2023). The role of human capital and environmental protection on the sustainable development goals: New evidences from Chinese economy. Economic Research-Ekonomska İstraživanja, 36(1), 650-667. https://doi.org/10.1080/1331677X.2022.2113334

Does Human Capital Support Green Economic Growth? A Panel Data Analysis For The Nordic Countries

Yıl 2025, Cilt: 43 Sayı: 1, 22 - 40, 26.03.2025

Öz

This study examines the impact of human capital on green economic growth in Nordic countries (Denmark, Iceland, Finland, Sweden, and Norway) from 2010 to 2022 using the panel data method, considering different education levels. The effect of human capital is low but complex. Country-specific findings indicate that primary and secondary education positively influence green growth in Sweden, while only primary education has a positive impact in Finland and Norway. Conversely, primary and secondary education in Denmark and secondary education in Iceland and Norway negatively affect green growth. Panel results reveal that only higher education has a significant negative impact. Internet usage, included as a control variable, generally has a positive effect. The impact of renewable energy varies; it is positive in Denmark and Finland but negative in other countries and at the panel level. Financial development is found to have a negative impact across all groups.This study contributes to the literature by analyzing the relatively underexplored role of human capital in green economic growth within Nordic countries, which are globally recognized for their strong education systems.

Kaynakça

  • Ahmed, Z., Zafar, M. W., & Ali, S. (2020). Linking urbanization, human capital, and the ecological footprint in G7 countries: an empirical analysis. Sustainable Cities and Society, 55, 102064. https://doi.org/10.1016/j.scs.2020.102064
  • Angheluță, P. S. (2015). Human capital from the perspective of green economy. International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, The Bucharest University of Economic Studies, 4, 148-158.
  • Arvas, M. A., Demirtas, C., Yildirim, E. S., & Ilikkan Ozgur, M. (2023). Does economic policy uncertainty cause environmental pollution? fresh evidence from developed countries. Environmental Science and Pollution Research, 30(49), 107921-107937. https://doi.org/10.1007/s11356-023-29715-y
  • Bayar, Y., Smirnov, V., Danilina, M., & Kabanova, N. (2021). Impact of institutions and human capital on CO2 emissions in EU transition economies. Sustainability, 14(1), 353. https://doi.org/10.3390/su14010353
  • Beisembina, A., Gizzatova, A., Kunyazov, Y., Ernazarov, T., Mashrapov, N., & Dontsov, S. (2023). Investing in human capital for green and sustainable development. Journal of Environmental Management and Tourism, 14(5), 2300–2307. https://doi.org/10.14505/jemt.v14.5(69).11
  • Bowen, A. (2012). 'Green'growth,'green'jobs and labor markets. World Bank Policy Research Working Paper, (5990).
  • Crifo, P. (2024). Green human capital, ınnovation and growth. Environmental Model Assessment, 29, 1–18. https://doi.org/10.1007/s10666-023-09948-4
  • Çakar, N. D., Gedikli, A., Erdoğan, S., & Yıldırım, D. Ç. (2021). Exploring the nexus between human capital and environmental degradation: The case of EU countries. Journal of Environmental Management, 295, 113057. https://doi.org/10.1016/j.jenvman.2021.113057
  • Dai, J., Ahmed, Z., Alvarado, R., & Ahmad, M. (2023). Assessing the nexus between human capital, green energy, and load capacity factor: Policymaking for achieving sustainable development goals. Gondwana Research, 129, 452-464 https://doi.org/10.1016/j.gr.2023.04.009
  • Driscoll, J., & Kraay, A. C. (1998). Consistent covariance matrix estimation with spatially dependent data. Review of Economics and Statistics, 80, 549-560. https://www.jstor.org/stable/2646837
  • Ganda, F. (2022). The environmental impacts of human capital in the BRICS economies. Journal of the Knowledge Economy, 13(1), 611-634. https://doi.org/10.1007/s13132-021-00737-6
  • Green Growth Index (2024), Green growth, Retrieved 1 March 2024 https://greengrowthindex.gggi.org/ Gujarati, D. N. (2011). Temel ekonometri. (G. Ş. Ü. Şenesen, Çev.) İstanbul: Literatür Yayınları.
  • Haini, H. (2021). Examining the impact of ICT, human capital and carbon emissions: Evidence from the ASEAN economies. International Economics, 166, 116-125. https://doi.org/10.1016/j.inteco.2021.03.003
  • Hoechle, D. (2007). Robust standard errors for panel regressions with cross-sectional dependence. The Stata Journal, 7(3), 281-312. https://doi.org/10.1177/1536867X0700700301
  • Huang, C., Zhang, X., & Liu, K. (2021). Effects of human capital structural evolution on carbon emissions intensity in china: A dual perspective of spatial heterogeneity and nonlinear linkages. Renewable and Sustainable Energy Reviews, 135, 110258. https://doi.org/10.1016/j.rser.2020.110258
  • International Monetary Fund [IMF] database (2024) Financial Development, Retrieved 1 March 2024 https://data.imf.org/?sk=f8032e80-b36c-43b1-ac26-493c5b1cd33b
  • Jahanger, A., Yang, B., Huang, W. C., Murshed, M., Usman, M., & Radulescu, M. (2023). Dynamic linkages between globalization, human capital, and carbon dioxide emissions: Empirical evidence from developing economies. Environment, Development and Sustainability, 25(9), 9307-9335. https://doi.org/10.1007/s10668-022-02437-w
  • Khan, Z., Hossain, M. R., Badeeb, R. A., & Zhang, C. (2023). Aggregate and disaggregate impact of natural resources on economic performance: role of green growth and human capital. Resources Policy, 80, 103103. https://doi.org/10.1016/j.resourpol.2022.103103
  • Krueger, P., Metzger, D., & Wu, J. (2023). The sustainability wage gap. Swedish House of Finance Research Paper, (20-14), 21-17. http://dx.doi.org/10.2139/ssrn.3672492
  • Liu, X., Cao, F., & Fan, S. (2022). Does human capital matter for china’s green growth?—examination based on econometric model and machine learning methods. International Journal of Environmental Research and Public Health, 19(18), 11347. https://doi.org/10.3390/ijerph191811347
  • Liu, D., Wang, G., Sun, C., Majeed, M. T., & Andlib, Z. (2023). An analysis of the effects of human capital on green growth: Effects and transmission channels. Environmental Science and Pollution Research, 30(4), 10149-10156. https://doi.org/10.1007/s11356-022-22587-8
  • Mankiw, N. G., Romer, D., & Weil, D. N. ( 1992). A contribution to the empirics of economic growth. The Quarterly Journal of Economics, 107(2), 407-437. https://doi.org/10.2307/2118477
  • Ngo, T., Trinh, H. H., Haouas, I., & Ullah, S. (2022). Examining the bidirectional nexus between financial development and green growth: International evidence through the roles of human capital and education expenditure. Resources Policy, 79, 102964. https://doi.org/10.1016/j.resourpol.2022.102964
  • Our World in Data (2024) Renewable energy, Retrieved 1 march 2024 https://ourworldindata.org/renewable-energy
  • Pesaran, M. H., & Yamagata, T. (2008). Testing slope homogeneity in large panels. Journal of Econometrics, 142(1), 50-93. https://doi.org/10.1016/j.jeconom.2007.05.010
  • Rehman, M. A., Sabir, S. A., Bukhari, A. A. A., & Sharif, A. (2023). Do globalization and human capital an opportunity or threat to environmental sustainability? Evidence from emerging countries. Journal of Cleaner Production, 418, 138028. https://doi.org/10.1016/j.jclepro.2023.138028
  • Ren, S., Li, L., Han, Y., Hao, Y., & Wu, H. (2022). The emerging driving force of inclusive green growth: Does digital economy agglomeration work?. Business Strategy and the Environment, 31(4), 1656-1678. https://doi.org/10.1002/bse.2975
  • Sarkodie, S. A., Adams, S., Owusu, P. A., Leirvik, T., & Ozturk, I. (2020). Mitigating degradation and emissions in China: The role of environmental sustainability, human capital and renewable energy. Science of the Total Environment, 719, 137530. https://doi.org/10.1016/j.scitotenv.2020.137530
  • Saud, S., Haseeb, A., Zaidi, S. A. H., Khan, I., & Li, H. (2024). Moving towards green growth? Harnessing natural resources and economic complexity for sustainable development through the lens of the N-shaped EKC framework for the European Union. Resources Policy, 91, 104804. https://doi.org/10.1016/j.resourpol.2024.104804
  • Şentürk, C. (2024). Does human development matter to green growth on the path to sustainability?: evidence from BRICS countries. In Socio-Economic Implications of Global Educational Inequalities (pp. 129-146). IGI Global.
  • Tufail, M., Song, L., & Khan, Z. (2024). Green finance and green growth nexus: evaluating the role of globalization and human capital. Journal of Applied Economics, 27(1), 2309437. https://doi.org/10.1080/15140326.2024.2309437
  • Wang, H., Peng, G., Luo, Y., & Du, H. (2023). Asymmetric influence of renewable energy, ecological governance, and human development on green growth of BRICS countries. Renewable Energy, 206, 1007-1019. https://doi.org/10.1016/j.renene.2022.12.125
  • World Bank[WB]. (2024) School enrollment, primary, secondry, tertiary (% gross), Retrieved 1 march 2024. https://databank.worldbank.org/source/jobs/Series/SE.PRM.ENRR
  • Yao, Y., Ivanovski, K., Inekwe, J., & Smyth, R. (2020). Human capital and CO2 emissions in the long run. Energy Economics, 91, 104907. https://doi.org/10.1016/j.eneco.2020.104907
  • Zhang, J., & Li, S. (2023). The ımpact of human capital on green technology ınnovation—moderating role of environmental regulations. International Journal of Environmental Research and Public Health, 20(6), 4803. https://doi.org/10.3390/ijerph20064803
  • Zhu, M. (2023). The role of human capital and environmental protection on the sustainable development goals: New evidences from Chinese economy. Economic Research-Ekonomska İstraživanja, 36(1), 650-667. https://doi.org/10.1080/1331677X.2022.2113334
Toplam 36 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Konular Büyüme, Kalkınma Ekonomisi - Makro
Bölüm Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
Yazarlar

Cuma Demirtaş 0000-0002-1475-5530

Yayımlanma Tarihi 26 Mart 2025
Gönderilme Tarihi 17 Nisan 2024
Kabul Tarihi 10 Mart 2025
Yayımlandığı Sayı Yıl 2025 Cilt: 43 Sayı: 1

Kaynak Göster

APA Demirtaş, C. (2025). Does Human Capital Support Green Economic Growth? A Panel Data Analysis For The Nordic Countries. Hacettepe Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, 43(1), 22-40.
AMA Demirtaş C. Does Human Capital Support Green Economic Growth? A Panel Data Analysis For The Nordic Countries. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. Mart 2025;43(1):22-40.
Chicago Demirtaş, Cuma. “Does Human Capital Support Green Economic Growth? A Panel Data Analysis For The Nordic Countries”. Hacettepe Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi 43, sy. 1 (Mart 2025): 22-40.
EndNote Demirtaş C (01 Mart 2025) Does Human Capital Support Green Economic Growth? A Panel Data Analysis For The Nordic Countries. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 43 1 22–40.
IEEE C. Demirtaş, “Does Human Capital Support Green Economic Growth? A Panel Data Analysis For The Nordic Countries”, Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, c. 43, sy. 1, ss. 22–40, 2025.
ISNAD Demirtaş, Cuma. “Does Human Capital Support Green Economic Growth? A Panel Data Analysis For The Nordic Countries”. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi 43/1 (Mart 2025), 22-40.
JAMA Demirtaş C. Does Human Capital Support Green Economic Growth? A Panel Data Analysis For The Nordic Countries. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2025;43:22–40.
MLA Demirtaş, Cuma. “Does Human Capital Support Green Economic Growth? A Panel Data Analysis For The Nordic Countries”. Hacettepe Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, c. 43, sy. 1, 2025, ss. 22-40.
Vancouver Demirtaş C. Does Human Capital Support Green Economic Growth? A Panel Data Analysis For The Nordic Countries. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi. 2025;43(1):22-40.

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