Author :
Abstract
Enerji, özellikle gelişmekte olan ülkelerde, bu alana duyulan ihtiyacın karşılanabilmesi adına hayati bir öneme sahiptir. Enerji kullanımının ekonomik büyümeye katkısı, politika yapıcıların üzerinde yoğunlaştığı konulardan biridir. Gelişmekte olan ve enerji yoğun büyüyen Türkiye ekonomisi, enerji talebinin büyük bir kısmını ithalatla karşıladığından, enerjide dışa bağımlı bir ülke konumundadır. Bu sebeple enerji tüketimi ve ekonomik büyüme arasındaki ilişki, izlenecek politikaların temel belirleyicisidir.
Enerji tüketimi ile ekonomik büyüme arasındaki ilişki, gerek kısa dönemli gerekse uzun dönemli birçok çalışmada incelenmiştir. Ancak bu çalışmada diğer çalışmalardan farklı olarak, ekonomik büyüme, finansal gelişmişlik düzeyi ile enerji tüketimi arasındaki ilişki araştırılmaktadır. Türkiye’nin 1980 - 2014 dönemi baz alınarak, fosil enerji tüketimi (%), finansal gelişme (%) ve GSYH arasındaki bağıntı, ARDL (Gecikmesi Dağıtılmış Otoregresif Model) sınır testiyle analiz edilmiştir. Çalışmanın sonucunda, fosil enerji tüketimi, finansal gelişme ve milli gelir arasında uzun dönemde pozitif ve anlamlı ilişki ortaya çıkmıştır. Fosil enerji tüketiminde % 1’lik bir artış GSYH’yi % 4.68 oranında arttırırken, finansal gelişmenin % 1’lik bir artış göstermesi durumunda ise GSYH % 0.27 arttığı tespit edilmiştir.
Keywords
Abstract
Energy, especially in developing countries, has a vital significance in order to meet the needs of this area. The contribution of energy use to economic growth is one of the areas that policy makers focus on. Developing and growing intensive energy, economy of Turkey, because meets a large part of its energy demand through imports, is a country dependent on foreign energy. Therefore, relationship between energy consumption and economic growth is the main determinant of policies to be followed.
The relationship between energy consumption and economic growth has been investigated not only short-term but also long-term plenty studies. However, in this paper unlike other studies, relationship between economic growth, financial development level and energy consumption is researched. Turkey on the basis of the 1980-2014 period, relation between fossil energy consumption (%), financial development (%) and GDP was analyzed by ARDL (Auto Regressive Distributed Lag Model) bound test approach. As a result of the study, in long-term, between financial development, GDP and fossil energy consumption has emerged positive and significant relationship. While 1 % increase in fossil energy consumption increased the GDP by 4.68 %, it was determined that GDP increased by 0.27 %, in case of increase financial development by 1 %.
Keywords
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