THE IMPACT OF FINANCIAL MARKETS ON GREEN GROWTH: EMPIRICAL FINDINGS IN TÜRKİYE SAMPLE

Bertaç Şakir Şahin

Makale detayları

THE IMPACT OF FINANCIAL MARKETS ON GREEN GROWTH: EMPIRICAL FINDINGS IN TÜRKİYE SAMPLE

Yazarlar:

Bertaç Şakir Şahin

Yayıncı:

Marmara University

Ana Başlıklar:

İşletme | İş Sistemleri (Diğer)

Dergi:

Journal of Research in Business Vol.10 Issue 1, pp.147-165

Belge Tipi:

Makale

Yayın Tarihi:

6/2025

Belge Dili:

Türkçe

Document ID (Org No.):

2001351375

pISSN:

2630-6255

Anahtar kelimeler:

Özet:

 The concept of green growth focuses on the compatibility between sustainability efforts and economic growth. This study analyzes the impact of FDI, financial development and RD expenditures on green growth in Turkey during the period 1990-2021. The study applies ARDL bounds test and Toda Yamamoto causality test. According to the ARDL bounds test, foreign direct investments, domescit credit provided by banks to the private sector and stock market return have a significant and positive effect on green growth. The Toda Yamamoto causality test also supports the results of the ARDL bounds test. There is a Granger causality relationship from foreign direct investments, domestic credit provided by banks to the private sector and stock market return to green growth.

 The concept of green growth focuses on the compatibility between sustainability efforts and economic growth. This study analyzes the impact of FDI, financial development and RD expenditures on green growth in Turkey during the period 1990-2021. The study applies ARDL bounds test and Toda Yamamoto causality test. According to the ARDL bounds test, foreign direct investments, domescit credit provided by banks to the private sector and stock market return have a significant and positive effect on green growth. The Toda Yamamoto causality test also supports the results of the ARDL bounds test. There is a Granger causality relationship from foreign direct investments, domestic credit provided by banks to the private sector and stock market return to green growth.

 The concept of green growth focuses on the compatibility between sustainability efforts and economic growth. This study analyzes the impact of FDI, financial development and RD expenditures on green growth in Turkey during the period 1990-2021. The study applies ARDL bounds test and Toda Yamamoto causality test. According to the ARDL bounds test, foreign direct investments, domescit credit provided by banks to the private sector and stock market return have a significant and positive effect on green growth. The Toda Yamamoto causality test also supports the results of the ARDL bounds test. There is a Granger causality relationship from foreign direct investments, domestic credit provided by banks to the private sector and stock market return to green growth.

 Yeşil büyüme kavramı sürdürülebilirlik çabaları ve ekonomik büyüme arasındaki uyuma odaklanır. Bu çalışma Türkiyede 1990- 2021 döneminde doğrudan yabancı yatırımlar, finansal gelişme ve ar-ge harcamalarının yeşil büyüme üzerindeki etkisini ele alır. Çalışma kapsamında ARDL sınır testi ve Toda Yamamoto nedensellik testi uygulanmıştır. ARDL sınır testine göre doğrudan yabancı yatırımlar, krediler ve borsa getirisinin yeşil büyüme üzerinde anlamlı ve pozitif bir etkisi mevcuttur. Toda Yamamoto nedensellik testi de ARDL sınır testinin sonuçlarını desteklemektedir. Doğrudan yabancı yatırımlar, bankalar tarafından özel sektöre sağlanan krediler ve borsa getirisinden yeşil büyümeye doğru Granger nedensellik ilişkisi vardır.

Makale detayları

THE IMPACT OF FINANCIAL MARKETS ON GREEN GROWTH: EMPIRICAL FINDINGS IN TÜRKİYE SAMPLE

Yazarlar:

Bertaç Şakir Şahin

Yayıncı:

Marmara University

Ana Başlıklar:

İşletme | İş Sistemleri (Diğer)

Dergi:

Journal of Research in Business Vol.10 Issue 1, pp.147-165

Belge Tipi:

Makale

Yayın Tarihi:

6/2025

Belge Dili:

Türkçe

Document ID (Org No.):

2001351375

pISSN:

2630-6255

Green Growth

Sustainability

Financial Development

financial markets and institutionsYeşil Büyüme

Sürdürülebilirlik

Finansal Gelişme

finansal piyasalar ve kurumlar

Sayı

Makale detayları

Yazarlar: Bertaç Şakir Şahin

Yayıncı: Marmara University

Ana Başlıklar: İşletme | İş Sistemleri (Diğer)

Dergi: Journal of Research in Business Vol.10 Issue 1, pp.147-165

Belge Tipi: Makale

Yayın Tarihi: 6/2025

Belge Dili: Türkçe

Document ID (Org No.): 2001351375

pISSN: 2630-6255

Sayı

Yazarlar:

Bertaç Şakir Şahin

Yayıncı:

Marmara University

Ana Başlıklar:

İşletme | İş Sistemleri (Diğer)

Dergi:

Journal of Research in Business Vol.10 Issue 1, pp.147-165

Belge Tipi:

Makale

Yayın Tarihi:

6/2025

Belge Dili:

Türkçe

Document ID (Org No.):

2001351375

pISSN:

2630-6255