EVALUATION OF THE RELATIONSHIP BETWEEN ENERGY CONSUMPTION, ECONOMIC GROWTH, AND CARBON EMISSIONS IN THE CONTEXT OF THE N-SHAPED ENVIRONMENTAL KUZNETS CURVE: NEWLY INDUSTRIALIZED COUNTRIES (NICS)

Tuğba İnci

Makale detayları

EVALUATION OF THE RELATIONSHIP BETWEEN ENERGY CONSUMPTION, ECONOMIC GROWTH, AND CARBON EMISSIONS IN THE CONTEXT OF THE N-SHAPED ENVIRONMENTAL KUZNETS CURVE: NEWLY INDUSTRIALIZED COUNTRIES (NICS)

Yazarlar:

Tuğba İnci

Yayıncı:

Hacettepe University

Ana Başlıklar:

Büyüme | Ekonometrik ve İstatistiksel Yöntemler

Dergi:

Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Vol.41 Issue 3, pp.453-469

Belge Tipi:

Makale

Yayın Tarihi:

9/2023

Belge Dili:

İngilizce

Document ID (Org No.):

2001299531

pISSN:

1301-8752

Anahtar kelimeler:

Özet:

 Climate change and environmental degradation have become an issue that has focused on the whole world in recent years. In many studies on this subject, the existence of an inverted U-shaped Kuznets Curve has been analyzed. In this study, a model was established to analyze the N-shaped Kuznets Curve in order to see the long-term position of the relation between economic growth andenvironmental degradation. New industrialized Countries NICs, which have a substantial effect on world carbon emissions, are also discussed in the study. Panel data analysis was used to examine the relationship between environmental degradation and economic growth over the period from 1970 to 2019.In the analysis, first of all, the cross-section dependence CSD was tested and it was decided that the second-generation tests would be continued according to the results. In the subsequent Westerlund hand-integration analysis, it was concluded that there was co-integration between the series and that they would act together in the long run. Finally, the CCE method, which is one of the long-term estimators, was used and analyzes were carried out by establishing three different models. As a result of the analysis, it was concluded that energy consumption positively affects carbon emissions, the existence of an inverted U-shaped Kuznets Curve for the entire panel and the existence of an N-shaped Kuznets Curve throughout the panel could not be proven.

 Climate change and environmental degradation have become an issue that has focused on the whole world in recent years. In many studies on this subject, the existence of an inverted U-shaped Kuznets Curve has been analyzed. In this study, a model was established to analyze the N-shaped Kuznets Curve in order to see the long-term position of the relation between economic growth andenvironmental degradation. New industrialized Countries NICs, which have a substantial effect on world carbon emissions, are also discussed in the study. Panel data analysis was used to examine the relationship between environmental degradation and economic growth over the period from 1970 to 2019.In the analysis, first of all, the cross-section dependence CSD was tested and it was decided that the second-generation tests would be continued according to the results. In the subsequent Westerlund hand-integration analysis, it was concluded that there was co-integration between the series and that they would act together in the long run. Finally, the CCE method, which is one of the long-term estimators, was used and analyzes were carried out by establishing three different models. As a result of the analysis, it was concluded that energy consumption positively affects carbon emissions, the existence of an inverted U-shaped Kuznets Curve for the entire panel and the existence of an N-shaped Kuznets Curve throughout the panel could not be proven.

 Climate change and environmental degradation have become an issue that has focused on the whole world in recent years. In many studies on this subject, the existence of an inverted U-shaped Kuznets Curve has been analyzed. In this study, a model was established to analyze the N-shaped Kuznets Curve in order to see the long-term position of the relation between economic growth andenvironmental degradation. New industrialized Countries NICs, which have a substantial effect on world carbon emissions, are also discussed in the study. Panel data analysis was used to examine the relationship between environmental degradation and economic growth over the period from 1970 to 2019.In the analysis, first of all, the cross-section dependence CSD was tested and it was decided that the second-generation tests would be continued according to the results. In the subsequent Westerlund hand-integration analysis, it was concluded that there was co-integration between the series and that they would act together in the long run. Finally, the CCE method, which is one of the long-term estimators, was used and analyzes were carried out by establishing three different models. As a result of the analysis, it was concluded that energy consumption positively affects carbon emissions, the existence of an inverted U-shaped Kuznets Curve for the entire panel and the existence of an N-shaped Kuznets Curve throughout the panel could not be proven.

 İklim değişikliği ve çevresel bozulma son yıllarda tüm dünyanın üzerinde yoğunlaştığı bir konu haline gelmiştir. Bu konuya yönelik olarak yapılan birçok çalışmada Ters U şeklinde Kuznets eğrisinin varlığı analiz edilmiştir. Bu çalışmada çevresel bozulma ve ekonomik büyüme arasındaki ilişkinin uzun vadedeki pozisyonunu görebilmek için N şekilli Kuznets Eğrisini de analiz etmeye yönelik model kurulmuştur. Çalışmada ayrıca dünya karbon emisyonuna ciddi oranda etkide bulunan yeni sanayileşmiş ülkeler NICs ele alınmıştır. 1970ten 2019a kadar geçen süre içinde çevresel bozulma ve ekonomik büyüme arasındaki ilişkiyi incelemek için panel veri analizi kullanılmıştır. Analizde öncelikle yatay kesit bağımlılığı CSD test edilmiş ve sonuçlara göre ikinci nesil testleri ile devam edileceği kararına varılmıştır. Ardından yapılan Westerlund eşbütünleşme analizinde seriler arasında eşbütünleşme olduğu ve uzun dönemde birlikte hareket edecekleri sonucu elde edilmiştir. Son olarak uzun dönem tahmincilerinden CCE metodu kullanılmış ve üç ayrı model kurularak analizler gerçekleştirilmiştir. Analizler neticesinde enerji tüketiminin karbon emisyonunu pozitif yönde etkilediği, panelin geneli için ters U şeklinde Kuznets Eğrisinin varlığının ve yine panelin genelinde N şekilli Kuznets eğrisinin varlığının kanıtlanamadığı sonuçlarına ulaşılmıştır.

Makale detayları

EVALUATION OF THE RELATIONSHIP BETWEEN ENERGY CONSUMPTION, ECONOMIC GROWTH, AND CARBON EMISSIONS IN THE CONTEXT OF THE N-SHAPED ENVIRONMENTAL KUZNETS CURVE: NEWLY INDUSTRIALIZED COUNTRIES (NICS)

Yazarlar:

Tuğba İnci

Yayıncı:

Hacettepe University

Ana Başlıklar:

Büyüme | Ekonometrik ve İstatistiksel Yöntemler

Dergi:

Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Vol.41 Issue 3, pp.453-469

Belge Tipi:

Makale

Yayın Tarihi:

9/2023

Belge Dili:

İngilizce

Document ID (Org No.):

2001299531

pISSN:

1301-8752

Economic Growth

Environmental Kuznets Curve

Carbon Emission

Energy ConsumptionEnerji Tüketimi

Ekonomik Büyüme

Çevresel Kuznets Eğrisi

Karbon Emisyonu

Sayı

Makale detayları

Yazarlar: Tuğba İnci

Yayıncı: Hacettepe University

Ana Başlıklar: Büyüme | Ekonometrik ve İstatistiksel Yöntemler

Dergi: Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Vol.41 Issue 3, pp.453-469

Belge Tipi: Makale

Yayın Tarihi: 9/2023

Belge Dili: İngilizce

Document ID (Org No.): 2001299531

pISSN: 1301-8752

Sayı

Yazarlar:

Tuğba İnci

Yayıncı:

Hacettepe University

Ana Başlıklar:

Büyüme | Ekonometrik ve İstatistiksel Yöntemler

Dergi:

Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Vol.41 Issue 3, pp.453-469

Belge Tipi:

Makale

Yayın Tarihi:

9/2023

Belge Dili:

İngilizce

Document ID (Org No.):

2001299531

pISSN:

1301-8752