Yıl 2018, Cilt 13, Sayı 3, Sayfalar 69 - 88 2018-12-31

The Link between Financial Development and Energy Consumption in Turkey: A Time Series Evidence
Türkiye’de Finansal Gelişme ve Enerji Tüketimi İlişkisi: Bir Zaman Serisi Kanıtı

Murat Çetin [1]

15 61

This paper examines the relationship between financial development and energy consumption in case of Turkey during the period 1980-2015 by adding economic growth and urbanization to the energy consumption specification. The ARDL bounds test indicates the existence of a long run relationship among financial development, economic growth, urbanization and energy consumption under the structural breaks. The DOLS estimation results reveal that energy consumption is determined by urbanization and financial develoment, respectively. The Toda-Yamamoto causality analysis indicates the presence of a causality running from financial development to energy consumption. In addition, a causality running from economic growth and urbanization to energy consumption is not found. The results can exhibit some policy implications for Turkey.

Bu çalışma, finansal gelişme ile enerji tüketimi arasındaki ilişkiyi Türkiye örneğinde 1980-2015 döneminde ekonomik büyüme ve kentleşmeyi enerji tüketimi modeline dahil ederek incelemektedir. ARDL sınır testi, yapısal kırılmalar altında finansal gelişme, ekonomik büyüme, kentleşme ve enerji tüketimi arasında bir uzun dönem ilişkisinin varlığını göstermektedir. DOLS tahmin sonuçlarına göre; enerji tüketimi sırasıyla kentleşme ve finansal gelişme tarafından belirlenmektedir. Toda-Yamamoto nedensellik analizi, finansal gelişmeden enerji tüketimine doğru işleyen bir nedenselliğin varlığını göstermektedir. İlaveten, ekonomik büyüme ve kentleşmeden enerji tüketimine doğru işleyen bir nedenselliğe rastlanmamıştır. Sonuçlar, Türkiye için bazı politika eğilimleri ortaya koyabilmektedir.
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Orcid: 0000-0002-7886-4162
Yazar: Murat Çetin (Sorumlu Yazar)
Kurum: NAMIK KEMAL ÜNİVERSİTESİ
Ülke: Turkey


Bibtex @araştırma makalesi { oguiibf421936, journal = {Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi}, issn = {1306-6730}, address = {Eskişehir Osmangazi Üniversitesi}, year = {2018}, volume = {13}, pages = {69 - 88}, doi = {10.17153/oguiibf.421936}, title = {Türkiye’de Finansal Gelişme ve Enerji Tüketimi İlişkisi: Bir Zaman Serisi Kanıtı}, key = {cite}, author = {Çetin, Murat} }
APA Çetin, M . (2018). Türkiye’de Finansal Gelişme ve Enerji Tüketimi İlişkisi: Bir Zaman Serisi Kanıtı. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, 13 (3), 69-88. DOI: 10.17153/oguiibf.421936
MLA Çetin, M . "Türkiye’de Finansal Gelişme ve Enerji Tüketimi İlişkisi: Bir Zaman Serisi Kanıtı". Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 13 (2018): 69-88 <http://dergipark.gov.tr/oguiibf/issue/41673/421936>
Chicago Çetin, M . "Türkiye’de Finansal Gelişme ve Enerji Tüketimi İlişkisi: Bir Zaman Serisi Kanıtı". Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 13 (2018): 69-88
RIS TY - JOUR T1 - Türkiye’de Finansal Gelişme ve Enerji Tüketimi İlişkisi: Bir Zaman Serisi Kanıtı AU - Murat Çetin Y1 - 2018 PY - 2018 N1 - doi: 10.17153/oguiibf.421936 DO - 10.17153/oguiibf.421936 T2 - Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi JF - Journal JO - JOR SP - 69 EP - 88 VL - 13 IS - 3 SN - 1306-6730- M3 - doi: 10.17153/oguiibf.421936 UR - http://dx.doi.org/10.17153/oguiibf.421936 Y2 - 2018 ER -
EndNote %0 Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi Türkiye’de Finansal Gelişme ve Enerji Tüketimi İlişkisi: Bir Zaman Serisi Kanıtı %A Murat Çetin %T Türkiye’de Finansal Gelişme ve Enerji Tüketimi İlişkisi: Bir Zaman Serisi Kanıtı %D 2018 %J Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi %P 1306-6730- %V 13 %N 3 %R doi: 10.17153/oguiibf.421936 %U 10.17153/oguiibf.421936
ISNAD Çetin, Murat . "Türkiye’de Finansal Gelişme ve Enerji Tüketimi İlişkisi: Bir Zaman Serisi Kanıtı". Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 13 / 3 (Aralık 2019): 69-88. http://dx.doi.org/10.17153/oguiibf.421936