SavedAdd your journal

Journals / Dicle Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2022 / Cilt: 12 - Sayı: 24

TRADE OPENNESS AND INDUSTRIAL ENERGY CONSUMPTION NEXUS IN TURKEY

TÜRKİYE’DE TİCARİ AÇIKLIK VE SANAYİDE ENERJİ TÜKETİMİ İLİŞKİSİ

Murat ERGÜL
Özgür Bayram SOYLU
Pages
34–48
Publication Date
2022-11-28
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

As a result of the random-effects model, it has been reached that the increases in trade openness in Turkey increase the energy consumption in the industry.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Trade openness, which expresses how flexible and easy or how rigid and problematic the commercial relations of countries with the outside world are, is examined from different perspectives in the economics literature, especially with the globalization process that has increased at an increasing pace since the beginning of the 90s.
📊
Key Findings & Data:This study, it is aimed to contribute to the literature by investigating a correlation between the trade openness obtained from 12 statistical regions in Turkey and the amount of energy consumed in the industrial sector.
💡
Conclusion & Impact:As a result of the random-effects model, it has been reached that the increases in trade openness in Turkey increase the energy consumption in the industry.
🔬Design:Modeling & Simulation
📍Scope:2015-2019 Verileri
⚙️Variables:Rassal Etkiler · Enerji Tüketimi · Ticari Açıklık

Abstract

Trade openness, which expresses how flexible and easy or how rigid and problematic the commercial relations of countries with the outside world are, is examined from different perspectives in the economics literature, especially with the globalization process that has increased at an increasing pace since the beginning of the 90s. Although most of the studies seem to gather around the aim of revealing the causal relationship between trade openness and growth, there are studies on many different subjects in the literature. On the other hand, it is seen that the analysis of trade openness on a regional basis remains very limited in both national and international literature. This study, it is aimed to contribute to the literature by investigating a correlation between the trade openness obtained from 12 statistical regions in Turkey and the amount of energy consumed in the industrial sector. To achieve this aim, the effect of trade openness on the energy consumption of the industrial sector has been examined with annual data and a random-effects model for the 2015-2019 period. As a result of the random-effects model, it has been reached that the increases in trade openness in Turkey increase the energy consumption in the industry.

Özet

Ticari açıklığın, küreselleşme süreciyle birlikte özellikle 90'lı yılların başından itibaren ilgi çekici bir araştırma konusu haline geldiği görülmektedir. Birçok çalışma ticari açıklık ve büyüme arasındaki nedensel ilişkiyi ortaya koymayı amaçlasa da konuyu farklı açılardan inceleyen başka çalışmalar da literatürde mevcuttur. Öte yandan, bölgesel bazda ticari açıklığı analiz eden çalışmalar hem ulusal hem de uluslararası literatürde oldukça sınırlı kalmaktadır. Ancak bu çalışmada, Türkiye'nin 12 istatistiksel bölgesi baz alınarak sanayi sektöründe ticari açıklık ile tüketilen enerji miktarı arasında bir ilişki araştırılarak literatüre katkı sağlanması amaçlanmaktadır. Bu nedenle ticari açıklığın sanayi sektörünün enerji tüketimine etkisi 2015-2019 dönemi için yıllık veriler ve rassal etkiler modeli ile incelenmiştir. Kullanılan model sonucunda elde edilen bulgulara göre, Türkiye'de ticari dışa açıklığın artması sanayi sektörüdeki enerji tüketim miktarını da artıracaktır.

🔖

Cite This Article

ERGÜL, M., SOYLU, Ö. B. (2022). TRADE OPENNESS AND INDUSTRIAL ENERGY CONSUMPTION NEXUS IN TURKEY. Dicle Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Cilt: 12 - Sayı: 24, 34–48. https://ajindex.com/articles/858731

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (16)

  1. Akinlo, A. E. (2008). Energy consumption and economic growth: Evidence from 11 Sub-Sahara African countries. Energy economics, 30(5), 2391-2400.
  2. Alkhateeb, T. T. Y., & Mahmood, H. (2019). Energy consumption and trade openness nexus in Egypt: Asymmetry analysis. Energies, 12(10), 2018.
  3. Aslan, A., Öcal, O., & Shahbaz, M. (2017). Energy Consumption–Trade Openness–Economic Growth Nexus in G-8 Countries. Kapadokya Akademik Bakış, 1(1), 71-97.
  4. Barro, R. J., & Sala-i-Martin, X. (1992). Convergence. Journal of political Economy, 100(2), 223-251.
  5. Belke, A., Dobnik, F., & Dreger, C. (2011). Energy consumption and economic growth: New insights into the cointegration relationship. Energy Economics, 33(5), 782-789.
  6. Çetin, M., & Çınar, U. (2021). Ticari Dışa Açıklık Ve Enerji Tüketimi Arasındaki İlişki: Türkiye Ekonomisi İçin Bir Zaman Serisi Analizi. Doğuş Üniversitesi Dergisi, 22(1), 57-74.
  7. Chontanawat, J., Hunt, L. C., & Pierse, R. (2008). Does energy consumption cause economic growth?: Evidence from a systematic study of over 100 countries. Journal of policy modeling, 30(2), 209-220.
  8. Emeç, A. S., & Yarbaşı, İ. Y. (2018). Ticari Dışa Açıklık İle Enerji Tüketimi Arasındaki Simetrik Ve Asimetrik Nedensellik İlişkisi: Türkiye Örneği. Erzurum Teknik Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, 3(6), 193-206.
  9. Erkan, C., Mucuk, M., & Uysal, D. (2010). The impact of energy consumption on exports: The Turkish case. Asian Journal of Business Management, 2(1), 17-23.
  10. Ersungur, Ş.M. (2016). Bölgesel iktisat, teori,politika ve uygulama. Ankara (2016), İmaj Kitapevi, sf:5-6
  11. Greenaway, D., Morgan, W., & Wright, P. (1997). Trade liberalization and growth in developing countries: Some new evidence. World Development, 25(11), 1885-1892.
  12. Kyophilavong, P., Shahbaz, M., Anwar, S., & Masood, S. (2015). The energy-growth nexus in Thailand: does trade openness boost up energy consumption?. Renewable and Sustainable Energy Reviews, 46, 265-274.
  13. Lee, C. C., & Chang, C. P. (2008). Energy consumption and economic growth in Asian economies: a more comprehensive analysis using panel data. Resource and energy Economics, 30(1), 50-65.
  14. Odhiambo, N. M. (2009). Energy consumption and economic growth nexus in Tanzania: An ARDL bounds testing approach. Energy policy, 37(2), 617-622.
  15. Odhiambo, N. M. (2021). Trade openness and energy consumption in sub-Saharan African countries: A multivariate panel Granger causality test. Energy Reports, 7, 7082-7089.
  16. OECD (2020), OECD Regions and Cities at a Glance