The effects of globalization on energy consumption: Evidence from EAGLEs
Yıl: 2022 Cilt: 10 Sayı: 3 Sayfa Aralığı: 885 - 894 Metin Dili: İngilizce DOI: 10.15295/bmij.v10i3.2081 İndeks Tarihi: 25-10-2022
The effects of globalization on energy consumption: Evidence from EAGLEs
Öz: Energy is seen as one of the critical inputs of the production process to ensure countries' economic and social development. Due to the increasing economic integration between countries in recent years, the relationship between globalization and energy consumption is frequently discussed. To contribute to the discussions on this subject, the effect of the globalization process on energy consumption was investigated in this study. In addition to globalization, economic growth, urbanization, and changes in public expenditures on energy consumption are also examined. In this context, panel data analysis was made for the period 1990-2019 by using annual data of 9 countries called EAGLEs (Emerging and Growth-leading Economies). The analysis framework applied cross-section dependency and Pesaran's (2007) CADF (Cross Sectional Dickey-Fuller) unit root tests. Then, coefficient estimates were made with the random-effects model. The findings show that the increase in globalization increases energy consumption. In addition, it has been determined that economic growth, included in the model as a control variable, has an increasing effect on energy consumption. In addition, it has been observed that the increase in urbanization has reduced effects on energy consumption, but the change in public expenditures has no effect.
Anahtar Kelime: Küreselleşmenin enerji tüketimi üzerindeki etkisi: EAGLEs ülkelerinden kanıtlar
Öz: Enerji, ülkelerin ekonomik ve sosyal gelişmelerini sağlamaları bakımından üretim sürecinin önemli girdilerinden biri olarak görülmektedir. Son yıllarda ülkeler arasında artan ekonomik entegrasyona bağlı olarak küreselleşme ile enerji tüketimi arasındaki ilişki sıklıkla tartışılmaktadır. Bu konudaki tartışmalara katkı sağlamak amacıyla bu çalışmada küreselleşme sürecinin enerji tüketimine olan etkisi araştırılmıştır. Küreselleşmenin yanında ekonomik büyüme, kentleşme ve kamu harcamalarındaki değişimin de enerji tüketimi üzerindeki etkisi belirlenmeye çalışılmıştır. Bu kapsamda EAGLEs (Yükselen ve Büyümede Öncü Ekonomiler) olarak adlandırılan 9 ülkeye ait yıllık veriler kullanılarak 1990-2019 dönemi için panel veri analizi yapılmıştır. Analiz çerçevesinde, ilk olarak yatay kesit bağımlılığı ve Pesaran (2007)’nin CADF (Cross Sectional Dickey-Fuller) birim kök testleri uygulanmıştır. Daha sonra tesadüfi etkiler modeliyle katsayı tahminleri yapılmıştır. Elde edilen bulgular küreselleşme düzeyindeki artışın enerji tüketimini arttırdığını göstermiştir. Ayrıca kontrol değişken niteliğinde modele dahil edilen ekonomik büyümenin de enerji tüketimini arttırıcı etkilerde bulunduğu tespit edilmiştir. Ayrıca enerji tüketiminde kentleşmedeki artışın azaltıcı etkilerinin olduğu fakat kamu harcamalarındaki değişimin bir etkisinin olmadığı görülmüştür.
Anahtar Kelime: Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
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| APA | YAVUZ V, ALTINER A, BOZKURT E (2022). The effects of globalization on energy consumption: Evidence from EAGLEs. , 885 - 894. 10.15295/bmij.v10i3.2081 |
| Chicago | YAVUZ Vildan,ALTINER ALI,BOZKURT Eda The effects of globalization on energy consumption: Evidence from EAGLEs. (2022): 885 - 894. 10.15295/bmij.v10i3.2081 |
| MLA | YAVUZ Vildan,ALTINER ALI,BOZKURT Eda The effects of globalization on energy consumption: Evidence from EAGLEs. , 2022, ss.885 - 894. 10.15295/bmij.v10i3.2081 |
| AMA | YAVUZ V,ALTINER A,BOZKURT E The effects of globalization on energy consumption: Evidence from EAGLEs. . 2022; 885 - 894. 10.15295/bmij.v10i3.2081 |
| Vancouver | YAVUZ V,ALTINER A,BOZKURT E The effects of globalization on energy consumption: Evidence from EAGLEs. . 2022; 885 - 894. 10.15295/bmij.v10i3.2081 |
| IEEE | YAVUZ V,ALTINER A,BOZKURT E "The effects of globalization on energy consumption: Evidence from EAGLEs." , ss.885 - 894, 2022. 10.15295/bmij.v10i3.2081 |
| ISNAD | YAVUZ, Vildan vd. "The effects of globalization on energy consumption: Evidence from EAGLEs". (2022), 885-894. https://doi.org/10.15295/bmij.v10i3.2081 |
| APA | YAVUZ V, ALTINER A, BOZKURT E (2022). The effects of globalization on energy consumption: Evidence from EAGLEs. Business and Management Studies: An International Journal, 10(3), 885 - 894. 10.15295/bmij.v10i3.2081 |
| Chicago | YAVUZ Vildan,ALTINER ALI,BOZKURT Eda The effects of globalization on energy consumption: Evidence from EAGLEs. Business and Management Studies: An International Journal 10, no.3 (2022): 885 - 894. 10.15295/bmij.v10i3.2081 |
| MLA | YAVUZ Vildan,ALTINER ALI,BOZKURT Eda The effects of globalization on energy consumption: Evidence from EAGLEs. Business and Management Studies: An International Journal, vol.10, no.3, 2022, ss.885 - 894. 10.15295/bmij.v10i3.2081 |
| AMA | YAVUZ V,ALTINER A,BOZKURT E The effects of globalization on energy consumption: Evidence from EAGLEs. Business and Management Studies: An International Journal. 2022; 10(3): 885 - 894. 10.15295/bmij.v10i3.2081 |
| Vancouver | YAVUZ V,ALTINER A,BOZKURT E The effects of globalization on energy consumption: Evidence from EAGLEs. Business and Management Studies: An International Journal. 2022; 10(3): 885 - 894. 10.15295/bmij.v10i3.2081 |
| IEEE | YAVUZ V,ALTINER A,BOZKURT E "The effects of globalization on energy consumption: Evidence from EAGLEs." Business and Management Studies: An International Journal, 10, ss.885 - 894, 2022. 10.15295/bmij.v10i3.2081 |
| ISNAD | YAVUZ, Vildan vd. "The effects of globalization on energy consumption: Evidence from EAGLEs". Business and Management Studies: An International Journal 10/3 (2022), 885-894. https://doi.org/10.15295/bmij.v10i3.2081 |
