THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH

Ejder AYÇİN (İstanbul Arel Üniversitesi, Kemal Gözükara Kampüsü, Uluslararası Ticaret ve Finans Bölümü, İstanbul, Türkiye)
Yönetim ve Ekonomi Araştırmaları Dergisi
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Yıl: 2019 Cilt: 17 Sayı: 4 Sayfa Aralığı: 1 - 16 Metin Dili: İngilizce DOI: http://dx.doi.org/10.11611/yead.497559 İndeks Tarihi: 29-04-2021

THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH

Öz:
The study examines empirically the nexus between financial development and carbon emission bygiving particular emphasis on non-linear relations between financial development and carbon emission.To this purpose we used data for 52 countries over the period 2001-2014 and estimated the empiricalmodel with System GMM method. The results indicate the validity of environmental Kuznets curve, andthe positive significant effect of urban population and electric consumption on the carbon emission.Results indicate that there is U shaped relation between financial development and carbon emissionindicating that at higher stages of financial development carbon emission increases by increasing rates.Moreover, the interaction variable between financial development and GDP per capita is positivesignificant.
Anahtar Kelime:

FİNANSAL GELİŞME VE KARBON SALINIMI İLİŞKİSİ: SİSTEM GMM YAKLAŞIMI

Öz:
Bu çalışma finansal gelişme ve karbon salınımı arasındaki ilişkiyi özellikle bu değişkenlerin arasındaki doğrusal olmayan ilişkiye yer vererek uygulamalı olarak incelemeyi amaçlamaktadır. Bu amaca uygun olarak belirlenen ekonometrik model 52 ülke ve 2001-2014 dönemi verisi kullanılarak, Sistem GMM yaklaşımı ile tahmin edilmiştir. Sonuçlar, çevresel Kuznets eğrisinin varlığını ve şehirsel nüfusun ve elektrik tüketiminin karbon salınımı üzerine pozitif etkileri olduğunu göstermiştir. Sonuçlar, finansal gelişme ve karbon salınımı arasında U-biçiminde bir ilişkinin olduğunu ve finansal gelişmenin ileri aşamalarında karbon salınımın yüksek derecelerde arttığını göstermiştir. İlaveten, kişi başına Gayrisafi Yurtiçi Hasıla ve finansal gelişme arasındaki etkileşimin katsayısının pozitif olduğu bulunmuştur.
Anahtar Kelime:

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
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APA Aycin E (2019). THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH. , 1 - 16. http://dx.doi.org/10.11611/yead.497559
Chicago Aycin Ejder THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH. (2019): 1 - 16. http://dx.doi.org/10.11611/yead.497559
MLA Aycin Ejder THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH. , 2019, ss.1 - 16. http://dx.doi.org/10.11611/yead.497559
AMA Aycin E THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH. . 2019; 1 - 16. http://dx.doi.org/10.11611/yead.497559
Vancouver Aycin E THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH. . 2019; 1 - 16. http://dx.doi.org/10.11611/yead.497559
IEEE Aycin E "THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH." , ss.1 - 16, 2019. http://dx.doi.org/10.11611/yead.497559
ISNAD Aycin, Ejder. "THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH". (2019), 1-16. https://doi.org/http://dx.doi.org/10.11611/yead.497559
APA Aycin E (2019). THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH. Yönetim ve Ekonomi Araştırmaları Dergisi, 17(4), 1 - 16. http://dx.doi.org/10.11611/yead.497559
Chicago Aycin Ejder THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH. Yönetim ve Ekonomi Araştırmaları Dergisi 17, no.4 (2019): 1 - 16. http://dx.doi.org/10.11611/yead.497559
MLA Aycin Ejder THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH. Yönetim ve Ekonomi Araştırmaları Dergisi, vol.17, no.4, 2019, ss.1 - 16. http://dx.doi.org/10.11611/yead.497559
AMA Aycin E THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH. Yönetim ve Ekonomi Araştırmaları Dergisi. 2019; 17(4): 1 - 16. http://dx.doi.org/10.11611/yead.497559
Vancouver Aycin E THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH. Yönetim ve Ekonomi Araştırmaları Dergisi. 2019; 17(4): 1 - 16. http://dx.doi.org/10.11611/yead.497559
IEEE Aycin E "THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH." Yönetim ve Ekonomi Araştırmaları Dergisi, 17, ss.1 - 16, 2019. http://dx.doi.org/10.11611/yead.497559
ISNAD Aycin, Ejder. "THE NEXUS BETWEEN FINANCIAL DEVELOPMENT AND CARBON EMISSION: SYSTEM GMM APPROACH". Yönetim ve Ekonomi Araştırmaları Dergisi 17/4 (2019), 1-16. https://doi.org/http://dx.doi.org/10.11611/yead.497559
Sayfa Oluşturulma Tarihi
17-04-2024 19:0

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