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YENİ SANAYİLEŞEN ÜLKELERDE (N11) ENERJİ YOKSULLUĞU VE EKONOMİK BÜYÜME İLİŞKİSİ

Year 2023, Issue: 64, 47 - 51, 27.04.2023
https://doi.org/10.18070/erciyesiibd.1216699

Abstract

Ülkelerin ekonomik büyüme hedeflerini gerçekleştirmelerinde enerji önemli bir araçtır. Enerjiye erişim, endüstrileşmenin temel konuları arasındadır. Dolayısıyla yeni sanayileşen ülkelerin (N11) enerji yoksulluğu ile ekonomik büyüme ilişkisinin incelenmesi bu çalışmanın temel amacını oluşturmaktadır. N11 ülkelerinin 2000-2019 dönemine ait verileri; Westerlund panel eşbütünleşme, FMOLS (Fully modified ordinary least squares), DOLS (Dynamic ordinary least squares) ve Dumitrescu-Hurlin nedensellik testleri kullanılarak incelenmiştir. Yapılan analizler sonucunda, enerji yoksulluğu ile ekonomik büyüme arasında eşbütünleşme ilişkisi tespit edilmiştir. Enerji yoksulluğunda yaşanacak %1’lik artışın ekonomik büyümeyi %0.45 (FMOLS), %0.34 (DOLS) artıracağı tespit edilmiştir. Son olarak, enerji yoksulluğu ve ekonomik büyüme arasında çift yönlü nedensellik vardır hipotezi istatistiki olarak anlamlı bulunmuştur. Bu sonuçlardan hareketle, enerji yoksulluğunun azaltılması adına; yenilebilir enerji kaynaklarının artırılması, elde edilen enerjinin etkin ve verimli kullanılması konusunda politika yapıcılara önerilerde bunulmuştur.

References

  • Acharya, R. H., & Sadath, A. C. (2019). Energy poverty and economic development: Household-level evidence from India. Energy and Buildings, 183, 785–791. https://doi.org/10.1016/J.ENBUILD.2018.11.047
  • Adusah-Poku, F., & Takeuchi, K. (2019). Energy poverty in Ghana: any progress so far? Renewable and Sustainable Energy Reviews, 112, 853–864.
  • Aigheyisi, O., & Oligbi, B. O. (2020). Energy poverty and economic development in Nigeria: Empirical analysis. KIU Interdisciplinary Journal of Humanities and Social Sciences, 1(2), 183–193.
  • Alam, M. S., Miah, M. D., Hammoudeh, S., & Tiwari, A. K. (2018). The nexus between access to electricity and labour productivity in developing countries. Energy Policy, 122, 715–726.
  • Altıntaş, H., & Koçbulut, Ö. (2015). Türkiye’de Elektrik Tüketiminin Dinamikleri ve Ekonomik Büyüme: Sınır Testi ve Nedensellik Analizi. Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 0(43), 37–65. https://doi.org/10.18070/EUIIBFD.83502
  • Amin, A., Liu, Y., Yu, J., Chandio, A. A., Rasool, S. F., Luo, J., & Zaman, S. (2020). How does energy poverty affect economic development? A panel data analysis of South Asian countries. Environmental Science and Pollution Research, 27(25), 31623–31635. https://doi.org/10.1007/S11356-020-09173-6/TABLES/8
  • Amri, F. (2017). Intercourse across economic growth, trade and renewable energy consumption in developing and developed countries. Renewable and Sustainable Energy Reviews, 69, 527–534. https://doi.org/10.1016/j.rser.2016.11.230
  • Ansari, M. A., Villanthenkodath, M. A., Akram, V., & Rath, B. N. (2022). The nexus between ecological footprint, economic growth, and energy poverty in sub-Saharan Africa: a technological threshold approach. Environment, Development and Sustainability 2022, 1–28. https://doi.org/10.1007/S10668-022-02377-5
  • Apergis, N., & Payne, J. E. (2010). Renewable energy consumption and economic growth: Evidence from a panel of OECD countries. Energy Policy, 38(1), 656–660. https://doi.org/10.1016/J.ENPOL.2009.09.002
  • Brini, R., Amara, M., & Jemmali, H. (2017). Renewable energy consumption, International trade, oil price and economic growth inter-linkages: The case of Tunisia. Renewable and Sustainable Energy Reviews, 76, 620–627. https://doi.org/10.1016/J.RSER.2017.03.067
  • Cherni, A., & Essaber Jouini, S. (2017). An ARDL approach to the CO2 emissions, renewable energy and economic growth nexus: Tunisian evidence. International Journal of Hydrogen Energy, 42(48), 29056–29066. https://doi.org/10.1016/J.IJHYDENE.2017.08.072
  • Dagoumas, A., & Kitsios, F. (2014). Assessing the impact of the economic crisis on energy poverty in Greece. Sustainable Cities and Society, 13, 267–278. https://doi.org/10.1016/J.SCS.2014.02.004
  • Doğanalp, N., Ozsolak, B., & Aslan, A. (2021). The effects of energy poverty on economic growth: a panel data analysis for BRICS countries. Environmental Science and Pollution Research, 28(36), 50167–50178. https://doi.org/10.1007/s11356-021-14185-x
  • González-Eguino, M. (2015). Energy poverty: An overview. Renewable and Sustainable Energy Reviews, 47, 377–385. https://doi.org/10.1016/J.RSER.2015.03.013
  • Groh, S. (2014). The role of energy in development processes—The energy poverty penalty: Case study of Arequipa (Peru). Energy for Sustainable Development, 18(1), 83–99. https://doi.org/10.1016/J.ESD.2013.12.002
  • Husnain, M. I. ul, Nasrullah, N., Khan, M. A., & Banerjee, S. (2021). Scrutiny of income related drivers of energy poverty: A global perspective. Energy Policy, 157, 112517. https://doi.org/10.1016/J.ENPOL.2021.112517
  • International Energy Agency (IEA). (2016). World Energy Outlook 2006. Paris. Tarihinde adresinden erişildi https://www.iea.org/reports/world-energy-outlook-2006
  • Ito, K. (2017). CO2 emissions, renewable and non-renewable energy consumption, and economic growth: Evidence from panel data for developing countries. International Economics, 151, 1–6. https://doi.org/10.1016/J.INTECO.2017.02.001
  • Kahia, M., Ben Aïssa, M. S., & Charfeddine, L. (2016). Impact of renewable and non-renewable energy consumption on economic growth: New evidence from the MENA Net Oil Exporting Countries (NOECs). Energy, 116, 102–115. https://doi.org/10.1016/J.ENERGY.2016.07.126
  • Lawson, S., Heacock, D., & Stupnytska, A. (2007). Beyond the BRICS: A look at the “Next 11”. BRICS and Beyond, 131–164.
  • Manga, M. (2020). Enerji Yoksulluğu ve Ekonomik Büyüme İlişkisi. Bulletin of Economic Theory and Analysis, 5(2), 101–114. https://doi.org/10.25229/BETA.812850
  • Munyanyi, M. E., & Churchill, S. A. (2022). Foreign aid and energy poverty: Sub-national evidence from Senegal. Energy Economics, 108, 105899.
  • Narayan, S., & Doytch, N. (2017). An investigation of renewable and non-renewable energy consumption and economic growth nexus using industrial and residential energy consumption. Energy Economics, 68, 160–176. https://doi.org/10.1016/J.ENECO.2017.09.005
  • Onuonga, S. M. (2020). Economic growth, electricity access, and remittances in Kenya. Management and Economics Research Journal, 6(2), 1–13.
  • Onyeji, I. (2010). On the Determinants of Energy Poverty in Sub-Saharan Africa Ijeoma Onyeji. African Institute for Applied Economics, (5), 37.
  • Pesaran, M. H. (2007). A simple panel unit root test in the presence of cross-section dependence. Journal of Applied Econometrics, 22(2), 265–312. https://doi.org/10.1002/JAE.951
  • Rafindadi, A. A., & Ozturk, I. (2017). Impacts of renewable energy consumption on the German economic growth: Evidence from combined cointegration test. Renewable and Sustainable Energy Reviews, 75, 1130–1141. https://doi.org/10.1016/J.RSER.2016.11.093
  • Reddy, A. K. N. (2015). Energy and Social Issues. Içinde J. Goldemberg (Ed.), World Energy Assessment: Energy and the Challenge of Sustainability (ss. 39–61). New York: UNDP. Tarihinde adresinden erişildi https://www.undp.org/publications/world-energy-assessment-energy-and-challenge-sustainability
  • Rehman, A., & Deyuan, Z. (2018). Investigating the linkage between economic growth, electricity access, energy use, and population growth in Pakistan. Applied sciences, 8(12), 2442.
  • Rehman, A., Deyuan, Z., Chandio, A. A., & Hussain, I. (2018). An empirical analysis of rural and urban populations’ access to electricity: evidence from Pakistan. Energy, Sustainability and Society, 8(1), 1–9.
  • Sathaye, J., Lucon, O., Rahman, A., Christensen, J., Denton, F., Fujino, J., … Schlaepfer, A. (2011). Renewable energy in the context of sustainable development.
  • Shafiee, S., & Topal, E. (2008). An econometrics view of worldwide fossil fuel consumption and the role of US. Energy Policy, 36(2), 775–786. https://doi.org/10.1016/J.ENPOL.2007.11.002
  • Singh, K., & Inglesi-Lotz, R. (2021). The role of energy poverty on economic growth in sub-Saharan African countries. Economics of Energy & Environmental Policy, 10(1), 105–122.
  • Tatlı, H., & Barak, D. (2019). Elektriğe Erişimin Ekonomik Büyüme Üzerindeki Etkisi: Türkiye’deki Kanıtlar. 2. Uluslararası Sosyal Bilimler ve İnovasyon Kongresi, 345–356. Elazığ.
  • Ullah, S., Khan, M., & Yoon, S. M. (2021). Measuring Energy Poverty and Its Impact on Economic Growth in Pakistan. Sustainability, 13(19), 10969. https://doi.org/10.3390/SU131910969
  • Westerlund, J. (2008). Panel cointegration tests of the Fisher effect. Journal of Applied Econometrics, 23(2), 193–233. https://doi.org/10.1002/JAE.967
  • Zhang, R. J., & Razzaq, A. (2022). Influence of economic policy uncertainty and financial development on renewable energy consumption in the BRICST region. Renewable Energy, 201, 526–533. https://doi.org/10.1016/J.RENENE.2022.10.107

THE NEXUS BETWEEN ENERGY POVERTY AND ECONOMIC GROWTH IN NEW INDUSTRIALIZING COUNTRIES (N11)

Year 2023, Issue: 64, 47 - 51, 27.04.2023
https://doi.org/10.18070/erciyesiibd.1216699

Abstract

Energy is an important tool for countries to achieve their economic growth goal. Access to energy is among the main issues of industrialization. Therefore, analyzing the relationship of newly industrialized countries (N11) with energy poverty and economic growth constitutes the main purpose of this study. Data of N11 countries for the period 2000-2019; was investigated using Westerlund panel cointegration, FMOLS (Fully modified ordinary least squares), DOLS (Dynamic ordinary least squares) and Dumitrescu-Hurlin causality tests. According to the result, a cointegration relationship was determined between energy poverty and economic growth. An 1% increase in energy poverty will increase economic growth by 0.45% (FMOLS) and 0.34% (DOLS). Finally, the hypothesis that there is bidirectional causality between energy poverty and economic growth valid and statistically significant. Based on these results, in order to reduce energy poverty; has been made recommendations to policy makers on increasing renewable energy resources and using the energy obtained effectively and efficiently.

References

  • Acharya, R. H., & Sadath, A. C. (2019). Energy poverty and economic development: Household-level evidence from India. Energy and Buildings, 183, 785–791. https://doi.org/10.1016/J.ENBUILD.2018.11.047
  • Adusah-Poku, F., & Takeuchi, K. (2019). Energy poverty in Ghana: any progress so far? Renewable and Sustainable Energy Reviews, 112, 853–864.
  • Aigheyisi, O., & Oligbi, B. O. (2020). Energy poverty and economic development in Nigeria: Empirical analysis. KIU Interdisciplinary Journal of Humanities and Social Sciences, 1(2), 183–193.
  • Alam, M. S., Miah, M. D., Hammoudeh, S., & Tiwari, A. K. (2018). The nexus between access to electricity and labour productivity in developing countries. Energy Policy, 122, 715–726.
  • Altıntaş, H., & Koçbulut, Ö. (2015). Türkiye’de Elektrik Tüketiminin Dinamikleri ve Ekonomik Büyüme: Sınır Testi ve Nedensellik Analizi. Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 0(43), 37–65. https://doi.org/10.18070/EUIIBFD.83502
  • Amin, A., Liu, Y., Yu, J., Chandio, A. A., Rasool, S. F., Luo, J., & Zaman, S. (2020). How does energy poverty affect economic development? A panel data analysis of South Asian countries. Environmental Science and Pollution Research, 27(25), 31623–31635. https://doi.org/10.1007/S11356-020-09173-6/TABLES/8
  • Amri, F. (2017). Intercourse across economic growth, trade and renewable energy consumption in developing and developed countries. Renewable and Sustainable Energy Reviews, 69, 527–534. https://doi.org/10.1016/j.rser.2016.11.230
  • Ansari, M. A., Villanthenkodath, M. A., Akram, V., & Rath, B. N. (2022). The nexus between ecological footprint, economic growth, and energy poverty in sub-Saharan Africa: a technological threshold approach. Environment, Development and Sustainability 2022, 1–28. https://doi.org/10.1007/S10668-022-02377-5
  • Apergis, N., & Payne, J. E. (2010). Renewable energy consumption and economic growth: Evidence from a panel of OECD countries. Energy Policy, 38(1), 656–660. https://doi.org/10.1016/J.ENPOL.2009.09.002
  • Brini, R., Amara, M., & Jemmali, H. (2017). Renewable energy consumption, International trade, oil price and economic growth inter-linkages: The case of Tunisia. Renewable and Sustainable Energy Reviews, 76, 620–627. https://doi.org/10.1016/J.RSER.2017.03.067
  • Cherni, A., & Essaber Jouini, S. (2017). An ARDL approach to the CO2 emissions, renewable energy and economic growth nexus: Tunisian evidence. International Journal of Hydrogen Energy, 42(48), 29056–29066. https://doi.org/10.1016/J.IJHYDENE.2017.08.072
  • Dagoumas, A., & Kitsios, F. (2014). Assessing the impact of the economic crisis on energy poverty in Greece. Sustainable Cities and Society, 13, 267–278. https://doi.org/10.1016/J.SCS.2014.02.004
  • Doğanalp, N., Ozsolak, B., & Aslan, A. (2021). The effects of energy poverty on economic growth: a panel data analysis for BRICS countries. Environmental Science and Pollution Research, 28(36), 50167–50178. https://doi.org/10.1007/s11356-021-14185-x
  • González-Eguino, M. (2015). Energy poverty: An overview. Renewable and Sustainable Energy Reviews, 47, 377–385. https://doi.org/10.1016/J.RSER.2015.03.013
  • Groh, S. (2014). The role of energy in development processes—The energy poverty penalty: Case study of Arequipa (Peru). Energy for Sustainable Development, 18(1), 83–99. https://doi.org/10.1016/J.ESD.2013.12.002
  • Husnain, M. I. ul, Nasrullah, N., Khan, M. A., & Banerjee, S. (2021). Scrutiny of income related drivers of energy poverty: A global perspective. Energy Policy, 157, 112517. https://doi.org/10.1016/J.ENPOL.2021.112517
  • International Energy Agency (IEA). (2016). World Energy Outlook 2006. Paris. Tarihinde adresinden erişildi https://www.iea.org/reports/world-energy-outlook-2006
  • Ito, K. (2017). CO2 emissions, renewable and non-renewable energy consumption, and economic growth: Evidence from panel data for developing countries. International Economics, 151, 1–6. https://doi.org/10.1016/J.INTECO.2017.02.001
  • Kahia, M., Ben Aïssa, M. S., & Charfeddine, L. (2016). Impact of renewable and non-renewable energy consumption on economic growth: New evidence from the MENA Net Oil Exporting Countries (NOECs). Energy, 116, 102–115. https://doi.org/10.1016/J.ENERGY.2016.07.126
  • Lawson, S., Heacock, D., & Stupnytska, A. (2007). Beyond the BRICS: A look at the “Next 11”. BRICS and Beyond, 131–164.
  • Manga, M. (2020). Enerji Yoksulluğu ve Ekonomik Büyüme İlişkisi. Bulletin of Economic Theory and Analysis, 5(2), 101–114. https://doi.org/10.25229/BETA.812850
  • Munyanyi, M. E., & Churchill, S. A. (2022). Foreign aid and energy poverty: Sub-national evidence from Senegal. Energy Economics, 108, 105899.
  • Narayan, S., & Doytch, N. (2017). An investigation of renewable and non-renewable energy consumption and economic growth nexus using industrial and residential energy consumption. Energy Economics, 68, 160–176. https://doi.org/10.1016/J.ENECO.2017.09.005
  • Onuonga, S. M. (2020). Economic growth, electricity access, and remittances in Kenya. Management and Economics Research Journal, 6(2), 1–13.
  • Onyeji, I. (2010). On the Determinants of Energy Poverty in Sub-Saharan Africa Ijeoma Onyeji. African Institute for Applied Economics, (5), 37.
  • Pesaran, M. H. (2007). A simple panel unit root test in the presence of cross-section dependence. Journal of Applied Econometrics, 22(2), 265–312. https://doi.org/10.1002/JAE.951
  • Rafindadi, A. A., & Ozturk, I. (2017). Impacts of renewable energy consumption on the German economic growth: Evidence from combined cointegration test. Renewable and Sustainable Energy Reviews, 75, 1130–1141. https://doi.org/10.1016/J.RSER.2016.11.093
  • Reddy, A. K. N. (2015). Energy and Social Issues. Içinde J. Goldemberg (Ed.), World Energy Assessment: Energy and the Challenge of Sustainability (ss. 39–61). New York: UNDP. Tarihinde adresinden erişildi https://www.undp.org/publications/world-energy-assessment-energy-and-challenge-sustainability
  • Rehman, A., & Deyuan, Z. (2018). Investigating the linkage between economic growth, electricity access, energy use, and population growth in Pakistan. Applied sciences, 8(12), 2442.
  • Rehman, A., Deyuan, Z., Chandio, A. A., & Hussain, I. (2018). An empirical analysis of rural and urban populations’ access to electricity: evidence from Pakistan. Energy, Sustainability and Society, 8(1), 1–9.
  • Sathaye, J., Lucon, O., Rahman, A., Christensen, J., Denton, F., Fujino, J., … Schlaepfer, A. (2011). Renewable energy in the context of sustainable development.
  • Shafiee, S., & Topal, E. (2008). An econometrics view of worldwide fossil fuel consumption and the role of US. Energy Policy, 36(2), 775–786. https://doi.org/10.1016/J.ENPOL.2007.11.002
  • Singh, K., & Inglesi-Lotz, R. (2021). The role of energy poverty on economic growth in sub-Saharan African countries. Economics of Energy & Environmental Policy, 10(1), 105–122.
  • Tatlı, H., & Barak, D. (2019). Elektriğe Erişimin Ekonomik Büyüme Üzerindeki Etkisi: Türkiye’deki Kanıtlar. 2. Uluslararası Sosyal Bilimler ve İnovasyon Kongresi, 345–356. Elazığ.
  • Ullah, S., Khan, M., & Yoon, S. M. (2021). Measuring Energy Poverty and Its Impact on Economic Growth in Pakistan. Sustainability, 13(19), 10969. https://doi.org/10.3390/SU131910969
  • Westerlund, J. (2008). Panel cointegration tests of the Fisher effect. Journal of Applied Econometrics, 23(2), 193–233. https://doi.org/10.1002/JAE.967
  • Zhang, R. J., & Razzaq, A. (2022). Influence of economic policy uncertainty and financial development on renewable energy consumption in the BRICST region. Renewable Energy, 201, 526–533. https://doi.org/10.1016/J.RENENE.2022.10.107
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Details

Primary Language Turkish
Journal Section Makaleler
Authors

Yusuf Kemal Öztürk 0000-0001-8918-0500

Bekir Çelik 0000-0002-6345-4064

Early Pub Date April 18, 2023
Publication Date April 27, 2023
Acceptance Date February 14, 2023
Published in Issue Year 2023 Issue: 64

Cite

APA Öztürk, Y. K., & Çelik, B. (2023). YENİ SANAYİLEŞEN ÜLKELERDE (N11) ENERJİ YOKSULLUĞU VE EKONOMİK BÜYÜME İLİŞKİSİ. Erciyes Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi(64), 47-51. https://doi.org/10.18070/erciyesiibd.1216699

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