A Global Empirical Research on the Relationship Between Urbanization, Renewable Energy and Foreign Direct Investments in the Centenary of the Republic of Turkiye

Mustafa Latif Emek

Article Details

A Global Empirical Research on the Relationship Between Urbanization, Renewable Energy and Foreign Direct Investments in the Centenary of the Republic of Turkiye

Authors:

Mustafa Latif Emek

Publisher:

Ahmet FİDAN

Main Topics:

Ekoloji | Sürdürülebilirlik ve Enerji | Konut Piyasası | Kalkınma ve Yönetim

Journal:

Kent Akademisi Vol.16 Issue Türkiye Cumhuriyetinin 100. Yılı Özel Sayısı | Special Issue for the 100th Anniversary of the Republic of Türkiye, pp.498-511

Document Type:

Article

Publication Date:

10/2023

Document Language:

Turkish

Document ID (Org No.):

2001298405

pISSN:

2146-9229

Keywords:

Abstract:

 The relationship between foreign direct investments, urbanization and renewable energy consumption is investigated in 39 countries belonging to different income groups selected in the 1990-2020 period. In the study, the CIPS test is used to determine the series stationarity. After establishing the panel VAR model based on the GMM method, Dumitrescu-Hurlin causality test, variance decomposition method and impulse-response analysis were performed to reveal the interaction between the variables. The findings prove the existence of unidirectional causality running from foreign direct investment to renewable energy consumption and from renewable energy consumption to urbanization. In addition, it is determined that renewable energy has a negative effect on urbanization and foreign direct investments have a positive effect on renewable energy. However, these effects are observed to be quite low. Similar scientific studies to be conducted in our country on the centenary of the Republic will be a reference for our countrys decision-making authorities in determining their policies.

 The relationship between foreign direct investments, urbanization and renewable energy consumption is investigated in 39 countries belonging to different income groups selected in the 1990-2020 period. In the study, the CIPS test is used to determine the series stationarity. After establishing the panel VAR model based on the GMM method, Dumitrescu-Hurlin causality test, variance decomposition method and impulse-response analysis were performed to reveal the interaction between the variables. The findings prove the existence of unidirectional causality running from foreign direct investment to renewable energy consumption and from renewable energy consumption to urbanization. In addition, it is determined that renewable energy has a negative effect on urbanization and foreign direct investments have a positive effect on renewable energy. However, these effects are observed to be quite low. Similar scientific studies to be conducted in our country on the centenary of the Republic will be a reference for our countrys decision-making authorities in determining their policies.

 The relationship between foreign direct investments, urbanization and renewable energy consumption is investigated in 39 countries belonging to different income groups selected in the 1990-2020 period. In the study, the CIPS test is used to determine the series stationarity. After establishing the panel VAR model based on the GMM method, Dumitrescu-Hurlin causality test, variance decomposition method and impulse-response analysis were performed to reveal the interaction between the variables. The findings prove the existence of unidirectional causality running from foreign direct investment to renewable energy consumption and from renewable energy consumption to urbanization. In addition, it is determined that renewable energy has a negative effect on urbanization and foreign direct investments have a positive effect on renewable energy. However, these effects are observed to be quite low. Similar scientific studies to be conducted in our country on the centenary of the Republic will be a reference for our countrys decision-making authorities in determining their policies.

 1990-2020 döneminde seçilen farklı gelir gruplarına ait 39 ülkede doğrudan yabancı yatırımlar, kentleşme ve yenilenebilir enerji tüketimi arasındaki ilişkinin incelendiği bu çalışmada serilerin durağanlık analizi CIPS testi ile yapılmıştır. GMM yöntemine dayalı panel VAR modeli kurulduktan sonra değişkenler arasındaki etkileşimi ortaya çıkarmak için Dumitrescu-Hurlin nedensellik testi, varyans ayrıştırma yöntemi ve etki-tepki analizi yapılmıştır. Bulgular, doğrudan yabancı yatırımdan yenilenebilir enerji tüketimine ve yenilenebilir enerji tüketiminden kentleşmeye doğru tek yönlü bir nedenselliğin varlığını kanıtlamaktadır. Ayrıca, yenilenebilir enerjinin kentleşme üzerinde olumsuz, doğrudan yabancı yatırımların ise yenilenebilir enerji üzerinde olumlu etkisi olduğu tespit edildi. Ancak bu etkilerin oldukça düşük olduğu görülmektedir. Cumhuriyetin yüzüncü yılında ülkemizde de yapılacak olan benzer nitelikli bilimsel çalışmalar ülkemizin karar alıcı mercileri için politikalarını belirleme noktasında referans olacaktır.

Article Details

A Global Empirical Research on the Relationship Between Urbanization, Renewable Energy and Foreign Direct Investments in the Centenary of the Republic of Turkiye

Authors:

Mustafa Latif Emek

Publisher:

Ahmet FİDAN

Main Topics:

Ekoloji | Sürdürülebilirlik ve Enerji | Konut Piyasası | Kalkınma ve Yönetim

Journal:

Kent Akademisi Vol.16 Issue Türkiye Cumhuriyetinin 100. Yılı Özel Sayısı | Special Issue for the 100th Anniversary of the Republic of Türkiye, pp.498-511

Document Type:

Article

Publication Date:

10/2023

Document Language:

Turkish

Document ID (Org No.):

2001298405

pISSN:

2146-9229

Renewable Energy Consumption

Foreign Direct Investments

UrbanizationYenilenebilir Enerji Tüketimi

Doğrudan Yabancı Yatırımlar

Şehirleşme

Issues

Article Details

A Global Empirical Research on the Relationship Between Urbanization, Renewable Energy and Foreign Direct Investments in the Centenary of the Republic of Turkiye

Authors: Mustafa Latif Emek

Publisher: Ahmet FİDAN

Main Topics: Ekoloji | Sürdürülebilirlik ve Enerji | Konut Piyasası | Kalkınma ve Yönetim

Journal: Kent Akademisi Vol.16 Issue Türkiye Cumhuriyetinin 100. Yılı Özel Sayısı | Special Issue for the 100th Anniversary of the Republic of Türkiye, pp.498-511

Document Type: Article

Publication Date: 10/2023

Document Language: Turkish

Document ID (Org No.): 2001298405

pISSN: 2146-9229

Renewable Energy Consumption

Foreign Direct Investments

UrbanizationYenilenebilir Enerji Tüketimi

Doğrudan Yabancı Yatırımlar

Şehirleşme

Issues

Authors:

Mustafa Latif Emek

Publisher:

Ahmet FİDAN

Main Topics:

Ekoloji | Sürdürülebilirlik ve Enerji | Konut Piyasası | Kalkınma ve Yönetim

Journal:

Kent Akademisi Vol.16 Issue Türkiye Cumhuriyetinin 100. Yılı Özel Sayısı | Special Issue for the 100th Anniversary of the Republic of Türkiye, pp.498-511

Document Type:

Article

Publication Date:

10/2023

Document Language:

Turkish

Document ID (Org No.):

2001298405

pISSN:

2146-9229