Research Article
BibTex RIS Cite

The Impact of Globalization and Financial Development on Environment within the Context of STIRPAT Model: The Case of Turkey

Year 2019, Volume: 19 Issue: 1, 55 - 64, 21.03.2019

Şenay Saraç Aykut Yağlıkara

https://doi.org/10.18037/ausbd.550246
Cited By: 2

Abstract




Today, the increasing environmental deterioration along with the increasing economic activity has led to an increase in the number of studies addressing this relationship. As a result of the increasing interactions between countries due to globalization, financial mobility has also increased across the world. Although globalization and financial mobility have effects on real variables, they also have an impact on the environment. To see figure out the effects of globalization and financial development on environment, we need to look at their relations with CO2 emissions. Therefore, this study examined the impact of globalization and financial development on environmental deterioration in Turkey, using the modified version of STIRPAT (Stochastic Impacts by Regression on Population, Affluence and Technology) model and the annual data covering the period of 1970-2013. According to the results obtained from cointegration analysis and causality tests, the variables analyzed move together in the long-run. 

Keywords

Globalization Financial Development CO2 STIRPAT Model

References

  • Adams, S., Klobodu, E. K. M. (2017). Urbanization, Democracy, Bureaucratic Quality, and Environmental Degradation. Journal of Policy Modeling, 39(6), 1035-1051. doi:10.1016/j.jpolmod.2017.04.006
  • Afşar, A. (2007). Finansal Gelişme İle Ekonomik Büyüme Arasındaki İlişki. Muhasebe ve Finansman Dergisi, 36, 188-198. http://dergipark.gov.tr/mufad/issue/35607/395635
  • Cole, M., Neumayer, E. (2004). Examining The Impact of Demographic Factors On Air Pollution. Population Environment, 26(1), 5-21. doi:10.1023/ B:POEN.0000039950.85422.eb
  • Dietz, T., Rosa, E. (1997). Effects of Population and Affluence on CO2 Emissions. Proceedings of the National Academy of Sciences, 94(1), 175–179. doi:10.1073/pnas.94.1.175
  • Ehrlich, P., Holdren, J. (1971). Impact of Population Growth. Science, 171(3977), 1212–1217. doi:10.1126/science.171.3977.1212
  • Fan, Y., Liu, L-C., Wu, G., Wei, Y-M. (2006). Analyzing Impact Factors of CO2 Emissions Using The STIRPAT Model. Environment Impact Assessment Review, 26(4), 377–395. doi:10.1155/2014/684796
  • Li, B., Liu, X., Li, Z. (2015). Using the STIRPAT Model to Explore The Factors Driving Regional CO2 Emissions: A Case of Tianjin, China. Natural Hazards, 76(3), 1667-1685. doi:10.1007/s11069-014-1574-9
  • Li, G., Li, Z. (2010). Regional Differences and Influencing Factors of China’s Carbon Dioxide Emissions. China Population Resources and Environment, 20(5), 22–28. doi:10.1007/s11069-014-1574-9
  • Li, H., Mu, H., Zhang, M., Gui, S. (2012). “Analysis of Regional Difference on Impact Factors of China’s Energy Related CO2 Emissions”. Energy, 39(1), 319–326. doi:10.1016/j.energy.2012.01.008
  • Matinez-Zarzoso, I. (2008). The Impact of Urbanization on CO2 Emissions: Evidence from Developing Countries. doi:10.1016/j.ecolecon.2011.02.009
  • Özdemir, Z., Özekicioğlu, H.(2006). Kentleşme ve Çevre Sorunları. Süleyman Demirel Üniversitesi İktisadi ve İdari Bilimler Fakültesi, 11(1), 17-30. http://dergipark.gov.tr/sduiibfd/issue/20839/223332
  • Öztürk, S., Özyakışır, D. (2005). Türkiye Ekonomisinde 1980 Sonrası Yaşanan Yapısal Dönüşümlerin GSMH, Dış Ticaret ve Dış Borçlar Bağlamında Teorik Bir Değerlendirmesi, Mevzuat Dergisi 94. https://www.mevzuatdergisi.com/2005/10a/01.html
  • Poumanyvong, P., Kaneko, S. (2010). Does Urbanization Lead to Less Energy Use and Lower CO2 Emissions? Across-Country Analysis. Ecological Economics, 70(2), 434–444. doi:10.1016/j.ecolecon.2010.09.029
  • Shabbaz, M., Muzaffar, A.T., Ahmed, K., Jabran M.A. (2016). How Urbanization Affects CO2 Emissions in Malaysia? The Application of STIRPAT Model. Renewable and Sustainable Energy Reviews, 57, 83-93. doi:10.1016/j.rser.2015.12.096
  • Sadorsky, P. (2014). The Effect of Urbanization on CO2 Emissions in Emerging Economies. Energy Economics, 41, 147-153. doi:10.1016/j.eneco.2013.11.007
  • Tarı, R., Yıldırım, D. Ç. (2009). Döviz Kuru Belirsizliğinin İhracata Etkisi: Türkiye İçin Bir Uygulama. Yönetim ve Ekonomi,6(2),95-105. http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=49893192&lang=tr&site=eds-live
  • Uysal, D., Taş T. (2016). Kentleşme, Enerji Tüketimi ve Çevresel Bozulmalar(Kirlilik-CO2) Arasındaki İlişkinin Yapısal Kırılmalar Altında İncelenmesi: Türkiye Örneği. Uşak Üniversitesi Sosyal Bilimler Dergisi, 9(4), 105-120. https://www.dergipark.ulakbim.gov.tr/usaksosbil/article/view/5000196740/5000176126
  • Wen, L., Cao, Y., Weng, J. (2015). Factor Decomposition Analysis of China’s Energy-Related CO2 Emissions Using Extended STIRPAT Model. Polish Journal of Environmental Studies, 24(5), 2261-226. doi:10.15244/pjoes/35975
  • York, R., Rosa, E.A., Dietz, T. (2003). STIRPAT, IPAT and ImPACT: Analytic Tools for Unpacking the Driving Forces of Environmental Impacts. Ecological Economy 46(3), 351-365. doi:10.1016/S0921-8009(03)00188-5
  • Zhang, C., Lin, Y. (2012). Panel Estimates for Urbanization, Energy Consumption and CO2 Emissions: A Regional Analysis in China. Energy Policy, 40, 488–498. doi:10.1016/j.enpol.2012.06.048

Year 2019, Volume: 19 Issue: 1, 55 - 64, 21.03.2019

Şenay Saraç Aykut Yağlıkara

https://doi.org/10.18037/ausbd.550246
Cited By: 2

Abstract

References

  • Adams, S., Klobodu, E. K. M. (2017). Urbanization, Democracy, Bureaucratic Quality, and Environmental Degradation. Journal of Policy Modeling, 39(6), 1035-1051. doi:10.1016/j.jpolmod.2017.04.006
  • Afşar, A. (2007). Finansal Gelişme İle Ekonomik Büyüme Arasındaki İlişki. Muhasebe ve Finansman Dergisi, 36, 188-198. http://dergipark.gov.tr/mufad/issue/35607/395635
  • Cole, M., Neumayer, E. (2004). Examining The Impact of Demographic Factors On Air Pollution. Population Environment, 26(1), 5-21. doi:10.1023/ B:POEN.0000039950.85422.eb
  • Dietz, T., Rosa, E. (1997). Effects of Population and Affluence on CO2 Emissions. Proceedings of the National Academy of Sciences, 94(1), 175–179. doi:10.1073/pnas.94.1.175
  • Ehrlich, P., Holdren, J. (1971). Impact of Population Growth. Science, 171(3977), 1212–1217. doi:10.1126/science.171.3977.1212
  • Fan, Y., Liu, L-C., Wu, G., Wei, Y-M. (2006). Analyzing Impact Factors of CO2 Emissions Using The STIRPAT Model. Environment Impact Assessment Review, 26(4), 377–395. doi:10.1155/2014/684796
  • Li, B., Liu, X., Li, Z. (2015). Using the STIRPAT Model to Explore The Factors Driving Regional CO2 Emissions: A Case of Tianjin, China. Natural Hazards, 76(3), 1667-1685. doi:10.1007/s11069-014-1574-9
  • Li, G., Li, Z. (2010). Regional Differences and Influencing Factors of China’s Carbon Dioxide Emissions. China Population Resources and Environment, 20(5), 22–28. doi:10.1007/s11069-014-1574-9
  • Li, H., Mu, H., Zhang, M., Gui, S. (2012). “Analysis of Regional Difference on Impact Factors of China’s Energy Related CO2 Emissions”. Energy, 39(1), 319–326. doi:10.1016/j.energy.2012.01.008
  • Matinez-Zarzoso, I. (2008). The Impact of Urbanization on CO2 Emissions: Evidence from Developing Countries. doi:10.1016/j.ecolecon.2011.02.009
  • Özdemir, Z., Özekicioğlu, H.(2006). Kentleşme ve Çevre Sorunları. Süleyman Demirel Üniversitesi İktisadi ve İdari Bilimler Fakültesi, 11(1), 17-30. http://dergipark.gov.tr/sduiibfd/issue/20839/223332
  • Öztürk, S., Özyakışır, D. (2005). Türkiye Ekonomisinde 1980 Sonrası Yaşanan Yapısal Dönüşümlerin GSMH, Dış Ticaret ve Dış Borçlar Bağlamında Teorik Bir Değerlendirmesi, Mevzuat Dergisi 94. https://www.mevzuatdergisi.com/2005/10a/01.html
  • Poumanyvong, P., Kaneko, S. (2010). Does Urbanization Lead to Less Energy Use and Lower CO2 Emissions? Across-Country Analysis. Ecological Economics, 70(2), 434–444. doi:10.1016/j.ecolecon.2010.09.029
  • Shabbaz, M., Muzaffar, A.T., Ahmed, K., Jabran M.A. (2016). How Urbanization Affects CO2 Emissions in Malaysia? The Application of STIRPAT Model. Renewable and Sustainable Energy Reviews, 57, 83-93. doi:10.1016/j.rser.2015.12.096
  • Sadorsky, P. (2014). The Effect of Urbanization on CO2 Emissions in Emerging Economies. Energy Economics, 41, 147-153. doi:10.1016/j.eneco.2013.11.007
  • Tarı, R., Yıldırım, D. Ç. (2009). Döviz Kuru Belirsizliğinin İhracata Etkisi: Türkiye İçin Bir Uygulama. Yönetim ve Ekonomi,6(2),95-105. http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=49893192&lang=tr&site=eds-live
  • Uysal, D., Taş T. (2016). Kentleşme, Enerji Tüketimi ve Çevresel Bozulmalar(Kirlilik-CO2) Arasındaki İlişkinin Yapısal Kırılmalar Altında İncelenmesi: Türkiye Örneği. Uşak Üniversitesi Sosyal Bilimler Dergisi, 9(4), 105-120. https://www.dergipark.ulakbim.gov.tr/usaksosbil/article/view/5000196740/5000176126
  • Wen, L., Cao, Y., Weng, J. (2015). Factor Decomposition Analysis of China’s Energy-Related CO2 Emissions Using Extended STIRPAT Model. Polish Journal of Environmental Studies, 24(5), 2261-226. doi:10.15244/pjoes/35975
  • York, R., Rosa, E.A., Dietz, T. (2003). STIRPAT, IPAT and ImPACT: Analytic Tools for Unpacking the Driving Forces of Environmental Impacts. Ecological Economy 46(3), 351-365. doi:10.1016/S0921-8009(03)00188-5
  • Zhang, C., Lin, Y. (2012). Panel Estimates for Urbanization, Energy Consumption and CO2 Emissions: A Regional Analysis in China. Energy Policy, 40, 488–498. doi:10.1016/j.enpol.2012.06.048
There are 20 citations in total.

Details

Primary Language English
Journal Section Articles
Authors

Şenay Saraç This is me

Aykut Yağlıkara

Publication Date March 21, 2019
Submission Date August 9, 2018
Published in Issue Year 2019 Volume: 19 Issue: 1

Cite

APA Saraç, Ş., & Yağlıkara, A. (2019). The Impact of Globalization and Financial Development on Environment within the Context of STIRPAT Model: The Case of Turkey. Anadolu Üniversitesi Sosyal Bilimler Dergisi, 19(1), 55-64. https://doi.org/10.18037/ausbd.550246

Cited By

Urbanization and climate change: Environmental Kuznets Curve (EKC) and STIRPAT analysis for Turkey
Economics & Sociology
https://doi.org/10.14254/2071-789X.2023/16-1/16
Do political risk and globalization undermine environmental quality? Empirical evidence from Belt and Road Initiative (BRI) countries
Managerial and Decision Economics
https://doi.org/10.1002/mde.3620
 Download Cover Image

20489

This work is licensed under Creative Commons Attribution-NonCommercial 4.0 International License.