Sürdürülebilir Kalkınma Amaçları
Yayınlar
- MakaleYalnız künye2025Revealing the environmental influences of energy, transport, and pollution taxes on different transportation modes
Artan, Seyfettin; Pata, Ugur Korkut; Hayaloglu, Pinar; Cakir, Mehmet Ali; Recepoglu, Mursit; Cay Cakir, Sumeyra
The need for transportation is increasing with the effect of globalization in the developing economic system. The transportation sector, which is essential for economic development, may pose some threats to a sustainable environment. Although European countries have achieved various successes in reducing carbon emissions, they are struggling to reduce carbon dioxide (CO2) emissions from transportation. To overcome this difficulty, European countries are using various policy instruments such as environmental taxes. In this context, this study investigated the impact of disaggregated environmental taxes (pollution, energy, and transport), structural change, and institutional quality on transport-related carbon emissions (water, air, and road transport) in 24 European countries over the period 2008-2022. To this end, the study uses the novel half-panel jackknife estimation and the bias-corrected method of moments. The results indicate that there is no long-term relationship between environmental taxes and water transportation-related CO2 emissions. In contrast, structural changes and pollution taxes are effective in reducing road and air transport-related CO2 emissions. These results suggest that European countries should focus on reducing CO2 emissions through effective pollution taxes and encourage carbon taxes instead of energy and transport taxes, thereby supporting the European Green Deal's goal of becoming the first climate-neutral continent.
- MakaleAçık Erişim2025The effects of sub-components of economic freedom on load capacity factor: Empirical analysis for MENA countries
Senturk, Nazli Keyifli; Bayraktar, Yuksel; Recepoglu, Mursit; Ozyilmaz, Ayfer; Balsalobre-Lorente, Daniel
This study investigates the effects of economic freedom sub-components on load capacity factor (LCF) in 12 MENA countries for 2017-2022. The 12 sub-components of the economic freedom index were used as independent variables, and the load capacity factor was used as the dependent variable. In the study, four-panel data models were created using the subcomponents of the economic freedom index, and a two-stage System-GMM was used. According to the study, while property rights reduce the load capacity factor, Judicial Effectiveness increases it. The effect of Government Integrity on the load capacity factor is statistically insignificant. While Government spending negatively affects the load capacity factor, Tax Burden and Fiscal Health are statistically insignificant. Business freedom affects the load capacity factor positively, but monetary freedom affects it negatively. Labour freedom is statistically insignificant. On the other hand, trade freedom and investment freedom have a positive impact on the load capacity factor, while financial freedom has a negative effect.
- MakaleAçık Erişim2024Consequences of Information and Communication Technologies and Environmental Degradation on Health Expenditure
Bayraktar, Yuksel; Aydin, Serdar; Çakir, Mehmet Ali; Recepoglu, Mursit; Ozyilmaz, Ayfer; Buyukakin, Figen; Çakir, Sumeyra
This study aims to examine how the subcomponents and overall measurement of ecological footprint, as well as the use of information and communication technologies, affect health expenditures. For this study, the sample group consisted of the top 25 countries with the highest ecological footprint for the period 2000 to 2021. System GMM estimation results demonstrate that economic growth and ecological footprint have a positive impact on health expenditures. Covid-19 dummy variables, have a statistically significant and positive effect on health expenditures. On the other hand, information and communication technologies has a statistically significant but negative effect on health expenditures. The estimation results show that the Covid-19 pandemic increased health expenditures. Looking at the effect of subcomponents of environmental degradation on health expenditures, all subcomponents have a statistically significant and positive effect on health expenditures. It is seen that the most effective variable is forest products. The variable that has almost the same impact as the footprint of forest products is the carbon footprint. Carbon footprint has significant and positive impact on health expenditures, followed by fishing grounds cropland, grazing land, built-up land. The results of the study indicate which forms of pollution should be given priority by policymakers in order to prevent an increase in health expenditure resulting from environmental degradation.
- MakaleAçık Erişim2022Public Expenditures, Economic Growth and Income Inequality: Empirical Evidence from the Commonwealth of Independent States
Recepoglu, Mursit
This study has examined the causality relationship between public expenditures, economic growth and income inequality for transition economies called the Commonwealth of Independent States (CIS). In the study, in which the 1998-2019 period was analyzed, the effects of public expenditures on economic growth and income inequality were determined with the bootstrap panel causality test. Bootstrap panel causality test results show that there is a one-way causality relationship from public expenditures to economic growth for Armenia, Belarus, and Kazakhstan. On the other hand, a one-way causality relationship has been determined from public expenditures to income inequality in Belarus and Kazakhstan, and from income inequality to public expenditures in Kyrgyzstan. In Moldova and Russia, however, no causal relationship could be obtained between the variables. The overall evaluation of the findings obtained from the panel causality tests concluded that public expenditures in CIS member countries are closely related to both economic growth and income inequality. CIS member countries need state interventions in order for the market system to fully settle in transition period. However, implementing policies that do not exclude private investments and do not harm the functioning of the market economy should be elaborated during practicing public expenditure policies in these countries in transition.
- MakaleAçık Erişim2022RELATIONSHIPS BETWEEN INVESTMENT INCENTIVES, PUBLIC INVESTMENT EXPENDITURES AND EXPORT: PANEL CAUSALITY ANALYSIS ON PROVINCES IN TURKEY
Recepoglu, Mursit; Doganay, Muharrem Akin; Deger, Mustafa Kemal
The state plays an essential role in the survival of companies under today's global competition conditions. Governments can, directly and indirectly, affect the competitiveness of firms through incentives and public investment expenditures. This study examines the relations between investment incentives, public investment expenditures and exports at the provincial level in Turkey. According to the panel causality analysis findings covering the period 2002-2017, there is a two-way causal relationship between investment incentives and exports. On the other hand, there is a one-way causality from exports to public investment expenditures. These results indicate the importance of the effects of incentives on exports in the short term. However, the absence of the expected export effects of public investments can be attributed to inefficiency in public investments.
- MakaleAçık Erişim2021Relations between Foreign Direct Investment and Exchange Rate Volatility in Turkey: Analysis of Symmetric and Asymmetric Causality (2001:M1-2020:M2)
Doganay, Muharrem Akin; Recepoglu, Mursit; Deger, Mustafa Kemal
The objective of this study was to examine the relationship between exchange rate volatility and Foreign Direct Investment (FDI) in Turkey that adopting liberal policies in the post-1980 period. In this study, the relationships between FDI and exchange rate volatility were determined by symmetric (Fourier Toda-Yamamoto) and asymmetric (Hatemi-J) causality tests using the monthly data for the period of 2001:M1 - 2020:M2. According to the symmetric causality test results, there is a one-way relationship from FDI to exchange rate volatility. According to the results of the asymmetric causality test, there are two-way and significant causal relationships between the variables of FDI and exchange rate volatility. These results show the importance of reducing exchange rate volatility for the Turkish economy.
- MakaleYalnız künye2013Do Exchange Rates and Budget Deficit Lead to Inflation? A Panel Causality Analysis on Developing Asian Countries
Dogru, Bulent; Recepoglu, Mursit; Çelik, Orkun
In developing economies, budget deficit and exchange rates can lead inflation through shallow financial markets. In this study it is tested whether budget deficit and exchange rates cause inflation in long-run and short-run for 22 developing Asian countries for the time period of 1980 and 2011. The reason why we select all the developing countries from one region is that we assume all countries have fixed unit effect in the models. In this study we use panel cointegration, error correction model and panel causality methods as empiric test. Findings suggest that in short-run there is no causality running from exchange rate and budget deficit to inflation but in long-run budget deficit and exchange rates cause inflation.