THE EFFECTS OF INCENTIVES APPLIED IN THE ELECTRICITY PRODUCTION SECTOR ON ECONOMIC GROWTH: AN EMPIRICAL ANALYSIS IN THE SAMPLE OF TURKEY

被引:0
|
作者
Erbas, Feti [1 ]
Kose, Yasar [2 ]
Bayrak, Riza [3 ]
机构
[1] Enerji & Tabii Kaynaklar Bakanligi, Elekt Uretim AS, Ankara, Turkiye
[2] Turk Hava Kurumu Univ, Isletme Fak, Isletme Bolumu, Turkiye
[3] OSTIM Tekn Univ, IIBF, Yonetim Bilisim Sistemleri Bolumu, Ankara, Turkiye
关键词
Electricity Investment Incentives; FMOLS; DOLS; CCR; Economic Growth; NONRENEWABLE ENERGY-CONSUMPTION; INVESTMENT INCENTIVES; WIND ENERGY; PANEL-DATA; IMPACT; COUNTRIES; DEPLOYMENT; SUBSIDIES; POLICIES; TAX;
D O I
10.30798/makuiibf.1220129
中图分类号
F [经济];
学科分类号
02 ;
摘要
The purpose of this study is to analyze the effects of investment incentives in the electricity sector on economic growth in Turkey. The data used in the study cover 60 quarters between 2005-2019. The dependent variable of the study is the gross domestic product, and the independent variables are the employment rate, gross fixed capital formation, and incentive amount. FMOLS, DOLS and CCR long-term estimators were used for the analysis of the data. According to the results of the analysis, the effects of employment and gross fixed capital formation on economic growth are observed positively; whereas the effect of incentives on economic growth is negative. The effect of employment on growth seemed to be greater than that of incentives. Therefore, it has been suggested to the policy-makers that it would be appropriate to determine the optimum amount of incentives triggering growth to prevent the crowding out of private sector investments.
引用
收藏
页码:1295 / 1314
页数:20
相关论文
共 50 条
  • [1] An Empirical Analysis of the Impacts of Investment Incentives on Provincial Economic Growth in Turkey
    Yanikkaya, Halit
    Altay, Kuebra
    [J]. ECONOMY OF REGION, 2023, 19 (03) : 909 - 918
  • [2] The effect of investment incentives for mining sector on the economic growth of Turkey
    Aksoy, Mehmet
    Konuk, Adnan
    Ak, Hakan
    [J]. GOSPODARKA SUROWCAMI MINERALNYMI-MINERAL RESOURCES MANAGEMENT, 2020, 36 (02): : 71 - 86
  • [3] Analysis of Production Potential of Textile Sector and Efficiency of Government Incentives in Turkey
    Onder, Kubra
    Sahin, Muhammet
    [J]. MALIYE DERGISI, 2016, (170): : 24 - 44
  • [4] External Debt and Economic Growth in Turkey: An Empirical Analysis
    Govdeli, Tuncer
    [J]. SOSYOEKONOMI, 2019, 27 (40) : 119 - 130
  • [5] ELECTRICITY CONSUMPTION AND ECONOMIC GROWTH NEXUS: A MULTIVARIATE ANALYSIS FOR TURKEY
    Acaravci, Ali
    Ozturk, Ilhan
    [J]. AMFITEATRU ECONOMIC, 2012, 14 (31) : 246 - 257
  • [6] THE EFFECTS OF CLIMATE CHANGE ON AGRICULTURAL SECTOR AND ECONOMIC GROWTH OF TURKEY
    Guven, Eylul
    Mansoor, Maitah
    Sahatqija, Jeta
    Appiah-Kubi, Seth Nana Kwame
    Aygun, Mehmet Talha
    [J]. AGRARIAN PERSPECTIVES XXIX: TRENDS AND CHALLENGES OF AGRARIAN SECTOR, 2020, : 101 - 107
  • [7] ECONOMIC ANALYSIS OF HEAT AND ELECTRICITY PRODUCTION IN THE DECENTRALISATION OF THE RUSSIAN ENERGY SECTOR
    Lisin, Evgeny
    Kindra, Vladimir
    Strielkowski, Wadim
    Zlyvko, Olga
    Bartkute, Rasa
    [J]. TRANSFORMATIONS IN BUSINESS & ECONOMICS, 2017, 16 (02): : 75 - 88
  • [8] AN EMPIRICAL ANALYSIS OF THE INTERLINKAGES BETWEEN FINANCIAL SECTOR AND ECONOMIC GROWTH
    Pirtea, Gabriel Marilen
    Dima, Bogdan
    Milos, Laura Raisa
    [J]. ANNALS OF DAAAM FOR 2009 & PROCEEDINGS OF THE 20TH INTERNATIONAL DAAAM SYMPOSIUM, 2009, 20 : 343 - 344
  • [9] The impact of development in banking sector and foreign direct investments on economic growth: Sample of Turkey
    Sasmaz, Mahmut Unsal
    Gumus, Emine
    [J]. INTERNATIONAL JOURNAL OF ADVANCED AND APPLIED SCIENCES, 2018, 5 (12): : 30 - 35
  • [10] An Empirical Causality Analysis of Financial Development and Economic Growth in Turkey
    Altunc, Omer Faruk
    [J]. ESKISEHIR OSMANGAZI UNIVERSITESI IIBF DERGISI-ESKISEHIR OSMANGAZI UNIVERSITY JOURNAL OF ECONOMICS AND ADMINISTRATIVE SCIENCES, 2008, 3 (02): : 113 - +