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
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