Türkiye’de Küreselleşmenin Ekolojik Bilanço Üzerine Etkisi: Mali Eşbütünleşme Analizi(The Effect of Globalization on Ecological Balance in Turkey: Maki Cointegration Analysis)

Abstract

As a result of the neoliberal paradigm, the increasing rate of globalization led to the production and consumption patterns of the economies have changed with the assumption that the way of prosperity is through economic growth, regardless of the limits of nature. It has had crucial negative consequences on nations’ ecological balance by using these natural resources unconcernedly. This study aims to investigate the relationship between globalization and ecological balance. In this context, the probable long-term relationship between the globalization rate index, economic growth and ecological balance sheet for the period covering 1970 to 2018 for Turkey was examined with the Maki cointegration test, which allows multiple structural breaks. According to the findings, it has been determined that there is a long-term relationship between the rate of globalization, growth rate, and ecological balance. DOLS technique was used for the long-term coefficient estimation of the variables with cointegration relationship. Accordingly, it has been revealed that the rate of globalization and growth have a negative and statistically significant effect on the ecological balance. In other words, the theoretical expectations have been confirmed: As an outcome of neoliberalism, as the pace of globalization and growth increase, Turkey's ecological balance sheet gives a deficit, and the ecological deficit gets deeper every year.

Keywords

• ecological balance
• ecological deficit
• ecological footprint
• biocapacity
• globalization
• maki cointegration