Environmental Kuznets Curve and Turkey: An ARDL Approach

Mustafa Göktuğ Kaya () and Perihan Hazel Kaya ()
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Mustafa Göktuğ Kaya: KTO Karatay University
Perihan Hazel Kaya: Selçuk University, Faculty of Economics and Administrative Sciences, Department of Economics

Chapter Chapter 16 in Advances in Panel Data Analysis in Applied Economic Research, 2018, pp 223-234 from Springer

Abstract: Abstract In this study, we analyze the validity of environmental Kuznets curve hypothesis in Turkey. Using autoregressive distributed lag (ARDL) approach, the relationship between CO2 emissions per capita, gross domestic product per capita, energy consumption, and financial development has been investigated during 1975–2012. In this direction, after empirical literature is firstly dealt with, model and dataset have been determined and analysis has been realized. ARDL model results show that according to the long-term coefficients which obtained for quadratic model, EKC hypothesis is not valid for Turkey economy, and besides energy consumption and financial development affect CO2 emissions positively in the long term. In this framework, in order to reduce the CO2 emissions, Turkey should give more importance to renewable energy.

Keywords: Environmental Kuznets curve; CO2 emissions; Economic growth; Financial development; Energy consumption; Turkey; ARDL approach; O13; Q01; Q54 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-319-70055-7_16

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DOI: 10.1007/978-3-319-70055-7_16

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