The long-run and causal analysis of energy, growth, openness and financial development on carbon emissions in Turkey

dc.authoridOzturk, Ilhan -- 0000-0002-6521-0901; Acaravci, Ali -- 0000-0002-6662-6175
dc.contributor.authorÖztürk, İlhan
dc.contributor.authorAcaravci, Ali
dc.date.accessioned12.07.201910:50:10
dc.date.accessioned2019-07-12T15:28:03Z
dc.date.available12.07.201910:50:10
dc.date.available2019-07-12T15:28:03Z
dc.date.issued2013
dc.departmentMeslek Yüksekokuluen_US
dc.descriptionWOS: 000316240100022en_US
dc.description.abstractThe aim of this paper is to examine the causal relationship between financial development, trade, economic growth, energy consumption and carbon emissions in Turkey for the 1960-2007 period. The bounds F-test for cointegration test yields evidence of a long-run relationship between per capita carbon emissions, per capita energy consumption, per capita real income, the square of per capita real income, openness and financial development. The results show that an increase in foreign trade to GDP ratio results an increase in per capita carbon emissions and financial development variable has no significant effect on per capita carbon emissions in the long- run. These results also support the validity of EKC hypothesis in the Turkish economy. It means that the level of CO2 emissions initially increases with income, until it reaches its stabilization point, then it declines in Turkey. In addition, the paper explores causal relationship between the variables by using error-correction based Granger causality models.en_US
dc.identifier.doi10.1016/j.eneco.2012.08.025
dc.identifier.endpage267en_US
dc.identifier.issn0140-9883
dc.identifier.issn1873-6181
dc.identifier.scopus2-s2.0-84874302462
dc.identifier.scopusqualityQ1
dc.identifier.startpage262en_US
dc.identifier.urihttps://doi.org/10.1016/j.eneco.2012.08.025
dc.identifier.urihttps://hdl.handle.net/20.500.12507/602
dc.identifier.volume36en_US
dc.identifier.wosWOS:000316240100022
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherELSEVIER SCIENCE BVen_US
dc.relation.ispartofEnergy Economıcs
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closeAccessen_US
dc.subjectCarbon Dioxide Emissionsen_US
dc.subjectFinancial developmenten_US
dc.subjectEnergy Consumptionen_US
dc.subjectTurkeyen_US
dc.titleThe long-run and causal analysis of energy, growth, openness and financial development on carbon emissions in Turkey
dc.typeArticle

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