Articlegold2014

Economic Growth, CO2 Emissions and Energy Consumption: The Turkish Case

118 citations0/0 files storedInternational Journal of Energy Economics and Policy

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Energy, Environment, Economic Growth Climate Change Policy and Economics Energy, Environment, and Transportation Policies

Abstract

ABSTRACT: In recent years due to factors, such as increases in greenhouse and carbon dioxide (CO2) emissions, global warming and climate changes has become a major threat for all countries. So in order to prevent this increased environmental pollution and degradation CO2 emissions must be reduced. This study examines economic growth, CO2 emissions and energy consumption relationship in Turkey by using cointegration test. For this purpose 1960-2010 periods taken and annual data of Gross Domestic Product (Y), Carbon Dioxide Emissions (CO) and Energy Consumption (EC) are used. The obtained empirical results from this paper indicated that CO2 emissions effect negatively economic growth while energy consumption effect positively it.

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References

1979Distribution of the Estimators for Autoregressive Time Series with a Unit Root 1988Statistical analysis of cointegration vectors 1990MAXIMUM LIKELIHOOD ESTIMATION AND INFERENCE ON COINTEGRATION — WITH APPLICATIONS TO THE DEMAND FOR MONEY 1994Economic Growth and the Environment 1991Environmental Impacts of a North American Free Trade Agreement 2015World Development indicators 1992A Note with Quantiles of the Asymptotic Distribution of the Maximum Likelihood Cointegration Rank Test Statistics1 1994EMPIRICAL TESTS AND POLICY ANALYSIS OF ENVIRONMENTAL DEGRADATION AT DIFFERENT STAGES OF ECONOMIC DEVELOPMENT

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