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The Impact of Economic Growth and Foreign Direct Investment on CO2 Emissions: The Case of Turkey

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  • Oktay KIZILKAYA

    (Ahi Evran University, Faculty of Economics and Administrative Sciences, Department of Economics, Kýrþehir, Turkey.)

Abstract

The aim of this study is to evaluate the relationship between carbon dioxide emissions, economic growth, foreign direct investment and energy consumption in Turkey. To this extent, ARDL bounds testing method to cointegration is being implemented over the period of 1970-2014. The long run estimation results suggest that economic growth and energy consumption have positive impacts on CO2 emissions. However, this research did not find anysignificant relationship between foreign direct investment and CO2 emissions. As a result of these findings, this research reveals some important policy recommendations.

Suggested Citation

  • Oktay KIZILKAYA, 2017. "The Impact of Economic Growth and Foreign Direct Investment on CO2 Emissions: The Case of Turkey," Turkish Economic Review, KSP Journals, vol. 4(1), pages 106-118, March.
    • Handle: RePEc:ksp:journ2:v:4:y:2017:i:1:p:106-118
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    More about this item

    Keywords

    Carbon dioxide emissions; Foreign direct investment; Economic growth; Energy consumption; ARDL.;
    All these keywords.

    JEL classification:

    • F20 - International Economics - - International Factor Movements and International Business - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

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