Gizem Kaya
Country: Turkey
Affiliation: Ph.D. Candidate in Econometrics, Department of Management Engineering, and TEDRC (Technology and Economic Development Research Centre), Istanbul Technical University, Istanbul
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The role of foreign direct investment and trade on carbon emissions in Turkey
Gizem Kaya , M. Özgür Kayalica , Merve Kumaş , Burc Ulengin doi: http://dx.doi.org/10.21511/ee.08(1).2017.01Environmental Economics Volume 8, 2017 Issue #1 pp. 8-17
Views: 2046 Downloads: 1002 TO CITE АНОТАЦІЯThis study aims to observe the long run and short run effects of gross domestic product, foreign direct investment inflows and trade on CO2 emissions and causality relationships between these factors, using annual data for the period of 1974-2010. The empirical results demonstrate that the inverted U-shaped relationship of environmental Kuznets curve is valid for Turkey. In addition, there are positive long run effects of foreign direct investment and trade openness on CO2 emissions. The authors also find a bidirectional causality relationship between CO2 emission and FDI.