Cargando…

The impact of output volatility on CO(2) emissions in Turkey: testing EKC hypothesis with Fourier stationarity test

This study uses the output volatility–augmented environmental Kuznets curve (EKC) model to determine the dynamic short- and long-term impacts of the volatility of economic growth (VOL) on carbon dioxide (CO(2)) emissions in Turkey from 1980 to 2015. The results of the autoregressive distributed lag...

Descripción completa

Detalles Bibliográficos
Autores principales: Genç, Murat Can, Ekinci, Aykut, Sakarya, Burçhan
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8357966/
https://www.ncbi.nlm.nih.gov/pubmed/34383210
http://dx.doi.org/10.1007/s11356-021-15448-3
_version_ 1783737236588593152
author Genç, Murat Can
Ekinci, Aykut
Sakarya, Burçhan
author_facet Genç, Murat Can
Ekinci, Aykut
Sakarya, Burçhan
author_sort Genç, Murat Can
collection PubMed
description This study uses the output volatility–augmented environmental Kuznets curve (EKC) model to determine the dynamic short- and long-term impacts of the volatility of economic growth (VOL) on carbon dioxide (CO(2)) emissions in Turkey from 1980 to 2015. The results of the autoregressive distributed lag (ARDL) approach indicate that there is a long-run relationship between CO(2), per capita real GDP, per capita energy use, and VOL. The coefficients obtained from the ARDL estimation indicate that economic growth and energy use increase CO(2) emissions, while VOL decreases CO(2) emissions in the long run. Moreover, the coefficients obtained from the ARDL error correction model show that VOL decreases CO(2) emissions in the short run, as well. We also find that the EKC is valid in Turkey. This implies for the Turkish case that achieving macro-stability under a “just transition” is key for achieving both economic and environmental benefits from ratifying international agreements such as Paris Agreement and EU Green Deal.
format Online
Article
Text
id pubmed-8357966
institution National Center for Biotechnology Information
language English
publishDate 2021
publisher Springer Berlin Heidelberg
record_format MEDLINE/PubMed
spelling pubmed-83579662021-08-12 The impact of output volatility on CO(2) emissions in Turkey: testing EKC hypothesis with Fourier stationarity test Genç, Murat Can Ekinci, Aykut Sakarya, Burçhan Environ Sci Pollut Res Int Research Article This study uses the output volatility–augmented environmental Kuznets curve (EKC) model to determine the dynamic short- and long-term impacts of the volatility of economic growth (VOL) on carbon dioxide (CO(2)) emissions in Turkey from 1980 to 2015. The results of the autoregressive distributed lag (ARDL) approach indicate that there is a long-run relationship between CO(2), per capita real GDP, per capita energy use, and VOL. The coefficients obtained from the ARDL estimation indicate that economic growth and energy use increase CO(2) emissions, while VOL decreases CO(2) emissions in the long run. Moreover, the coefficients obtained from the ARDL error correction model show that VOL decreases CO(2) emissions in the short run, as well. We also find that the EKC is valid in Turkey. This implies for the Turkish case that achieving macro-stability under a “just transition” is key for achieving both economic and environmental benefits from ratifying international agreements such as Paris Agreement and EU Green Deal. Springer Berlin Heidelberg 2021-08-12 2022 /pmc/articles/PMC8357966/ /pubmed/34383210 http://dx.doi.org/10.1007/s11356-021-15448-3 Text en © The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2021 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Research Article
Genç, Murat Can
Ekinci, Aykut
Sakarya, Burçhan
The impact of output volatility on CO(2) emissions in Turkey: testing EKC hypothesis with Fourier stationarity test
title The impact of output volatility on CO(2) emissions in Turkey: testing EKC hypothesis with Fourier stationarity test
title_full The impact of output volatility on CO(2) emissions in Turkey: testing EKC hypothesis with Fourier stationarity test
title_fullStr The impact of output volatility on CO(2) emissions in Turkey: testing EKC hypothesis with Fourier stationarity test
title_full_unstemmed The impact of output volatility on CO(2) emissions in Turkey: testing EKC hypothesis with Fourier stationarity test
title_short The impact of output volatility on CO(2) emissions in Turkey: testing EKC hypothesis with Fourier stationarity test
title_sort impact of output volatility on co(2) emissions in turkey: testing ekc hypothesis with fourier stationarity test
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8357966/
https://www.ncbi.nlm.nih.gov/pubmed/34383210
http://dx.doi.org/10.1007/s11356-021-15448-3
work_keys_str_mv AT gencmuratcan theimpactofoutputvolatilityonco2emissionsinturkeytestingekchypothesiswithfourierstationaritytest
AT ekinciaykut theimpactofoutputvolatilityonco2emissionsinturkeytestingekchypothesiswithfourierstationaritytest
AT sakaryaburchan theimpactofoutputvolatilityonco2emissionsinturkeytestingekchypothesiswithfourierstationaritytest
AT gencmuratcan impactofoutputvolatilityonco2emissionsinturkeytestingekchypothesiswithfourierstationaritytest
AT ekinciaykut impactofoutputvolatilityonco2emissionsinturkeytestingekchypothesiswithfourierstationaritytest
AT sakaryaburchan impactofoutputvolatilityonco2emissionsinturkeytestingekchypothesiswithfourierstationaritytest