ENVIRONMENTAL KUZNETS CURVE FOR CARBON EMISSIONS IN BOSNIA & HERZEGOVINA

Year 2014, Special Issue of XIV. International Symposium on Econometrics, Operations Research and Statistics, 79 - 84, 01.10.2014

Mehmet Mert , Hakan Bozdağ

Abstract

The
relationship between environmental quality and economic growth has been
empirically modeled through emissions–income relationship so far, and the
outcome of most of these studies has been formulated by the so called
environmental Kuznets curve (EKC) hypothesis. According to the environmental
Kuznets curve hypothesis, the relationship between per-capita GDP and per
capita pollutant emissions has a U shape, an inverted-U shape, a N shape and an
inverted-N shape. This implies that, economic growth may be profitable for
environmental quality. The purpose of this study is to test whether the EKC
hypothesis is valid for Bosnia and Herzegovina. Firstly, EKC relationship for
CO2 emissions for Bosnia & Herzegovina, over a time period of 1992–2009,
has been tested and tried to determine 
relationship between CO2 emissions–income. As a result of the analysis
EKC hypothesis is rejected and inverted N shaped relationship was found between
CO2 emissions–income.

Keywords

EKC Hypothesis, CO2 Emissions

BOSNA VE HERSEK'DE KARBON EMİSYONLARI İÇİN ÇEVRESEL KUZNETS EĞRİ

Abstract

The
relationship between environmental quality and economic growth has been
empirically modeled through emissions–income relationship so far, and the
outcome of most of these studies has been formulated by the so called
environmental Kuznets curve (EKC) hypothesis. According to the environmental
Kuznets curve hypothesis, the relationship between per-capita GDP and per
capita pollutant emissions has a U shape, an inverted-U shape, a N shape and an
inverted-N shape. This implies that, economic growth may be profitable for
environmental quality. The purpose of this study is to test whether the EKC
hypothesis is valid for Bosnia and Herzegovina. Firstly, EKC relationship for
CO2 emissions for Bosnia & Herzegovina, over a time period of 1992–2009,
has been tested and tried to determine 
relationship between CO2 emissions–income. As a result of the analysis
EKC hypothesis is rejected and inverted N shaped relationship was found between
CO2 emissions–income.

Keywords

EKC Hipotezi, CO2 Emisyonları

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