RELATIONSHIP BETWEEN CO2 EMISSION, FOREIGN DIRECT INVESTMENTS, ECONOMIC GROWTH AND ENERGY CONSUMPTION IN ASIAN COUNTRIES

Abstract

While the rapid increase in economic activities leads to environmental problems; environmental problems also affect economic development negatively. For this reason, the effective use of environmental resources is ultimately crucial in ensuring a sustainable economic development. In this study, it has been researched the relationship between CO2 emissions, economic growth, energy consumption and foreign direct investments for 1990-2014 in 10 Asian countries by panel data analysis. In the analysis findings, it is seen that there is a cointegration relation between the variables. There is one way causality from economic growth and energy consumption towards CO2 emissions in the Dumitrescu-Hurlin causality test. There is no causal relationship between foreign direct investments and CO2 emissions

Keywords

• Economic Growth
• CO2 Emission
• Asian Countries
• Panel Data Analysis

ASYA ÜLKELERİNDE CO2 EMİSYONU, DOĞRUDAN YABANCI SERMAYE YATIRIMLARI, EKONOMİK BÜYÜME VE ENERJİ TÜKETİMİ İLİŞKİSİ

Abstract

Bu çalışmada; 10 Asya ülkesinde 1990-2014 dönemleri arasında CO2 emisyonu, ekonomik büyüme, enerji tüketimi ve doğrudan yabancı sermaye yatırımları arasındaki ilişki araştırılmıştır. Analizde yatay kesit bağımlılığını göz önünde bulunduran yeni nesil panel veri yöntemleri kullanılmıştır. Panel eşbütünleşme testi sonucunda, Asya ülkelerinde CO2 emisyonu, ekonomik büyüme, enerji tüketimi ve doğrudan yabancı sermaye yatırımları arasında eşbütünleşme ilişkisi olduğu sonucuna varılmıştır. Dumitrescu-Hurlin Granger nedensellik testinde; ekonomik büyüme ve enerji tüketiminden CO2 emisyonuna doğru tek yönlü nedensellik ilişkisi olduğu görülmüştür. Doğrudan yabancı sermaye yatırımları ile CO2 emisyonu arasında herhangi bir nedensellik ilişkisine rastlanılmamıştır. 

Keywords

• Ekonomik büyüme
• CO2 emisyonu
• Enerji tüketimi
• Panel veri analizi.

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