THE RELATIONSHIP BETWEEN EMISSIONS AND GROSS DOMESTIC PRODUCT IN THE G20 COUNTRIES

Abstract

This study investigates Granger causality between carbon dioxide emissions and gross domestic product GDP in G20 countries. Kónya 2006 panel causality testing approach is adopted to examine the existence of causality relationship for G20 countries for the period of 1971-2012. In this context, GDP and GDP per capita have been used in order to ascertain causality between emissions and economic development level of countries. The results implies one-way causality from carbon dioxide emissions to GDP in Japan and India, one-way causality running from GDP to carbon dioxide emissions in Saudi Arabia, Canada and Germany and two way causality in Great Britain

Keywords

• Carbon Dioxide Emissions,Gross Domestic Product,Panel Granger Causality, Sustainable Development

G20 ÜLKELERİNDE EMİSYONLAR VE GSYH ARASINDAKİ İLİŞKİ

Öz

Bu çalışma, G20 ülkelerinde karbondioksit emisyonları ve GSYH arasındaki Granger nedenselliğini araştırmaktadır. G20 ülkeleri için 1971-2012 döneminde nedensellik ilişkisini incelemek için Kónya 2006 panel nedensellik testi yaklaşımı benimsenmiştir. Bu bağlamda, ülkelerin emisyonları ve ekonomik gelişmişlik seviyeleri arasındaki nedenselliğin tespiti için GSYH ve kişi başına GSYH kullanılmıştır. Sonuçlar, Japonya ve Hindistan'da karbondioksit emisyonlarından GSYH'ye tek yönlü nedensellik, Suudi Arabistan, Kanada ve Almanya'da GSYH’den karbondioksit emisyonlarına tek yönlü nedensellik ve Birleşik Krallık'ta iki yönlü nedenselliğin söz konusu olduğunu göstermektedir.

Anahtar Kelimeler

• Karbondioksit Emisyonları,Gayri Safi Yurtiçi Hâsıla,Panel Granger Nedensellik,Sürdürülebilir Kalkınma

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