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The Relationship Between Inflation, Human Development Index and CO2 in Selected Country Groups

Sayı: 122 1 Ekim 2024
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The Relationship Between Inflation, Human Development Index and CO2 in Selected Country Groups

Öz

UNDP report observes that countries with a high Human Development Index (HDI) are industrialized nations. It is well-known that industrialization leads to high carbon dioxide (CO2) emissions. These countries also experience low inflation rates due to their high production volumes. In light of this information, this study aims to empirically investigate the complex relationship between inflation, HDI, and CO2 across different country groups. The study employs panel data analysis over the period from 1994 to 2021, focusing on specific subdivisions within country groups (OECD, G20, EU, developed, high-income, and low-income countries). The results reveal a linear relationship between HDI and CO2 and an inverse relationship between inflation and CO2, providing policy recommendations based on these findings.

Anahtar Kelimeler

Inflation, Carbon Emissions, Human Development Index, Panel Data Analysis

Kaynakça

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  6. Appiah, M., Amoasi, R. & Frowne, D. I. (2019). Human Development and Its Effects on Economic Growth and Development, International Research Journal of Business Studies, 12(2), 101-109. DOI: https://doi.org/10.21632/irjbs.
  7. Asongu, S. A. & Odhiambo, N. M. (2019). Environmental Degradation and Inclusive Human Development in Sub‐Saharan Africa, Sustainable Development, 27(1), 25-34. DOI: https://doi.org/10.1002/sd.1858.
  8. Ayyoub, M., Chaudhry, I. S. & Farooq, F. (2011). Does Inflation Affect Economic Growth? The Case of Pakistan, Pakistan Journal of Social Sciences (PJSS), 31(1), 51-64. Retrieved from: https://pjss.bzu.edu.pk/index.php/pjss/article/view/93.
  9. Bedir, S. & Yilmaz, V. M. (2016). CO2 Emissions and Human Development in OECD Countries: Granger Causality Analysis with a Panel Data Approach, Eurasian Economic Review, 6(1), 97-110. DOI: https://doi.org/10.1007/s40822-015-0037-2.
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Kaynak Göster

APA
Alkan, U., Dağıdır Çakan, C., Şengül, A., & Ateş, M. H. (2024). The Relationship Between Inflation, Human Development Index and CO2 in Selected Country Groups. Maliye ve Finans Yazıları, 122, 79-109. https://doi.org/10.33203/mfy.1442703
AMA
1.Alkan U, Dağıdır Çakan C, Şengül A, Ateş MH. The Relationship Between Inflation, Human Development Index and CO2 in Selected Country Groups. Maliye ve Finans Yazıları. 2024;(122):79-109. doi:10.33203/mfy.1442703
Chicago
Alkan, Ufuk, Canan Dağıdır Çakan, Aykut Şengül, ve Mehmet Hanifi Ateş. 2024. “The Relationship Between Inflation, Human Development Index and CO2 in Selected Country Groups”. Maliye ve Finans Yazıları, sy 122: 79-109. https://doi.org/10.33203/mfy.1442703.
EndNote
Alkan U, Dağıdır Çakan C, Şengül A, Ateş MH (01 Ekim 2024) The Relationship Between Inflation, Human Development Index and CO2 in Selected Country Groups. Maliye ve Finans Yazıları 122 79–109.
IEEE
[1]U. Alkan, C. Dağıdır Çakan, A. Şengül, ve M. H. Ateş, “The Relationship Between Inflation, Human Development Index and CO2 in Selected Country Groups”, Maliye ve Finans Yazıları, sy 122, ss. 79–109, Eki. 2024, doi: 10.33203/mfy.1442703.
ISNAD
Alkan, Ufuk - Dağıdır Çakan, Canan - Şengül, Aykut - Ateş, Mehmet Hanifi. “The Relationship Between Inflation, Human Development Index and CO2 in Selected Country Groups”. Maliye ve Finans Yazıları. 122 (01 Ekim 2024): 79-109. https://doi.org/10.33203/mfy.1442703.
JAMA
1.Alkan U, Dağıdır Çakan C, Şengül A, Ateş MH. The Relationship Between Inflation, Human Development Index and CO2 in Selected Country Groups. Maliye ve Finans Yazıları. 2024;:79–109.
MLA
Alkan, Ufuk, vd. “The Relationship Between Inflation, Human Development Index and CO2 in Selected Country Groups”. Maliye ve Finans Yazıları, sy 122, Ekim 2024, ss. 79-109, doi:10.33203/mfy.1442703.
Vancouver
1.Ufuk Alkan, Canan Dağıdır Çakan, Aykut Şengül, Mehmet Hanifi Ateş. The Relationship Between Inflation, Human Development Index and CO2 in Selected Country Groups. Maliye ve Finans Yazıları. 01 Ekim 2024;(122):79-109. doi:10.33203/mfy.1442703