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THE EXAMINATION OF CARBON EMISSIONS UNDER THE SHADOW OF INFLATION IN MENA COUNTRIES: A PANEL DATA ANALYSIS (2000–2023)

Yıl 2025, Cilt: 18 Sayı: 3, 894 - 910, 01.07.2025
https://doi.org/10.25287/ohuiibf.1696947

Öz

In accordance with recent global developments, developing countries have experienced increasing economic uncertainty, reflected in rising unemployment and inflation rates. This trend poses a significant threat, particularly regarding environmental challenges such as increasing carbon emissions. This study builds upon the framework established by Kashem and Rahman (2020) and investigates the Environmental Phillips Curve to analyze the relationship between economic variables and environmental indicators. This study employs panel data analysis covering selected MENA countries during the period from 2000 to 2023. The independent variables include GDP per capita, the squared term of GDP, foreign direct investment, trade openness, and unemployment rate, while the inflation rate is included as a control variable. The dependent variable is carbon dioxide (CO₂) emissions. A distinctive feature of this study is the explicit examination of the impact of inflation on CO₂ emissions. Through this approach, the Environmental Kuznets Curve, Pollution Haven Hypothesis, and Pollution Halo Hypothesis are revisited. The empirical findings demonstrate that inflation has a positive and statistically significant effect on environmental pollution, highlighting its critical role as a determinant of environmental degradation in the MENA region.

Kaynakça

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MENA ÜLKELERİNDE ENFLASYONUN GÖLGESİNDE KARBON EMİSYONLARININ İNCELENMESİ: PANEL VERİ ANALİZİ (2000–2023)

Yıl 2025, Cilt: 18 Sayı: 3, 894 - 910, 01.07.2025
https://doi.org/10.25287/ohuiibf.1696947

Öz

Dünyada yaşanan küresel gelişmelere paralel olarak, son dönemlerde gelişmekte olan ülkelerde ekonomik belirsizlik artmakta; buna bağlı olarak işsizlik ve enflasyon oranlarında yükseliş gözlemlenmektedir. Bu durum, çevresel sorunlar, özellikle de karbon emisyonundaki artışla birlikte önemli bir tehdit oluşturmaktadır. Ekonomik değişkenler ile çevresel göstergeler arasındaki ilişkiyi incelemek amacıyla, Kashem ve Rahman (2020) çalışmasından yola çıkılarak Çevresel Phillips Eğrisi analiz edilmektedir. 2000-2023 yılları arasında seçili MENA bölgesi ülkelerine yönelik çalışmada; kişi başına düşen GSYİH, GSYİH’nın karesi, doğrudan yabancı sermaye yatırımları, ticaret hacmi ve işsizlik oranı bağımsız değişken, enflasyon oranı kontrol değişkeni, karbon emisyonu ise bağımlı değişken olarak ele alınmıştır. Çalışmanın özgün yönü, enflasyonun CO₂ emisyonları üzerindeki etkisini ayrıca değerlendirmesidir. Bu kapsamda, Çevresel Kuznets Eğrisi, Kirlilik Sığınağı Hipotezi ve Kirlilik Halesi Hipotezi panel veri analiziyle yeniden test edilmektedir. Elde edilen bulgular, enflasyonun çevre kirliliği üzerinde pozitif yönde ve istatistiksel olarak anlamlı bir etkisi olduğunu göstermektedir.

Kaynakça

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  • Musarat, M. A., Alaloul, W. S., Liew, M. S., Maqsoom, A., & Qureshi, A. H. (2021). The effect of inflation rate on CO₂ emission: A framework for Malaysian construction industry. Sustainability, 13(3), 1562.
  • Musah, M., Mensah, I. A., Alfred, M., Mahmood, H., Murshed, M., Omari-Sasu, A. Y., ... Coffie, C. P. K. (2022). Reinvestigating the pollution haven hypothesis: The nexus between foreign direct investments and environmental quality in G-20 countries. Environmental Science and Pollution Research, 29, 31330– 31347. doi:10.1007/s11356-021-17508-0
  • Mahmood, H. (2023). Trade, FDI, and CO₂ emissions nexus in Latin America: The spatial analysis in testing the pollution haven and the EKC hypotheses. Environmental Science and Pollution Research, 30(6), 14439– 14454. doi:10.1007/s11356-022-23154-x
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  • Oktavilia, S., & Firmansyah, F. (2016). The relationships of environmental degradation and trade openness in Indonesia. International Journal of Economics and Financial Issues, 6(6Special Issue), 125–129.
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  • Özmen, İ., &Balı, S. (2024). Pollution haven hypothesis: Smooth quantile evidence from BRICS. International Journal of Business and Economic Studies, 6(1), 48–58. doi:10.54821/uiecd.1434322
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  • Paul, J., & Benito, G. R. (2018). A review of research on outward foreign direct investment from emerging countries including China: What do we know? How do we know? and Where should we be heading? Asia Pacific Business Review, 24(1), 90–115.
  • Paul, J., & Singh, G. (2017). The 45 years of foreign direct investment research: Approaches, advances, and analytical areas. The World Economy, 40(11), 2512–2527.
  • Pazienza, P. (2019). The impact of FDI in the OECD manufacturing sector on CO₂ emission: Evidence and policy issues. Environmental Impact Assessment Review, 77(1), 60–68. doi:10.1016/j.eiar.2019.04.002
  • Peña, E. M. S., Reyes, J. S., & Gonzalez, A. N. (2022). Assessment on the applicability of environmental Kuznets curve hypothesis on the macroeconomic factors driving carbon dioxide emissions in the Philippines. Journal of Economics, Finance and Accounting Studies, 4(1), 76–92. doi:10.32996/jefas.2022.4.1.5
  • Resmî Gazete. (1993, Nisan 21). Zararlı atıkların sınır ötesi taşınımının ve bertarafının kontrolüne ilişkin Basel Sözleşmesi’nin onaylanmasının uygun bulunduğuna dair kanun (Kanun No: 3940). Resmî Gazete, Sayı: 21534. https://www.resmigazete.gov.tr/arsiv/21534.pdf
  • Rahman, Z. U., Chongbo, W., & Ahmad, M. (2019). An (a)symmetric analysis of the pollution haven hypothesis in the context of Pakistan: A non-linear approach. Carbon Management, 10(3), 227–239. doi:10.1080/17583004.2019.1577179
  • Rakshit, B., & Neog, Y. (2022). Do macroeconomic uncertainty and financial development cause environmental degradation? Evidence from an emerging economy. International Journal of Social Economics, 49(5), 659– 678. https://doi.org/10.1108/IJSE-10-2020-0690
  • Sun, C., Zhang, F., & Xu, M. (2017). Investigation of pollution haven hypothesis for China: An ARDL approach with breakpoint unit root tests. Journal of Cleaner Production, 161, 153–163. https://doi.org/10.1016/j.jclepro.2017.05.086
  • Sarkodie, S. A., & Strezov, V. (2019). A review on environmental Kuznets curve hypothesis using bibliometric and meta-analysis. Science of the Total Environment, 649, 128–145. https://doi.org/10.1016/j.scitotenv.2018.08.276
  • Sun, H., Clottey, S. A., Geng, Y., Fang, K., & Amissah, J. C. K. (2019). Trade openness and carbon emissions: Evidence from belt and road countries. Sustainability, 11(9), 2682. https://doi.org/10.3390/su11092682
  • Suki, N. M., Sharif, A., Afshan, S., & Suki, N. M. (2020). Revisiting the environmental Kuznets curve in Malaysia: The role of globalization in sustainable environment. Journal of Cleaner Production, 264, 121669. https://doi.org/10.1016/j.jclepro.2020.121669
  • Singhania, M., & Saini, N. (2021). Demystifying pollution haven hypothesis: Role of FDI. Journal of Business Research, 123, 516–528. https://doi.org/10.1016/j.jbusres.2020.10.007
  • Shpak, N., Ohinok, S., Kulyniak, I., Sroka, W., Fedun, Y., Ginevičius, R., & Cygler, J. (2022). CO₂ emissions and macroeconomic indicators: Analysis of the most polluted regions in the world. Energies, 15(8). https://doi.org/10.3390/en15082928
  • Setyadharma, A., Oktavilia, S., Wahyuningrum, I. F. S., Nikensari, S. I., & Saputra, A. M. (2021). Does inflation reduce air pollution? Evidence from Indonesia. E3S Web of Conferences, 317, 01068. https://doi.org/10.1051/e3sconf/202131701068
  • Tatoğlu, F. Y. (2020). Panel veri ekonometrisi Stata uygulamalı, genişletilmiş beşinci baskı. Beta Basım Yayım Dağıtım A.Ş.
  • Tahir, M., Rehman, Z. U., & Javed, F. (2022). Asymmetric effects of inflation instability and GDP growth volatility on environmental quality in the USA. Human Nature Journal of Social Sciences, 3(1), 31–43.
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  • Wencong, L., Kasimov, I., & Saydaliev, H. B. (2023). Foreign direct investment and renewable energy: Examining the environmental Kuznets curve in resource-rich transition economies. Renewable Energy, 208, 301–310. https://doi.org/10.1016/j.renene.2023.03.054
  • Wang, M., Liu, J., Rahman, S., Sun, X., & Sriboonchitta, S. (2023). The effect of China’s outward foreign direct investment on carbon intensity of Belt and Road Initiative countries: A double-edged sword. Economic Analysis and Policy, 77, 792–808. https://doi.org/10.1016/j.eap.2022.12.030
  • Yeşilorman, M., & Koç, F. (2014). Bilgi toplumunun teknolojik temelleri üzerine eleştirel bir bakış. Fırat Üniversitesi Sosyal Bilimler Dergisi, 24(1), 117–133.
  • Zarsky, L. (1999). Havens, halos and spaghetti: Untangling the evidence about foreign direct investment and the environment. Foreign Direct Investment and the Environment, 8, 47–74. URL: https://www.iatp.org/sites/default/files/Conference_on_Foreign_Direct_Investment_and_th.pdf
  • Zhang, Y. J. (2011). The impact of financial growth on carbon emissions: An empirical analysis in China. Energy Policy, 39, 2197–2203.
  • Zhang, C., & Zhou, X. (2016). Does foreign direct investment lead to lower CO₂ emissions? Evidence from a regional analysis in China. Renewable and Sustainable Energy Reviews, 58, 943–951. https://doi.org/10.1016/j.rser.2015.12.226
  • Zhu, H., Duan, L., Guo, Y., & Yu, K. (2016). The effects of FDI, economic growth and energy consumption on carbon emissions in ASEAN-5: Evidence from panel quantile regression. Economic Modelling, 58, 237– 248. https://doi.org/10.1016/j.econmod.2016.05.003
  • Zafar, M. W., Zaidi, S. A. H., Khan, N. R., Mirza, F. M., Hou, F., & Kirmani, S. A. A. (2019). The impact of natural resources, human capital, and foreign direct investment on the ecological footprint: The case of the United States. Resource Policy, 63, 101428.
  • Zoundi, Z. (2017). CO₂ emissions, renewable energy and the environmental Kuznets curve: A panel cointegration approach. Renewable and Sustainable Energy Reviews, 72, 1067–1075.
Toplam 89 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Konular Uluslararası Finans, Mikro İktisat (Diğer), Finans ve Yatırım (Diğer)
Bölüm Makaleler
Yazarlar

Bıbıfatemeh Kazemı 0009-0001-4174-5565

Erken Görünüm Tarihi 30 Haziran 2025
Yayımlanma Tarihi 1 Temmuz 2025
Gönderilme Tarihi 10 Mayıs 2025
Kabul Tarihi 28 Haziran 2025
Yayımlandığı Sayı Yıl 2025 Cilt: 18 Sayı: 3

Kaynak Göster

APA Kazemı, B. (2025). MENA ÜLKELERİNDE ENFLASYONUN GÖLGESİNDE KARBON EMİSYONLARININ İNCELENMESİ: PANEL VERİ ANALİZİ (2000–2023). Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 18(3), 894-910. https://doi.org/10.25287/ohuiibf.1696947
Creative Commons Lisansı
Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi Creative Commons Atıf-GayriTicari-AynıLisanslaPaylaş 4.0 Uluslararası Lisansı ile lisanslanmıştır.