The Importance of Environmental Factors in Ensuring Sustainable Economıic Growth in OECD Countries

Yıl 2024, Cilt: 22 Sayı: 4, 47 - 69

Suna Korkmaz , Oya Korkmaz

https://doi.org/10.11611/yead.1494597

Öz

Recently, sustainable economic growth is one of the macroeconomic policies aimed by country governments. Environmental factors play an important role in the sustainability of economic growth. For this reason, natural resources must be used effectively and efficiently and must be sustained. In addition, in order to achieve sustainable economic growth, it is necessary to protect the ecosystem and reduce environmental pollution that occurs with industrialization. One of the factors causing environmental pollution is carbon emissions. Therefore, in this study, the relationship between per capita CO2 emissions released in total industrial production and economic growth for 8 OECD countries was analyzed by panel causality test. In the analysis, annual data for the period 2010-2018 were used. As a result of the study, a unidirectional causality relationship was found from economic growth to CO2 emissions.

Anahtar Kelimeler

Carbon Dioxide Emissions, Economic Growth, Panel Causality Test

Etik Beyan

No

Destekleyen Kurum

No

Teşekkür

No

Kaynakça

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