INFLUENCE OF FOREIGN DIRECT INVESTMENT ON CARBON DIOXIDE EMISSIONS IN NEWLY INDUSTRIALIZED COUNTRIES: A PANEL ARDL-PMG APPROACH
dc.contributor.author | Dam, MM | |
dc.contributor.author | Gökbunar, AR | |
dc.contributor.author | Yildiz, B | |
dc.contributor.author | Bulut, S | |
dc.date.accessioned | 2025-04-10T10:30:26Z | |
dc.date.available | 2025-04-10T10:30:26Z | |
dc.description.abstract | In this study, the effect of foreign direct investment on carbon dioxide emissions was analyzed using annual data for the 1990-2016 period for the newly industrialized countries. The study was analyzed using Panel Pooled Mean Group-Autoregressive distributive lag cointegration test and Dumitrescu and Hurlin panel causality test. As a result of the long-term analysis, the foreign direct investment, energy consumption and trade openness have a positive and significant impact on carbon dioxide emissions whereas economic growth has negative and significant impact on carbon dioxide emissions. It has been analyzed that a 1% increase in foreign direct investment increases carbon dioxide emission by 0.03%. According to Dumitrescu and Hurlin panel causality tests analysis results, a bidirectional causality relationship between energy consumption and carbon dioxide emissions; a unidirectional causality relationship from economic growth and trade openness to carbon dioxide emissions and from carbon dioxide emissions to foreign direct investment has been determined. | |
dc.identifier.e-issn | 1843-3707 | |
dc.identifier.issn | 1582-9596 | |
dc.identifier.uri | http://hdl.handle.net/20.500.14701/37041 | |
dc.language.iso | English | |
dc.title | INFLUENCE OF FOREIGN DIRECT INVESTMENT ON CARBON DIOXIDE EMISSIONS IN NEWLY INDUSTRIALIZED COUNTRIES: A PANEL ARDL-PMG APPROACH | |
dc.type | Article |