INFLUENCE OF FOREIGN DIRECT INVESTMENT ON CARBON DIOXIDE EMISSIONS IN NEWLY INDUSTRIALIZED COUNTRIES: A PANEL ARDL-PMG APPROACH

dc.contributor.authorDam, MM
dc.contributor.authorGökbunar, AR
dc.contributor.authorYildiz, B
dc.contributor.authorBulut, S
dc.date.accessioned2024-07-18T11:51:44Z
dc.date.available2024-07-18T11:51:44Z
dc.description.abstractIn 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.issn1582-9596
dc.identifier.other1843-3707
dc.identifier.urihttp://akademikarsiv.cbu.edu.tr:4000/handle/123456789/5077
dc.language.isoEnglish
dc.publisherGH ASACHI TECHNICAL UNIV IASI
dc.subjectRENEWABLE ENERGY-CONSUMPTION
dc.subjectENVIRONMENTAL KUZNETS CURVE
dc.subjectPOLLUTION HAVEN HYPOTHESIS
dc.subjectUNIT-ROOT TESTS
dc.subjectCO2 EMISSIONS
dc.subjectECONOMIC-GROWTH
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectELECTRICITY CONSUMPTION
dc.subjectCAUSALITY ANALYSIS
dc.subjectINCOME
dc.titleINFLUENCE OF FOREIGN DIRECT INVESTMENT ON CARBON DIOXIDE EMISSIONS IN NEWLY INDUSTRIALIZED COUNTRIES: A PANEL ARDL-PMG APPROACH
dc.typeArticle

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