INFLUENCE OF FOREIGN DIRECT INVESTMENT ON CARBON DIOXIDE EMISSIONS IN NEWLY INDUSTRIALIZED COUNTRIES: A PANEL ARDL-PMG APPROACH
| dc.contributor.author | Dam M.M. | |
| dc.contributor.author | Gökbunar A.R. | |
| dc.contributor.author | Yildiz B. | |
| dc.contributor.author | Bulut Ş. | |
| dc.date.accessioned | 2025-04-10T11:04:35Z | |
| dc.date.available | 2025-04-10T11:04:35Z | |
| dc.date.issued | 2022 | |
| 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. © 2022 Gheorghe Asachi Technical University of Iasi, Romania. All rights reserved. | |
| dc.identifier.uri | http://hdl.handle.net/20.500.14701/45473 | |
| dc.publisher | Gheorghe Asachi Technical University of Iasi, Romania | |
| dc.title | INFLUENCE OF FOREIGN DIRECT INVESTMENT ON CARBON DIOXIDE EMISSIONS IN NEWLY INDUSTRIALIZED COUNTRIES: A PANEL ARDL-PMG APPROACH | |
| dc.type | Article |