Testing the role of external debt in environmental degradation: empirical evidence from Turkey

被引:27
作者
Katircioglu, Salih [1 ]
Celebi, Aysem [2 ]
机构
[1] Eastern Mediterranean Univ, Dept Banking & Finance, POB 99628,Via Mersin 10, Famagusta, North Cyprus, Turkey
[2] Near East Univ, Fac Econ & Adm Sci, Via Mersin 10, Nicosia, Northern Cyprus, Turkey
关键词
CO2; emissions; Energy consumption; Debt; Turkey; ECONOMIC-GROWTH; ENERGY-CONSUMPTION; KUZNETS CURVE; GOVERNMENT EXPENDITURE; CO2; EMISSIONS; TOURISM; HYPOTHESIS; TRADE;
D O I
10.1007/s11356-018-1194-0
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
This study investigates the role of external debt stock in Turkey, which has suffered from heavy (external and domestic) debt stock for many years. Annual data from 1960 to 2013 was analyzed using time series analysis in order to study this. The results confirm the validity of the conventional environmental Kuznets curve (EKC) in the case of Turkey. However, this study also found that Turkey's external debt stock did not influence the Turkish economy's long-term EKC behavior. Fortunately, the results suggest that there are important interactions among external debt stock, CO2 emissions, energy consumption, and real income; that is, changes in external debt volume precede changes in these aggregates' volumes.
引用
收藏
页码:8843 / 8852
页数:10
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