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

被引：0
作者：
Salih Katircioglu
Aysem Celebi
机构：
[1] Eastern Mediterranean University,Department of Banking and Finance
[2] Near East University,Faculty of Economics and Administrative Sciences
来源：
Environmental Science and Pollution Research | 2018年 / 25卷
关键词：
CO; emissions; Energy consumption; Debt; Turkey;
D O I：
暂无
中图分类号：
学科分类号：
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.
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页码：8843 / 8852
页数：9
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