ENVIRONMENTAL KUZNETS CURVE (EKC): EMPIRICAL RELATIONSHIP BETWEEN ECONOMIC GROWTH, ENERGY CONSUMPTION AND CO2 EMISSIONS: EVIDENCE FROM FINLAND
ÇEVRESEL KUZNETS EĞRİSİ: EKONOMİK BÜYÜME, ENERJİ TÜKETİMİ VE CO2 SALINIMI ARASINDAKİ AMPİRİK İLİŞKİ: FİNLANDİYA ÖRNEĞİ

Author : Emrah BEŞE
Number of pages : 490-499

Abstract

In this study, environmental Kuznets curve (EKC) hypothesis is examined for Finland for the period between 1960 and 2014. EKC hypothesis is examined under two nexus which are GDP, CO2 and energy consumption, and GDP, CO2, energy consumption and the square of GDP. Causal and long-term relationships between GDP, CO2 and energy consumption are examined by ARDL bounds test for cointegration and Toda and Yamamoto Granger non-causality test. Long-term relationships between GDP, CO2, energy consumption and the square of GDP are examined by ARDL Bounds Test. EKC hypothesis is not confirmed for Finland, and no causal relationships are found between CO2, GDP and energy consumption. Neutrality hypothesis is confirmed for Finland.

Keywords

environmental Kuznets curve; ARDL bounds test for cointegration; Toda and Yamamoto Granger non-causa

Read: 889

Download: 264