Özet:

The main objective of this study is to investigate the validity of the Environmental Kuznets Curve (CKE) hypothesis, which explains the relationship between economic growth and environmental pollution in the reverse-U form in the period 1960-2014 in the Turkish economy. For this purpose, three different regression models have been created using carbon emissions, real income per person, real income quarter per person, energy consumption and commercial outdoors variables. The study used ADF, PP and KPSS unit root tests to determine the stagnation degrees of the variables. The unit root test results allow the use of the ARDL limit test to detect the long-term relationship between the variables. Therefore, the study used the ARDL limit test to study the matching relationship between the variables. In the last stage, the ARDL model has predicted the long and short-term ratio of the variables. The results have supported the validity of the Czech hypothesis for the Turkish economy in three long-term models. The results also present important policy recommendations for the Turkish economy. Keywords: CO2 emissions, economic growth, environmental Kuznets curve hypothesis, ARDL border test, Turkey. JEL Classification: O44, O47, C22, Q56.

Anahtar Kelimeler:

Özet:

The main objective of this study is to investigate the validity of the Environmental Kuznets Curve (EKC) hypothesis which explain the presence of inverted-U shaped relationship between economic growth and environmental pollution for the period of 1960-2014 in Turkish economy. For this purpose, three different regression models were developed by using carbon emissions, per capita real income, the square of per capita real income, energy consumption and trade openness. In the study, ADF, PP and KPSS unit root tests were used to determine the stationarity properties of the variables. The unit root test results allow the use of the ARDL bounds test to determine the long term relationship between the variables. For this reason, the ARDL bounds test was used to examine the cointegration relationship between the variables in the study. In the last stage, the long and short term coefficients of the variables were estimated in the context of ARDL model. The results supported the validity of the EKC hypothesis for Turkish economy in three models. The results also provide important policy implications for Turkish economy. Key Words: Carbondioxide Emissions, Economic Growth, Environmental Kuznets Curve Hypothesis, ARDL Bounds Test, Turkey. JEL Classification: O44, O47, C22, Q56.