Özet:

This research investigates the environmental impacts of economic globalization and financial development in Turkey by considering multi- dimensional indices. Three models are estimated in this research for the 1980-2016 period by employing the augmented autoregressive distributed lag (augmented ARDL) bounds testing procedure. According to the findings, in the long run (LR), economic and financial globalization do not affect Turkey’s carbon dioxide emissions, whereas trade globalization decreases them. Additionally, in the short-run (SR), economic, trade, and financial globalization do not impact Turkey’s carbon emissions. Moreover, financial development intensifies carbon dioxide emissions either in the LR or in the SR. These results, coupled with the evidence retrieved from control variables (income, income squared, energy consumption, industrialization, and urbanization), are utilized to put forward various policy suggestions.

Anahtar Kelimeler: