In this study, the effectiveness of environmental taxes in reducing CO2 emissions in the 1997-2015 period for nine members of the European Union countries and Turkey is examined by panel data analysis. Before the analysis is conducted, series used in the study were tested with Pesaran statistical analysis, and then cointegration and causality analysis according to the structure of stability. The findings of Westerlund (2007) cointegration test showed that there wasn't a long run cointegration relationship between the series. According to the results obtained from the Dumitrescu ve Hurlin (2012) Causality test, there is a bi-directional causality relationship between carbon footprint, environmental taxes and renewable energy consumption demand. There is a one-way causality relationship from per capita GDP and urban population to carbon footprint.
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Ulusal
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