Abstract:

Purpose: In this study, it is aimed to determine the validity of Jevons paradox in the context of environmental economics. Methodology: An econometric analysis method is applied by using the data of the selected 15 emerging market economies (Argentina, Bangladesh, Brazil, Indonesia, South Africa, India, Colombia, Malaysia, Mexico, Pakistan, Peru, Romania, Chile, Thailand, Türkiye) for the period of 1990-2017. Findings: It has been determined that industrialization and economic growth increase environmental pollution and the validity of Jevons paradox has been confirmed within the scope of the study. Originality: The validity of the Jevons paradox has been the subject of examination, especially on the relationship between energy efficiency and consumption, whereas the studies on the environment have been more limited. For this reason, in this study, unlike other studies, it is aimed to analyze the validity of Jevons paradox in the context of the environment.