Abstract:

In this study, the impact of three fundamental CO2 emissions determinants (economic growth, energy consumption, and population) disclosed in Yoichi Kaya decomposition on CO2 emissions has been analyzed for Turkey from 1961 to 2010. For this purpose, the ARDL bounds testing and Johansen-Juselius approaches to cointegration and VECM Granger causality test are used. The results reveal that i) the variables are stationary in their first differences, ii) the series are cointegrated, iii) the environmental Kuznets curve hypothesis is valid for Turkish economy, iv) there exists a positive link between population growth and CO2 emissions in the long run, v) there exists a long run causality running from all the explanatory variables to CO2 emissions.

Keywords: