TESTING THE ENVIRONMENTAL KUZNETS CURVE IN N-11 COUNTRIES IN CONTEXT OF CO2 EMISSION AND ECOLOGICAL FOOTPRINT
This study focuses on ecological footprint and CO2 emission to test the Environmental Kuznets Curve (EKC) hypothesis. For the dependent variable CO2 emissions annual data for the period of 1986-2018; for the ecological footprint dependent variable annual data for the period of 1986-2016 were used. In the study, the effects of economic growth, energy consumption and population density on CO2 emissions and ecological footprints in 9 N-11 countries were investigated. As a method, CIPS unit root test, Westerlund cointegration test, AMG and CCEMG methods were used. Empirical findings revealed that the EKC hypothesis is not valid in N-11 countries. In addition, it has been determined that energy consumption has a positive effect on CO2 emissions and ecological footprint as expected, while population density does not have a statistically significant effect. In this article, a set of policy recommendations for sustainable environmental and economic development have been made to policy makers.
- Journal
- KAFKAS UNIVERSITESI IKTISADI VE IDARI BILIMLER FAKULTESI DERGISI
- Year
- 2022
- Volume
- 13
- Issue
- 26
- Pages
- 915-937
- ISSN
- 1309-4289
- eISSN
- 2149-9136
- DOI
- 10.36543/kauiibfd.2022.037
- WoS UID
- WOS:001351978300012