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VALIDITY OF ENVIRONMENTAL KUZNETS CURVE IN EMERGING MARKET ECONOMIES: PANEL DATA ANALYSIS
Authors: Filiz ERATAŞ - Ece DEMİRAY EROL, Hayriye BAŞCI NUR
Number of views: 519
There is a close and reciprocal relationship between environmental issues and economy. While growing economical activities cause environmental problems, environmental issues affect sustainable economic growth negatively as well. in other words, economic development enhances pollution and pollution increases the social and economic cost of economic growth. This study examine the relationship between income and environmental pollution for 10 country: China, India, Indonesia, South Korea, Turkey, Poland, Mexico, Brazil, Argentina and South Africa. Panel data analysis can be used within the framework of the empirical model, we first test variables are investigated using delta heterogeneous. Then, the Then, the CDLM decided to test this model, the observed cross-sectional independence, stability batches were investigated by means of the first-generation unit root tests. After proving the existence of the relationship between the variables are cointegrated, the long-term Breitung regression coefficients estimated by two-stage least squares method. According to the findings, Environmental Kuznets Curve approach is valid in countries that are subject to analysis.
Keywords
Environmental Kuznets Curves, Panel Data Analysis, Panel Unit Root Tests, Panel Cointegration Tests