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The Impact of Economic Globalization on CO2 Emissions: The Case of NAFTA Countries

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  • Cemalettin Kalayci

    (Karadeniz Technical University, Turkey,)

  • P nar Hayaloglu

    (G m hane University, Turkey.)

Abstract

International trade with the economic globalization gaining wide currency has brought along the environmental problems. Transition to environment-friendly high-tech products and schemes in developed countries alleviated the impacts of these problems whereas underdeveloped environmental standards in developing countries still cause deterioration in the environmental quality. For this reason, there are different views on the environmental impacts of globalization. The study investigates the impact of globalization and trade openness on CO2 emissions with reference to the NAFTA countries. Employing panel-data analysis, the study relies on the annual data for a period of 1990 2015. The findings reveal that there is a positive relationship between economic globalization and trade openness, and CO2 emissions. The study further tests the validity of Environmental Kuznets Curve for the target countries. To this end, the research identifies a positive-direction relationship in both linear and square forms between CO2 emissions and economic growth.

Suggested Citation

  • Cemalettin Kalayci & P nar Hayaloglu, 2019. "The Impact of Economic Globalization on CO2 Emissions: The Case of NAFTA Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 9(1), pages 356-360.
    • Handle: RePEc:eco:journ2:2019-01-45
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    References listed on IDEAS

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    More about this item

    Keywords

    Economic Globalization; CO2 Emissions; Environmental Kuznets Curve;
    All these keywords.

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • F18 - International Economics - - Trade - - - Trade and Environment
    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

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