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The Effect of External Debt on Emissions from Coal Consumption: Evidence from Turkey

Author

Listed:
  • Emrah Bese

    (Department of Finance, Texas A&M University, Corpus Christi, USA)

  • H. Swint Friday

    (CFP, Texas A&M University, RELLIS, USA)

Abstract

This paper analyzes the effect of external debt on emissions from coal consumption per capita for Turkey for the period 1970 to 2020 through gross domestic per capita and square of gross domestic per capita. Results confirm that coal Kuznets curve for Turkey but the effect of external debt on emissions from coal consumption per capita is insignificant and negative. Further causality is not analyzed since the main of the study is to analyze the effect of external debt on emissions from coal consumption. Although the effect of external debt on emissions is insignificant and negative, Turkey s investments for clean energy sources to diversify its energy resources should be continued.

Suggested Citation

  • Emrah Bese & H. Swint Friday, 2022. "The Effect of External Debt on Emissions from Coal Consumption: Evidence from Turkey," International Journal of Energy Economics and Policy, Econjournals, vol. 12(5), pages 515-518, September.
    • Handle: RePEc:eco:journ2:2022-05-58
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    References listed on IDEAS

    as
    1. Emrah Bese & Haven Swint Friday & Cihan zden, 2021. "The Effect of External Debt on Emissions: Evidence from China," International Journal of Energy Economics and Policy, Econjournals, vol. 11(1), pages 440-447.
    2. Zivot, Eric & Andrews, Donald W K, 2002. "Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis," Journal of Business & Economic Statistics, American Statistical Association, vol. 20(1), pages 25-44, January.
    3. M. Hashem Pesaran & Yongcheol Shin & Richard J. Smith, 2001. "Bounds testing approaches to the analysis of level relationships," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(3), pages 289-326.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    External debt; Environmental Kuznets curve; Economic growth; Coal; Developing countries;
    All these keywords.

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

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