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An Assessment Of The Impact Of Natural Resource Rent, Financial Development And Urbanization On Carbon Dioxide Emissions: The Case Of Türkiye And South Africa

Author

Listed:
  • Aziza Hashi KORKMAZ

    (Ankara Yildirim Beyazit University, Türkiye)

  • Ayhan KAPUSUZOGLU

    (Ankara Yildirim Beyazit University, Türkiye)

  • Nildag Basak CEYLAN

    (Ankara Yildirim Beyazit University, Türkiye,)

Abstract

Türkiye and South Africa are the most globalized, urbanized and the most carbonintensive economy in the emerging economies. In this direction, this study examines an assessment of the impact of natural resource rent, financial development, and urbanization on carbon dioxide emissions in South Africa and Türkiye. For the period 1990-2021, we have implemented an AutoRegressive Distributed Latency (ARDL). The ARDL cointegration test result shows the existence of a long-term relationship between the variables. The granger causality test indicates that there is a bi directional relationship between carbon dioxide emissions and natural gas rents, financial development and natural gas rent and urbanization and natural gas rent. In addition to, this VAR Granger Causality/Block Exogeneity Wald Tests shows that there is a link between carbon dioxide emissions and financial development.

Suggested Citation

  • Aziza Hashi KORKMAZ & Ayhan KAPUSUZOGLU & Nildag Basak CEYLAN, 2023. "An Assessment Of The Impact Of Natural Resource Rent, Financial Development And Urbanization On Carbon Dioxide Emissions: The Case Of Türkiye And South Africa," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 22(2), pages 21-34.
    • Handle: RePEc:pts:journl:y:2023:i:2:p:21-34
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    References listed on IDEAS

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    More about this item

    Keywords

    CO2 emissions; Financial development; Natural resource rent; Natural gas rent; Urbanization; Autoregressive distributed lag model;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies

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