INTERNATIONAL CENTER FOR RESEARCH AND RESOURCE DEVELOPMENT

ICRRD QUALITY INDEX RESEARCH JOURNAL

ISSN: 2773-5958, https://doi.org/10.53272/icrrd

The Relationship between CO₂ Emissions, Energy Consumption, Economic Growth, Exports, and Imports in Turkey

The Relationship between CO₂ Emissions, Energy Consumption, Economic Growth, Exports, and Imports in Turkey

Abstract: This study investigates the relationship between  emissions, energy consumption, economic growth, exports, and imports in Turkey (Türkiye) between 1970 and 2023. The vector error correction model (VECM) and the Granger causality tests are employed to observe the interactions between these variables. The findings imply that  emissions and energy consumption,   emissions and exports, energy consumption and exports, and economic growth and exports have bidirectional causal relationships. Furthermore, unidirectional causal relationships from imports to exports and from economic growth to imports are also observed. Energy consumption positively affects  emissions in the short and long-run. Regarding the short-run, economic growth, exports and imports stimulate  emissions. In the long-run, economic growth and exports negatively impact  emissions. Finally, the current study recommends vital policies that focus on energy-saving production in Turkey.

Keywords: Turkish Economy,  Emissions, Vector Error Correction Model, Granger Causality, Energy Consumption