The moderating role of informal economy on financial development induced ekc hypothesis in turkey

Eren, Barış Memduh; Katırcıoğlu, Salih; Gökmenoğlu, Korhan K.

doi:10.1177/0958305x211070775

Cited by 16 publications

(4 citation statements)

References 98 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Previous research has found that financial development has had an inhibitory effect on carbon emissions using a variety of methods based on data from various countries (Jalil and Feridun, 2011;Köksal et al, 2021;Tamazian et al, 2009). Financial development has been found to moderate the effect of real output on carbon emissions (in the short term, negatively), whereas financial development has been found to moderate the effect of real output on carbon emissions in the long term in Turkey (Katircioğlu and Taşpinar, 2017;Memduh Eren et al, 2022). Financial development, on the other hand, increases carbon emissions by accelerating economic growth and energy consumption, resulting in an inverted U-shaped relationship (Charfeddine and Ben Khediri, 2016;Dogan and Seker, 2016;Fan et al, 2022;Salahuddin et al, 2015).…”

Section: Financial Development and Carbon Emissionsmentioning

confidence: 99%

How Does Green Credit Promote Carbon Reduction? A Mediated Model

Lyu

Ostic

et al. 2022

Front. Environ. Sci.

View full text Add to dashboard Cite

Using China’s provincial panel data from 2006 to 2016, this paper develops a dynamic panel data model to investigate the impact and mechanism of green credit on carbon emissions at the national and regional levels. According to the findings, green credit significantly reduces carbon emissions, with the eastern region having the greatest reduction effect. Green credit, with the exception of the western region, has a strong positive impact on disruptive low-carbon innovation. When green credit is combined with disruptive low-carbon innovation, both can significantly reduce carbon emissions; however, the green credit impact diminishes. It can be concluded that disruptive low-carbon innovation has a mediation effect on green credit’s contribution to carbon emission reduction. As a result, China should broaden the scope of green credit, concentrate on providing high-quality low-carbon patented technology to science and technology enterprises, and alleviate their financing constraints. Furthermore, these enterprises should increase their output of disruptive low-carbon innovation while lowering carbon emissions through technological innovation.

show abstract

Section: Financial Development and Carbon Emissionsmentioning

confidence: 99%

How Does Green Credit Promote Carbon Reduction? A Mediated Model

Lyu

Ostic

et al. 2022

Front. Environ. Sci.

View full text Add to dashboard Cite

show abstract

“…Therefore, in the standard EKC model, the introduction of additional variables can play a crucial role in determining the shape of the relationship between development and the environment. These variables include economic openness (Dogan and Turkekul, 2016;Ozatac et al, 2017;Rana and Sharma, 2019;Koc and Bulus, 2020;Bekun et al, 2021;Pata and Caglar, 2021;Kosh et al, 2021;Pata et al, 2022;Mahmood, 2022); foreign direct investment and the quality of institutions (Biswas and Dasgupta 2012;Doytch and Uctum, 2016;Usman and Jahanger, 2021;Hussain and Dogan, 2021;Singhania and Saini, 2021;Ochoa-Moreno et al, 2021;Jahanger et al, 2022;Karim et al, 2022;Nhuong and Quang, 2022); energy consumption (Zhang et al, 2017;Ozcan and Ulucak, 2021;Jena et al, 2022); and financial development (Omri et al, 2015;Nasreen and Anwar, 2015;Memduh Eren et al, 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

Air Pollution and Economic Development in KSA: Environmental Kuznets Curve and Implications for Sustainable Development

Abid,

Gheraia,

Sekrafi

et al. 2024

IJEEP

View full text Add to dashboard Cite

In a global context increasingly concerned about climate hazards, understanding the impact of economic growth on the environment is becoming crucial, especially for developing countries. This paper addresses this issue through the lens of carbon dioxide (CO2) emissions and examines how economic growth affects the environment in the case of KSA. The objective of this study is to test the validity of the environmental Kuznets curve over the period 1990-2020 using the Granger causality test. The results of the test indicate a long-term relationship between the variables, and the results of the long-term model confirm the environmental Kuznets curve hypothesis for the Saudi economy with a GDP per capita turning point of US$ 19977,794. The results suggest that there is a bi-directional, short-term causal relationship. The long-term causality is unidirectional from income to CO2 emissions. Our results suggest that the KSA should distinguish between economic policy and environmental policy to improve its environmental quality. Economic expansion leads to an increase in the level of pollution and the concentration of GHGs in the atmosphere if the government does not take the necessary precautions.

show abstract

“…When these scarce resources are examined, there is no consensus on the EKC for the United Kingdom. While some studies (Ben Amar, 2021; Balsalobre‐Lorente et al, 2022; Caglar, Yavuz, et al, 2022; Memduh Eren et al, 2022; Farooq et al, 2022; Fong et al, 2020; Fosten et al, 2012; Jahanger, 2022; Jahanger et al, 2022; Mehmood, 2022; Neagu, 2019; Onifade & Alola, 2022; Shahbaz et al, 2017; Sephton & Mann, 2016) provide evidence for the EKC hypothesis, some studies (Ajmi et al, 2015; Ari & Şentürk, 2020; Ișik et al, 2020; Jebli et al, 2022; Kaya Kanlı & Küçükefe, 2022; Onifade, 2022) claim that the EKC hypothesis is not valid.…”

Section: Literature Reviewmentioning

confidence: 99%

Can nuclear energy technology budgets pave the way for a transition toward low‐carbon economy: Insights from the United Kingdom

Çağlar

2022

Sustainable Development

View full text Add to dashboard Cite

The energy resources of the economies play a critical role in reaching the 2030 and 2050 decarbonization targets. In this respect, research and development budgets for nuclear energy (NRD), which constitutes one-fifth of the current energy resources in the United Kingdom, can be a step in the transition to a low-carbon economy. However, the current literature neglects the impact of NRD on environmental quality for the United Kingdom. Thus, this paper explores the impact of NRD on CO 2 in the United Kingdom by controlling income, trade openness, and financial development from 1974 to 2020 with a non-linear autoregressive distributed lag (NARDL) approach. Empirical findings confirm the asymmetrical relationship between NRD and CO 2 . In this context, while positive changes in NRD reduce environmental degradation, negative changes in NRD hinder environmental sustainability. Another finding is that the environmental Kuznets curve (EKC) hypothesis is valid. Furthermore, the results show that while economic growth and trade openness reduce environmental quality, financial development contributes to environmental quality.

show abstract

The moderating role of informal economy on financial development induced ekc hypothesis in turkey

Cited by 16 publications

References 98 publications

How Does Green Credit Promote Carbon Reduction? A Mediated Model

How Does Green Credit Promote Carbon Reduction? A Mediated Model

Air Pollution and Economic Development in KSA: Environmental Kuznets Curve and Implications for Sustainable Development

Can nuclear energy technology budgets pave the way for a transition toward low‐carbon economy: Insights from the United Kingdom

Contact Info

Product

Resources

About