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Journals / Anadolu Üniversitesi Sosyal Bilimler Dergisi / 2019 / Cilt: 19 - Sayı: 1

The Impact of Globalization and Financial Development on Environment within the Context of STIRPAT Model: The Case of Turkey

Şenay SARAÇ
Aykut YAĞLIKARA
Pages
55–64
Publication Date
2019-03-21
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

According to the results obtained from cointegration analysis and causality tests, the variables analyzed move together in the long-run.

📌 3 Key Takeaways

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Objective & Hypothesis:Öz p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px 'Minion Pro'; min-height: 14.0px} p.p2 {margin: 0.0px 0.0px 0.0px 0.0px; text-align: justify; line-height: 10.1px; font: 10.0px 'Minion Pro'; color: #2d2829} span.s1 {font: 12.0px 'Minion Pro'; color: #000000} Today, the increasing environmental deterioration along with the increasing economic activity has led to an increase in the number of studies addressing this relationship.
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Key Findings & Data:As a result of the increasing interactions between countries due to globalization, financial mobility has also increased across the world.
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Conclusion & Impact:According to the results obtained from cointegration analysis and causality tests, the variables analyzed move together in the long-run.
🔬Design:Modeling & Simulation
📍Scope:2013 Verileri
⚙️Variables:Anahtar Kelimeler Globalization · Financial Development · CO2

Özet

Öz p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px 'Minion Pro'; min-height: 14.0px} p.p2 {margin: 0.0px 0.0px 0.0px 0.0px; text-align: justify; line-height: 10.1px; font: 10.0px 'Minion Pro'; color: #2d2829} span.s1 {font: 12.0px 'Minion Pro'; color: #000000} Today, the increasing environmental deterioration along with the increasing economic activity has led to an increase in the number of studies addressing this relationship. As a result of the increasing interactions between countries due to globalization, financial mobility has also increased across the world. Although globalization and financial mobility have effects on real variables, they also have an impact on the environment. To see figure out the effects of globalization and financial development on environment, we need to look at their relations with CO2 emissions. Therefore, this study examined the impact of globalization and financial development on environmental deterioration in Turkey, using the modified version of STIRPAT (Stochastic Impacts by Regression on Population, Affluence and Technology) model and the annual data covering the period of 1970-2013. According to the results obtained from cointegration analysis and causality tests, the variables analyzed move together in the long-run.

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Cite This Article

SARAÇ, Ş., YAĞLIKARA, A. (2019). The Impact of Globalization and Financial Development on Environment within the Context of STIRPAT Model: The Case of Turkey. Anadolu Üniversitesi Sosyal Bilimler Dergisi, Cilt: 19 - Sayı: 1, 55–64. https://ajindex.com/articles/9110

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