Asymmetric relationship between environmental protection expenditures and economic growth: Panel causality findings from selected oecd countries

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dc.authorid0000-0003-4092-7137en_US
dc.authorid0000-0002-0964-7893en_US
dc.contributor.authorFendoğlu, Eda
dc.contributor.authorKonat, Gökhan
dc.date.accessioned2023-08-10T12:06:03Z
dc.date.available2023-08-10T12:06:03Z
dc.date.issued2023en_US
dc.departmentBAİBÜ, İktisadi ve İdari Bilimler Fakültesi, Ekonomertri Bölümüen_US
dc.description.abstractIn this study, the causality relationship between environmental protection expenditures and economic growth is investigated for 13 selected OECD countries using the annual data set covering the period 1995-2019. First of all, the unit root test of the variables was carried out. The symmetric relationship for series found to be stationary at level values was investigated by Konya (2006) bootstrap panel causality test. The asymmetrical relationship was carried out with the test applied by Yilanci and Aydin (2017) based on the tests of Granger and Yoon (2002) and Konya (2006). According to the results of symmetric causality, a bidirectional relationship was found for Slovenia. A one-way relationship was found from environmental protection expenditures to the economic growth variable for Spain and Switzerland, and from the economic growth variable to environmental protection expenditures for Austria. It is seen that there are hidden relations for the Netherlands and Spain from the economic growth variable to the environmental protection expenditures for positive shocks, for France and Norway from the environmental protection expenditures to the economic growth variable for the negative shocks, and for the Czech Republic and Denmark from the economic growth variable to the environmental protection expenditures for the negative shocks.en_US
dc.identifier.citationFENDOĞLU, E., & Konat, G. (2023). ASYMMETRIC RELATIONSHIP BETWEEN ENVIRONMENTAL PROTECTION EXPENDITURES AND ECONOMIC GROWTH: PANEL CAUSALITY FINDINGS FROM SELECTED OECD COUNTRIES. Economic Computation & Economic Cybernetics Studies & Research, 57(1).en_US
dc.identifier.doi10.24818/18423264/57.1.23.08
dc.identifier.endpage136en_US
dc.identifier.issn0424-267X
dc.identifier.issn1842-3264
dc.identifier.issue1en_US
dc.identifier.scopus2-s2.0-85151513502en_US
dc.identifier.scopusqualityQ3en_US
dc.identifier.startpage121en_US
dc.identifier.urihttp://dx.doi.org/10.24818/18423264/57.1.23.08
dc.identifier.urihttps://hdl.handle.net/20.500.12491/11480
dc.identifier.volume57en_US
dc.identifier.wosWOS:000960039800008en_US
dc.identifier.wosqualityQ3en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.institutionauthorKonat, Gökhan
dc.language.isoenen_US
dc.publisherEditura Aseen_US
dc.relation.ispartofEconomic Computation and Economic Cybernetics Studies and Researchen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectEnvironmental Protection Expenditureen_US
dc.subjectGDPen_US
dc.subjectSymmetric Causalityen_US
dc.subjectAsymmetric Causalityen_US
dc.subjectImpacten_US
dc.titleAsymmetric relationship between environmental protection expenditures and economic growth: Panel causality findings from selected oecd countriesen_US
dc.typeArticleen_US

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