The asymmetric relationship between globalization, tourism, CO2 emissions, and economic growth in Turkey: implications for environmental policy making

Environ Sci Pollut Res Int. 2020 Sep;27(26):32742-32753. doi: 10.1007/s11356-020-09190-5. Epub 2020 Jun 9.

Abstract

The current study examines the importance of asymmetric modelling of tourism-CO2 emissions relationship by incorporating real income per capita and the newly developed globalization index in a multivariate time series model between 1970 and 2014 for Turkey. We used a non-linear autoregressive distributed lag model in analyzing the asymmetric cointegration association between the selected variables. Using Hatemi-J (2012) asymmetric causality testing method, we examined the asymmetric causal relationship among the variables. The empirical outcomes provide evidence for the existence of asymmetric long-run cointegration nexus among the variables. Asymmetric causality results show that both the positive and negative shock of tourism influence the CO2 emissions in the long-term, while in the short-term, only the negative shock of tourism contributes to CO2 emissions. Also discussed are the policy implications with regard to Turkey's environmental and economic policies.

Keywords: Asymmetric; CO2 emissions; Globalization; Growth; Tourism; Turkey.

MeSH terms

  • Carbon Dioxide / analysis*
  • Economic Development*
  • Environmental Policy
  • Internationality
  • Turkey

Substances

  • Carbon Dioxide