Estimating time-Varying conditional correlations between economic growth and carbon dioxide emissions volume

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dc.contributor.authorApak S.
dc.contributor.authorKasman A.
dc.contributor.authorBal P.
dc.contributor.authorTorun E.
dc.date.accessioned2024-03-13T10:01:29Z
dc.date.available2024-03-13T10:01:29Z
dc.date.issued2011
dc.departmentİstanbul Beykent Üniversitesien_US
dc.description.abstractThere has been extensive research on the historical relationship between economic growth and carbon dioxide emissions. Presently, it can be assumed that the high carbon dioxide emissions volume in the world is the result of economic growth. However, over the last couple of decades, increasing awareness about environmental problems, which has resulted from the new realities of the world such as climate change, emphasises the importance of a low-carbon economy. Under these new circumstances that the world faces, many countries, especially in the developed world, have already started to work for the transition to a low-carbon economy. Hence, in some countries, carbon dioxide (CO 2) emissions have started to decelerate despite accelerating economic growth. In this paper, the , dynamic conditional correlations (DCC) model is used to estimate time-varying conditional correlations between economic growth and carbon dioxide emssions in the United States of America (USA) between 1800 and 2006. The empirical results indicate that two variables are positively and highly correlated until the 1970's. The results also indicate that volatility in correlation over the period 1800-1970 is low. The results further indicate that the correlation between economic growth and carbon dioxide emissions volume is highly volatile during the period 1970-2006. There seems to be a downward trend in correlation between two variables in this period.en_US
dc.identifier.endpage1607en_US
dc.identifier.issn1311-5065
dc.identifier.issue4en_US
dc.identifier.scopus2-s2.0-84856448505en_US
dc.identifier.scopusqualityQ3en_US
dc.identifier.startpage1601en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12662/3220
dc.identifier.volume12en_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.relation.ispartofJournal of Environmental Protection and Ecologyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectCarbon dioxide emissionsen_US
dc.subjectConditional correlationen_US
dc.subjectEconomic growthen_US
dc.subjectLow-carbon economyen_US
dc.subjectMultivariate garchen_US
dc.titleEstimating time-Varying conditional correlations between economic growth and carbon dioxide emissions volumeen_US
dc.typeArticleen_US

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