Department of Banking and Finance, Eastern Mediterranean University, P.O. Box 99628, Famagusta, Northern Cyprus, Via Mersin 10, Turkey.
Faculty of Economics and Administrative Sciences, Near East University, Nicosia, Northern Cyprus, Via Mersin 10, Turkey.
Environ Sci Pollut Res Int. 2018 Mar;25(9):8843-8852. doi: 10.1007/s11356-018-1194-0. Epub 2018 Jan 12.
This study investigates the role of external debt stock in Turkey, which has suffered from heavy (external and domestic) debt stock for many years. Annual data from 1960 to 2013 was analyzed using time series analysis in order to study this. The results confirm the validity of the conventional environmental Kuznets curve (EKC) in the case of Turkey. However, this study also found that Turkey's external debt stock did not influence the Turkish economy's long-term EKC behavior. Fortunately, the results suggest that there are important interactions among external debt stock, CO emissions, energy consumption, and real income; that is, changes in external debt volume precede changes in these aggregates' volumes.
本研究考察了土耳其外债存量的作用，土耳其多年来一直承受着沉重的（外部和内部）债务存量。为了研究这一点，使用时间序列分析对 1960 年至 2013 年的年度数据进行了分析。结果证实了传统环境库兹涅茨曲线（EKC）在土耳其的有效性。然而，本研究还发现，土耳其的外债存量并未影响土耳其经济的长期 EKC 行为。幸运的是，结果表明外债存量、二氧化碳排放、能源消耗和实际收入之间存在重要的相互作用；也就是说，外债规模的变化先于这些总量规模的变化。
