Publications by authors named "Mehmet Sedat Ugur"

Article Synopsis
  • * The research confirms that all types of fossil fuels contribute to environmental degradation, with coal being the most harmful, followed by oil.
  • * It also shows that while income and fossil fuel use both significantly affect CO2 emissions, natural gas has a relatively smaller impact compared to coal and oil.
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This paper investigates the relationship between CO emissions, energy consumption, economic growth, and foreign direct investment for a sample of Asia-Pacific Economic Cooperation Countries (APEC) countries from 1981:Q1 to 2021:Q1 employing panel data methodology. We identify cross-sectional dependence and hence utilize the cross-sectional augmented Dickey-Fuller panel unit root test for appropriate estimation. The cointegration test developed by Westerlund (2008) reveals a long-run equilibrium between CO emissions, energy consumption, economic growth, and foreign direct investment.

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