Does Inclusive Green Growth in Türkiye Have an Impact on Global Warming?

OpenAlex İngilizce

This study aims to analyze the relationship between inclusive green growth and global warming for Türkiye with the help of the 1991-2020 period data set. In this context, in the study, the inclusive green growth index was first created with the help of 'Principal Components Analysis by using the components that make up inclusive green growth to represent inclusive green growth. Then, the impact of the inclusive green growth index, total labor force, and technological development on global warming was analyzed using the Johansen cointegration test, FMOLS, DOLS, and CRR estimators. The results contain evidence in all three models that the role of inclusive green growth in Türkiye is ineffective in reducing global warming. In addition to these results, the effect of technological development on global warming was found to be negative and statistically significant in all three models. However, it was found that the impact of the total labor force on global warming was negative in all three models. Still, the coefficient was statistically significant only in the DOLS estimator. It is of great importance to ensure inclusive green growth in Türkiye, ensuring financial inclusion, increasing the qualified workforce and directing public resources to more productive areas.