The Role of Net Migration, Renewable Energy and Financial Development in Environmental Sustainability: Evidence from the ARDL Bounds Test Approach in the Case of Turkey

Altay Topcu B., Sümerli Sarıgül S.

7. International CEO (Communication, Economics, Organization) Social Sciences Congress, Toskent, Uzbekistan, 23 - 24 September 2023, pp.142-150

  • Publication Type: Conference Paper / Full Text
  • City: Toskent
  • Country: Uzbekistan
  • Page Numbers: pp.142-150
  • Kayseri University Affiliated: Yes


The intensive use of fossil-based energy consumption required for production and the difficulties brought by global warming have brought initiatives to predict and maintain environmental quality at the global level. In addition, how immigrants affect the environmental quality of the countries they go to due to the existence of economic opportunities also emerges as a new topic of discussion in achieving the environmental sustainable goal. In this context, it is important to determine the role of migration in achieving low carbon, energy efficiency and cleaner atmospheric environment in the economies of the relevant countries. The aim of this study is to analyze the impact of net migration, renewable energy consumption and financial development on environmental sustainability in the case of Turkey for the period 1990-2020. Evidence from the ARDL Boundary Test approach reveals that net migration and renewable energy consumption increase environmental quality, while financial development degrades environmental quality. In this context, the elasticity coefficient of the link between net migration and renewable energy consumption and CO2 emissions is 0.002 and -0.533, respectively. The elasticity coefficient of the relationship between financial development and CO2 emissions is 0.173. These results obtained from the study have important policy recommendations for the Turkish economy. These recommendations are aimed at sustainable environmental quality and energy efficiency targets in the relevant country. Keywords: Net Migration, Renewable Energy Consumption, Financial Development, Environment, ARDL Boundary Test Approach