TESTING SECTORAL VALIDITY OF POLLUTION HAVEN HYPOTHESIS FOR TÜRKIYE’S ENERGY AND WASTE SECTOR


Güler C.

International Journal of Entrepreneurship and Management Inquiries, vol.7, no.12, pp.1-13, 2023 (Peer-Reviewed Journal)

Abstract

The increase in environmental standards in developed countries and the efforts of developing countries to attract foreign direct investments (FDI) offer both a theoretical and an empirical research area. In practice, this situation, which can be seen as a shift of investments to countries with looser policies in order to avoid the costs of environmental regulations, is called the pollution haven hypothesis (PHH). In this study, the existence of the mentioned hypothesis for Türkiye's waste and energy sector is investigated. In order to test the hypothesis, linear time series analysis methods are used in the study. When the findings are examined, it is observed that the hypothesis is valid in both sectors.