The Effect of the Transmission Impact of the U.S Interest Rate on Turkey’s CO2 Emissions: Evidence from Bootstrap ARDL

The U.S. economy is the largest in world; any change US economic policies exert a significant impact on global markets. main purpose of this study to investigate spillover effect U.S interest rate Turkey’s CO2 emission. empirical results and subsequent discussion will be first contribution its kind environmental literature field. employs newly developed bootstrap autoregressive distributed lag (ARDL) testing approach as proposed by McNown et al. (2018). findings show that there negative relationship between also provide evidence effects emission Turkey through domestic rate, growth, energy consumption channels. It suggested policymakers should design strategies such sustained growth for responding external shocks, particular, rate.