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    Pesaran’s CADF test results for Model I. by Ozlem Kutlu Furtuna (20308206)

    Published 2024
    “…The results of the panel data analysis show a U-shaped relationship between FDI and carbon emissions which means carbon emissions decrease to a certain level with increasing FDI investment and after this level, increasing FDI increases the environmental degradation in terms of carbon emissions. …”
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