THE RELATIONSHIP BETWEEN ENERGY CONSUMPTION AND ECONOMIC GROWTH: EVIDENCE FROM A STRUCTURAL BREAK ANALYSIS FOR TURKEY
INTERNATIONAL JOURNAL OF ENERGY ECONOMICS AND POLICY, cilt.3, ss.20-29, 2013 (Scopus)
- Yayın Türü: Makale / Tam Makale
- Cilt numarası: 3
- Basım Tarihi: 2013
- Dergi Adı: INTERNATIONAL JOURNAL OF ENERGY ECONOMICS AND POLICY
- Derginin Tarandığı İndeksler: Scopus
- Sayfa Sayıları: ss.20-29
- Açık Arşiv Koleksiyonu: AVESİS Açık Erişim Koleksiyonu
- Kayseri Üniversitesi Adresli: Hayır
Özet
In this study the aim was to investigate empirically the role of energy consumption in
economic growth for the Turkish economy. The data used include annual energy consumption and
economic growth series from 1960 to 2008. We used aggregate as well as various disaggregate data on
energy consumption, including, oil, electricity, coal and renewable energy. Our contribution is that we
take a structural breaks modeling approach in this paper. In the literature, the Kejriwal cointegration
test has not been applied to date. The main conclusion of the study was that Turkey’s energy
consumption and economic growth has a positive relationship varying quantity with structural breaks