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84
İndirme
28
In this study, the relationship between economic growth and energy consumption in Turkey is examined by unit roots and cointegration tests taking structural breaks for the period 1980-2013. In order to investigate the direction and magnitude of the relationship between the variables involved, the Gregory-Hansen cointegration and error correction model and DOLS, FMOLS and CCR analyzes to estimate long term coefficients are used. As a result of the analysis, a long-term positive and statistically significant relationship is found between energy consumption and economic growth. In addition, error term coefficient which is negative and statistically significant indicates that short-term disequilibrium between the variables has remained in the long run.
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Uluslararası
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