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Journals / Çankırı Karatekin Üniversitesi Sosyal Bilimler Enstitüsü Dergisi / 2012 / Cilt: 3 - Sayı: 2

Causality Relationship between Economic Growth and Energy Consumption in Turkey: 1970-2010

Türkiye’de Büyüme ve Enerji Tüketimi Arasındaki Nedensellik İlişkisi: 1970-2010

Meral UZUNÖZ
Yaşar AKÇAY
Pages
1–16
Publication Date
2012-12-01
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The results of granger causality showed that there was unidirectional causality from economic growth to energy consumption in Turkish economy.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In the study, the long-run and causal relationship between Gross Domestic Product (GDP) and Energy Consumption (EC) in Turkey was investigated for the 1970-2010 period.
📊
Key Findings & Data:To examine causality relation between EC and GNP, unit root tests, such as the Augmented Dickey–Fuller (ADF) and the Philips–Perron (PP), Johansen co- integration test and Pair-wise Granger causality test was used.
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Conclusion & Impact:The results of granger causality showed that there was unidirectional causality from economic growth to energy consumption in Turkish economy.
🔬Design:Research Article
📍Scope:2010 Verileri
⚙️Variables:Energy Consumption · Economic Growth · Co-integration

Abstract

In the study, the long-run and causal relationship between Gross Domestic Product (GDP) and Energy Consumption (EC) in Turkey was investigated for the 1970-2010 period. To examine causality relation between EC and GNP, unit root tests, such as the Augmented Dickey–Fuller (ADF) and the Philips–Perron (PP), Johansen co- integration test and Pair-wise Granger causality test was used. The results of ADF test showed that the null hypothesis of non-stationary cannot be rejected for the levels of the variables However, it is taken the first differences; the null hypothesis of non-stationary is rejected. Empirical results of Johansen co-integration test suggested an evidence of a co-integration and long-run relationship between GDP and EC. Granger causality test was applied to the first difference of data. The results of granger causality showed that there was unidirectional causality from economic growth to energy consumption in Turkish economy.

Özet

Bu çalışmada, Türkiye’nin birincil enerji tüketimi ile GSYİH arasındaki uzun dönem nedensellik ilişkisi 1970–2010 yılları dikkate alınarak incelenmiştir. Bu değişkenler arasındaki nedenselliği test etmek için Genişletilmiş Dickey Füller (GDF) ve Philips–Perron (PP) birim kök testi, Johansen Eşbütünleşme testi ve Granger Nedensellik testi kullanılmıştır. ADF test sonuçları GSYİH (Gayrisafi Yurtiçi Hasıla) ve ET (Enerji Tüketimi) serilerinin düzeyde durağan olmadığını ancak birinci farklarının durağan olduğunu göstermiştir. Johansen eşbütünleşme testi sonucunda ekonomik büyüme ile enerji tüketimi arasında bir eşbütünleşme olduğu ve bu değişkenler arasında uzun dönemli bir ilişkinin varlığı belirlenmiştir. Granger nedensellik analizi serilerin durağan halleriyle yapılmıştır. Granger nedensellik analizi sonuçlarına göre GSYİH’dan enerji tüketimine doğru tek yönlü nedensellik ilişkisi tespit edilmiştir.

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Cite This Article

UZUNÖZ, M., AKÇAY, Y. (2012). Causality Relationship between Economic Growth and Energy Consumption in Turkey: 1970-2010. Çankırı Karatekin Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, Cilt: 3 - Sayı: 2, 1–16. https://ajindex.com/articles/128236

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