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Journals / Erciyes Akademi / 2021 / Cilt: 35 - Sayı: 1

Financial development and energy consumption relationship analysis with asymmetric and rolling window causality tests in Turkey economy

Türkiye ekonomisinde finansal gelişme ve enerji tüketimi ilişkisinin asimetrik ve kayan pencere nedensellik testleri ile analizi

Esma GÜLTEKİN TARLA
Tayfur BAYAT
Pages
34–43
Publication Date
2021-03-31
DOI
—
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AI Summary & Key Takeaways

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

As stated in the rolling window causality test results, there is causality from energy consumption to financial development in 2000-2005 and 2015, and from financial development to energy consumption only in 2014.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study, tried to be analyzed the relationship between financial development and energy consumption, which are among the basic dynamics of growth.
📊
Key Findings & Data:In the period from 1980 to 2015 for Turkey's economy Hatemi J-Roca (2014) asymmetric causality test and Balcılar et al. (2010) rolling window causality test was applied.
💡
Conclusion & Impact:As stated in the rolling window causality test results, there is causality from energy consumption to financial development in 2000-2005 and 2015, and from financial development to energy consumption only in 2014.
🔬Design:Research Article
📍Scope:2015 Verileri
⚙️Variables:Finansal gelişme · enerji tüketimi · nedensellik

Abstract

This study, tried to be analyzed the relationship between financial development and energy consumption, which are among the basic dynamics of growth. In the period from 1980 to 2015 for Turkey's economy Hatemi J-Roca (2014) asymmetric causality test and Balcılar et al. (2010) rolling window causality test was applied. According to the asymmetric causality test results increase in energy consumption causes a decrease in financial development. As stated in the rolling window causality test results, there is causality from energy consumption to financial development in 2000-2005 and 2015, and from financial development to energy consumption only in 2014.

Özet

Bu çalışmada büyümenin temel dinamikleri arasında sayılan finansal gelişme ve enerji tüketimi arasındaki ilişki Türkiye ekonomisi için 1980-2015 dönemi aralığında Hatemi J-Roca (2014) asimetrik nedensellik testi ve Balcılar vd. (2010) kayan pencere nedensellik testi aracılığıyla analiz edilmeye çalışılmıştır. Asimetrik nedensellik testi sonuçlarına göre enerji tüketiminin artması finansal gelişmenin azalmasına neden olmaktadır. Kayan pencere nedensellik testi sonuçlarına göre ise, enerji tüketiminden finansal gelişmeye 2000 - 2005 yıllarında ve 2015 yılında, finansal gelişmeden ise enerji tüketimine doğru ise yalnızca 2014 yılında nedensellik bulunmaktadır.

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Cite This Article

TARLA, E. G., BAYAT, T. (2021). Financial development and energy consumption relationship analysis with asymmetric and rolling window causality tests in Turkey economy. Erciyes Akademi, Cilt: 35 - Sayı: 1, 34–43. https://ajindex.com/articles/132402

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