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Journals / Business and Economics Research Journal / 2018 / Cilt: 9 - Sayı: 3

Effects of Sectoral Energy Consumption on Economic Growth: The Case of Turkey (1972-2015)

Ana Sektörlerin Enerji Tüketimlerinin Ekonomik Büyüme Üzerine Etkisi: Türkiye Örneği (1972-2015)

Tuba HANİFİ
Aysun Eser OZEN
Pages
499–512
DOI
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AI Summary & Key Takeaways

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

In terms of the industrial sector, no causality was found.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The aim of this study is to analyse the impact of energy consumption on economic growth in the basis of main sectors, between the years 1972-2015 in Turkey.
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Key Findings & Data:The dependency between variables was tested by the method of Horizontal Cross Section (CD test), then the causality between energy consumption and Gross Domestic Product was analysed by using the heterogeneous panel test developed by Dumitrescu and Hurlin.
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Conclusion & Impact:In terms of the industrial sector, no causality was found.
🔬Design:Research Article
📍Scope:2015 Verileri
⚙️Variables:Domain Parameters

Abstract

The aim of this study is to analyse the impact of energy consumption on economic growth in the basis of main sectors, between the years 1972-2015 in Turkey. The dependency between variables was tested by the method of Horizontal Cross Section (CD test), then the causality between energy consumption and Gross Domestic Product was analysed by using the heterogeneous panel test developed by Dumitrescu and Hurlin. Unidirectional causality from growth to energy consumption was found for Turkey. In terms of the main sectors, unidirectional causality from growth to energy consumption in the agricultural sector and bi-directional causality between growth and energy consumption in the services sector was found. In terms of the industrial sector, no causality was found.

Özet

Bu çalışmanın amacı, 1972-2015 yılları arasında Türkiye’de enerji tüketimininekonomik büyüme üzerine etkisinin ana sektörler bazında analiz edilmesidir. Çalışmadailk önce değişkenler arasındaki bağımlılık ilişkisi Yatay Kesit Bağımlılığı (CD test)yöntemiyle test edilmiş, daha sonra enerji tüketimi ve Gayrisafi Yurtiçi Hâsıla arasındakinedensellik ilişkisi Dumitrescu ve Hurlin tarafından geliştirilen heterojen panel testiyleanaliz edilmiştir. Buna göre Türkiye’de büyümeden enerji tüketimine doğru tek yönlü birnedensellik ilişkisi bulunmuştur. Ana sektörler açısından ise, tarım sektöründebüyümeden enerji tüketimine doğru tek yönlü, hizmetler sektöründe büyüme ve enerjitüketimi arasında çift yönlü nedensellik ilişkisi bulunmuştur. Sanayi sektörü açısından iseherhangi bir nedensellik bağı bulunamamıştır.

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Cite This Article

HANİFİ, T., OZEN, A. E. (2018). Effects of Sectoral Energy Consumption on Economic Growth: The Case of Turkey (1972-2015). Business and Economics Research Journal, Cilt: 9 - Sayı: 3, 499–512. https://ajindex.com/articles/352160

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