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Journals / Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi / 2012 / Cilt: 13 - Sayı: 2

Causality Between Electricity Consumption and Economic Growth: An Econometric Analysis on Turkey

ELEKTRİK TÜKETİMİ İLE EKONOMİK BÜYÜME ARASINDAKİ NEDENSELLİK: TÜRKİYE ÜZERİNE EKONOMETRİK BİR ANALİZ

Sevda YAPRAKLI
Z. Çağlar YURTTANÇIKMAZ
Pages
195–215
Publication Date
2022-10-11
DOI
—
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AI Summary & Key Takeaways

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

The analysis results indicate that there is bi-directional causality between electiricity consumption and economic growth in Turkey.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The purpose of this paper is to investigate causality between electricity consumption and economic growth in Turkey.
📊
Key Findings & Data:For this purpose, the relationships between electricity consumption and economic growth are analyzed econometrically by employing cointegration and error correction-augmented Granger causality test tecniques for the period of 1970-2010.
💡
Conclusion & Impact:The analysis results indicate that there is bi-directional causality between electiricity consumption and economic growth in Turkey.
🔬Design:Research Article
📍Scope:2010 Verileri
⚙️Variables:Domain Parameters

Abstract

The purpose of this paper is to investigate causality between electricity consumption and economic growth in Turkey. For this purpose, the relationships between electricity consumption and economic growth are analyzed econometrically by employing cointegration and error correction-augmented Granger causality test tecniques for the period of 1970-2010. The analysis results indicate that there is bi-directional causality between electiricity consumption and economic growth in Turkey. As a result, analyses of this study point-out that in order to sustain economic growth of Turkey it is necessary for economic and energy policies to be compatible with each other and it is needed to apply policies directed to increase energy supply.

Özet

Bu çalışmanın amacı, Türkiye‟de elektrik tüketimi ile ekonomik büyüme arasındaki nedenselliği incelemektir. Bu amaçla 1970-2010 dönemi için, toplam elektrik tüketimi ile ekonomik büyüme arasındaki ilişkiler, eş-bütünleşme ve hata düzeltme-geliştirilmiş Granger nedensellik test teknikleri kullanılarak ekonometrik açıdan incelenmektedir. Analiz sonuçları, Türkiye‟de elektrik tüketimi ile ekonomik büyüme arasında iki yönlü nedenselliğin bulunduğunu göstermektedir. Sonuç olarak bu çalışmada yapılan analizler, Türkiye‟de ekonomik büyümenin sürdürülebilmesi için ekonomi ve enerji politikalarının birbiriyle uyumlu olmasının ve enerji arzını artırmaya yönelik politikalar uygulanmasının gerekli olduğuna işaret etmektedir.

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Cite This Article

YAPRAKLI, S., YURTTANÇIKMAZ, Z. Ç. (2022). Causality Between Electricity Consumption and Economic Growth: An Econometric Analysis on Turkey. Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi, Cilt: 13 - Sayı: 2, 195–215. https://ajindex.com/articles/480839

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