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Journals / Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2020 / Cilt: 0 - Sayı: 56

ENERGY CONSUMPTION-ECONOMIC GROWTH NEXUS: CAUSALITY APPROACH IN FREQUENCY DOMAIN FOR TURKEY

ENERJİ TÜKETİMİ- EKONOMİK BÜYÜME İLİŞKİSİ: TÜRKİYE İÇİN FREKANS ALANINDA NEDENSELLİK YAKLAŞIMI

Mehmet AYDIN
Pages
83–96
Publication Date
2022-10-18
DOI
—
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AI Summary & Key Takeaways

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

The results of the study show that there is no causality relationship in the time domain, while the frequency domain shows that the growth hypothesisisvalidwhichsuggeststhatthedirectionoftherelationshipisfromenergy consumption to economic growth in the long term for Turkey.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:In this study, the relationship between energy consumption and economic growth using the data for the period 1965-2017 in Turkey were investigated using time and frequency domain causalitytest.Thecausality relationshipintimedomainwasinvestigatedwithTodaand Yamamoto (1995) and causality relationship in frequency domain with Breitung and Candelon (2006) causality tests.
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Key Findings & Data:It is aimed to determine the direction of the relationship and to see whether the direction of the relationship has changed in the sort, medium and long term with using the causality test in the time and frequency domain.
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Conclusion & Impact:The results of the study show that there is no causality relationship in the time domain, while the frequency domain shows that the growth hypothesisisvalidwhichsuggeststhatthedirectionoftherelationshipisfromenergy consumption to economic growth in the long term for Turkey.
🔬Design:Research Article
📍Scope:2017 Verileri
⚙️Variables:Domain Parameters

Abstract

In this study, the relationship between energy consumption and economic growth using the data for the period 1965-2017 in Turkey were investigated using time and frequency domain causalitytest.Thecausality relationshipintimedomainwasinvestigatedwithTodaand Yamamoto (1995) and causality relationship in frequency domain with Breitung and Candelon (2006) causality tests. It is aimed to determine the direction of the relationship and to see whether the direction of the relationship has changed in the sort, medium and long term with using the causality test in the time and frequency domain. The results of the study show that there is no causality relationship in the time domain, while the frequency domain shows that the growth hypothesisisvalidwhichsuggeststhatthedirectionoftherelationshipisfromenergy consumption to economic growth in the long term for Turkey.

Özet

Bu çalışmada, enerji tüketimi ile ekonomik büyüme arasındaki ilişki Türkiye için 1965-2017 yılı verileri kullanılarak zaman ve frekans boyutunda nedensellik testleri yardımıyla incelenmiştir. Zaman boyutunda nedensellik ilişkisi Toda ve Yamamoto (1995) ve frekans boyutunda nedensellik ilişkisi Breitung ve Candelon (2006) nedensellik testleri ile araştırılmıştır. Çalışmada zaman ve frekans boyutunda nedensellik testlerine yer verilmesi ile hem ilişkinin yönünün belirlenmesi hem de kısa, orta ve uzun vadede ilişkinin yönünün değişip değişmediğini görmek amaçlanmıştır. Çalışmanın sonucunda elde edilen bulgular, zaman boyutunda herhangi bir nedensellik ilişkisinin olmadığınıgösterirken,frekans boyutunda Türkiye için uzun vadede ilişkinin yönünün enerji tüketiminden ekonomik büyümeye doğru olduğunu savunan Büyüme Hipotezinin geçerli olduğu göstermektedir.

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Cite This Article

AYDIN, M. (2022). ENERGY CONSUMPTION-ECONOMIC GROWTH NEXUS: CAUSALITY APPROACH IN FREQUENCY DOMAIN FOR TURKEY. Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Cilt: 0 - Sayı: 56, 83–96. https://ajindex.com/articles/503419

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