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Journals / Balıkesir Üniversitesi Sosyal Bilimler Enstitüsü Dergisi / 2016 / İİBF 10. Yıl Özel Sayı

The Analysis of Electricity Consumption and Economic Growth Relationship in Turkey with Bounds Testing Method: 1960-2012 Period

TÜRKİYE’DE ELEKTRİK TÜKETİMİ VE EKONOMİK BÜYÜME İLİŞKİSİNİN SINIR TESTİ YAKLAŞIMIYLA ANALİZİ: 1960-2012 DÖNEMİ

Bedriye TUNÇSİPER
Pages
625–646
Publication Date
2016-12-15
DOI
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AI Summary & Key Takeaways

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

The results have also parallel results with previous studies in the literature and indicate that bidirectional causality between electricity consumption and economic growth.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The aim of this study is to investigate the relationship between electricity consumption and economic growth in Turkey.
📊
Key Findings & Data:In the study that is used annual data for 1960-2012 period, the relationship between two series is investigated ARDL (Autoregressive Distributes Lag) Bounds Testing method and is showed that there is cointegration between two series.
💡
Conclusion & Impact:The results have also parallel results with previous studies in the literature and indicate that bidirectional causality between electricity consumption and economic growth.
🔬Design:Research Article
📍Scope:2012 Verileri
⚙️Variables:Elektrik Tüketimi · Ekonomik Büyüme · ARDL Sınır Testi

Abstract

The aim of this study is to investigate the relationship between electricity consumption and economic growth in Turkey. In the study that is used annual data for 1960-2012 period, the relationship between two series is investigated ARDL (Autoregressive Distributes Lag) Bounds Testing method and is showed that there is cointegration between two series. It’s made use of Granger Causality Test for determining the side of relationship between cointegrated series. The results have also parallel results with previous studies in the literature and indicate that bidirectional causality between electricity consumption and economic growth.

Özet

Bu çalışmanın amacı, Türkiye’de Elektrik Tüketimi ve Ekonomik Büyüme ilişkisini incelemektir. 1960-2012 dönemini kapsayan yıllık verilerin kullanıldığı çalışmada, iki değişken arasındaki ilişki ARDL (Autoregressive Distributes Lag) Sınır Testi yaklaşımıyla incelenmiş ve değişkenler arasında eşbütünleşme ilişkisinin bulunduğu görülmüştür. Eşbütünleşme ilişkisi bulunan seriler arasındaki ilişkinin yönünü belirlemek amacıyla Granger Nedensellik testinden yararlanılmıştır. Elde edilen bulgular literatürdeki çalışmalarla da paralellik göstermekte olup, elektrik tüketimi ve ekonomik büyüme arasında iki yönlü bir nedenselliğe işaret etmektedir

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Cite This Article

TUNÇSİPER, B. (2016). The Analysis of Electricity Consumption and Economic Growth Relationship in Turkey with Bounds Testing Method: 1960-2012 Period. Balıkesir Üniversitesi Sosyal Bilimler Enstitüsü Dergisi, İİBF 10. Yıl Özel Sayı, 625–646. https://ajindex.com/articles/57442

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