Electricity consumption and economic growth nexus: A multivariate analysis for Turkey

dc.contributor.authorAcaravci, Ali
dc.contributor.authorOzturk, Ilhan
dc.date.accessioned2025-03-07T20:00:25Z
dc.date.available2025-03-07T20:00:25Z
dc.date.issued2012
dc.departmentÇağ Üniversitesi
dc.description.abstractThis study examines the short-run and long-run causality issues between electricity consumption and economic growth in Turkey for 1968-2006 period by using Granger causality models augmented with a lagged error-correction term. The bounds F-test for cointegration test yields evidence of a long-run relationship between employment ratio, electricity consumption per capita and real GDP per capita. The overall results from the three error-correction based Granger causality models show that there is an evidence of unidirectional short-run, long-run and strong causalities running from the electricity consumption per capita to real GDP per capita. But, there is no causal evidence from the real GDP per capita to electricity consumption per capita. In other words, "Growth hypothesis" is confirmed in Turkey. This suggests that electricity consumption plays an important role in economic growth. © 2011, Editura Cefin.
dc.identifier.endpage257
dc.identifier.issn1582-9146
dc.identifier.issue31
dc.identifier.scopus2-s2.0-84880331708
dc.identifier.scopusqualityQ1
dc.identifier.startpage246
dc.identifier.urihttps://hdl.handle.net/20.500.12507/2561
dc.identifier.volume14
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherEditura ASE Bucuresti
dc.relation.ispartofAmfiteatru Economic
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_20241226
dc.subjectCausality
dc.subjectEconomic growth
dc.subjectElectricity consumption
dc.titleElectricity consumption and economic growth nexus: A multivariate analysis for Turkey
dc.typeArticle

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