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Original Article

Ekonomik Yaklasim. 2018; 29(107): 49-76


The Relationship between Energy Consumption per Capita and Growth Rate: The Case of Turkey

FUNDA YURDAKUL.




Abstract
Cited by 13 Articles

This study analyses the relationship between growth rate and the change in energy consumption per capita within the context of Turkish economy during the 1980-2015 period drawing upon the Engle-Granger, Fully Modified Ordinary Least Squares (FMOLS), Canonical Cointegrating Regression (CCR), Dynamic Ordinary Least Squares (DOLS) and Gregory-Hansen. The study results revealed a long-term equilibrium relationship between growth rate and the change in energy consumption per capita. The Engle-Granger, Gregory-Hansen, FMOLS, CCR and DOLS methods all yielded similar estimation results.

Key words: Keywords: Energy consumption, Engle-Granger, Gregory-Hansen, Fully Modified Ordinary Least Squares (FMOLS), Canonical Cointegrating Regression (CCR), Dynamic Ordinary Least Squares(DOLS) methods. JEL Classification: C32, O4, Q43

Article Language: EnglishTurkish






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