Effects of Sectoral Energy Consumption on Economic Growth: The Case of Turkey (1972-2015) Cover Image

Ana Sektörlerin Enerji Tüketimlerinin Ekonomik Büyüme Üzerine Etkisi: Türkiye Örneği (1972-2015)
Effects of Sectoral Energy Consumption on Economic Growth: The Case of Turkey (1972-2015)

Author(s): Tuba Hanifi, Aysun Eser Ozen
Subject(s): Economy, Energy and Environmental Studies
Published by: Adem Anbar
Keywords: Energy Consumption; Economic Growth; Sectors; Causality; Turkey;

Summary/Abstract: The aim of this study is to analyse the impact of energy consumption on economic growth in the basis of main sectors, between the years 1972-2015 in Turkey. The dependency between variables was tested by the method of Horizontal Cross Section (CD test), then the causality between energy consumption and Gross Domestic Product was analysed by using the heterogeneous panel test developed by Dumitrescu and Hurlin. Unidirectional causality from growth to energy consumption was found for Turkey. In terms of the main sectors, unidirectional causality from growth to energy consumption in the agricultural sector and bi-directional causality between growth and energy consumption in the services sector was found. In terms of the industrial sector, no causality was found.

  • Issue Year: 9/2018
  • Issue No: 3
  • Page Range: 499-512
  • Page Count: 14
  • Language: Turkish
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