TÜRKİYE’DE ENERJİ TÜKETİMİ VE EKONOMİK BÜYÜME: GRANGER NEDENSELLİK YAKLAŞIMI
ENERGY CONSUMPTON AND ECONOMIC GROWTH IN TURKEY: GRANGER CAUSALITY APPROACH

Summary/Abstract: Energy has become an important and compulsory input of production and consumption activity after the industrialization revolution. It is also the main source of energy growth, which is the determinant of growth for the economies of the country. In this context, the relationship between economic growth, energy consumption and carbon emissions for both developed and developing economies has become a subject of considerable attention and studied extremely. In this study, the economic growth, the relationship between energy consumption and carbon emissions has been studied for Turkey. The data set is obtained annually and covers the period of 1961-2014. In order to adapt the data to the analysis, firstly ADF and PP tests were performed from the stationarity tests applied in time series. Then, cointegration analysis was performed among the variables. VEC model was established as a result of cointegration. Then Granger causality analysis was conducted. As a result of the analysis, it was concluded that there is a unidirectional causality towards per capita energy consumption from GDP per capita. In addition, according to the results of the analysis, it was concluded that there is a unidirectional causality towards per capita carbon emission from energy use per capita.

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