Türkiye’nin sürdürülebilir ekonomik büyümesinde tarim, kentleşme ve yenilenebilir enerjinin etkisi: ARDL sinir testi yaklaşimi
The Impact of Agriculture, Urbanization and Renewable Energy on Sustainable Economic Growth in Turkey: ARDL Bounds Testing Approach

Summary/Abstract: This paper aim to investigate the effects of agriculture, urbanization and renewable energy consumption on economic growth with ARDL bounds test for Turkey over the period 1990-2016. According to the ARDL boundary test results; the existence of a cointegration relationship between agriculture, urbanization and renewable energy consumption with economic growth was revealed. Cointegration findings indicate that agriculture, urbanization and renewable energy consumption have a positive effect on economic growth in the long run. In addition, the error correction model (ECM) was used to examine the temporal dynamic relationships among the series. As a result of ECM analysis, The coefficient of error correction term was found to negative and statistically significant at 1% significance level. The fact that the error correction term has a negative and significant coefficient shows that the short term fluctuations in the series converge to the long-term equilibrium level.

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