ISSN 1300-1868
 

Original Research (Original Article) 


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

FUNDA YURDAKUL.

Abstract
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



Kişi Başına Enerji Tüketimi ile Büyüme Oranı Arasındaki İlişki: Türkiye Örneği

Ozet
Bu çalışmada, Türkiye Ekonomisi’nin 1980-2015 yılları arasındaki kişi başına enerji tüketimindeki değişim ile büyüme oranı arasındaki ilişki Engle-Granger, Tam Düzeltilmiş EKK (FMOLS), Kanonik Koentegrasyon Regresyonu (CCR), Dinamik En Küçük Kareler (DOLS) ve Gregory-Hansen yöntemleri kullanılarak incelenmiştir. Analiz sonuçlarına göre, kişi başına enerji tüketimindeki değişim ile büyüme oranı arasında uzun dönem denge ilişkisi bulunmuştur. Engle-Granger, Gregory-Hansen, FMOLS, CCR ve DOLS yöntemlerinin tahmin sonuçları birbirine yakındır.

Anahtar Kelimeler: Anahtar Kelimeler: Enerji Tüketimi, Engle-Granger, Gregory-Hansen, Tam Düzeltilmiş EKK (FMOLS), Kanonik Koentegrasyon Regresyonu (CCR), Dinamik En Küçük Kareler (DOLS) yöntemleri. JEL Kodları: C32, O4, Q43


 
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How to Cite this Article
Pubmed Style

FUNDA YURDAKUL. [The Relationship between Energy Consumption per Capita and Growth Rate: The Case of Turkey]. Ekonomik Yaklasim. 2018; 29(107): 49-76. Turkish. doi:10.5455/ey.39112


Web Style

FUNDA YURDAKUL. [The Relationship between Energy Consumption per Capita and Growth Rate: The Case of Turkey]. http://www.ekonomikyaklasim.org/?mno=272643 [Access: July 20, 2019]. Turkish. doi:10.5455/ey.39112


AMA (American Medical Association) Style

FUNDA YURDAKUL. [The Relationship between Energy Consumption per Capita and Growth Rate: The Case of Turkey]. Ekonomik Yaklasim. 2018; 29(107): 49-76. Turkish. doi:10.5455/ey.39112



Vancouver/ICMJE Style

FUNDA YURDAKUL. [The Relationship between Energy Consumption per Capita and Growth Rate: The Case of Turkey]. Ekonomik Yaklasim. (2018), [cited July 20, 2019]; 29(107): 49-76. Turkish. doi:10.5455/ey.39112



Harvard Style

FUNDA YURDAKUL (2018) [The Relationship between Energy Consumption per Capita and Growth Rate: The Case of Turkey]. Ekonomik Yaklasim, 29 (107), 49-76. Turkish. doi:10.5455/ey.39112



Turabian Style

FUNDA YURDAKUL. 2018. [The Relationship between Energy Consumption per Capita and Growth Rate: The Case of Turkey]. Ekonomik Yaklasim, 29 (107), 49-76. Turkish. doi:10.5455/ey.39112



Chicago Style

FUNDA YURDAKUL. "[The Relationship between Energy Consumption per Capita and Growth Rate: The Case of Turkey]." Ekonomik Yaklasim 29 (2018), 49-76. Turkish. doi:10.5455/ey.39112



MLA (The Modern Language Association) Style

FUNDA YURDAKUL. "[The Relationship between Energy Consumption per Capita and Growth Rate: The Case of Turkey]." Ekonomik Yaklasim 29.107 (2018), 49-76. Print.Turkish. doi:10.5455/ey.39112



APA (American Psychological Association) Style

FUNDA YURDAKUL (2018) [The Relationship between Energy Consumption per Capita and Growth Rate: The Case of Turkey]. Ekonomik Yaklasim, 29 (107), 49-76. Turkish. doi:10.5455/ey.39112