Structural breaks,electricity consumption and economic growth:Evidence from turkey

dc.authorscopusid25960674700
dc.contributor.authorAcaravci, Ali
dc.date.accessioned2024-09-19T15:45:27Z
dc.date.available2024-09-19T15:45:27Z
dc.date.issued2010
dc.departmentHatay Mustafa Kemal Üniversitesien_US
dc.description.abstractThis paper investigates the short-run and long-run causality issues between electricity consumption and economic growth in Turkey by using the co-integration and vector error-correction models with structural breaks. It employs annual data covering the period 1968-2005. The study also explores the causal relationship between these variables in terms of the three error-correction based Granger causality models. The empirical results are as follows: i) Both variables are nonstationary in levels and stationary in the first differences with/without structural breaks, ii) there exists a long-run relationship between variables, iii) there is unidirectional causality running from the electricity consumption to economic growth. The overall results indicate that "growth hypothesis" for electricity consumption and growth nexus holds in Turkey. Thus, energy conservation policies, such as rationing electricity consumption, may harm economic growth in Turkey.en_US
dc.identifier.endpage154en_US
dc.identifier.issn1582-6163
dc.identifier.issue2en_US
dc.identifier.scopus2-s2.0-77956791431en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.startpage140en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12483/14697
dc.identifier.volume13en_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.relation.ispartofRomanian Journal of Economic Forecastingen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectCausalityen_US
dc.subjectCointe-grationen_US
dc.subjectEconomic growthen_US
dc.subjectElectricity consumptionen_US
dc.subjectStructural breaksen_US
dc.titleStructural breaks,electricity consumption and economic growth:Evidence from turkeyen_US
dc.typeArticleen_US

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