Abstract
Bu çalışmada, enerji tüketimi ile ekonomik büyüme arasındaki ilişki Türkiye için 1965-2017 yılı verileri kullanılarak zaman ve frekans boyutunda nedensellik testleri yardımıyla incelenmiştir. Zaman boyutunda nedensellik ilişkisi Toda ve Yamamoto (1995) ve frekans boyutunda nedensellik ilişkisi Breitung ve Candelon (2006) nedensellik testleri ile araştırılmıştır. Çalışmada zaman ve frekans boyutunda nedensellik testlerine yer verilmesi ile hem ilişkinin yönünün belirlenmesi hem de kısa, orta ve uzun vadede ilişkinin yönünün değişip değişmediğini görmek amaçlanmıştır. Çalışmanın sonucunda elde edilen bulgular, zaman boyutunda herhangi bir nedensellik ilişkisinin olmadığını gösterirken, frekans boyutunda Türkiye için uzun vadede ilişkinin yönünün enerji tüketiminden ekonomik büyümeye doğru olduğunu savunan Büyüme Hipotezinin geçerli olduğu göstermektedir.
References
- Altinay, G. ve Karagol, E. (2005). Electricity consumption and economic growth: evidence from Turkey. Energy Economics, 27(6), 849-856.
- Apergis, N. ve Payne, J. E. (2009). CO2 emissions, energy usage, and output in central America. Energy Policy, 37(8), 3282-3286.
- Aydın, B. ve Bozdağ, A. (2018). Elektrik tüketimi ve ekonomik büyüme arasındaki ilişki: Avrupa Birliği ve Türkiye örneği, International Journal of Academic Value Studies, 18(4),70-80.
- Aydın, M. (2018). Enerji tüketimi ile ekonomik büyüme arasındaki ilişki: düşük ve orta gelirli ülkeler örneği. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 36(1), 1-15.
- Belke, A., Dobnik, F. ve Dreger, C. (2011). Energy consumption and economic growth: new insights into the cointegration relationship. Energy Economics, 33(5), 782-789.
- Bozoklu, S. ve Yilanci, V. (2013). Energy consumption and economic growth for selected oecd countries: further evidence from the granger causality test in the frequency domain. Energy Policy, 63, 877-881.
- Breitung, J. ve Candelon, B. (2006). Testing for short-and long-run causality: a frequency-domain approach. Journal of Econometrics, 132(2), 363-378.
- Ciner, C. (2011). Commodity prices and inflation: testing in the frequency domain. Research in International Business and Finance, 25(3), 229-237
- Çevik, E. İ., Atukeren, E. ve Korkmaz, T. (2019). Trade openness and economic growth in Turkey: a rolling frequency domain analysis. Economies, 7(2), 41.
- Erdal, G., Erdal, H. ve Esengün, K. (2008). The causality between energy consumption and economic growth in Turkey. Energy Policy, 36(10), 3838-3842.
- Ertuğrul, H. M. (2011). Türkiye’de elektrik tüketimi büyüme ilişkisi: dinamik analiz. Enerji, Piyasa ve Düzenleme, 2, 49-73.
- Geweke, J. (1982). Measurement of linear dependence and feedback between multiple time series. Journal of The American Statistical Association, 77(378), 304-313.
- Granger, C. W. (1969). Investigating causal relations by econometric models and cross-spectral methods. Econometrica: Journal of the Econometric Society, 424-438.
- Hosoya, Y., 1991. The decomposition and measurement of the interdependence between second-order stationary process. Probability Theory and Related Fields 88, 429–444.
- Jobert, T. ve Karanfil, F. (2007). Sectoral energy consumption by source and economic growth in Turkey. Energy Policy, 35(11), 5447-5456.
- Johansen, S. (1988). Statistical analysis of cointegration vectors. Journal of Economic Dynamics and Control, 12(2-3), 231-254.
- Kar, M. ve Kınık, E. (2008). Türkiye'de elektrik tüketimi çeşitleri ve ekonomik büyüme arasındaki ilişkinin ekonometrik bir analizi. Afyon Kocatepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 10(2), 333-353.
- Korkmaz, Ö. ve Develi, A. (2012). Türkiye’de birincil enerji kullanimi, üretimi ve Gayri Safi Yurt İçi Hasila (Gsyih) arasindaki ilişki. Dokuz Eylül Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 27(2).
- Lise, W. ve Van Montfort, K. (2007). Energy consumption and GDP in Turkey: Is there a co-integration relationship?. Energy Economics, 29(6), 1166-1178.
- Mucuk, M. ve Uysal, D. (2009). Türkiye ekonomisinde enerji tüketimi ve ekonomik büyüme. Maliye Dergisi, 157, 105-115.
- Ozturk, I. (2010). A literature survey on energy–growth nexus. Energy Policy, 38(1), 340-349.
- Ozturk, I. ve Acaravci, A. (2010). CO2 emissions, energy consumption and economic growth in Turkey. Renewable and Sustainable Energy Reviews, 14(9), 3220-3225.
- Özata, E. (2010). Türkiye'de enerji tüketimi ve ekonomik büyüme arasındaki ilişkilerin ekonometrik incelemesi. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, (26).
- Savaş, B. ve Durğun, B. (2016). Elektrik tüketimi ile ekonomik büyüme arasında nedensellik ilişkisi: Türkiye örneği. Dicle Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 6(11), 213-244.
- Soytas, U. ve Sari, R. (2003). Energy consumption and GDP: causality relationship in G-7 countries and emerging markets. Energy Economics, 25(1), 33-37.
- Soytas, U., Sari, R. ve Ozdemir, O. (2001). Energy consumption and GDP relation in Turkey: a cointegration and vector error correction analysis. Economies and Business in Transition: Facilitating Competitiveness and Change in the Global Environment Proceedings, 1, 838-844.
- Streimikiene, D. ve Kasperowicz, R. (2016). Review of economic growth and energy consumption: a panel cointegration analysis for EU countries. Renewable and Sustainable Energy Reviews, 59, 1545-1549.
- Şentürk, M. ve Edgardo, S. I. C. A. (2016). Economic growth and energy consumption in Turkey and Italy: a frequency domain causality analysis. Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 9(4), 107-119.
- Toda, H. Y. ve Yamamoto, T. (1995). Statistical inference in vector autoregressions with possibly integrated processes. Journal Of Econometrics, 66(1-2), 225-250.
- Yenilmez, F. ve Erdem, M. S. (2018). Türkiye ve Avrupa Birliği’nde ekonomik büyüme ile enerji tüketimi arasındaki ilişki: Toda-Yamamoto nedensellik testi. Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi, 19(1), 71-95.
Abstract
In this study, the relationship between energy consumption and economic growth using the data for the period 1965-2017 in Turkey were investigated using time and frequency domain causality test. The causality relationship in time domain was investigated with Toda and Yamamoto (1995) and causality relationship in frequency domain with Breitung and Candelon (2006) causality tests. It is aimed to determine the direction of the relationship and to see whether the direction of the relationship has changed in the sort, medium and long term with using the causality test in the time and frequency domain. The results of the study show that there is no causality relationship in the time domain, while the frequency domain shows that the growth hypothesis is valid which suggests that the direction of the relationship is from energy consumption to economic growth in the long term for Turkey.
References
- Altinay, G. ve Karagol, E. (2005). Electricity consumption and economic growth: evidence from Turkey. Energy Economics, 27(6), 849-856.
- Apergis, N. ve Payne, J. E. (2009). CO2 emissions, energy usage, and output in central America. Energy Policy, 37(8), 3282-3286.
- Aydın, B. ve Bozdağ, A. (2018). Elektrik tüketimi ve ekonomik büyüme arasındaki ilişki: Avrupa Birliği ve Türkiye örneği, International Journal of Academic Value Studies, 18(4),70-80.
- Aydın, M. (2018). Enerji tüketimi ile ekonomik büyüme arasındaki ilişki: düşük ve orta gelirli ülkeler örneği. Hacettepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 36(1), 1-15.
- Belke, A., Dobnik, F. ve Dreger, C. (2011). Energy consumption and economic growth: new insights into the cointegration relationship. Energy Economics, 33(5), 782-789.
- Bozoklu, S. ve Yilanci, V. (2013). Energy consumption and economic growth for selected oecd countries: further evidence from the granger causality test in the frequency domain. Energy Policy, 63, 877-881.
- Breitung, J. ve Candelon, B. (2006). Testing for short-and long-run causality: a frequency-domain approach. Journal of Econometrics, 132(2), 363-378.
- Ciner, C. (2011). Commodity prices and inflation: testing in the frequency domain. Research in International Business and Finance, 25(3), 229-237
- Çevik, E. İ., Atukeren, E. ve Korkmaz, T. (2019). Trade openness and economic growth in Turkey: a rolling frequency domain analysis. Economies, 7(2), 41.
- Erdal, G., Erdal, H. ve Esengün, K. (2008). The causality between energy consumption and economic growth in Turkey. Energy Policy, 36(10), 3838-3842.
- Ertuğrul, H. M. (2011). Türkiye’de elektrik tüketimi büyüme ilişkisi: dinamik analiz. Enerji, Piyasa ve Düzenleme, 2, 49-73.
- Geweke, J. (1982). Measurement of linear dependence and feedback between multiple time series. Journal of The American Statistical Association, 77(378), 304-313.
- Granger, C. W. (1969). Investigating causal relations by econometric models and cross-spectral methods. Econometrica: Journal of the Econometric Society, 424-438.
- Hosoya, Y., 1991. The decomposition and measurement of the interdependence between second-order stationary process. Probability Theory and Related Fields 88, 429–444.
- Jobert, T. ve Karanfil, F. (2007). Sectoral energy consumption by source and economic growth in Turkey. Energy Policy, 35(11), 5447-5456.
- Johansen, S. (1988). Statistical analysis of cointegration vectors. Journal of Economic Dynamics and Control, 12(2-3), 231-254.
- Kar, M. ve Kınık, E. (2008). Türkiye'de elektrik tüketimi çeşitleri ve ekonomik büyüme arasındaki ilişkinin ekonometrik bir analizi. Afyon Kocatepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 10(2), 333-353.
- Korkmaz, Ö. ve Develi, A. (2012). Türkiye’de birincil enerji kullanimi, üretimi ve Gayri Safi Yurt İçi Hasila (Gsyih) arasindaki ilişki. Dokuz Eylül Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 27(2).
- Lise, W. ve Van Montfort, K. (2007). Energy consumption and GDP in Turkey: Is there a co-integration relationship?. Energy Economics, 29(6), 1166-1178.
- Mucuk, M. ve Uysal, D. (2009). Türkiye ekonomisinde enerji tüketimi ve ekonomik büyüme. Maliye Dergisi, 157, 105-115.
- Ozturk, I. (2010). A literature survey on energy–growth nexus. Energy Policy, 38(1), 340-349.
- Ozturk, I. ve Acaravci, A. (2010). CO2 emissions, energy consumption and economic growth in Turkey. Renewable and Sustainable Energy Reviews, 14(9), 3220-3225.
- Özata, E. (2010). Türkiye'de enerji tüketimi ve ekonomik büyüme arasındaki ilişkilerin ekonometrik incelemesi. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi, (26).
- Savaş, B. ve Durğun, B. (2016). Elektrik tüketimi ile ekonomik büyüme arasında nedensellik ilişkisi: Türkiye örneği. Dicle Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 6(11), 213-244.
- Soytas, U. ve Sari, R. (2003). Energy consumption and GDP: causality relationship in G-7 countries and emerging markets. Energy Economics, 25(1), 33-37.
- Soytas, U., Sari, R. ve Ozdemir, O. (2001). Energy consumption and GDP relation in Turkey: a cointegration and vector error correction analysis. Economies and Business in Transition: Facilitating Competitiveness and Change in the Global Environment Proceedings, 1, 838-844.
- Streimikiene, D. ve Kasperowicz, R. (2016). Review of economic growth and energy consumption: a panel cointegration analysis for EU countries. Renewable and Sustainable Energy Reviews, 59, 1545-1549.
- Şentürk, M. ve Edgardo, S. I. C. A. (2016). Economic growth and energy consumption in Turkey and Italy: a frequency domain causality analysis. Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 9(4), 107-119.
- Toda, H. Y. ve Yamamoto, T. (1995). Statistical inference in vector autoregressions with possibly integrated processes. Journal Of Econometrics, 66(1-2), 225-250.
- Yenilmez, F. ve Erdem, M. S. (2018). Türkiye ve Avrupa Birliği’nde ekonomik büyüme ile enerji tüketimi arasındaki ilişki: Toda-Yamamoto nedensellik testi. Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi, 19(1), 71-95.
Details
| Primary Language | Turkish |
|---|---|
| Journal Section | Makaleler |
| Authors | |
| Publication Date | August 30, 2020 |
| Acceptance Date | May 26, 2020 |
| Published in Issue | Year 2020 Issue: 56 |
Cited By
THE RELATIONSHIP BETWEEN ELECTRICITY CONSUMPTION AND ECONOMIC GROWTH IN TURKEY WITH ARDL ANALYSING
Yönetim ve Ekonomi Araştırmaları Dergisi
https://doi.org/10.11611/yead.1404995
BİST SEKTÖR ENDEKSLERİNDE FİYAT VE İŞLEM HACMİ ARASINDAKİ İLİŞKİ: FREKANS ALANI NEDENSELLİK TESTİNDEN BULGULAR
Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
https://doi.org/10.18070/erciyesiibd.1260516
Petrol Fiyatlarındaki Artış Ekonomik Büyüme Üzerinde Etkili Mi? Türkiye Ekonomisi Üzerine Ampirik Bir Tahmin
Uluslararası Ekonomi ve Yenilik Dergisi
Sefa ÖZBEK
https://doi.org/10.20979/ueyd.910381
Milli Gelirin Kentleşme ve Enerji Tüketimi ile İlişkisi: Türkiye Örneği
İnsan ve Toplum Bilimleri Araştırmaları Dergisi
Mehmet ASLAN
https://doi.org/10.15869/itobiad.870549
Ethical Principles and Ethical Guidelines
The Journal of Erciyes University Faculty of Economics and Administrative Sciences places great emphasis on publication ethics, which serve as a foundation for the impartial and reputable advancement of scientific knowledge. In this context, the journal adopts a publishing approach aligned with the ethical standards set by the Committee on Publication Ethics (COPE) and is committed to preventing potential malpractice. The following ethical responsibilities, established based on COPE’s principles, are expected to be upheld by all stakeholders involved in the publication process (authors, readers and researchers, publishers, reviewers, and editors).
Ethical Responsibilities of Editors
Make decisions on submissions based on the quality and originality of the work, its alignment with the journal's aims and scope, and the reviewers’ evaluations, regardless of the authors' religion, language, race, ethnicity, political views, or gender.
Respond to information requests from readers, authors, and reviewers regarding the publication and evaluation processes.
Conduct all processes without compromising ethical standards and intellectual property rights.
Support freedom of thought and protect human and animal rights.
Ensure the peer review process adheres to the principle of double-blind peer review.
Take full responsibility for accepting, rejecting, or requesting changes to a manuscript and ensure that conflicts of interest among stakeholders do not influence these decisions.
Ethical Responsibilities of Authors
Submitted works must be original. When utilizing other works, proper and complete citations and/or references must be provided.
A manuscript must not be under review by another journal simultaneously.
Individuals who have not contributed to the experimental design, implementation, data analysis, or interpretation should not be listed as authors.
If requested during the review process, datasets used in the manuscript must be provided to the editorial board.
If a significant error or mistake is discovered in the manuscript, the journal’s editorial office must be notified.
For studies requiring ethical committee approval, the relevant document must be submitted to the journal. Details regarding the ethical approval (name of the ethics committee, approval document number, and date) must be included in the manuscript.
Changes to authorship (e.g., adding or removing authors, altering the order of authors) cannot be proposed after the review process has commenced.
Ethical Responsibilities of Reviewers
Accept review assignments only in areas where they have sufficient expertise.
Agree to review manuscripts in a timely and unbiased manner.
Ensure confidentiality of the reviewed manuscript and not disclose any information about it, during or after the review process, beyond what is already published.
Refrain from using information obtained during the review process for personal or third-party benefit.
Notify the journal editor if plagiarism or other ethical violations are suspected in the manuscript.
Conduct reviews objectively and avoid conflicts of interest. If a conflict exists, the reviewer should decline the review.
Use polite and constructive language during the review process and avoid personal comments.
Publication Policy
The Journal of Erciyes University Faculty of Economics and Administrative Sciences is a free, open-access, peer-reviewed academic journal that has been in publication since 1981. The journal welcomes submissions in Turkish and English within the fields of economics, business administration, public finance, political science, public administration, and international relations.
No submission or publication fees are charged by the journal.
Every submitted manuscript undergoes a double-blind peer review process and similarity/plagiarism checks via iThenticate.
Submissions must be original and not previously published, accepted for publication, or under review elsewhere.
Articles published in the journal can be cited under the Open Access Policy and Creative Commons license, provided proper attribution is given.
The journal is published three times a year, in April, August, and December. It includes original, high-quality, and scientifically supported research articles and reviews in its listed fields. Academic studies unrelated to these disciplines or their theoretical and empirical foundations are not accepted. The journal's languages are Turkish and English.
Submissions are first subject to a preliminary review for format and content. Manuscripts not meeting the journal's standards are rejected by the editorial board. Manuscripts deemed suitable proceed to the peer review stage.
Each submission is sent to at least two expert reviewers. If both reviews are favorable, the article is approved for publication. In cases where one review is positive and the other negative, the editorial board decides based on the reviews or may send the manuscript to a third reviewer.
Articles published in the journal are open access and can be cited under the Creative Commons license, provided proper attribution is made.