Energy Consumption and Unemployment Nexus in Turkey

Year 2017, Volume: 13 Issue: 2, 21 - 31, 30.10.2017

Furkan Beşel

Abstract

This study investigates the relationship between energy consumption and
unemployment in Turkey over the period from 1980 to 2015 by utilizing
the Gregory-Hansen cointegration test and Toda-Yamamoto causality test.
The Gregory-Hansen cointegration test results show that there is a
cointegration relationship between the variables in the long run.
According to Toda-Yamamoto causality test results, there is
unidirectional causality relationship between variables from energy
consumption to unemployment rates. Therefore, it is concluded that
changes in energy consumption affects unemployment rates. It should be
taken into consideration that energy consumption has effect on
unemployment rates by policy makers.

Keywords

Energy Consumption and Unemployment Nexus in Turkey

References

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