EconPapers    
Economics at your fingertips  
 

Coal Consumption and Economic Growth in Turkey

Oğuz Öcal (), Ilhan Ozturk () and Alper Aslan ()

International Journal of Energy Economics and Policy, 2013, vol. 3, issue 2, 193-198

Abstract: This aim of this paper is to use asymmetric causality tests to examine the coal consumption and Gross Domestic Product (GDP) relationship in Turkey based on data from 1980 to 2006. To investigate this relationship, a multivariate system is employed by including fixed capital formation and labor force variables into the model. The empirical results obtained from asymmetric causality tests show no causality for coal consumption and GDP relationship in Turkey. The results indicate that coal consumption does not affect growth; hence, energy conservation policies may be pursued without adversely affecting growth in Turkey. Thus, neutrality hypothesis is confirmed for Turkey. This means that a decrease in coal consumption does not affect economic growth and vice versa. In this case, policymakers should explore the feasibility of either decreasing the coal consumption or increasing the efficiency of coal consumption.

Keywords: Economic growth; coal consumption; asymmetric causality; Turkey (search for similar items in EconPapers)
JEL-codes: O Q43 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (15) Track citations by RSS feed

Downloads: (external link)
http://www.econjournals.com/index.php/ijeep/article/download/468/266 (application/pdf)
http://www.econjournals.com/index.php/ijeep/article/view/468/266 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2013-02-9

Access Statistics for this article

International Journal of Energy Economics and Policy is currently edited by Ilhan Ozturk

More articles in International Journal of Energy Economics and Policy from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().

 
Page updated 2018-10-22
Handle: RePEc:eco:journ2:2013-02-9