Analyzing the Interplay of Industrial Growth, Energy Use, and Employment in Turkiye: A Least Squares Approach

Nigar Huseynli () and Gözde Kandemir Comoglu ()
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Nigar Huseynli: Azerbaijan State University of Economics (UNEC), Baku, Azerbaijan; & Academy of the State Customs Committee of Azerbaijan (ASCCA), Baku, Azerbaijan; & Western Caspian University, Baku, Azerbaijan; & Khazar University, Baku, Azerbaijan
Gözde Kandemir Comoglu: Istinye University, Istanbul, Türkiye

International Journal of Energy Economics and Policy, 2025, vol. 15, issue 6, 505-511

Abstract: The aim of this study is to examine the relationship between the development of the industrial sector, employment rates and energy consumption in Turkiye. The annual data series between 2001-2020 is used in the research. According to the LCC regression results, the F test is significant and the significance coefficient R2 has a value of 0.3698. These two results show that the independent variables used in the model together are statistically significant in explaining the dependent variable, and the model explains about 36% of the increase and decrease in employment rates, which is the dependent variable. According to the results of the t-test, which shows whether the coefficients obtained for the independent variables are statistically significant, while the coefficients calculated for energy consumption are significant from the 95% confidence interval, the coefficient calculated for the industrial sector growth is meaningless.

Keywords: Industrial Sector; Energy Consumption; Employment; Least Squares Method; Türkiye (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:v:15:y:2025:i:6:id:20918

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DOI: 10.32479/ijeep.20918

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