 Effects of Sectoral Energy Consumption on Economic Growth: The Case of Turkey (1972-2015)Tuba Hanifi and
Aysun Eser Ozen
Business and Economics Research Journal, 2018, vol. 9, issue 3, 499-512 Abstract: The aim of this study is to analyse the impact of energy consumption on economic growth in the basis of main sectors, between the years 1972-2015 in Turkey. The dependency between variables was tested by the method of Horizontal Cross Section (CD test), then the causality between energy consumption and Gross Domestic Product was analysed by using the heterogeneous panel test developed by Dumitrescu and Hurlin. Unidirectional causality from growth to energy consumption was found for Turkey. In terms of the main sectors, unidirectional causality from growth to energy consumption in the agricultural sector and bi-directional causality between growth and energy consumption in the services sector was found. In terms of the industrial sector, no causality was found. Keywords: Energy Consumption; Economic Growth; Sectors; Causality; Turkey (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ris:buecrj:0340 Access Statistics for this article Business and Economics Research Journal is currently edited by Adem Anbar More articles in Business and Economics Research Journal from Uludag University, Faculty of Economics and Administrative Sciences Contact information at EDIRC. |
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