EconPapers    
Economics at your fingertips  
 

Renewable Energy Consumption and Economic Growth in Turkey. An ARDL Bounds Testing Approach

Hlalefang Khobai

No 1807, Working Papers from Department of Economics, Nelson Mandela University

Abstract: The study purposes to investigate the relationship between renewable energy consumption and economic growth in Turkey using annual data covering the period 1990–2014. The Autoregressive Distributed Lag (ARDL) model is applied and the findings suggest existence of a long run relationship among the variables. The ARDL long run estimation results discovered that renewable energy consumption has a positive and significant effect on economic growth. The results from the Vector Error Correction Model (VECM) reveals that there is a unidirectional causality flowing from economic growth to renewable energy consumption without feedback. This findings bring a fresh perspective for policy makers for long run and sustainable economic development in Turkey.

Keywords: Renewable energy consumption; Economic growth; Causality; Turkey (search for similar items in EconPapers)
JEL-codes: D04 Q47 Q42 Q01 (search for similar items in EconPapers)
Pages: 17 page
Date: 2018-02, Revised 2018-02
New Economics Papers: this item is included in nep-ara, nep-cwa and nep-ene
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://repec.mandela.ac.za/RePEc/mnd/wpaper/paper.1807.pdf First version, 2018 (application/pdf)

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:mnd:wpaper:1807

Access Statistics for this paper

More papers in Working Papers from Department of Economics, Nelson Mandela University Contact information at EDIRC.
Bibliographic data for series maintained by Andrew Phiri ().

 
Page updated 2020-03-30
Handle: RePEc:mnd:wpaper:1807