Yazarlar |
Doç. Dr. Sedef ŞEN
Yıldız Teknik Üniversitesi, Türkiye |
Meral Altan
Yıldız Teknik Üniversitesi, Türkiye |
Özet |
This paper examines both the equilibrium relationship and the causality relationship between oil consumption and economic growth in a sample period spanning 1965--2013 in Turkey. For this purpose, an autoregressive distributed lag bounds testing approach was applied in order to determine the long-run relationship between variables, and an asymmetric causality test was used in an effort to classify the impact of shocks on the variables into positive and negative. The results of the bounds test and asymmetric causality test show that there is a long-run relationship between variables and that there is a unidirectional Granger causality running from negative economic growth shocks to negative oil consumption shocks, from positive economic growth shocks to negative oil consumption shocks, and from positive oil consumption shocks to positive economic growth shocks. |
Anahtar Kelimeler |
ARDL | Asymmetric causality | economic growth | oil consumption |
Makale Türü | Özgün Makale |
Makale Alt Türü | SSCI, AHCI, SCI, SCI-Exp dergilerinde yayımlanan tam makale |
Dergi Adı | ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY |
Dergi ISSN | 1556-7249 |
Dergi Tarandığı Indeksler | SCI-Expanded |
Dergi Grubu | Q3 |
Makale Dili | İngilizce |
Basım Tarihi | 01-2017 |
Cilt No | 12 |
Sayı | 1 |
Sayfalar | 70 / 76 |
Doi Numarası | 10.1080/15567249.2016.1170907 |
Makale Linki | www.tandfonline.com/doi/full/10.1080/15567249.2016.1170907 |
Atıf Sayıları | |
WoS | 3 |
SCOPUS | 5 |
Google Scholar | 8 |