The Rebound Effect: Empirical Evidence from Turkey

Year 2016, Volume: 16 Issue: 1, 29 - 38, 25.04.2016

Asst. Prof. Dr. Nurgün Topallı Prof. Dr. Abdülkadir Buluş

Abstract

Energy and energy savings are still protecting its importance for both developed and developing countries. Energy saving is a method to reduce energy consumption in countries. Especially countries which have dependency on energy recently insist on energy efficiency. The aim of this study is to examine the theoretical and empirical literature on the rebound effect systematically and to test the impact of energy efficiency developments in Turkey on energy consumption empirically. In this study, Turkey’s 1964-2009 annual time series data has been tested using ARDL (Auto-Regressive Distributed Lag) model. As a result of the empirical analysis in Turkey, it is concluded that, Rebound Effect which are results of energy efficiency, is not too significant size.

Keywords

Energy Efficiency, ARDL Model, ECM, Rebound Effect

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