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Year 2014, Issue: 43, 37 - 65, 18.05.2015
https://doi.org/10.18070/euiibfd.83502

Abstract

This study investigates the relationship between electricity consumption and economic growth in Turkey by using two important control variables (exports and investment). In the empirical application, the existence of co-integration between variables is verified and it has shown that economic growth, exports and investment in the long term variables have a positive effect on electricity consumption. In addition, it has been concluded that there is a unidirectional "Granger causality" from the electricity consumption to economic growth. This result shows that consumption policies (conservative) and contraction in the electricity supply that are prepared to protect sources of energy to reduce electricity consumption might reduce economic growth in Turkey. Therefore, policy makers should adopt advanced technologies which increase energy production and saving in order to meet growing electricity demand, and should also support projects which develop new energy resources

References

  • ABOSEDRA, Salah; Abdallah DAH and Sajal GHOSH; (2009), "Electricity Consumption and Economic Growth: The Case Of Lebanon", Applied Energy, 86, pp. 429–432.
  • ACARAVCI, Ali and İlhan ÖZTÜRK; (2010), "Electricity Consumption- Growth Nexus: Evidence from Panel Data for Transition Countries," Energy Economics, 32(3), pp. 604-608.
  • AĞIR, Hüseyin ve Muhsin KAR; (2010), "Türkiye'de Elektrik Tüketimi ve Ekonomik Gelişmişlik Düzeyi İlişkisi: Yatay Kesit Analizi", Hacettepe Üniversitesi Sosyoekonomi Dergisi, 6(12), ss. 149-177.
  • AKINLO, Anthony E.; (2009), "Electricity Consumption and Economic Growth in Nigeria: Evidence from Cointegration and Co-feature Analysis", Jo- urnal of Policy Modeling, 31(5), pp. 681-693.
  • AKTAS, Cengiz; (2009), "Türkiye’de Elektrik Tüketimi, İstihdam ve Ekonomik Büyüme Arasındaki İlişkinin Hata Düzeltme Modeliyle Analizi", Dum- lupınar Üniversitesi Sosyal Bilimler Dergisi, 25, ss. 61-68.
  • AKTAŞ, Cengiz and Veysel YILMAZ; (2008), "Causal Relationship Between Electricity Consumption And Economıc Growth In Turkey", ZKÜ Sos- yal Bilimler Dergisi, 4(8), pp. 45–54.
  • ALTINAY, Galip and Erdal KARAGÖL; (2005), "Electricity Consumption and Economic Growth: Evidence From Turkey", Energy Economics, 27, pp. 849-856.
  • APERGIS, Nicholas and James A. PAYNE; (2009), " Energy Consumption and Economic Growth: Evidence from The Common Wealth of Independent States", Energy Economics, 31, pp.641–647.
  • APERGIS, Nicholas and James A. PAYNE; (2009), " Energy consumption and economic growth in Central America: Evidence from a panel cointegra- tion and error correction model", Energy Economics, 31, pp.211–216.
  • BROWN, Richard L.; James DURBIN and J. M. EVANS; (1975), "Techniques for Testing the Constansy of Regression Relations over Time", Journal of Royal Statistical Society, Series B37, pp.149-163.
  • DICKEY, David A. and Wayne A. FULLER; (1979), "Distribution of The Es- timators for Autoregressive Time Series with a Unit Root", Journal of the American Statistical Association, 74, pp.427-431.
  • DICKEY, David A. and Wayne A. FULLER; (1981), "Likelihood Ratio Statis- tics for Autoregressive Time Series with A Unit Root", Econometrica, 49(4), pp. 1057-1072.
  • Enerji Bakanlığı; (2014), “Elektrik”, İnternet Adresi: http://www.enerji.gov.tr/ in- dex.php?dil=tr&sf=webpages&b=elektrik&bn=219&hn=219&nm=384 &id=386, Erişim Tarihi 05.04.2014.
  • GHOSH, Sajal; (2002), "Electricity Consumption and Economic Growth in India", Energy Policy", 30, pp. 125-129.
  • GRANGER, Clive W.J. and Paul NEWBOLD.; (1974), “Spurious Regressions in Econometrics,” Journal of Econometrics, 2/2, pp.111-120.
  • HAUG, Alfred A.; (2002), "Temporal Aggregation and The Power of Cointeg- ration Tests: A Monte Carlo Study", Oxford Bulletin of Economics and Statistics, 64, pp.399–412.
  • HESTON, Alan, Robert SUMMERS and Aten BETTINA; (2012), Penn World Table Version 6.3, Center for International Comparisons at the Univer- sity
  • of Pennsylvania (CICUP).
  • HO, Chun-Yu and Kam Wing SIU; (2007), "A Dynamic Equilibrium Of Elect- ricity Consumption and GDP in Hong Kong: An Empirical Investiga- tion", Energy Policy, 35, pp. 2507–2513.
  • IFS; (2014), International Financial Statistics (CD Rom), Washington: IFS.
  • JOHANSEN, Soren and Katarina JUSELIUS; (1990), "Maximum Likelihood Estimation and Inference on Cointegration –with Application to the Demand for Money", Oxford Bulletin of Economics and Statistics, 52(2), pp.169-210.
  • JUMBE, Charles B.L.; (2004), "Cointegration and Causality Between Electri- city Consumption And GDP: Empirical Evidence From Malawi", Energy Economics, 26, pp. 61-68.
  • KAR, Muhsin ve Esra KINIK; (2008), "Türkiye’de Elektrik Tüketimi Çeşitleri ve Ekonomik Büyüme Arasındaki İlişkinin Ekonometrik Bir Analizi", Afyon Kocatepe Üniversitesi İİBF Dergisi, 10(2), ss. 333-353.
  • KARAGÖL, Erdal; Erman ERBAYKAL ve H.Murat ERTUĞRUL; (2007), "Türkiye'de Ekonomik Büyüme ile Elektrik Tüketimi İlişkisi: Sınır Testi Yaklaşımı", Doğuş Üniversitesi Dergisi, 8(1), ss. 72-80.
  • KRAFT, J. and A. KRAFT; (1978), "On the Relationship Between Energy and GNP", Journal of Energy Development, 3(2), pp. 401–403.
  • KWAITKOWSKI, Denis; Peter C. B. PHILLIPS; Peter SCHMIDT P. and Yongcheol SHIN; (1992), "Testing the Null Hypothesis of Stationarity Against the Alternative of a Unit Root: How Sure Are We That Econo- mic Time Series Have a Unit Root?", Journal of Econometrics, 54, pp. 159–178.
  • LEE, Chien-Chiang and Chun-Ping CHANG; (2008), "Energy Consumption and Economic Growth in Asian Economies: A More Comprehensive Analysis Using Panel Data", Resource and Energy Economics, 30(1), pp. 50–65.
  • MASIH, Abul M. M. and Rumi MASIH; (1996), "Energy Consumption, Real Income and Temporal Causality: Results from A Multicountry Study Based on Cointegration and Error Correction Modeling Techniques", Energy Economics, 18, pp.165– 183.
  • NARAYAN, Paresh K. ; (2005), "The Savings and Investment Nexus for China: Evidence From Cointegration Test", Applied Economics, 37, pp.1979– 1990.
  • NARAYAN, Paresh K. and Baljeet SINGH; (2007), "The Electricity Consump- tion and GDP Nexus for the Fiji Islands", Energy Economics, 29, pp.1141–1150.
  • NARAYAN, Paresh K. and Russell SMYTH R.; (2009), "Multivariate Granger- Causality Between Electricity Consumption, Exports, and GDP: Evi- dence From a Panel of Middle Eastern Countries", Energy Policy, 37, pp.229–236.
  • NARAYAN, Paresh K., and Arti PRASAD; (2008), "Electricity Consumption– Real GDP Causality Nexus: Evidence from A Bootstrapped Causality Test for 30 OECD Countries", Energy Policy, 36, pp. 910-918.
  • NG, Serena and Pierre PERRON; (2001), "Lag Length Selection and the Const- ruction of Unit Root Tests with Good Size and Power", Econometrica, 69, pp. 1529–1554.
  • ODHIAMBO, Nicholas M.; (2009), "Electricity Consumption and Economic Growth in South Africa: A Trivariate Causality Test", Energy Econo- mics, 31, pp. 635-640.
  • OUEDRAOGO, Idrissa M.; (2010), "Electricity Consumption and Economic Growth in Burkina Faso:A Cointegration Analysis", Energy Econo- mics, 32, pp. 524–531.
  • PAYNE, James E.; (2010), "A Survey of the Electricity Consumption-Growth Literature, Applied Energy, 87, pp. 723–731.
  • PESARAN, Hashem; Yongcheol SHIN and Richard J. SMITH; (2001), "Bound Testing Approaches to the Analysis of Long Run Relationships", Jour- nal of Applied Econometrics, 16(3), pp.289-326
  • PHILLIPS, Peter C. B. and Pierre PERRON; (1988), "Testing for a Unit Root in Time Series Regression", Biomètrika, 75(2), pp.336-346.
  • POLAT, Özgür; Enes E. USLU ve Sayın SAN; (2011), "Türkiye’de Elektrik Tüketimi, İstihdam ve Ekonomik Büyüme İlişkisi”, Süleyman Demirel Üniversitesi İİBF Dergisi, 16(1), ss. 349-362.
  • RAMCHARRAN, Harridutt; (1990), "Electricity Consumption and Economic Growth in Jamaica", Energy Economics, 12(1), pp. 65-70.
  • SAATÇİ, Mustafa ve Yasemin DUMRUL; (2013), "Elektrik Tüketimi ve Eko- nomik Büyüme İlişkisinin Dinamik Bir Analizi: Türkiye Örneği", Ulu- dağ Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 32(2), ss. 1-24.
  • SHAHBAZ, Muhammad and Hooi Hooi LEAN; (2012), "Does financial deve- lopment increase energy consumption? The role of industrialization and urbanization in Tunisia", Energy Policy, 40(C), pp. 473-479.
  • SHAHBAZ, Muhammad; Shahbaz SHABBIR and Chor F. TANG; (2011), "Electricity Consumption and Economic Growth Nexus in Portugal Using Cointegration and Causality Approaches”, Energy Policy, 39, pp. 3529–3536.
  • SHIU, Alice and Pan-Lee LAM; (2004), "Electricity Consumption and Econo- mic Growth in China", Energy Policy, 32, pp. 47–54.
  • SOYTAŞ, Uğur and Ramazan SARI; (2007), "The Relationship Between Energy and Production: Evidence from Turkish Manufacturing In- dustry", Energy Economics, 29, pp. 1151–1165.
  • SQUALLI, Jay; (2007), "Electricity Consumption and Economic Growth: Bo- unds and Causality Analyses of OPEC Members", Energy Economics, 29(6), pp. 1192-1205.
  • TANG, Chor F. and Eu C. TAN; (2013), "Exploring the Nexus of Electricity Consumption, Economic Growth, Energy Prices and Technology Inno- vation in Malaysia", Applied Energy, 104, pp. 297–305.
  • TANG, Chor F.; (2008), "A Re-examination of the Relationship Between Elect- ricity Consumption and Economic Growth in Malaysia", Energy Po- licy, 36, pp. 3077– 3085.
  • TÜİK; (2013), İstatistik Göstergeler 1923-2012, Ankara: Türkiye İstatistik Kurumu Yayınları.
  • TÜİK; (2014), “Enerji İstatistikleri”, İnternet Adresi: http://www.tuik.gov.tr/ PreTablo.do?alt_id=1029, Erişim Tarihi: 22.04.2014.
  • WORLDBANK; (2014), “World Development Indicators 2014”, Internet Add- ress: http://databank.worldbank.org/data/views/variableSelection/selectvariab les.aspx?source=world-development-indicators#, Date of Access: 11.02.2014.
  • WOLDE-RUFAEL, Yemane; (2006), "Electricity Consumption and Economic Growth: A Time Series Experience for 17 African Countries", Energy Policy, 34, pp. 1106–1114.
  • YAPRAKLI, Sevda ve Z. Çağlar YURTTANÇIKMAZ; (2012), "Elektrik Tüke- timi İle Ekonomik Büyüme Arasındaki Nedensellik: Türkiye Üzerine Ekonometrik Bir Analiz", C.Ü. İktisadi ve İdari Bilimler Dergisi, 13(2), ss. 195-215.
  • YOO, Seung-Hoon; (2005), "Electricity Consumption and Economic Growth: Evidence from Korea", Energy Policy, 33, pp. 1627-1632.
  • YOO, Seung.-Hoon; (2006), "The Causal Relationship Between Electricity Consumption and Economic Growth in the ASEAN Countries", Energy Policy, 34, pp. 3573–3582.
  • YOO, Seung.-Hoon and So-Yoon KWAK; (2010), "Electricity Consumption and Economic Growth in Seven South American Countries", Energy Policy, 38, pp. 181–188.
  • YUAN, Jiahai; Changhong ZHAO; Shunkun YU and Zhaoguang HU; (2007) "Electricity Consumption and Economic Growth in China: Cointegra- tion and Co-feature Analysis", Energy Economics, 29, pp. 1179–1191.
  • ZAMAN, Khalid; Khan M. MUHAMMAD; Mehboob AHMAD and Rabiah RUSTAM; (2012), "Determinants of Electricity Consumption in Pakis- tan: Old Wine in the New Bottle", Energy Policy, 50, pp. 623-634.
  • ZIVOT, Eric and Donald W.K. ANDREWS; (1992), "Further Evidence of Great Crash, the Oil-Price Shock and the Unit Root Hypothesis", Journal of Business and Economic Statistics, 10(3), pp.251-270.

TÜRKİYE’DE ELEKTRİK TÜKETİMİNİN DİNAMİKLERİ VE EKONOMİK BÜYÜME: SINIR TESTİ VE NEDENSELLİK ANALİZİ

Year 2014, Issue: 43, 37 - 65, 18.05.2015
https://doi.org/10.18070/euiibfd.83502

Abstract

Bu çalışma, Türkiye’de elektrik tüketimi ve ekonomik büyüme arasındaki ilişkiyi iki önemli kontrol değişkeni (ihracat ve yatırım) kullanarak araştırmaktadır. Ampirik uygulamada değişkenler arasında eş bütünleşmenin varlığı doğrulanmış ve ekonomik büyüme, ihracat ve yatırım değişkenlerinin uzun dönemde elektrik tüketimi üzerinde pozitif etkiye sahip olduğunu göstermiştir. Ayrıca, elektrik tüketiminden ekonomik büyümeye doğru tek yönlü Granger nedensellik sonucuna ulaşılmıştır. Bu sonuç, Türkiye’de enerji kaynaklarını korumaya yönelik elektrik tüketimini azaltıcı (konservatif) politikaların ve elektrik arzında ortaya çıkabilecek daralmaların ekonomik büyümeyi azaltabileceğini göstermektedir. Bu nedenle politika uygulayıcıları artan elektrik talebini karşılamak için enerji üretimini artırıcı ve tasarruf edici ileri teknolojileri benimsemeli ve yeni enerji kaynaklarını geliştirici projeleri desteklemelidir. 

References

  • ABOSEDRA, Salah; Abdallah DAH and Sajal GHOSH; (2009), "Electricity Consumption and Economic Growth: The Case Of Lebanon", Applied Energy, 86, pp. 429–432.
  • ACARAVCI, Ali and İlhan ÖZTÜRK; (2010), "Electricity Consumption- Growth Nexus: Evidence from Panel Data for Transition Countries," Energy Economics, 32(3), pp. 604-608.
  • AĞIR, Hüseyin ve Muhsin KAR; (2010), "Türkiye'de Elektrik Tüketimi ve Ekonomik Gelişmişlik Düzeyi İlişkisi: Yatay Kesit Analizi", Hacettepe Üniversitesi Sosyoekonomi Dergisi, 6(12), ss. 149-177.
  • AKINLO, Anthony E.; (2009), "Electricity Consumption and Economic Growth in Nigeria: Evidence from Cointegration and Co-feature Analysis", Jo- urnal of Policy Modeling, 31(5), pp. 681-693.
  • AKTAS, Cengiz; (2009), "Türkiye’de Elektrik Tüketimi, İstihdam ve Ekonomik Büyüme Arasındaki İlişkinin Hata Düzeltme Modeliyle Analizi", Dum- lupınar Üniversitesi Sosyal Bilimler Dergisi, 25, ss. 61-68.
  • AKTAŞ, Cengiz and Veysel YILMAZ; (2008), "Causal Relationship Between Electricity Consumption And Economıc Growth In Turkey", ZKÜ Sos- yal Bilimler Dergisi, 4(8), pp. 45–54.
  • ALTINAY, Galip and Erdal KARAGÖL; (2005), "Electricity Consumption and Economic Growth: Evidence From Turkey", Energy Economics, 27, pp. 849-856.
  • APERGIS, Nicholas and James A. PAYNE; (2009), " Energy Consumption and Economic Growth: Evidence from The Common Wealth of Independent States", Energy Economics, 31, pp.641–647.
  • APERGIS, Nicholas and James A. PAYNE; (2009), " Energy consumption and economic growth in Central America: Evidence from a panel cointegra- tion and error correction model", Energy Economics, 31, pp.211–216.
  • BROWN, Richard L.; James DURBIN and J. M. EVANS; (1975), "Techniques for Testing the Constansy of Regression Relations over Time", Journal of Royal Statistical Society, Series B37, pp.149-163.
  • DICKEY, David A. and Wayne A. FULLER; (1979), "Distribution of The Es- timators for Autoregressive Time Series with a Unit Root", Journal of the American Statistical Association, 74, pp.427-431.
  • DICKEY, David A. and Wayne A. FULLER; (1981), "Likelihood Ratio Statis- tics for Autoregressive Time Series with A Unit Root", Econometrica, 49(4), pp. 1057-1072.
  • Enerji Bakanlığı; (2014), “Elektrik”, İnternet Adresi: http://www.enerji.gov.tr/ in- dex.php?dil=tr&sf=webpages&b=elektrik&bn=219&hn=219&nm=384 &id=386, Erişim Tarihi 05.04.2014.
  • GHOSH, Sajal; (2002), "Electricity Consumption and Economic Growth in India", Energy Policy", 30, pp. 125-129.
  • GRANGER, Clive W.J. and Paul NEWBOLD.; (1974), “Spurious Regressions in Econometrics,” Journal of Econometrics, 2/2, pp.111-120.
  • HAUG, Alfred A.; (2002), "Temporal Aggregation and The Power of Cointeg- ration Tests: A Monte Carlo Study", Oxford Bulletin of Economics and Statistics, 64, pp.399–412.
  • HESTON, Alan, Robert SUMMERS and Aten BETTINA; (2012), Penn World Table Version 6.3, Center for International Comparisons at the Univer- sity
  • of Pennsylvania (CICUP).
  • HO, Chun-Yu and Kam Wing SIU; (2007), "A Dynamic Equilibrium Of Elect- ricity Consumption and GDP in Hong Kong: An Empirical Investiga- tion", Energy Policy, 35, pp. 2507–2513.
  • IFS; (2014), International Financial Statistics (CD Rom), Washington: IFS.
  • JOHANSEN, Soren and Katarina JUSELIUS; (1990), "Maximum Likelihood Estimation and Inference on Cointegration –with Application to the Demand for Money", Oxford Bulletin of Economics and Statistics, 52(2), pp.169-210.
  • JUMBE, Charles B.L.; (2004), "Cointegration and Causality Between Electri- city Consumption And GDP: Empirical Evidence From Malawi", Energy Economics, 26, pp. 61-68.
  • KAR, Muhsin ve Esra KINIK; (2008), "Türkiye’de Elektrik Tüketimi Çeşitleri ve Ekonomik Büyüme Arasındaki İlişkinin Ekonometrik Bir Analizi", Afyon Kocatepe Üniversitesi İİBF Dergisi, 10(2), ss. 333-353.
  • KARAGÖL, Erdal; Erman ERBAYKAL ve H.Murat ERTUĞRUL; (2007), "Türkiye'de Ekonomik Büyüme ile Elektrik Tüketimi İlişkisi: Sınır Testi Yaklaşımı", Doğuş Üniversitesi Dergisi, 8(1), ss. 72-80.
  • KRAFT, J. and A. KRAFT; (1978), "On the Relationship Between Energy and GNP", Journal of Energy Development, 3(2), pp. 401–403.
  • KWAITKOWSKI, Denis; Peter C. B. PHILLIPS; Peter SCHMIDT P. and Yongcheol SHIN; (1992), "Testing the Null Hypothesis of Stationarity Against the Alternative of a Unit Root: How Sure Are We That Econo- mic Time Series Have a Unit Root?", Journal of Econometrics, 54, pp. 159–178.
  • LEE, Chien-Chiang and Chun-Ping CHANG; (2008), "Energy Consumption and Economic Growth in Asian Economies: A More Comprehensive Analysis Using Panel Data", Resource and Energy Economics, 30(1), pp. 50–65.
  • MASIH, Abul M. M. and Rumi MASIH; (1996), "Energy Consumption, Real Income and Temporal Causality: Results from A Multicountry Study Based on Cointegration and Error Correction Modeling Techniques", Energy Economics, 18, pp.165– 183.
  • NARAYAN, Paresh K. ; (2005), "The Savings and Investment Nexus for China: Evidence From Cointegration Test", Applied Economics, 37, pp.1979– 1990.
  • NARAYAN, Paresh K. and Baljeet SINGH; (2007), "The Electricity Consump- tion and GDP Nexus for the Fiji Islands", Energy Economics, 29, pp.1141–1150.
  • NARAYAN, Paresh K. and Russell SMYTH R.; (2009), "Multivariate Granger- Causality Between Electricity Consumption, Exports, and GDP: Evi- dence From a Panel of Middle Eastern Countries", Energy Policy, 37, pp.229–236.
  • NARAYAN, Paresh K., and Arti PRASAD; (2008), "Electricity Consumption– Real GDP Causality Nexus: Evidence from A Bootstrapped Causality Test for 30 OECD Countries", Energy Policy, 36, pp. 910-918.
  • NG, Serena and Pierre PERRON; (2001), "Lag Length Selection and the Const- ruction of Unit Root Tests with Good Size and Power", Econometrica, 69, pp. 1529–1554.
  • ODHIAMBO, Nicholas M.; (2009), "Electricity Consumption and Economic Growth in South Africa: A Trivariate Causality Test", Energy Econo- mics, 31, pp. 635-640.
  • OUEDRAOGO, Idrissa M.; (2010), "Electricity Consumption and Economic Growth in Burkina Faso:A Cointegration Analysis", Energy Econo- mics, 32, pp. 524–531.
  • PAYNE, James E.; (2010), "A Survey of the Electricity Consumption-Growth Literature, Applied Energy, 87, pp. 723–731.
  • PESARAN, Hashem; Yongcheol SHIN and Richard J. SMITH; (2001), "Bound Testing Approaches to the Analysis of Long Run Relationships", Jour- nal of Applied Econometrics, 16(3), pp.289-326
  • PHILLIPS, Peter C. B. and Pierre PERRON; (1988), "Testing for a Unit Root in Time Series Regression", Biomètrika, 75(2), pp.336-346.
  • POLAT, Özgür; Enes E. USLU ve Sayın SAN; (2011), "Türkiye’de Elektrik Tüketimi, İstihdam ve Ekonomik Büyüme İlişkisi”, Süleyman Demirel Üniversitesi İİBF Dergisi, 16(1), ss. 349-362.
  • RAMCHARRAN, Harridutt; (1990), "Electricity Consumption and Economic Growth in Jamaica", Energy Economics, 12(1), pp. 65-70.
  • SAATÇİ, Mustafa ve Yasemin DUMRUL; (2013), "Elektrik Tüketimi ve Eko- nomik Büyüme İlişkisinin Dinamik Bir Analizi: Türkiye Örneği", Ulu- dağ Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 32(2), ss. 1-24.
  • SHAHBAZ, Muhammad and Hooi Hooi LEAN; (2012), "Does financial deve- lopment increase energy consumption? The role of industrialization and urbanization in Tunisia", Energy Policy, 40(C), pp. 473-479.
  • SHAHBAZ, Muhammad; Shahbaz SHABBIR and Chor F. TANG; (2011), "Electricity Consumption and Economic Growth Nexus in Portugal Using Cointegration and Causality Approaches”, Energy Policy, 39, pp. 3529–3536.
  • SHIU, Alice and Pan-Lee LAM; (2004), "Electricity Consumption and Econo- mic Growth in China", Energy Policy, 32, pp. 47–54.
  • SOYTAŞ, Uğur and Ramazan SARI; (2007), "The Relationship Between Energy and Production: Evidence from Turkish Manufacturing In- dustry", Energy Economics, 29, pp. 1151–1165.
  • SQUALLI, Jay; (2007), "Electricity Consumption and Economic Growth: Bo- unds and Causality Analyses of OPEC Members", Energy Economics, 29(6), pp. 1192-1205.
  • TANG, Chor F. and Eu C. TAN; (2013), "Exploring the Nexus of Electricity Consumption, Economic Growth, Energy Prices and Technology Inno- vation in Malaysia", Applied Energy, 104, pp. 297–305.
  • TANG, Chor F.; (2008), "A Re-examination of the Relationship Between Elect- ricity Consumption and Economic Growth in Malaysia", Energy Po- licy, 36, pp. 3077– 3085.
  • TÜİK; (2013), İstatistik Göstergeler 1923-2012, Ankara: Türkiye İstatistik Kurumu Yayınları.
  • TÜİK; (2014), “Enerji İstatistikleri”, İnternet Adresi: http://www.tuik.gov.tr/ PreTablo.do?alt_id=1029, Erişim Tarihi: 22.04.2014.
  • WORLDBANK; (2014), “World Development Indicators 2014”, Internet Add- ress: http://databank.worldbank.org/data/views/variableSelection/selectvariab les.aspx?source=world-development-indicators#, Date of Access: 11.02.2014.
  • WOLDE-RUFAEL, Yemane; (2006), "Electricity Consumption and Economic Growth: A Time Series Experience for 17 African Countries", Energy Policy, 34, pp. 1106–1114.
  • YAPRAKLI, Sevda ve Z. Çağlar YURTTANÇIKMAZ; (2012), "Elektrik Tüke- timi İle Ekonomik Büyüme Arasındaki Nedensellik: Türkiye Üzerine Ekonometrik Bir Analiz", C.Ü. İktisadi ve İdari Bilimler Dergisi, 13(2), ss. 195-215.
  • YOO, Seung-Hoon; (2005), "Electricity Consumption and Economic Growth: Evidence from Korea", Energy Policy, 33, pp. 1627-1632.
  • YOO, Seung.-Hoon; (2006), "The Causal Relationship Between Electricity Consumption and Economic Growth in the ASEAN Countries", Energy Policy, 34, pp. 3573–3582.
  • YOO, Seung.-Hoon and So-Yoon KWAK; (2010), "Electricity Consumption and Economic Growth in Seven South American Countries", Energy Policy, 38, pp. 181–188.
  • YUAN, Jiahai; Changhong ZHAO; Shunkun YU and Zhaoguang HU; (2007) "Electricity Consumption and Economic Growth in China: Cointegra- tion and Co-feature Analysis", Energy Economics, 29, pp. 1179–1191.
  • ZAMAN, Khalid; Khan M. MUHAMMAD; Mehboob AHMAD and Rabiah RUSTAM; (2012), "Determinants of Electricity Consumption in Pakis- tan: Old Wine in the New Bottle", Energy Policy, 50, pp. 623-634.
  • ZIVOT, Eric and Donald W.K. ANDREWS; (1992), "Further Evidence of Great Crash, the Oil-Price Shock and the Unit Root Hypothesis", Journal of Business and Economic Statistics, 10(3), pp.251-270.
There are 59 citations in total.

Details

Primary Language Turkish
Journal Section Makaleler
Authors

Halil Altıntaş This is me

Özgür Koçbulut This is me

Publication Date May 18, 2015
Published in Issue Year 2014 Issue: 43

Cite

APA Altıntaş, H., & Koçbulut, Ö. (2015). TÜRKİYE’DE ELEKTRİK TÜKETİMİNİN DİNAMİKLERİ VE EKONOMİK BÜYÜME: SINIR TESTİ VE NEDENSELLİK ANALİZİ. Erciyes Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi(43), 37-65. https://doi.org/10.18070/euiibfd.83502

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Ethical Principles and Ethical Guidelines

The Journal of Erciyes University Faculty of Economics and Administrative Sciences places great emphasis on publication ethics, which serve as a foundation for the impartial and reputable advancement of scientific knowledge. In this context, the journal adopts a publishing approach aligned with the ethical standards set by the Committee on Publication Ethics (COPE) and is committed to preventing potential malpractice. The following ethical responsibilities, established based on COPE’s principles, are expected to be upheld by all stakeholders involved in the publication process (authors, readers and researchers, publishers, reviewers, and editors).

Ethical Responsibilities of Editors
Make decisions on submissions based on the quality and originality of the work, its alignment with the journal's aims and scope, and the reviewers’ evaluations, regardless of the authors' religion, language, race, ethnicity, political views, or gender.
Respond to information requests from readers, authors, and reviewers regarding the publication and evaluation processes.
Conduct all processes without compromising ethical standards and intellectual property rights.
Support freedom of thought and protect human and animal rights.
Ensure the peer review process adheres to the principle of double-blind peer review.
Take full responsibility for accepting, rejecting, or requesting changes to a manuscript and ensure that conflicts of interest among stakeholders do not influence these decisions.
Ethical Responsibilities of Authors
Submitted works must be original. When utilizing other works, proper and complete citations and/or references must be provided.
A manuscript must not be under review by another journal simultaneously.
Individuals who have not contributed to the experimental design, implementation, data analysis, or interpretation should not be listed as authors.
If requested during the review process, datasets used in the manuscript must be provided to the editorial board.
If a significant error or mistake is discovered in the manuscript, the journal’s editorial office must be notified.
For studies requiring ethical committee approval, the relevant document must be submitted to the journal. Details regarding the ethical approval (name of the ethics committee, approval document number, and date) must be included in the manuscript.
Changes to authorship (e.g., adding or removing authors, altering the order of authors) cannot be proposed after the review process has commenced.
Ethical Responsibilities of Reviewers
Accept review assignments only in areas where they have sufficient expertise.
Agree to review manuscripts in a timely and unbiased manner.
Ensure confidentiality of the reviewed manuscript and not disclose any information about it, during or after the review process, beyond what is already published.
Refrain from using information obtained during the review process for personal or third-party benefit.
Notify the journal editor if plagiarism or other ethical violations are suspected in the manuscript.
Conduct reviews objectively and avoid conflicts of interest. If a conflict exists, the reviewer should decline the review.
Use polite and constructive language during the review process and avoid personal comments.
Publication Policy
The Journal of Erciyes University Faculty of Economics and Administrative Sciences is a free, open-access, peer-reviewed academic journal that has been in publication since 1981. The journal welcomes submissions in Turkish and English within the fields of economics, business administration, public finance, political science, public administration, and international relations.

No submission or publication fees are charged by the journal.
Every submitted manuscript undergoes a double-blind peer review process and similarity/plagiarism checks via iThenticate.
Submissions must be original and not previously published, accepted for publication, or under review elsewhere.
Articles published in the journal can be cited under the Open Access Policy and Creative Commons license, provided proper attribution is given.
The journal is published three times a year, in April, August, and December. It includes original, high-quality, and scientifically supported research articles and reviews in its listed fields. Academic studies unrelated to these disciplines or their theoretical and empirical foundations are not accepted. The journal's languages are Turkish and English.

Submissions are first subject to a preliminary review for format and content. Manuscripts not meeting the journal's standards are rejected by the editorial board. Manuscripts deemed suitable proceed to the peer review stage.

Each submission is sent to at least two expert reviewers. If both reviews are favorable, the article is approved for publication. In cases where one review is positive and the other negative, the editorial board decides based on the reviews or may send the manuscript to a third reviewer.

Articles published in the journal are open access and can be cited under the Creative Commons license, provided proper attribution is made.