Research Article

Economic Consequences of Daylight-Saving Time: Evidence from Turkey

Volume: 10 Number: 1 March 25, 2019
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Economic Consequences of Daylight-Saving Time: Evidence from Turkey

Abstract

For last years, it has been hot issue that transition to daylight saving time has some important consequences related to the electricity consumption, human health, performance, behavior and well-being of individuals. Since the cabinet decision in 2016, Turkey has been implementing the summertime throughout the whole year in order to save energy. Therefore, the main aim of this study is to analyze the effects of this change on economic growth and labor productivity by employing quarterly data for the time period 2006:Q1 and 2018:Q1 for Turkey and Threshold AR model in order to incorporate the nonlinear behavior in considered time series. The results show significant effect of this policy change as well as nonlinear behavior in the time series due to continuous fluctuations in the data throughout time which can be classified into at least two regimes as recession and expansion. As a conclusion, the countries should evaluate the effects of daylight saving time (DST) on different indicators before any change in the implementation. 

Keywords

References

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Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Publication Date

March 25, 2019

Submission Date

November 20, 2018

Acceptance Date

March 20, 2019

Published in Issue

Year 2019 Volume: 10 Number: 1

APA
Akarsu, G., & Korucu Gumusoglu, N. (2019). Economic Consequences of Daylight-Saving Time: Evidence from Turkey. Gümüşhane University Journal of Social Sciences, 10(1), 18-31. https://izlik.org/JA27AL29EY
AMA
1.Akarsu G, Korucu Gumusoglu N. Economic Consequences of Daylight-Saving Time: Evidence from Turkey. Gümüşhane University Journal of Social Sciences. 2019;10(1):18-31. https://izlik.org/JA27AL29EY
Chicago
Akarsu, Gülsüm, and Nebile Korucu Gumusoglu. 2019. “Economic Consequences of Daylight-Saving Time: Evidence from Turkey”. Gümüşhane University Journal of Social Sciences 10 (1): 18-31. https://izlik.org/JA27AL29EY.
EndNote
Akarsu G, Korucu Gumusoglu N (March 1, 2019) Economic Consequences of Daylight-Saving Time: Evidence from Turkey. Gümüşhane University Journal of Social Sciences 10 1 18–31.
IEEE
[1]G. Akarsu and N. Korucu Gumusoglu, “Economic Consequences of Daylight-Saving Time: Evidence from Turkey”, Gümüşhane University Journal of Social Sciences, vol. 10, no. 1, pp. 18–31, Mar. 2019, [Online]. Available: https://izlik.org/JA27AL29EY
ISNAD
Akarsu, Gülsüm - Korucu Gumusoglu, Nebile. “Economic Consequences of Daylight-Saving Time: Evidence from Turkey”. Gümüşhane University Journal of Social Sciences 10/1 (March 1, 2019): 18-31. https://izlik.org/JA27AL29EY.
JAMA
1.Akarsu G, Korucu Gumusoglu N. Economic Consequences of Daylight-Saving Time: Evidence from Turkey. Gümüşhane University Journal of Social Sciences. 2019;10:18–31.
MLA
Akarsu, Gülsüm, and Nebile Korucu Gumusoglu. “Economic Consequences of Daylight-Saving Time: Evidence from Turkey”. Gümüşhane University Journal of Social Sciences, vol. 10, no. 1, Mar. 2019, pp. 18-31, https://izlik.org/JA27AL29EY.
Vancouver
1.Gülsüm Akarsu, Nebile Korucu Gumusoglu. Economic Consequences of Daylight-Saving Time: Evidence from Turkey. Gümüşhane University Journal of Social Sciences [Internet]. 2019 Mar. 1;10(1):18-31. Available from: https://izlik.org/JA27AL29EY