ENERJİ TÜKETİMİ-İKTİSADİ BÜYÜME İLİŞKİSİ
Year 2011,
Issue: 22, 111 - 125, 01.12.2011
Suna Korkmaz
Metehan Yılgör
Abstract
Enerji faktörü, ürünlerin üretim sürecinde kullanılan önemli girdilerden biridir.Enerji tüketimi bir ülkenin gelişmişliğini gösteren göstergelerden biridir. Bu çalışmada seçilen 26 ülkenin iktisadi büyüme ile enerji tüketimi arasındaki ilişkisine CADF ve CIPS testleri ile eş bütünleşme testi uygulanmıştır. 1980-2004 dönemine ait yıllık veriler kullanılmıştır. Uygulanan testlerin sonuçlarına göre, 26 ülke için enerji tüketimine uygulanacak iktisat politikalarının aynı zamanda iktisadi büyümeye yönelik iktisat politikalarının uygulanmasında da önemli katkıda bulunacağı tespit edilmiştir. İktisadi büyüme ile enerji tüketimi arasında eş bütünleşme testi sonucunda uzun dönem denge ilişkisinin olduğu görülmüştür
References
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THE RELATION BETWEEN ENERGY CONSUMPTION AND ECONOMIC GROWTH
Year 2011,
Issue: 22, 111 - 125, 01.12.2011
Suna Korkmaz
Metehan Yılgör
Abstract
Energy factor is one of the important inputs that used during products production process. The consumption of energy is one of the indicators that show the development level of a country. In this study, CADF and CIPS tests and cointegration test are applied for the energy consumption and economic growth in 26 countries. We used 1980-2004 annual data. According to the results of these tests, in 26 countries, the economic policies that will be constituted by targeting energy consumption will also make important contribution to the application of economic policies targeting the economic growth. Afterthe cointegration test, it has been observed that there is a long term stable between economic growth and energy consumption
References
- Asghar, Zahir Jr. (2008), “Energy-GDP Relationship: A Causal Analysis for the Five Countries of South Asia”, Applied Econometrics and International Development, Vol. 8, No. 1, pp. 101- 109.
- Aqeel, Anjum ve Butt, Mohammad S. (2001), “The Relationship between Energy Consumption and Economic Growth in Pakistan”, Asia-Pacific Development Journal, Vol. 8, No, 2, pp. 101- 110.
- Cheng, B. S (1995), “An Investigation of Cointegration and Causality between Energy Consumption and Economic Growth”, Journal of Energy and Development, Vol, 21, No. 1, pp. 73-84.
- Chontanawat, Jaruwan; Hunt, Lester C. ve Pierse, Richard (2008), “Does Energy Consumption Cause Economic Growth? Evidence from a Systematic Study of over 100 Countries”, Journal of Policy Modeling, Vol. 30, No. 2, pp. 209-220.
- Froyen, Richard T. (1999), Macroeconomics Theories and Policies, Sixth Edition, Prentice Hall Inc., New Jersey.
- Gelo, Tomislav (2009), “Causality between Economic Growth and Energy Consumption in Croatia”, Zb. Rad. Ekon. Fak. Rij, Vol. 27, No. 2, pp. 327-348.
- Güloğlu, Bülent ve İvrendi, Mehmet (2010) “Output Fluctuations: Transitory or Permanent? The Case of Latin America”, Applied Economics Letters 2010, Vol. 17, No. 4, pp. 381-386.
- Levin, Andrew ve Lin, Chien F. (1993) “Unit Root Tests in Panel Data: New Results”, University of California, San Diego Working Paper, No. 93-56, pp.56-93.
- Mehrara, Mohsen (2007), “Energy Consumption and Economic Growth: The Case of Oil Exporting Countries”, Energy Policy, Vol. 35, No.5, pp. 2939-2945.
- Mucuk, Mehmet ve Uysal, Doğan (2009), “Türkiye Ekonomisinde Enerji Tüketimi ve Ekonomik Büyüme”, Maliye Dergisi, Sayı. 157, s. 105-115.
- Odularu, Gbadebo O. ve Okonkwo, Chinedu (2009), “Does Energy Consumption Contribute to Economic Performance? Empirical Evidence from Nigeria”, East-West Journal of Economics and Business, Vol. 12, No. 2, pp.43-79.
- Oh, Wankeun ve Lee, Kihoon (2004), “Causal Relationship between Energy Consumption and GDP Revisited: The Case of Korea 1970-1999”, Energy Economics, Vol. 26, No. 1, pp. 51-59.
- Parkin, Michael (2000), Economics, Fifth Edition, Addison-Wesley Publishing Company, USA.
- Paul, Shyamal ve Bhattacharya, Rabindra N. (2004), “Causality between Energy Consumption and Economic Growth in India: A Note on Conflicting Results”, Energy Economics, Vol. 26, No. 6, pp. 977-983.
- Pedroni, Peter (1999), “Critical Values for Cointegration Tests in Heterogenous Panels with Multiple Regressors”, Oxford Bulletin of Economics and Statistics, Special Issue 0305- 9049, pp. 653-670.
- Pesaran, Hashem M. (2007) “A Simple Panel Unit Root Test in the Presence of Cross Section Dependence”, Journal of Applied Econometrics, Vol.22, No.2, pp.265-312.
- Pesaran, Hashem M. (2004) “General Diagnostik Tests for Cross Section Dependence in Panels” Working Paper, Cambridge Working Paper in Economics 0435.
- Romer, Paul M. (1994), “The Origins of Endogenous Growth”, The Journal of Economic Perspectives, Vol.8, No.1, pp.3-22.
- Soytas, Ugur ve Sari, Ramazan (2003), “Energy Consumption and GDP: Causality Relationship in G-7 Countries and Emerging Markets”, Energy Economics, Vol. 25, No.1, pp. 33-37.
- Shiu, Alice ve Lam, Pun-Lee (2004), “Electricity Consumption and Economic Growth in China”, Energy Policy, Vol. 32, No. 1, pp. 47-54.
- Soytas, Ugur, Ramazan Sari, ve Ozlem Ozdemir (2003), “Energy Consumption and GDP Relations in Turkey: A Cointegration and Vector Error Correction Analysis”, Economies and Business in Transition: Facilitating Competitiveness and Change in the Global Environment Proceedings, pp. http://www.ba.metu.edu.tr/user/rsari/pubs/Energy%20GBATA.pdf. (05.10.2010). Business and Technology Association.
- Wolde-Rufael, Yemane (2006), “Electricity Consumption and Economic Growth: A Time Series Experience for 17 African Countries”, Energy Policy, Vol. 34, No.10, pp. 1106-1114.
- Yang, Hao-Yen (2000), “A Note on the Causal Relationship between Energy and GDP in Taiwan”, Energy Economics, Vol. 22, No. 3, pp. 309-317.
- Yoo, S.H (2006), “The Causal Relationship between Electricity Consumption and Economic Growth in the ASEAN Countries”, Energy Policy, Vol. 34, No.18, pp. 3573-3582.