Year 2018, Volume 2, Issue 1, Pages 77 - 98 2018-01-31

Jevons Paradox:An Econometric Analysis on Energy Efficiency and Rebound Effect

Merter AKINCI [1] , Haktan SEVİNÇ [2] , Ömer YILMAZ [3]

217 329

In this study, the effects of energy efficiency, rebound effect, on energy production, consumption, saving, import as well as inflation and current account deficit are examined using time series analysis in the period of 1967-2015 in Turkish economy. Firstly, in order to determine the stationary level of the variables ADF and PP unit root tests are used and the results show that all of the variables considered within the model are stationary at the first difference level. Second, the finding of Johansen-Juselius cointegration analyze reveals the existence of long-run relationships among variables, and Granger causality analysis reflects at least the validity of one-way causal links among variables. The findings of the VEC analysis point out that the Jevons Paradox or rebound effect is valid in the Turkish economy, which means that energy consumption rises as energy efficiency and production increases. In addition, the findings show that depending on increasing energy consumption energy import level rises and therefore current account deficit and inflation begin to deteriorate, also.
Jevons Paradox, Rebound Effect, Energy Efficiency
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Primary Language en
Subjects Management
Journal Section Articles
Authors

Author: Merter AKINCI (Primary Author)
Institution: ORDU ÜNİVERSİTESİ, ÜNYE İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ, İKTİSAT BÖLÜMÜ
Country: Turkey


Author: Haktan SEVİNÇ
Institution: IĞDIR ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ, İKTİSAT BÖLÜMÜ
Country: Turkey


Author: Ömer YILMAZ
Institution: ATATÜRK ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ, EKONOMETRİ BÖLÜMÜ
Country: Turkey


Bibtex @research article { fsecon382129, journal = {Fiscaoeconomia}, issn = {}, eissn = {2564-7504}, address = {Ahmet Arif EREN}, year = {2018}, volume = {2}, pages = {77 - 98}, doi = {10.25295/fsecon.2018.01.004}, title = {Jevons Paradox:An Econometric Analysis on Energy Efficiency and Rebound Effect}, key = {cite}, author = {AKINCI, Merter and SEVİNÇ, Haktan and YILMAZ, Ömer} }
APA AKINCI, M , SEVİNÇ, H , YILMAZ, Ö . (2018). Jevons Paradox:An Econometric Analysis on Energy Efficiency and Rebound Effect. Fiscaoeconomia, 2 (1), 77-98. DOI: 10.25295/fsecon.2018.01.004
MLA AKINCI, M , SEVİNÇ, H , YILMAZ, Ö . "Jevons Paradox:An Econometric Analysis on Energy Efficiency and Rebound Effect". Fiscaoeconomia 2 (2018): 77-98 <http://dergipark.org.tr/fsecon/issue/34876/382129>
Chicago AKINCI, M , SEVİNÇ, H , YILMAZ, Ö . "Jevons Paradox:An Econometric Analysis on Energy Efficiency and Rebound Effect". Fiscaoeconomia 2 (2018): 77-98
RIS TY - JOUR T1 - Jevons Paradox:An Econometric Analysis on Energy Efficiency and Rebound Effect AU - Merter AKINCI , Haktan SEVİNÇ , Ömer YILMAZ Y1 - 2018 PY - 2018 N1 - doi: 10.25295/fsecon.2018.01.004 DO - 10.25295/fsecon.2018.01.004 T2 - Fiscaoeconomia JF - Journal JO - JOR SP - 77 EP - 98 VL - 2 IS - 1 SN - -2564-7504 M3 - doi: 10.25295/fsecon.2018.01.004 UR - https://doi.org/10.25295/fsecon.2018.01.004 Y2 - 2018 ER -
EndNote %0 Fiscaoeconomia Jevons Paradox:An Econometric Analysis on Energy Efficiency and Rebound Effect %A Merter AKINCI , Haktan SEVİNÇ , Ömer YILMAZ %T Jevons Paradox:An Econometric Analysis on Energy Efficiency and Rebound Effect %D 2018 %J Fiscaoeconomia %P -2564-7504 %V 2 %N 1 %R doi: 10.25295/fsecon.2018.01.004 %U 10.25295/fsecon.2018.01.004
ISNAD AKINCI, Merter , SEVİNÇ, Haktan , YILMAZ, Ömer . "Jevons Paradox:An Econometric Analysis on Energy Efficiency and Rebound Effect". Fiscaoeconomia 2 / 1 (January 2018): 77-98. https://doi.org/10.25295/fsecon.2018.01.004