Araştırma Makalesi

Energy Imports, Economic Growth, And the Current Account Deficit in Türkiye: Evidence From 1974–2023

Cilt: 9 Sayı: 4 23 Aralık 2025
PDF İndir
TR EN

Energy Imports, Economic Growth, And the Current Account Deficit in Türkiye: Evidence From 1974–2023

Öz

In this paper, we explore the relationship between energy imports, economic growth, and the current account deficit in Türkiye from 1974 to 2023. As an economy heavily dependent on energy imports, Türkiye has consistently faced current account imbalances, which raise concerns about the long-term sustainability of financing trade deficits and fulfilling external obligations without accumulating excessive foreign debt or reducing its international reserves. Using annual time series data, we employ the Augmented Dickey-Fuller (ADF), Phillips-Perron (PP), and Lee-Strazicich (LS) unit root tests to evaluate the stationarity of the variables. Additionally, we used symmetric and time-varying causality tests developed by Hacker and Hatemi-J to investigate both stable and evolving causal relationships among the variables. We further employ a VAR framework to examine the relationship between energy imports, economic growth, and the current account deficit in Türkiye. The findings indicate that a decrease in the current account balance causes an increase in energy imports. Namely, an improvement in the current account balance leads to a subsequent rise in energy imports with a three-year lag.

Anahtar Kelimeler

Kaynakça

  1. Berk, C., & Cin, K. O. (2018). On energy dependence, current account deficit and population in Turkey. Open Journal of Business and Management, 6(01), 183. http://www.scirp.org/journal/PaperInformation.aspx?PaperID=82061&#abstract
  2. Bildirici, M., & Kayıkçı, F. (2022). The relation between growth, energy imports, militarization and current account balance in China, Israel and South Korea. Energy, 242, 122537. https://doi.org/10.1016/j.energy.2021.122537
  3. Dickey, D. A., & Fuller, W. A. (1979). Distribution of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 74(366), 427–431. https://doi.org/10.2307/2286348
  4. Dickey, D. A., & Fuller, W. A. (1981). Likelihood ratio statistics for autoregressive time series with a unit root. Econometrica, 49(4), 1057–1072. https://doi.org/10.2307/1912517
  5. Ediger, V. Ş., & Berk, I. (2011). Crude oil import policy of Turkey: Historical analysis of determinants and implications since 1968. Energy Policy, 39(4), 2132-2142. https://doi.org/10.1016/j.enpol.2011.01.058
  6. Erkök, B. (2023). An Input-Output Analysis: The Linkages and Leakages of Exporting Sectors. Ekonomik Yaklaşım, 34(126), 65-85.
  7. Erkök, B., & Kütük, Y. (2023). Dependency on imported energy in Turkey: Input-output analysis. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi, 45(1), 47-70. DOI: 10.14780/muiibd.1317197
  8. Esen, Ö. & Bayrak, M. (2017). Does more energy consumption support economic growth in net energy-importing countries? Journal of Economics, Finance and Administrative Science, 22(42), 75-98. https://doi.org/10.1108/JEFAS-01-2017-0015

Ayrıntılar

Birincil Dil

İngilizce

Konular

Büyüme, Uluslararası İktisat (Diğer)

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

23 Aralık 2025

Gönderilme Tarihi

6 Eylül 2025

Kabul Tarihi

23 Kasım 2025

Yayımlandığı Sayı

Yıl 2025 Cilt: 9 Sayı: 4

Kaynak Göster

APA
Erkök, B. (2025). Energy Imports, Economic Growth, And the Current Account Deficit in Türkiye: Evidence From 1974–2023. Politik Ekonomik Kuram, 9(4), 1797-1815. https://doi.org/10.30586/pek.1779052
AMA
1.Erkök B. Energy Imports, Economic Growth, And the Current Account Deficit in Türkiye: Evidence From 1974–2023. PEK. 2025;9(4):1797-1815. doi:10.30586/pek.1779052
Chicago
Erkök, Banu. 2025. “Energy Imports, Economic Growth, And the Current Account Deficit in Türkiye: Evidence From 1974–2023”. Politik Ekonomik Kuram 9 (4): 1797-1815. https://doi.org/10.30586/pek.1779052.
EndNote
Erkök B (01 Aralık 2025) Energy Imports, Economic Growth, And the Current Account Deficit in Türkiye: Evidence From 1974–2023. Politik Ekonomik Kuram 9 4 1797–1815.
IEEE
[1]B. Erkök, “Energy Imports, Economic Growth, And the Current Account Deficit in Türkiye: Evidence From 1974–2023”, PEK, c. 9, sy 4, ss. 1797–1815, Ara. 2025, doi: 10.30586/pek.1779052.
ISNAD
Erkök, Banu. “Energy Imports, Economic Growth, And the Current Account Deficit in Türkiye: Evidence From 1974–2023”. Politik Ekonomik Kuram 9/4 (01 Aralık 2025): 1797-1815. https://doi.org/10.30586/pek.1779052.
JAMA
1.Erkök B. Energy Imports, Economic Growth, And the Current Account Deficit in Türkiye: Evidence From 1974–2023. PEK. 2025;9:1797–1815.
MLA
Erkök, Banu. “Energy Imports, Economic Growth, And the Current Account Deficit in Türkiye: Evidence From 1974–2023”. Politik Ekonomik Kuram, c. 9, sy 4, Aralık 2025, ss. 1797-15, doi:10.30586/pek.1779052.
Vancouver
1.Banu Erkök. Energy Imports, Economic Growth, And the Current Account Deficit in Türkiye: Evidence From 1974–2023. PEK. 01 Aralık 2025;9(4):1797-815. doi:10.30586/pek.1779052

Bu eser Creative Commons Atıf 4.0 Uluslararası Lisansı ile lisanslanmıştır.