Türkiye de Ekonomik Büyüme ile Elektrik Tüketimi İlişkisi: Sınır Testi Yaklaşımı

Karagöl, Erdal Tanas; Erbaykal, Erman; Ertuğrul, Hasan Murat

doi:10.31671/dogus.2019.243

Cited by 68 publications

(20 citation statements)

References 6 publications

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“…If the estimated F-statistics is lower than the bottom bound of critical values, there is no co-integration relationship between the series (Narayan & Narayan, 2004). If the calculated F-statistics is between the bottom and upper critical values, no exact opinion can be made (Karagol, Erbaykal, & Ertugrul, 2007).…”

Section: Bound Test Co-integration Approachmentioning

confidence: 99%

The tourism-led growth hypothesis: empirical evidence from Turkey

Ertuğrul¹,

Mangır

2013

Current Issues in Tourism

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In the economic growth literature, the contribution of tourism to economic development has attracted great attention due to its significant roles as a source of foreign exchange earnings, creation of employment opportunities and an important source of public revenues in many countries. In this paper, we aim to analyse the empirical relationship between economic growth and tourism by employing different econometric techniques. First, we employed the Bound test approach developed by Pesaran, Shin, and Smith (2001, Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16(3), 289-326) in order to investigate the co-integration relationship between economic growth and tourism. Second, we used the Granger causality analysis for the 1998-2011 period and found evidence of a long-run unidirectional causality running from tourism to economic growth, but not vice versa. Our findings show that the Turkish case supports the tourism-led growth hypothesis (TLGH). Third, the autoregressive-distributed lag approach was employed in order to investigate the long-term and short-term static relationship between tourism and economic growth. The results show that tourism has a positive effect on gross domestic product and economic growth both in the long-term and short-term. Finally, the effect of tourism on economic growth was also investigated dynamically by employing the Kalman filter method. The findings of this method support the TLGH for Turkey.

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Section: Bound Test Co-integration Approachmentioning

confidence: 99%

The tourism-led growth hypothesis: empirical evidence from Turkey

Ertuğrul¹,

Mangır

2013

Current Issues in Tourism

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“…Engle-Granger's cointegration method revealed a long-term relationship between these two variables. Yamak and Güngör (1998) study of the period 1951-1994, Bakirtaş et al (2000 the period of 1962-1996, Sarı, Soytaş and Özdemir (2001) of the period of 1960-1995, Nişancı (2005 of the period of 1970, Erdoğdu (2006 of the period of 1984-2004, Halıcıoğlu (2007 of the period of 1968-2005, Karagöl, Erbaykal and Ertuğrul (2007) discussed the 1974-2000 period in their studies. In Turkey, between 1980-2000, economic growth increased by 4%, electricity consumption increased on average by 8%.…”

Section: Current Literaturesmentioning

confidence: 99%

“…While electricity consumption per capita has been 452 kWh since 1980, this figure was 1687 kWh in 2004 but compared to 8600 kWh, which is the average of OECD countries. (Karagöl et al, 2007) The common finding of all the studies in this field is that there is a long-term relationship between the consumption of residential and industrial electricity and economic growth. The fact that electrical energy consumption in the industry has started to increase with economic growth only shows that the relationship between electrical energy consumption and economic growth in residential areas is a two-way causality relationship.…”

Section: Current Literaturesmentioning

confidence: 99%

The Relationship among Electricity Consumption and Economic Growth in Turkey (2000-2017)

2019

JSTR

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Today, both developed and developing countries industries are using mainly fossil fuels. This situation entails environmental hazards and sustainability threatening risks as well. Production from renewable energy sources many may solve the environmental and the other problems. Electricity is an energy source that can not be ignored important contribution in terms of economic growth. If this condition which energy consumption rate of the developed countries, higher than in other countries is considered, In order to achieve the targeted economic growth, Turkey's energy production and consumption need to pay attention. In this study, on the relationship between electricity consumption and economic growth, during the period between 2000-2017 in Turkey, is discussed. As it performed previously in several studies, in this study, the close relationship between electricity consumption and economic growth was determined.

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“…If the calculated F-statistic is lower than the bottom bound of critical values, we conclude that there is no co-integration between the variables. However, if the calculated F-statistic remains between the two bounds, we cannot make a certain judgment (Erdal Karagöl, Erman Erbaykal, and Ertuğrul 2007). For our UECM model, we employ the Akaike and Schwarz information criteria to determine the appropriate lag number.…”

Section: The Bounds Test Co-integration Approachmentioning

confidence: 99%