Disaggregate energy consumption, employment and income in Turkey

dc.authorid0000-0002-8276-7648en_US
dc.authorid0000-0002-6143-289Xen_US
dc.contributor.authorSarı, Ramazan
dc.contributor.authorSoytaş, Uğur
dc.date.accessioned2021-06-23T19:17:59Z
dc.date.available2021-06-23T19:17:59Z
dc.date.issued2004
dc.departmentBAİBÜ, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümüen_US
dc.description.abstractThe purpose of this paper is to contribute to literature on energy consumption and economic growth relationship by examining how much of the variance in national income growth can be explained by the growth of different sources of energy consumption and employment in Turkey. We use the recently developed generalized forecast error variance decomposition technique of Koop et al. [J. Econom. 74 (1996) 119] and Pesaran and Shin [Econ. Lett. 58 (1998) 17] to determine the information content of the growth rate of energy consumption. Waste seems to have the largest initial impact, followed by oil. However, over a 3-year horizon lignite appears to explain the largest forecast error variance of GDP. The total energy consumption explains 21% of forecast error variance of GDP. Energy consumption appears to be almost as important as employment in Turkey. Therefore, policy-makers may be interested in identifying the energy dependencies of economic growth in allocating the energy investment budget.en_US
dc.identifier.doi10.1016/j.eneco.2004.04.014
dc.identifier.endpage344en_US
dc.identifier.issn0140-9883
dc.identifier.issue3en_US
dc.identifier.scopus2-s2.0-2942753818en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage335en_US
dc.identifier.urihttps://doi.org/10.1016/j.eneco.2004.04.014
dc.identifier.urihttps://hdl.handle.net/20.500.12491/5605
dc.identifier.volume26en_US
dc.identifier.wosWOS:000222557700004en_US
dc.identifier.wosqualityQ3en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.institutionauthorSarı, Ramazan
dc.language.isoenen_US
dc.publisherElsevier Science Bven_US
dc.relation.ispartofEnergy Economicsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectDisaggregate Energy Consumptionen_US
dc.subjectEconomic Growthen_US
dc.subjectGeneralized Forecast Error Variance Decomposition Analysisen_US
dc.titleDisaggregate energy consumption, employment and income in Turkeyen_US
dc.typeArticleen_US

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