Financial development and energy consumption in Turkey: Empirical evidence from cointegration and causality tests

Basit Öğe Kaydı
dc.authorscopusid57217859668
dc.authorscopusid57105573900
dc.authorscopusid56780045800
dc.authorscopusid57095945100
dc.contributor.authorÇetin, Murat
dc.contributor.authorEcevit, Eyyup
dc.contributor.authorSeker, F.
dc.contributor.authorGünaydın, Davuthan
dc.date.accessioned2022-05-11T14:12:21Z
dc.date.available2022-05-11T14:12:21Z
dc.date.issued2015
dc.departmentFakülteler, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü
dc.departmentFakülteler, İktisadi ve İdari Bilimler Fakültesi, Çalışma Ekonomisi ve Endüstri İlişkileri Bölümü
dc.description.abstractThis chapter investigates the cointegration and causal relationship between financial development and energy consumption in the case of Turkey over the period 1960-2011. In doing so, the ARDL bounds testing and Johansen-Juselius approaches to cointegration and Granger causality test based on vectorerror correction model are employed. The empirical results show that the series are cointegrated. The empirical results also show a positive and statistically significant relationship between financial development and energy consumption in the long run. In addition, a unidirectional causality running from financial development to energy consumption is found in the short and long run. Thus, this chapter provides an empirical evidence that financial development is a determinant of energy consumption in Turkey. This chapter also presents some implications for Turkey's energy policy. © 2015, IGI Global. All rights reserved.
dc.identifier.doi10.4018/978-1-4666-7484-4.ch018
dc.identifier.endpage314
dc.identifier.isbn9781466674851
dc.identifier.isbn1466674849
dc.identifier.isbn9781466674844
dc.identifier.scopus2-s2.0-84957652425
dc.identifier.startpage297
dc.identifier.urihttps://doi.org/10.4018/978-1-4666-7484-4.ch018
dc.identifier.urihttps://hdl.handle.net/20.500.11776/5517
dc.indekslendigikaynakScopus
dc.institutionauthorÇetin, Murat
dc.institutionauthorGünaydın, Davuthan
dc.language.isoen
dc.publisherIGI Global
dc.relation.ispartofHandbook of Research on Behavioral Finance and Investment Strategies: Decision Making in the Financial Industry
dc.relation.publicationcategoryKitap Bölümü - Uluslararasıen_US
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.titleFinancial development and energy consumption in Turkey: Empirical evidence from cointegration and causality tests
dc.typeBook Chapter

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
Küçük Resim Yok
İsim:
5517.pdf
Boyut:
524.5 KB
Biçim:
Adobe Portable Document Format
Açıklama:
Tam Metin / Full Text
İndir

Koleksiyon

Scopus İndeksli Yayınlar Koleksiyonu
İktisadi ve İdari Bilimler Fakültesi Koleksiyonu