dc.contributor.author | Çetin, Murat | |
dc.contributor.author | Ecevit, Eyyup | |
dc.contributor.author | Seker, F. | |
dc.contributor.author | Günaydın, Davuthan | |
dc.date.accessioned | 2022-05-11T14:12:21Z | |
dc.date.available | 2022-05-11T14:12:21Z | |
dc.date.issued | 2015 | |
dc.identifier.isbn | 9781466674851 | |
dc.identifier.isbn | 1466674849 | |
dc.identifier.isbn | 9781466674844 | |
dc.identifier.uri | https://doi.org/10.4018/978-1-4666-7484-4.ch018 | |
dc.identifier.uri | https://hdl.handle.net/20.500.11776/5517 | |
dc.description.abstract | This 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. | en_US |
dc.language.iso | eng | en_US |
dc.publisher | IGI Global | en_US |
dc.identifier.doi | 10.4018/978-1-4666-7484-4.ch018 | |
dc.rights | info:eu-repo/semantics/closedAccess | en_US |
dc.title | Financial development and energy consumption in Turkey: Empirical evidence from cointegration and causality tests | en_US |
dc.type | bookPart | en_US |
dc.relation.ispartof | Handbook of Research on Behavioral Finance and Investment Strategies: Decision Making in the Financial Industry | en_US |
dc.department | Fakülteler, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü | en_US |
dc.department | Fakülteler, İktisadi ve İdari Bilimler Fakültesi, Çalışma Ekonomisi ve Endüstri İlişkileri Bölümü | en_US |
dc.identifier.startpage | 297 | en_US |
dc.identifier.endpage | 314 | en_US |
dc.institutionauthor | Çetin, Murat | |
dc.institutionauthor | Günaydın, Davuthan | |
dc.relation.publicationcategory | Kitap Bölümü - Uluslararası | en_US |
dc.authorscopusid | 57217859668 | |
dc.authorscopusid | 57105573900 | |
dc.authorscopusid | 56780045800 | |
dc.authorscopusid | 57095945100 | |
dc.identifier.scopus | 2-s2.0-84957652425 | en_US |