Correlations between energy consumption per capita, growth rate, industrialisation, trade volume and urbanisation: the case of Turkey

Main Article Content

Funda Yurdakul

Abstract

This study examines the relationship of energy consumption per capita with growth rate, industrialisation, trade volume and urbanisation in Turkish economy throughout the 1980–2015 period using the Engle-Granger, Fully modified ordinary least squares (FMOLS), canonical cointegration regression (CCR) and dynamic ordinary least squares (DOLS) methods. Analysis results revealed a long-run equilibrium relationship between the change in energy consumption per capita and growth rate, industrialisation, trade volume and urbanisation. Urbanisation, industrialisation, growth rate and trade volume positively influence the change in energy consumption per capita. Keywords: Energy consumption, Engle-Granger method, fully modified ordinary least squares (FMOLS) method, canonical cointegration regression (CCR), dynamic ordinary least squares (DOLS) method.

Downloads

Download data is not yet available.

Article Details

How to Cite
YURDAKUL, Funda. Correlations between energy consumption per capita, growth rate, industrialisation, trade volume and urbanisation: the case of Turkey. New Trends and Issues Proceedings on Humanities and Social Sciences, [S.l.], v. 4, n. 10, p. 118-127, jan. 2018. ISSN 2547-8818. Available at: <https://sproc.org/ojs/index.php/pntsbs/article/view/3085>. Date accessed: 22 jan. 2018. doi: https://doi.org/10.18844/prosoc.v4i10.3085.
Section
Articles