Do Energy Prices and Industrialization Affect Energy Intensity? The Case of Turkey Under Structural Breaks
نویسندگان
چکیده
This study differs from other studies with the research of energy density Turkey, which imports more than half its demand. While GDP per capita in Turkey increased by 347% 2019 compared to 1968, consumption 324% parallel this. In words, efficient use continues be a big problem despite technological developments. Therefore, it is considered important reduce intensity dependent on foreign energy. this study, relationship between capita, industrialization and prices, 1968-2019 period Turkish economy investigated. The unit root process was determined Perron (1989) Zivot Andrews (1992) tests, allow structural breaks as an empirical method, Gregory Hansen (1996), break cointegration test, used. Empirical findings have shown that there long-term variables. Fully Modified Least Squares Method (FMOLS) estimator used estimator. According estimation results, increase economic growth price increases reduces intensity. However, higher leads intensive
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ژورنال
عنوان ژورنال: Bingöl üniversitesi iktisadi ve idari bilimler fakültesi dergisi
سال: 2022
ISSN: ['2651-3234']
DOI: https://doi.org/10.33399/biibfad.1001739