HOW COSTLY IS ENERGY CONSERVATION? THE ENERGY-GDP RELATIONSHIP RE-EXAMINED FOR TURKEY

نویسندگان

چکیده

Economic structure, technology, consumption habits, cultural and similar values vary greatly between countries. Energy included in this structure is theoretically thought to be related growth output. Could slowing the cost of reducing energy consumption? In study, using annual data 1970 2019, it was investigated whether per capita affects income asymmetrically or not by NARDL model. The feature that makes study different from studies interprets short long-term asymmetric effects with analysis model used a unique contribution literature. findings gave us conclusion affected same way shocks experienced consumption, has been observed effect positive greater long run. However, we conclude negative are more effective than term. Thus, see increase term increases income, decrease high as well impact on Based fact conservation approach managed balanced way, one reasons for slowdown national rates countries may due Accepting term.Keywords: economic growth, asymmetricJEL Classifications: Q43, P44, O47, C12DOI: https://doi.org/10.32479/ijeep.11428

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ژورنال

عنوان ژورنال: International Journal of Energy Economics and Policy

سال: 2021

ISSN: ['2146-4553']

DOI: https://doi.org/10.32479/ijeep.11428