Energy Consumption and Unemployment Nexus in Turkey

Furkan BEŞEL

Öz


This study investigates the relationship between energy consumption and unemployment in Turkey over the period from 1980 to 2015 by utilizing the Gregory-Hansen cointegration test and Toda-Yamamoto causality test. The Gregory-Hansen cointegration test results show that there is a cointegration relationship between the variables in the long run. According to Toda-Yamamoto causality test results, there is unidirectional causality relationship between variables from energy consumption to unemployment rates. Therefore, it is concluded that changes in energy consumption affects unemployment rates. It should be taken into consideration that energy consumption has effect on unemployment rates by policy makers.


Keywords: Energy consumption, Unemployment, Gregory-Hansen Cointegration Test, Toda-Yamamoto Causality Test





İletişim Adresi: Abant İzzet Baysal Üniversitesi İktisadi ve İdari Bilimler Fakültesi Ekonomik ve Sosyal Araştırmalar Dergisi 14030 Gölköy-BOLU

Tel: 0 374 254 10 00 / 14 86 Faks: 0 374 253 45 21 E-posta: iibfdergi@ibu.edu.tr

ISSN (Basılı) : 1306-2174
ISSN (Elektronik) : 1306-3553