Natural gas consumption and economic growth in Turkey: A bound test approach

IŞIK C.

Energy Systems, vol.1, no.4, pp.441-456, 2010 (Scopus) identifier

  • Publication Type: Article / Article
  • Volume: 1 Issue: 4
  • Publication Date: 2010
  • Doi Number: 10.1007/s12667-010-0018-1
  • Journal Name: Energy Systems
  • Journal Indexes: Scopus
  • Page Numbers: pp.441-456
  • Keywords: ARDL approach, Bound test, Co-integration, Economic growth, Gas consumption
  • Anadolu University Affiliated: No

Abstract

This paper examines the role of natural gas consumption in the Turkish economic growth by using ARDL model over the period of 1977-2008. In the study, economic growth and natural gas consumption variables used for bound test approach in empirical analysis was different order of integration (I (0) and I (1)). The results show that the natural gas consumption positively impacts the economic growth of Turkey in the short-run and a negative relationship between the variables in long run. © Springer-Verlag 2010.