Natural gas consumption and economic growth in Turkey: A bound test approach
Energy Systems, vol.1, no.4, pp.441-456, 2010 (Scopus)
- 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.