CAUSALITY RELATIONSHIP BETWEEN REAL GDP AND ELECTRICITY CONSUMPTION IN ROMANIA (2001-2010)

Kayhan S., Adiguzel U., Bayat T., Lebe F.

ROMANIAN JOURNAL OF ECONOMIC FORECASTING, cilt.13, sa.4, ss.169-183, 2010 (SSCI) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 13 Sayı: 4
  • Basım Tarihi: 2010
  • Dergi Adı: ROMANIAN JOURNAL OF ECONOMIC FORECASTING
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
  • Sayfa Sayıları: ss.169-183
  • Yozgat Bozok Üniversitesi Adresli: Evet

Özet

After Industrial Revolution, importance of energy in production has increased. As a result of two petroleum crisis, energy was included directly into the production function. While development level of countries has increased, energy consumption has also raised. Substantial increase in energy consumption with economic growth provide a motivation to investigate questions "Is there is a relationship between energy consumption and economic growth?" and if there is "What kind of relationship exists between them?".