THE RELATIONSHIP BETWEEN ALTERNATIVE AND NUCLEAR ENERGY RESOURCES AND ECONOMIC GROWTH IN TURKEY: A CAUSALITY ANALYSIS
TÜRKİYE’DE ALTERNATİF VE NÜKLEER ENERJİ KAYNAKLARI İLE EKONOMİK BÜYÜME İLİŞKİSİ’NİN NEDENSELLİK ANALİZİ

Author : Mustafa TORUSDAĞ -- Mustafa TORUSDAĞ - M. Akif ARVAS
Number of pages : 861-874

Abstract

Energy consumption, which is one of the main factors of economic development, is important both for being an important input used in production and as an input for economic growth. In addition to the causal relationship between energy consumption and economic growth, as well as being an important input to production, non-energy producing countries are becoming dependent on outside for the energy. In this case, countries are turning to alternative energy sources. In this study, the relationship between alternative and nuclear energy sources and economic growth in Turkey is examined by means of causality analysis using annual data for 1960-2015 period. According to the results, a negative causal relationship is found between economic growth and alternative and nuclear energy consumption.

Keywords

Economic Growth, Alternative Energy, Causality Analysis

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