Causal Relationship Between Coal Consumption And Economic Growth In Turkey

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Ünye İktisadi ve İdari Bilimler Fakültesi Dergisi
Volume:1 Issue:2
Causal Relationship Between Coal Consumption And Economic Growth In Turkey

Causal Relationship Between Coal Consumption And Economic Growth In Turkey

Authors : Cengiz AKTAŞ

Pages : 78-83

View : 20 | Download : 8

Publication Date : 2018-02-07

Article Type : Research Paper

Abstract :Coal constitutes an important factor for the Turkey’s economic growth. In this paper an attempt is made to examine the short- and long-run causality between coal consumption and Gross National Product for Turkey using annual data covering the period 1970-2014. Tests for unit roots, cointegration, and Granger causality based on error correction model are applied. In this study was found that exists bidirectional Granger causality between coal consumption and economic growth in the short and long run .
Keywords : Coal Consumption, Economic Growth, Causality

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