Yazar "Yucel F." seçeneğine göre listele

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    An analytical approach on defense expenditure and economic growth: The case of Turkey and Greece
    (2006) Kalyoncu H.; Yucel F.
    Purpose - The objective of this study is to examine the relationship between defense expenditure and economic growth for Turkey and Greece in the period of 1956-2003 using yearly data. Design/methodology/approach - The Engle-Granger cointegration methodology and Granger causality test are used. Findings - It is found that these two variables are cointegrated for both countries studied. Unidirectional causality running from economic growth to defense expenditure is only found for Turkey. Originality/value - The paper investigates the long-run relationship between defense expenditure and economic growth by conducting cointegration and causality tests in the context of Turkey and Greece over the period 1956-2003. © Emerald Group Publishing Limited.
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    Energy consumption and economic growth nexus: Evidence from developed countries in Europe
    (Econjournals, 2014) Ucan O.; Aricioglu E.; Yucel F.
    This paper analyzes the relationship between renewable and non-renewable energy consumption and economic growth for a panel of fifteen European Union countries over the period 1990-2011 within a multivariate framework. The heterogeneous panel cointegration tests present a long-run equilibrium relationship between real GDP, renewable and non-renewable energy consumption, greenhouse gas emissions and research and development. The Granger-causality results demonstrate unidirectional causality between non-renewable energy consumption and economic growth.