The Relationship between Energy Security and Economic Growth: Evidence from Panel of Turkic World Countries

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dc.authoridKARTAL, GOKHAN/0000-0002-2006-6272
dc.contributor.authorKartal, Gokhan
dc.date.accessioned2024-11-07T13:24:06Z
dc.date.available2024-11-07T13:24:06Z
dc.date.issued2022
dc.departmentNiğde Ömer Halisdemir Üniversitesi
dc.description.abstractEnergy, which is the most strategic input of the modern world economy, is also an important element of international political competition. Although many studies in the current empirical literature provide evidence for the role of energy in economic growth, there are few studies in the empirical literature on energy security. In this context, it is aimed to make an important contribution to the literature with this study that examines the relationship between energy security and growth in the years 1992 to 2016 with the panel data set consisting of Turkey, Azerbaijan, Kazakhstan, Turkmenistan, and Uzbekistan, which are among the countries of the Turkic World. The Cross-section dependence has been determined in the data set used in the study, and it has been determined that the variables are stationary at the first difference by the CIPS test, which is one of the econometric methods suitable for this situation. Then, it has been concluded that there is a cointegration relationship between the variables by the panel Durbin-Hausman cointegration test. According to the AMG estimator, a 1% increase in energy security risk reduces economic growth by approximately 0.95%. These results demonstrate that energy security is an important policy issue for the Turkic World countries and emphasizes the importance of policies to be implemented in this direction.
dc.identifier.endpage192
dc.identifier.issn1301-0549
dc.identifier.issue101
dc.identifier.scopus2-s2.0-85130299930
dc.identifier.scopusqualityQ3
dc.identifier.startpage163
dc.identifier.trdizinid1110280
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/1110280
dc.identifier.urihttps://hdl.handle.net/11480/13917
dc.identifier.wosWOS:000797799200001
dc.identifier.wosqualityQ4
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.indekslendigikaynakTR-Dizin
dc.language.isotr
dc.publisherAhmet Yesevi Univ
dc.relation.ispartofBilig
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_20241106
dc.subjectEnergy Security
dc.subjectEnergy Economy
dc.subjectEnergy Geopolitics
dc.subjectTurkic World
dc.subjectGrowth
dc.subjectDurbin-Hausman Cointegration
dc.subjectAugmented Mean Group Estimator
dc.titleThe Relationship between Energy Security and Economic Growth: Evidence from Panel of Turkic World Countries
dc.title.alternativeEnerji Güvenliği ve Ekonomik Büyüme İlişkisi: Türk Dünyası Ülke Panelinden Kanıtlar
dc.typeArticle

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