Are the effects of energy security on economic growth symmetric or asymmetric in Turkey? An application of non-linear ARDL

dc.authoridKARTAL, GOKHAN/0000-0002-2006-6272
dc.contributor.authorKartal, Gokhan
dc.date.accessioned2024-11-07T13:24:49Z
dc.date.available2024-11-07T13:24:49Z
dc.date.issued2022
dc.departmentNiğde Ömer Halisdemir Üniversitesi
dc.description.abstractThis paper is examined whether the relationship between economic growth and energy security risk level is symmetric or asymmetric in the case of Turkey between 1980 and 2018. What makes different of this study from the others few studies that examine the effects of energy security on economic growth by considering the 4A of energy security is that it examines the asymmetric impacts of energy security on economic growth by using the NARDL method. Accordingly, the results of the linear ARDL demonstrate that there is no long-term relationship between energy security risk level and economic growth. On the other hand, the results of the non-linear ARDL indicate that there is an asymmetrical relationship between economic growth and energy security risk level both in the long and short-term. Furthermore, according to the NARDL results, a 1% increase in energy security risk level decreases economic growth by approximately 0.60%, while a 1% decrease in energy security risk level increases economic growth by approximately 1.72%. These results demonstrate that economic growth in Turkey is significantly affected by positive and negative changes in the energy security risk level. Therefore, the results reveal the importance of policies to ensure energy security and allow for important policy implications for policymakers.
dc.identifier.doi10.21121/eab.952967
dc.identifier.endpage502
dc.identifier.issn1303-099X
dc.identifier.issue4
dc.identifier.startpage487
dc.identifier.trdizinid1121403
dc.identifier.urihttps://doi.org/10.21121/eab.952967
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/1121403
dc.identifier.urihttps://hdl.handle.net/11480/14346
dc.identifier.volume22
dc.identifier.wosWOS:000859290000008
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakTR-Dizin
dc.language.isoen
dc.publisherEge Univ, Fac Economics & Admin Sciences
dc.relation.ispartofEge Academic Review
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_20241106
dc.subjectEnergy Security
dc.subjectEconomic Growth
dc.subjectEnergy Policy
dc.subjectNon-linear ARDL
dc.subjectNARDL
dc.subjectTurkish Economy
dc.titleAre the effects of energy security on economic growth symmetric or asymmetric in Turkey? An application of non-linear ARDL
dc.typeReview Article

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