THE EFFECTS OF POSITIVE AND NEGATIVE SHOCKS IN ENERGY SECURITY ON ECONOMIC GROWTH: EVIDENCE FROM ASYMMETRIC CAUSALITY ANALYSIS FOR TURKEY

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dc.authoridKARTAL, GOKHAN/0000-0002-2006-6272
dc.contributor.authorKartal, Gokhan
dc.date.accessioned2024-11-07T13:24:14Z
dc.date.available2024-11-07T13:24:14Z
dc.date.issued2022
dc.departmentNiğde Ömer Halisdemir Üniversitesi
dc.description.abstractIn this study, it is aimed to examine the causality relationship between energy security and growth in Turkey between the years 1980-2018, using Asymmetric Causality Test proposed by Hatemi-J (2012). The most important factor that makes this study important is that it is the only study to examine the asymmetric relationship between energy security and economic growth among the few studies that empirically examine the effects of energy security on economic growth. According to the classical causality analysis performed in this study, there is not causality relationship between energy security and economic growth. The Asymmetric Causality Test results of Hatemi-J (2012) reveals that there is one-way causality relationship from an increase in the energy security risk level (i.e., a positive shocks) to a negative shock in GDP, while there is not the causality relationship from a decrease in the energy security risk level (i.e., a negative shocks) to growth. This result, which implies that the effects of positive and negative shocks on growth are different at the level of energy security risk, demonstrate that the priority policies for energy security are the measures to prevent the emergence of factors that increase the energy security risk level.
dc.identifier.doi10.24818/18423264/56.1.22.14
dc.identifier.endpage239
dc.identifier.issn0424-267X
dc.identifier.issn1842-3264
dc.identifier.issue1
dc.identifier.scopus2-s2.0-85128474313
dc.identifier.scopusqualityQ3
dc.identifier.startpage223
dc.identifier.urihttps://doi.org/10.24818/18423264/56.1.22.14
dc.identifier.urihttps://hdl.handle.net/11480/13999
dc.identifier.volume56
dc.identifier.wosWOS:000777438800014
dc.identifier.wosqualityQ4
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherEditura Ase
dc.relation.ispartofEconomic Computation and Economic Cybernetics Studies and Research
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.subjectAsymmetric Causality
dc.subjectTurkey Economy
dc.titleTHE EFFECTS OF POSITIVE AND NEGATIVE SHOCKS IN ENERGY SECURITY ON ECONOMIC GROWTH: EVIDENCE FROM ASYMMETRIC CAUSALITY ANALYSIS FOR TURKEY
dc.typeArticle

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