Determinants of Economic Growth in Turkey in the Presence of Structural Breaks

被引:2
|
作者
Ketenci, Natalya [1 ]
Aydogan, Ebru Tomris [1 ]
机构
[1] Yeditepe Univ, Dept Econ, Istanbul, Turkey
关键词
Economic Growth; Natural Gas Consumption; Energy Use; Cointegration; Structural Breaks; Turkey; NATURAL-GAS CONSUMPTION; UNIT-ROOT TESTS; ENERGY-CONSUMPTION; ELECTRICITY CONSUMPTION; ERROR-CORRECTION; TRADE OPENNESS; TREND FUNCTION; CO2; EMISSIONS; COINTEGRATION; INCOME;
D O I
10.17233/sosyoekonomi.2019.04.01
中图分类号
F [经济];
学科分类号
02 ;
摘要
Sustainable economic growth is defined as a continuous increase in environmentally adjusted net domestic product (Bartelmus, 1994). This study investigates the role of natural gas consumption and trade openness in relation with the economic growth of Turkey for the period 1977-2017 throughout which Turkey underwent several political and economic shocks. To accomplish this, the paper employs the Kejriwal and Perron (2010) structural break test to investigate the relationship between economic growth and its determinants in the presence of structural shifts. By demonstrating the impacts of variables on economic growth through different sub-regimes, the outcomes underline the importance of structural breaks in estimations.
引用
收藏
页码:11 / 28
页数:18
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