Kaplan, Muhittin; Ozturk, Ilhan; Kalyoncu, Huseyin - In: Journal for Economic Forecasting (2011) 2, pp. 31-41
This paper examines the causal relationship between energy consumption and economic growth for Turkey during 1971–2006. We employed two multivariate models, namely demand model and production model, based on vector error correction model. Then, we tested Granger causality after finding...