In this study we examine possible nonlinearities in dynamic interrelationship between energy consumption and economic growth in Turkey for the 1960–2010 period by using a smooth transition vector autoregressive model. In order to trace the effects of one variable on another, we calculate...

In this paper, we investigate possible nonlinearities in the inflation-output relationship in Turkey for the 1980-2008 period. We first estimate a linear bivariate model for the inflation rate and output gap, and test for linearity of the estimated model against nonlinear alternatives. Linearity...