dc.contributor.author |
Altay, Bülent |
|
dc.contributor.author |
Topcu, Mert |
|
dc.contributor.author |
Erdoğan, Ebru |
|
dc.date.accessioned |
2021-07-06T09:10:49Z |
|
dc.date.available |
2021-07-06T09:10:49Z |
|
dc.date.issued |
2013 |
|
dc.identifier.citation |
Altay, B., Topcu, M., Erdoğan, E. (2013). Oil Price, Output and Employment in Turkey: Evidence from Vector Error Correction Model. International Journal of Energy Economics and Policy. 3, 7-13. |
tr_TR |
dc.identifier.uri |
http://hdl.handle.net/20.500.11787/3609 |
|
dc.description.abstract |
This paper assesses the relationship among oil prices, real output growth and
employment in Turkey over the period 2000:1-2012:4 by using vector error correction methodology.
Empirical findings indicate a long-run relationship among the variables. Besides, short-run causality
results based on vector error correction model provide an evidence of bi-directional causality linkage
between oil prices and output, where uni-directional causality from oil prices and output to
employment is established. The long-run causality analysis on the other hand shows that (i) the oil prices and real output do not cause employment, (ii) employment and real output do not cause oil prices, and however (iii) the oil price and employment cause output. |
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dc.language.iso |
eng |
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dc.publisher |
EconJournals |
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dc.rights |
info:eu-repo/semantics/openAccess |
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dc.subject |
Turkish economy |
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dc.subject |
Oil price |
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dc.subject |
Output |
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dc.subject |
Employment |
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dc.title |
Oil price, output and employment in Turkey: Evidence from vector error correction model |
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dc.type |
article |
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dc.relation.journal |
International Journal of Energy Economics and Policy |
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dc.contributor.department |
Nevşehir Hacı Bektaş Veli Üniversitesi/iktisadi ve idari bilimler fakültesi/iktisat bölümü/iktisat teorisi anabilim dalı |
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dc.contributor.authorID |
39243 |
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dc.identifier.volume |
3 |
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dc.identifier.issue |
- |
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dc.identifier.startpage |
7 |
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dc.identifier.endpage |
13 |
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