Jevons Paradox:An Econometric Analysis on Energy Efficiency and Rebound Effect

Merter AKINCI; Haktan SEVİNÇ; Ömer YILMAZ

doi:https://doi.org/10.25295/fsecon.2018.01.004

Makale detayları

Jevons Paradox:An Econometric Analysis on Energy Efficiency and Rebound Effect

Yazarlar:

Merter AKINCI | Haktan SEVİNÇ | Ömer YILMAZ

Yayıncı:

Ahmet Arif EREN

Ana Başlıklar:

Yönetim

Dergi:

Fiscaoeconomia 2018 Vol.2 Issue 1, pp.77-98

Belge Tipi:

Makale

Yayın Tarihi:

1/2018

Belge Dili:

İngilizce

Document ID (Org No.):

2000710853

Sıklık:

Üç Yıllık

eISSN:

2564-7504

DOI:

https://doi.org/10.25295/fsecon.2018.01.004

Özet:

 

In this study, the effects of energy efficiency, rebound effect, on energy production, consumption, saving, import as well as inflation and current account deficit are examined using time series analysis in the period of 1967-2015 in Turkish economy. Firstly, in order to determine the stationary level of the variables ADF and PP unit root tests are used and the results show that all of the variables considered within the model are stationary at the first difference level. Second, the finding of Johansen-Juselius cointegration analyze reveals the existence of long-run relationships among variables, and Granger causality analysis reflects at least the validity of one-way causal links among variables. The findings of the VEC analysis point out that the Jevons Paradox or rebound effect is valid in the Turkish economy, which means that energy consumption rises as energy efficiency and production increases. In addition, the findings show that depending on increasing energy consumption energy import level rises and therefore current account deficit and inflation begin to deteriorate, also.

Makale detayları

Jevons Paradox:An Econometric Analysis on Energy Efficiency and Rebound Effect

Yazarlar: Merter AKINCI | Haktan SEVİNÇ | Ömer YILMAZ

Yayıncı: Ahmet Arif EREN

Ana Başlıklar: Yönetim

Dergi: Fiscaoeconomia 2018 Vol.2 Issue 1, pp.77-98

Belge Tipi: Makale

Yayın Tarihi: 1/2018

Belge Dili: İngilizce

Document ID (Org No.): 2000710853

Sıklık: Üç Yıllık

eISSN: 2564-7504

DOI: https://doi.org/10.25295/fsecon.2018.01.004

Sayı

Yazarlar:

Merter AKINCI | Haktan SEVİNÇ | Ömer YILMAZ

Yayıncı:

Ahmet Arif EREN

Ana Başlıklar:

Yönetim

Dergi:

Fiscaoeconomia 2018 Vol.2 Issue 1, pp.77-98

Belge Tipi:

Makale

Yayın Tarihi:

1/2018

Belge Dili:

İngilizce

Document ID (Org No.):

2000710853

Sıklık:

Üç Yıllık

eISSN:

2564-7504

DOI:

https://doi.org/10.25295/fsecon.2018.01.004