Exploring the Relationship Between Oil Prices and Economic Growth in Türkiye
dc.contributor.author | Yıldırım, Abdulmecit | |
dc.contributor.author | Konat, Gökhan | |
dc.date.accessioned | 2024-08-04T19:42:50Z | |
dc.date.available | 2024-08-04T19:42:50Z | |
dc.date.issued | 2023 | |
dc.department | İnönü Üniversitesi | en_US |
dc.description.abstract | This study investigates the existence of a long-run relationship between economic growth and oil prices in Türkiye, using annual data for the period 1987-2019. First, the stationarity of the variables is evaluated using the Residual Augmented Least Squares (RALS) based ADF unit root test. Second, the RALS-based cointegration test is used to investigate the longrun relationship between the variables. The findings indicate that there is no long-run relationship between economic growth and oil prices in Türkiye. As a result, it is concluded that the series does not return to equilibrium in the long run and oil price shocks during the financial turmoil may affect economic growth. | en_US |
dc.identifier.doi | 10.33399/biibfad.1295409 | |
dc.identifier.endpage | 117 | en_US |
dc.identifier.issn | 2651-3234 | |
dc.identifier.issn | 2651-3307 | |
dc.identifier.issue | 2 | en_US |
dc.identifier.startpage | 103 | en_US |
dc.identifier.trdizinid | 1214889 | en_US |
dc.identifier.uri | https://doi.org/10.33399/biibfad.1295409 | |
dc.identifier.uri | https://search.trdizin.gov.tr/yayin/detay/1214889 | |
dc.identifier.uri | https://hdl.handle.net/11616/88733 | |
dc.identifier.volume | 7 | en_US |
dc.indekslendigikaynak | TR-Dizin | en_US |
dc.language.iso | en | en_US |
dc.relation.ispartof | Bingöl Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi (Online) | en_US |
dc.relation.publicationcategory | Makale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
dc.rights | info:eu-repo/semantics/openAccess | en_US |
dc.title | Exploring the Relationship Between Oil Prices and Economic Growth in Türkiye | en_US |
dc.type | Article | en_US |