Yıldırım, AbdulmecitKonat, Gökhan2024-08-042024-08-0420232651-32342651-3307https://doi.org/10.33399/biibfad.1295409https://search.trdizin.gov.tr/yayin/detay/1214889https://hdl.handle.net/11616/88733This 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.eninfo:eu-repo/semantics/openAccessArticle7210311710.33399/biibfad.12954091214889