This study analyses the relationship between growth rate and the change in energy consumption per capita within the context of Turkish economy during the 1980-2015 period drawing upon the Engle-Granger, Fully Modified Ordinary Least Squares (FMOLS), Canonical Cointegrating Regression (CCR), Dynamic Ordinary Least Squares (DOLS) and Gregory-Hansen. The study results revealed a long-term equilibrium relationship between growth rate and the change in energy consumption per capita. The Engle-Granger, Gregory-Hansen, FMOLS, CCR and DOLS methods all yielded similar estimation results.
Key words: Keywords: Energy consumption, Engle-Granger, Gregory-Hansen, Fully Modified Ordinary Least Squares (FMOLS), Canonical Cointegrating Regression (CCR), Dynamic Ordinary Least Squares(DOLS) methods.
JEL Classification: C32, O4, Q43 Article Language: EnglishTurkish
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