Cointegration relationship between the two sides of the electric energy sector
Yükleniyor...
Dosyalar
Tarih
2008
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Selcuk University Research Center of Applied Mathematics
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
Energy is one of the basic micro dynamics of the general economy. Turkey as one of the candidate countries to the European Union is dependent on the petroleum and natural gas as the member states. Along with this, Turkey should turn to other energy sources bethinking the high population increase. In this article, we have investigated the relationship between the elecrtic energy production and consumption in Turkey. We observed that the production and consumption series are both non-stationary. Standart and the periodgram based unit root tests were employed to both series. The periodgram based unit root test is invariant to mean. Moreover, the distribution of critical values are free of the sample size and model selection. First, we observed that both of the series are non-stationary. Next, we have searched for a possible cointegration methods. We rejected the cointegration relationship for the consumption and supply side of the electric energy sector.
Açıklama
http://sjam.selcuk.edu.tr/sjam/article/view/208
Anahtar Kelimeler
Electricity energy sector, Unit root, Cointegration, Periodogram, Elektrik enerjisi sektörü, Birim kökü, Eşbütünleşme, Periyodogram
Kaynak
Selcuk Journal of Applied Mathematics
WoS Q Değeri
Scopus Q Değeri
Cilt
9
Sayı
Künye
Akdi, Y., Şahin, A., Atakan, C. (2008). Cointegration relationship between the two sides of the electric energy sector. Selcuk Journal of Applied Mathematics, 9 (2), 65-72.
