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Jevons Paradoksu: Enerji Etkinliği ve Rebound Etkisi Üzerine Ekonometrik Bir Analiz

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  • Merter AKINCI, Haktan SEVİNÇ, Ömer YILMAZ

Abstract

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.

Suggested Citation

  • Merter AKINCI, Haktan SEVİNÇ, Ömer YILMAZ, 2018. "Jevons Paradoksu: Enerji Etkinliği ve Rebound Etkisi Üzerine Ekonometrik Bir Analiz," Fiscaoeconomia, Tubitak Ulakbim JournalPark (Dergipark), issue 1.
    • Handle: RePEc:fis:journl:180104
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    More about this item

    Keywords

    Jevons Paradox; Rebound Effect; Energy Efficiency;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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