Oil Price, Output and Employment in Turkey: Evidence from Vector Error Correction Model
This paper assesses the relationship among oil prices, real output growth and employment in Turkey over the period 2000:1-2012:4 by using vector error correction methodology. Empirical findings indicate a long-run relationship among the variables. Besides, short-run causality results based on vector...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2013-12-01
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Series: | International Journal of Energy Economics and Policy |
Subjects: | |
Online Access: | https://dergipark.org.tr/tr/pub/ijeeep/issue/31907/350758?publisher=http-www-cag-edu-tr-ilhan-ozturk |