@article{2017,title={Investigation of The Relationship Between Production And Energy: Ampirical Evidence For Turkey},abstractNode={The aim of this research is to examine the relationship between economic growth and energy in Turkey under the assumption of Cobb-Douglas production function within the time period 1990-2015. In order to determine the possible reciprocal relations between GDP, capital, labor and energy in line with objectives, Johansen cointegration is conducted for the long-run dynamics of variables, Vector Error Correction Model is applied for short-run dynamics, and Granger causality analyzes conducted for causality. The empirical evidence from the research results shows that the 1 unit increase in capital and labor for long-term dynamics has decreased the income respectively by 0.36 and 0.93 units, while the 1-unit increase in energy use has increased the revenue by 0.12 units. According to the results of short-term dynamics, it is seen that capital is the only variable that is statistically significant between income and explanatory variables. With reference to results of causality; the capital, the workforce, and the energy that causes the economy to grow. The main policy recommendation in our research is to try to make more use of renewable energy resources within total energy consumption. In addition, decision-makers need to focus on clean energy reforms in the process of identifying and implementing energy policies.},author={Halil İbrahim AYDIN-& Güller ŞAHİN},year={2017},journal={Journal of Academic Value Studies (JAVStudies)}}