International Conference on Eurasian Economies
10-12 July 2017 – Istanbul, TURKEY
Paper detail
Paper ID : 1936
Status : Paper published
Language : Turkish
Topic : Natural Resources and Environment
Presenter: Prof. Dr. Harun Bal
Session : 3C Kalkınma
The Place of Turkey among MINT Countries from Efficient Energy Use Perspective: A Comparative Decomposition Analysis
Etkin Enerji Kullanımı Bakımından Türkiye Ekonomisinin MINT Ülkelerindeki Yeri: Karşılaştırmalı Bir Ayrıştırma Analizi
- Prof. Dr. Harun Bal (Çukurova University, Türkiye)
- Asst. Prof. Dr. Banu Tanrıöver (Osmaniye Korkut Ata University, Türkiye)
- Asst. Prof. Dr. Müge Manga (Erzincan Binali Yıldırım University, Türkiye)
Abstract
The security of energy supply has become an important issue for energy-dependent countries due to increasing energy demand and energy input prices in recent years. Therefore, energy-dependent countries have developed energy safety strategies to reduce dependence. However, the environmental problems that occur because of the increase in energy consumption, countries had to adopt an economic development process, sustainable development strategies taking account of environmental factors together with economic growth. Thus, an energy input and optimal energy policies have become increasingly important. This paper investigates the real energy efficiency by decomposing the structural and production activities and energy consumption changes of MINT countries, namely, Mexico, Indonesia, Nigeria and Turkey for the period of 1990-2014 utilizing Logarithmic Average Division Index Method. The results show that Mexico uses energy more efficiently among the countries. Mexico is followed by Indonesia, Turkey and Nigeria, respectively.
JEL codes: Q43, E23, C02
Bal, Harun, Tanrıöver, Banu, Manga, Müge (2017). "The Place of Turkey among MINT Countries from Efficient Energy Use Perspective: A Comparative Decomposition Analysis" in Proceedings of International Conference of Eurasian Economies 2017, pp.392-400, Istanbul, TURKEY.
DOI: https://doi.org/10.36880/C08.01936
