In this study, using annual data between 1970 and 2019, it was investigated whether per capita energy consumption affects per capita income asymmetrically or not by using the NARDL model. The feature that makes this study different from similar studies is that it interprets the short and long-term asymmetric effects with the analysis model used and makes a unique contribution to the literature. The findings gave us the conclusion that income is affected in the same way by shocks experienced in energy consumption, and it has been observed that the effect of positive shocks is greater in the long run. |