the sub-components of
electricity consumption (industrial electricity consumption, residential and commercial, government offices and
street illuminations) and real gross domestic product by means of a structural VAR model for the Turkish economy.
The main purpose of the paper is to examine the impact of the aggregate electricity consumption innovations and the
sub-components of electricity consumption innovations on real gross domestic product. The impact of real gross
domestic product innovations on the aggregate electricity consumption and the sub-components of electricity energy
consumption is also analyzed. Both the structural factorization results and impulse-response functions show that
aggregate electricity consumption shocks and the sub-components shocks of electricity consumption has not
fluctuate real gross domestic product, while real gross domestic product innovations affect the total electrical energy
consumption and the sub-components of electricity consumption.
Keywords: Electricity Consumption, Real Gross Domestic Product, Structural VAR Model
Introduction
The