For last years, it has been hotissue that transition to daylight saving time has some important consequencesrelated to the electricity consumption, human health, performance, behavior andwell-being of individuals. Since the cabinet decision in 2016, Turkey has beenimplementing the summertime throughout the whole year in order to save energy. Therefore,the main aim of this study is to analyze the effects of this change on economicgrowth and labor productivity by employing quarterly data for the time period 2006:Q1and 2018:Q1 for Turkey and Threshold AR model in order to incorporate thenonlinear behavior in considered time series. The results show significanteffect of this policy change as well as nonlinear behavior in the time seriesdue to continuous fluctuations in the data throughout time which can beclassified into at least two regimes as recession and expansion. As aconclusion, the countries should evaluate the effects of daylight saving time (DST)on different indicators before any change in the implementation.
Publish Year: 2019
