Doğalgaz Tüketimi ve Ekonomik Büyüme Arasındaki İlişkinin İncelenmesi: MIKTA Ülkeleri Örneği

Year 2022, Volume: 5 Issue: 2, 134 - 146, 30.12.2022

Anıl Lögün Buket Aydın Rahman Aydın

Abstract

Bu çalışma, Meksika, Endonezya, Güney Kore, Türkiye ve Avustralya'da (MIKTA) doğal gaz tüketimi ile ekonomik büyüme arasındaki ilişkiyi panel veri analizi ile incelemektedir. Çalışma, panel eşbütünleşme testleri, ortak korelasyonlu etkiler ortalama grubu (CCEMG) tahmincisi ve panel nedensellik testleri kullanılarak 1986'dan 2018'e kadar uzanmaktadır. Çalışma sonucunda doğal gaz tüketimi ile ekonomik büyüme arasında uzun dönemli bir ilişki olduğu sonucuna varılmıştır. CCEMG tahmin sonuçları doğalgaz tüketiminin ekonomik büyüme üzerindeki etkisinin ülkeler kapsamında farklı olduğunu göstermektedir. Panel nedensellik sonuçları MIKTA ülkeleri için doğalgaz tüketimi ve ekonomik büyüme arasında çift yönlü nedensellik olduğunu göstermiştir. Sonuçlar MIKTA için geri bildirim hipotezini onaylamaktadır.

Keywords

F43, P48, Q43

NATURAL GAS CONSUMPTION AND ECONOMIC GROWTH NEXUS: PANEL CAUSALITY METHOD FOR MIKTA COUNTRIES

Abstract

This study investigates the relationship between economic growth and natural gas consumption in Mexico, Indonesia, South Korea, Turkey and Australia (MIKTA) with panel data analysis. The study was investigated between 1986 and 2018 using panel cointegration tests, Common Correlated Effects Mean Group (CCEMG) estimator and panel causality tests. The result the study, it was concluded that there is a long-term relationship between natural gas consumption and economic growth. CCEMG estimation results show that natural gas consumption on economic growth differs across countries. The Panel causality results show bidirectional causality between economic growth and natural gas consumption for MIKTA countries. The results confirm the feedback hypothesis for MIKTA.

Keywords

F43, P48, Q43

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