The Relationship Between Natural Gas Consumption and Economic Growth in Selected Mena Countries

Abstract

The long-run relationship between natural gas consumption and economic growth is investigated in this study. The definition of this relationship has great importance in determining appropriate sustainable growth policies. For this purpose, using panel data from 8 MENA countries, a long-term relationship between natural gas consumption and economic growth is investigated for the period 1989-2014. As a result of the econometric analyzes, the existence of the cointegration relation between natural gas consumption and economic growth and statistically significant long term coefficients are determined. Long-run coefficients show that natural gas consumption affects economic growth positively.

Keywords

• Natural Gas Consumption,Economic Growth,Panel Data Analysis

SEÇİLİ MENA ÜLKELERİNDE DOĞALGAZ TÜKETİMİ VE İKTİSADİ BÜYÜME ARASINDAKİ İLİŞKİ

Abstract

Çalışmada doğalgaz tüketimi ile iktisadi büyüme arasındaki uzun dönemli ilişki incelenmektedir. Bu ilişkinin tanımlanması, uygun sürdürülebilir büyüme politikalarının belirlenmesinde büyük öneme sahiptir. Bu amaçla 8 MENA ülke panel verisi kullanarak 1989-2014 dönemi için doğalgaz tüketimi ve iktisadi büyüme arasındaki uzun dönemli ilişki araştırılmaktadır. Ekonometrik analizler sonucunda, doğalgaz tüketimi ile ekonomik büyüme arasında eşbütünleşme ilişkisinin varlığına ve istatistiki olarak anlamlı uzun dönem katsayılarına ulaşılmıştır. Uzun dönemli katsayılar, doğalgaz tüketiminin ekonomik büyümeyi pozitif etkilediğini göstermektedir.

Keywords

• Doğalgaz Tüketimi,Panel Veri Analizi,İktisadi Büyüme

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