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Effects of Oil and Natural Gas Prices on Industrial Production In the Eurozone Member Countries

Year 2014, Volume: 4 Issue: 2, 238 - 247, 01.06.2014

Yılmaz Bayar Cuneyt Kılıc

https://izlik.org/JA66TM25JG

Abstract

Industrial production is one of the leading indicators of gross domestic product which reflects the overall economic performance of a country. In other words decreases or increases in industrial production point out a contracting or expanding economy. Therefore, changes in prices of oil and natural gas which are the crucial inputs to the industrial production are also important for the overall economy. This study examines the effects of changes in oil and natural gas prices on the industrial production in the 18 Eurozone member countries during the period January 2001-September 2013 by using panel regression. We found that oil prices and natural gas prices had negative effect on industrial production in the Eurozone member countries.

Keywords

Oil Prices Natural Gas Prices Industrial Production Eurozone Member Countries Panel Data Analysis

Year 2014, Volume: 4 Issue: 2, 238 - 247, 01.06.2014

Yılmaz Bayar Cuneyt Kılıc

https://izlik.org/JA66TM25JG

Abstract

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Details

Other ID JA32AD92RU
Authors

Yılmaz Bayar This is me

Cuneyt Kılıc This is me

Publication Date June 1, 2014
IZ https://izlik.org/JA66TM25JG
Published in Issue Year 2014 Volume: 4 Issue: 2

Cite

APA Bayar, Y., & Kılıc, C. (2014). Effects of Oil and Natural Gas Prices on Industrial Production In the Eurozone Member Countries. International Journal of Energy Economics and Policy, 4(2), 238-247. https://izlik.org/JA66TM25JG
AMA 1.Bayar Y, Kılıc C. Effects of Oil and Natural Gas Prices on Industrial Production In the Eurozone Member Countries. IJEEP. 2014;4(2):238-247. https://izlik.org/JA66TM25JG
Chicago Bayar, Yılmaz, and Cuneyt Kılıc. 2014. “Effects of Oil and Natural Gas Prices on Industrial Production In the Eurozone Member Countries”. International Journal of Energy Economics and Policy 4 (2): 238-47. https://izlik.org/JA66TM25JG.
EndNote Bayar Y, Kılıc C (June 1, 2014) Effects of Oil and Natural Gas Prices on Industrial Production In the Eurozone Member Countries. International Journal of Energy Economics and Policy 4 2 238–247.
IEEE [1]Y. Bayar and C. Kılıc, “Effects of Oil and Natural Gas Prices on Industrial Production In the Eurozone Member Countries”, IJEEP, vol. 4, no. 2, pp. 238–247, June 2014, [Online]. Available: https://izlik.org/JA66TM25JG
ISNAD Bayar, Yılmaz - Kılıc, Cuneyt. “Effects of Oil and Natural Gas Prices on Industrial Production In the Eurozone Member Countries”. International Journal of Energy Economics and Policy 4/2 (June 1, 2014): 238-247. https://izlik.org/JA66TM25JG.
JAMA 1.Bayar Y, Kılıc C. Effects of Oil and Natural Gas Prices on Industrial Production In the Eurozone Member Countries. IJEEP. 2014;4:238–247.
MLA Bayar, Yılmaz, and Cuneyt Kılıc. “Effects of Oil and Natural Gas Prices on Industrial Production In the Eurozone Member Countries”. International Journal of Energy Economics and Policy, vol. 4, no. 2, June 2014, pp. 238-47, https://izlik.org/JA66TM25JG.
Vancouver 1.Yılmaz Bayar, Cuneyt Kılıc. Effects of Oil and Natural Gas Prices on Industrial Production In the Eurozone Member Countries. IJEEP [Internet]. 2014 Jun. 1;4(2):238-47. Available from: https://izlik.org/JA66TM25JG