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The Relationship Between Nuclear Energy Consumption And Economic Performance: An Empiric Analysis on Selected Countries

Cilt: 9 Sayı: 3 30 Eylül 2020
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The Relationship Between Nuclear Energy Consumption And Economic Performance: An Empiric Analysis on Selected Countries

Öz

Energy production is important for the development of developing countries. The future of nuclear energy depends on the people living in that country gaining their tolerance and being able to continue this tolerance in a safe way. This is seen as an important condition, especially for industrialized countries. In developing countries, even if nuclear energy is not used in industrial terms, it is used in medical terms, radioactive examination and various fields. The aim of the study is to determine the relationship between nuclear energy consumption and economic performance in the countries that are ranked first in nuclear energy consumption by econometric analyses and to make recommendations to policy decision makers. For this purpose, it has been investigated whether there is a long or short term relationship between nuclear energy consumption and economic performance in countries (Germany, the United States, the United Kingdom, China, France, South Korea, India, Japan, Canada, Russia and Ukraine) that are in the first place in nuclear energy consumption in the world by using panel data methods. In the analysis, Pooled Mean Group Estimator (PMGE), Mean Group Estimator (MGE) and Dynamic Fixed Effects (DFE) methods are used using the normalized annual data for the period 1997-2017 compiled from the World Bank Development Indicators and BP World Energy Statistics Reports. As a result of the econometric analysis conducted through the Stata program, it has been concluded that nuclear energy consumption does not have an impact on economic performance in the short term, whereas nuclear energy consumption in other countries, except Japan, has an impact on economic performance in the long term. In the panel data method, it will be important for economic performance and efficiency to be followed by policy decision makers considering the findings from the analysis provided for each country separately.

Anahtar Kelimeler

Nuclear Energy Consumption, Economic Performance, Pooled Mean Group Estimator, Mean Group Estimator, Dynamic Fixed Effects

Kaynakça

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Kaynak Göster

APA
Şimşek, T., & Usta, C. (2020). The Relationship Between Nuclear Energy Consumption And Economic Performance: An Empiric Analysis on Selected Countries. İnsan ve Toplum Bilimleri Araştırmaları Dergisi, 9(3), 2636-2661. https://doi.org/10.15869/itobiad.785764
AMA
1.Şimşek T, Usta C. The Relationship Between Nuclear Energy Consumption And Economic Performance: An Empiric Analysis on Selected Countries. itobiad. 2020;9(3):2636-2661. doi:10.15869/itobiad.785764
Chicago
Şimşek, Türker, ve Cihan Usta. 2020. “The Relationship Between Nuclear Energy Consumption And Economic Performance: An Empiric Analysis on Selected Countries”. İnsan ve Toplum Bilimleri Araştırmaları Dergisi 9 (3): 2636-61. https://doi.org/10.15869/itobiad.785764.
EndNote
Şimşek T, Usta C (01 Eylül 2020) The Relationship Between Nuclear Energy Consumption And Economic Performance: An Empiric Analysis on Selected Countries. İnsan ve Toplum Bilimleri Araştırmaları Dergisi 9 3 2636–2661.
IEEE
[1]T. Şimşek ve C. Usta, “The Relationship Between Nuclear Energy Consumption And Economic Performance: An Empiric Analysis on Selected Countries”, itobiad, c. 9, sy 3, ss. 2636–2661, Eyl. 2020, doi: 10.15869/itobiad.785764.
ISNAD
Şimşek, Türker - Usta, Cihan. “The Relationship Between Nuclear Energy Consumption And Economic Performance: An Empiric Analysis on Selected Countries”. İnsan ve Toplum Bilimleri Araştırmaları Dergisi 9/3 (01 Eylül 2020): 2636-2661. https://doi.org/10.15869/itobiad.785764.
JAMA
1.Şimşek T, Usta C. The Relationship Between Nuclear Energy Consumption And Economic Performance: An Empiric Analysis on Selected Countries. itobiad. 2020;9:2636–2661.
MLA
Şimşek, Türker, ve Cihan Usta. “The Relationship Between Nuclear Energy Consumption And Economic Performance: An Empiric Analysis on Selected Countries”. İnsan ve Toplum Bilimleri Araştırmaları Dergisi, c. 9, sy 3, Eylül 2020, ss. 2636-61, doi:10.15869/itobiad.785764.
Vancouver
1.Türker Şimşek, Cihan Usta. The Relationship Between Nuclear Energy Consumption And Economic Performance: An Empiric Analysis on Selected Countries. itobiad. 01 Eylül 2020;9(3):2636-61. doi:10.15869/itobiad.785764