Araştırma Makalesi

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

Cilt: 5 Sayı: 2 30 Aralık 2022
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NATURAL GAS CONSUMPTION AND ECONOMIC GROWTH NEXUS: PANEL CAUSALITY METHOD FOR MIKTA COUNTRIES

Öz

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.

Anahtar Kelimeler

Kaynakça

  1. Alam, M. S., Paramati, S. R., Shahbaz, M., ve Bhattacharya, M. (2017). Natural gas, trade and sustainable growth: empirical evidence from the top gas consumers of the developing world. Applied Economics, 49(7), 635-649.
  2. Apergis, N., ve Payne, J. E. (2010). Natural gas consumption and economic growth: a panel investigation of 67 countries. Applied Energy, 87(8), 2759-2763.
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  4. Aydin, M. (2018). Natural gas consumption and economic growth nexus for top 10 natural Gas–Consuming countries: A granger causality analysis in the frequency domain. Energy, 165, 179-186.
  5. Azam, A., Rafiq, M., Shafique, M., Zhang, H., ve Yuan, J. (2021). Analyzing the effect of natural gas, nuclear energy and renewable energy on GDP and carbon emissions: A multi-variate panel data analysis. Energy, 219, 119592.
  6. Balitskiy, S., Bilan, Y., Strielkowski, W., ve Štreimikienė, D. (2016). Energy efficiency and natural gas consumption in the context of economic development in the European Union. Renewable and Sustainable Energy Reviews, 55, 156-168.
  7. Bildirici, M. E., ve Bakirtas, T. (2014). The relationship among oil, natural gas and coal consumption and economic growth in BRICTS (Brazil, Russian, India, China, Turkey and South Africa) countries. Energy, 65, 134-144.
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Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomi

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

30 Aralık 2022

Gönderilme Tarihi

22 Mayıs 2022

Kabul Tarihi

30 Haziran 2022

Yayımlandığı Sayı

Yıl 2022 Cilt: 5 Sayı: 2

Kaynak Göster

APA
Lögün, A., Aydın, B., & Aydın, R. (2022). NATURAL GAS CONSUMPTION AND ECONOMIC GROWTH NEXUS: PANEL CAUSALITY METHOD FOR MIKTA COUNTRIES. Journal of Business Innovation and Governance, 5(2), 134-146. https://doi.org/10.54472/jobig.1119681
AMA
1.Lögün A, Aydın B, Aydın R. NATURAL GAS CONSUMPTION AND ECONOMIC GROWTH NEXUS: PANEL CAUSALITY METHOD FOR MIKTA COUNTRIES. JoBIG. 2022;5(2):134-146. doi:10.54472/jobig.1119681
Chicago
Lögün, Anıl, Buket Aydın, ve Rahman Aydın. 2022. “NATURAL GAS CONSUMPTION AND ECONOMIC GROWTH NEXUS: PANEL CAUSALITY METHOD FOR MIKTA COUNTRIES”. Journal of Business Innovation and Governance 5 (2): 134-46. https://doi.org/10.54472/jobig.1119681.
EndNote
Lögün A, Aydın B, Aydın R (01 Aralık 2022) NATURAL GAS CONSUMPTION AND ECONOMIC GROWTH NEXUS: PANEL CAUSALITY METHOD FOR MIKTA COUNTRIES. Journal of Business Innovation and Governance 5 2 134–146.
IEEE
[1]A. Lögün, B. Aydın, ve R. Aydın, “NATURAL GAS CONSUMPTION AND ECONOMIC GROWTH NEXUS: PANEL CAUSALITY METHOD FOR MIKTA COUNTRIES”, JoBIG, c. 5, sy 2, ss. 134–146, Ara. 2022, doi: 10.54472/jobig.1119681.
ISNAD
Lögün, Anıl - Aydın, Buket - Aydın, Rahman. “NATURAL GAS CONSUMPTION AND ECONOMIC GROWTH NEXUS: PANEL CAUSALITY METHOD FOR MIKTA COUNTRIES”. Journal of Business Innovation and Governance 5/2 (01 Aralık 2022): 134-146. https://doi.org/10.54472/jobig.1119681.
JAMA
1.Lögün A, Aydın B, Aydın R. NATURAL GAS CONSUMPTION AND ECONOMIC GROWTH NEXUS: PANEL CAUSALITY METHOD FOR MIKTA COUNTRIES. JoBIG. 2022;5:134–146.
MLA
Lögün, Anıl, vd. “NATURAL GAS CONSUMPTION AND ECONOMIC GROWTH NEXUS: PANEL CAUSALITY METHOD FOR MIKTA COUNTRIES”. Journal of Business Innovation and Governance, c. 5, sy 2, Aralık 2022, ss. 134-46, doi:10.54472/jobig.1119681.
Vancouver
1.Anıl Lögün, Buket Aydın, Rahman Aydın. NATURAL GAS CONSUMPTION AND ECONOMIC GROWTH NEXUS: PANEL CAUSALITY METHOD FOR MIKTA COUNTRIES. JoBIG. 01 Aralık 2022;5(2):134-46. doi:10.54472/jobig.1119681

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