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- Title
AB Ülkelerinde Doğalgaz Tüketimi ve Ekonomik Büyüme: İki Yönlü Panel Veri Modeli.
- Authors
Sarıtaş, Tufan
- Abstract
In this study, the relationship between natural gas consumption and economic growth in 25 EU countries for the period of 2000-2020 was analyzed with the help of two different econometric models using a two-way panel data model. In the results of Model 1, where economic growth is a dependent variable and natural gas consumption is an independent variable; It has been observed that as natural gas consumption increases, economic growth increases, whereas natural gas consumption decreases, economic growth decreases. Dependent on economic growth; In the findings of Model 2, where natural gas consumption, physical investments, exports and population series are independent variables, it was determined that all independent variables had a positive effect on the dependent variable. If we express it in terms of the subject we discussed; Similarly, in the findings of Model 2, it was observed that economic growth increased as natural gas consumption increased, whereas economic growth decreased as natural gas consumption decreased.
- Subjects
EUROPEAN Union; NATURAL gas consumption; ECONOMIC expansion; ECONOMETRIC models; CONSUMPTION (Economics); PANEL analysis
- Publication
Balkan Journal of Social Sciences / Balkan Sosyal Bilimler Dergisi, 2022, Vol 11, Issue 21, p86
- ISSN
1309-9841
- Publication type
Article