Natural Gas Consumption and Economic Growth: A Panel Investigation of 67 Countries
This study examines the relationship between natural gas consumption and economic growth for a panel of 67 countries within a multivariate framework over the period 1992–2005. Pedroni’s [24] and [26] heterogeneous panel cointegration test reveals there is a long-run equilibrium relationship between...
| Main Authors: | , |
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| Format: | Journal Article |
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Elsevier
2010
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| Online Access: | http://hdl.handle.net/20.500.11937/26444 |
| _version_ | 1848751988249985024 |
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| author | Apergis, Nicholas Payne, J. |
| author_facet | Apergis, Nicholas Payne, J. |
| author_sort | Apergis, Nicholas |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | This study examines the relationship between natural gas consumption and economic growth for a panel of 67 countries within a multivariate framework over the period 1992–2005. Pedroni’s [24] and [26] heterogeneous panel cointegration test reveals there is a long-run equilibrium relationship between real GDP, natural gas consumption, real gross fixed capital formation, and the labor force. The results of the panel vector error correction model reveal bidirectional causality between natural gas consumption and economic growth in both the short- and long-run. |
| first_indexed | 2025-11-14T08:01:28Z |
| format | Journal Article |
| id | curtin-20.500.11937-26444 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T08:01:28Z |
| publishDate | 2010 |
| publisher | Elsevier |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-264442017-09-13T15:28:01Z Natural Gas Consumption and Economic Growth: A Panel Investigation of 67 Countries Apergis, Nicholas Payne, J. Panel Growth Natural gas consumption Granger-causality This study examines the relationship between natural gas consumption and economic growth for a panel of 67 countries within a multivariate framework over the period 1992–2005. Pedroni’s [24] and [26] heterogeneous panel cointegration test reveals there is a long-run equilibrium relationship between real GDP, natural gas consumption, real gross fixed capital formation, and the labor force. The results of the panel vector error correction model reveal bidirectional causality between natural gas consumption and economic growth in both the short- and long-run. 2010 Journal Article http://hdl.handle.net/20.500.11937/26444 10.1016/j.apenergy.2010.01.002 Elsevier restricted |
| spellingShingle | Panel Growth Natural gas consumption Granger-causality Apergis, Nicholas Payne, J. Natural Gas Consumption and Economic Growth: A Panel Investigation of 67 Countries |
| title | Natural Gas Consumption and Economic Growth: A Panel Investigation of 67 Countries |
| title_full | Natural Gas Consumption and Economic Growth: A Panel Investigation of 67 Countries |
| title_fullStr | Natural Gas Consumption and Economic Growth: A Panel Investigation of 67 Countries |
| title_full_unstemmed | Natural Gas Consumption and Economic Growth: A Panel Investigation of 67 Countries |
| title_short | Natural Gas Consumption and Economic Growth: A Panel Investigation of 67 Countries |
| title_sort | natural gas consumption and economic growth: a panel investigation of 67 countries |
| topic | Panel Growth Natural gas consumption Granger-causality |
| url | http://hdl.handle.net/20.500.11937/26444 |