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Examining the Effect of Sectoral Natural Gas Consumption on Turkey’s GDP Development

Author

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  • Fatih Can DEMÄ°RTAÅž

Abstract

Studies on the existence and direction of the relationship between energy and economic growthhave increased in recent years. In particular, the correct use of energy is important in terms ofensuring energy security by evaluating limited energy resources in the right areas. This study, on theother hand, gives the theoretical information in the literature on energy and, in particular, naturalgas, and examines the effect of natural gas consumption of sectors on economic growth in terms ofTurkey. When the relationship between the natural gas consumption of the industrial sector andthe housing and services sector between 1987 and 2019 and the GDP development between thesame dates is analyzed in a graphic environment, a consistent trend is observed between the naturalgas consumption of the sectors and the GDP.

Suggested Citation

  • Fatih Can DEMÄ°RTAÅž, 2022. "Examining the Effect of Sectoral Natural Gas Consumption on Turkey’s GDP Development," Fiscaoeconomia, Tubitak Ulakbim JournalPark (Dergipark), issue 1.
    • Handle: RePEc:fis:journl:220110
    DOI: 10.25295/fsecon.1039939
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    References listed on IDEAS

    as
    1. Juris, Andrej, 1998. "The emergence of markets in the natural gas industry," Policy Research Working Paper Series 1895, The World Bank.
    2. Payne, James E., 2009. "On the Dynamics of Energy Consumption and Employment in Illinois," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 39(2), pages 1-5.
    3. Ockwell, David G., 2008. "Energy and economic growth: Grounding our understanding in physical reality," Energy Policy, Elsevier, vol. 36(12), pages 4600-4604, December.
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    Keywords

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    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

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