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The natural gas consumption and economic development nexus: Fresh evidence from Indonesia

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This study empirically examines the situation of country’s strategic planning to get achieved by utilizing the available resources and the association between capital and labor, natural-gas (NG) consumptions, and exports of the country. The current study is utilizing time-series data from the year 1980 to 2018. In order to confirm the cointegration Johansen Cointegration technique has been used while short-run and long-run coefficients are estimated by applying ARDL bound test. Results indicate that economic growth reduces while exports, and the consumption of capital and labor boost the use of natural gas (NG) in Indonesia. So, an affiliation between consuming natural gas consumption effects inversely by the economic growth of Indonesia. |

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