An Evaluation of Domestic Gas Utilization on the Nigerian Economy

R. U. Onolemhemhen; T. J. Laniran; S. O. Isehunwa; A. Adenikinju

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An Evaluation of Domestic Gas Utilization on the Nigerian Economy

机译：对尼日利亚经济的国内天然气利用的评价

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Natural gas has continued to experience high patronage over the years, largely due to its efficiency as an energy source. Economic growth literature posits that there is a relationship between energy consumption and growth. More recent literature have argued for the efficiency of the form of energy used. The robustness of this relationship is however often questioned. Indeed natural gas remains one of the most efficient forms of energy source, and it is found in abundance in Nigeria with a proven reserve of over 180 trillion cubic feet of natural gas and the ninth country in the world regarding proven natural gas reserves. Hence, given the significant outlays of natural gas to economic growth, this study attempts an evaluation of domestic gas utilisation in Nigeria. Key macroeconomic variables with the theoretical potential of influencing the level of gas utilised in Nigeria were subjected to econometric model testing using time series data from 1980 to 2013. The result in conformity with literature reflected that gas plays a pivotal role in the Nigerian economic advancement.

机译：多年来，天然气一直受到高额赞助，这主要是由于其作为能源的效率高。经济增长文献认为，能源消耗与增长之间存在联系。最近的文献对所使用的能量形式的效率进行了争论。然而，这种关系的稳健性经常受到质疑。确实，天然气仍然是最有效的能源形式之一，在尼日利亚已发现丰富的天然气，探明天然气储量超过180万亿立方英尺，在探明天然气储量方面，世界排名第九。因此，鉴于天然气对经济增长的重大支出，本研究尝试评估尼日利亚的国内天然气利用。使用从1980年至2013年的时间序列数据，对具有理论潜力影响尼日利亚天然气使用量的关键宏观经济变量进行了计量经济模型测试。与文献相符的结果表明，天然气在尼日利亚经济发展中起着举足轻重的作用。

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《British Journal of Economics, Management & Trade》 |2017年第1期|共13页
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R. U. Onolemhemhen; T. J. Laniran; S. O. Isehunwa; A. Adenikinju;
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入库时间 2022-08-18 06:03:16

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An Evaluation of Domestic Gas Utilization on the Nigerian Economy

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