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