Impact of Oil Prices and Economic Growth on Nuclear Energyconsumption
Oil and nuclear energy as a strategic commodity, is closely linked to economic and political relations.Given the degree of development of countries, the sensitivity will be different for nuclear energy in the country.This article uses econometric techniques with panel data approach applying the fixed and random effects model analysis of economic growth and oil prices on Nuclear Energy for 22countries use of nuclear energy for years 2005-3520. The results show that the economic growth positive and oil prices On the contrarynegatively impact on nuclear energy.Theconsumercountriesofnuclear energyto replacenuclearenergywith thedisplacementof oil, thetwoarecomplementary.
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