Measuring the Impact of Generating Electricity from Nuclear Energy Using the Panal Models

Abstract

The research explains the economic theory of producing electricity from nuclear energy and its impact on sustainable development. This relationship is in the form of mathematical models that facilitate the quantitative measurement process. Considering that it is an essential tool that evaluates the features of economic theory by giving it estimates that make it more logical and acceptable, by relying on the econometric tools that we will use in our analysis of the results, and for this we will first indicating the models on which this study is based, which are the panel models, by identifying their advantages; Then, we recognize about the variables, their sources, and appropriate estimation methods for this type of model. As for the last part, it deals with identifying and estimating the appropriate model for analyzing the results of the estimation economically.

Panel data models are considered one of the important standard models in the field of economic sciences. Because it is of particular importance in increasing the number of observations, which allows access to more reliable standard results; In addition to the absence or regression of many of the problems of econometrics, similar to the problem of instability of random error variance, and accordingly this topic was divided into three axes; The first axis included the theoretical framework of the longitudinal data model (Panel data), while the second axis measured the relationship between economic growth and electricity production from nuclear energy.