Electricity consumption and economic growth in ASEAN / Ahmad Ghazali Ismail, Arlinah Abd Rashid & Azlina Hanif

UNSPECIFIED and Abd Rashid, Arlinah and Hanif, Azlina (2017) Electricity consumption and economic growth in ASEAN / Ahmad Ghazali Ismail, Arlinah Abd Rashid & Azlina Hanif. Journal of Emerging Economies and Islamic Research, 5 (2). pp. 1-12. ISSN 2289 - 2559

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Abstract

The relationship and causality direction between electricity consumption and economic growth is an important issue in the fields of energy economics and policies towards energy use. Extensive literatures has discussed the issue, but the array of findings provides anything but consensus on either the existence of relations or direction of causality between the variables. This study extends research in this area by studying the long-run and causal relations between economic growth, electricity consumption, labour and capital based on the neo-classical one sector aggregate production technology mode using data of electricity consumption and real GDP for ASEAN from the year 1983 to 2012. The analysis is conducted using advanced panel estimation approaches and found no causality in the short run while in the long-run, the results indicate that there are bidirectional relationship among variables. This study provides supplementary evidences of relationship between electricity consumption and economic growth in ASEAN.

Item Type: Article
Creators:
CreatorsEmail
UNSPECIFIEDUNSPECIFIED
Abd Rashid, ArlinahUNSPECIFIED
Hanif, AzlinaUNSPECIFIED
Subjects: H Social Sciences > HC Economic History and Conditions > ASEAN
Divisions: Universiti Teknologi MARA, Selangor > Puncak Alam Campus > Faculty of Business and Management (B)
Journal or Publication Title: Journal of Emerging Economies and Islamic Research
ISSN: 2289 - 2559
Volume: 5
Number: 2
Page Range: pp. 1-12
Official URL: http://www.jeeir.com
Item ID: 19357
Uncontrolled Keywords: ASEAN, Electricity consumption, Economic growth, Panel ARDL
Last Modified: 22 Feb 2018 07:50
Depositing User: Perpustakaan Tun Abdul Razak UiTM Kampus Puncak Alam
URI: http://ir.uitm.edu.my/id/eprint/19357

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