کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
997103 936333 2008 9 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
A re-examination of the relationship between electricity consumption and economic growth in Malaysia
موضوعات مرتبط
مهندسی و علوم پایه مهندسی انرژی مهندسی انرژی و فناوری های برق
پیش نمایش صفحه اول مقاله
A re-examination of the relationship between electricity consumption and economic growth in Malaysia
چکیده انگلیسی

The purpose of this study is to re-investigate the relationship between electricity consumption and economic growth in Malaysia from 1972:1 to 2003:4. This study adopted the newly developed ECM-based F-test [Kanioura, A., Turner, P., 2005. Critical values for an F-test for cointegration in the multivariate model. Applied Economics 37(3), 265–270] for cointegration to examine the presence of long run equilibrium relationship through the autoregressive distributed lag (ARDL) model. The empirical evidence suggests that electricity consumption and economic growth are not cointegrated in Malaysia. However, the standard Granger's test and MWALD test suggest that electricity consumption and economic growth in Malaysia Granger causes each other. This finding provides policymakers with a better understanding of electricity consumption and allows them to formulate electricity consumption policy to support the economic development and to enhance the productivity of capital, labour and other factors of production for future economic growth in Malaysia.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Energy Policy - Volume 36, Issue 8, August 2008, Pages 3077–3085
نویسندگان
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