The impact of electricity consumption on economic growth in Malaysia : evidence from ARDL bounds testing
This paper investigates the relationship between electricity consumption and economic growth in Malaysia during the period 1971-2014. The results from the ARDL bounds testing approach, as developed by Pesaran et al. (2001), showed that there was a cointegration between electricity consumption and...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2018
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| Online Access: | http://journalarticle.ukm.my/19636/ http://journalarticle.ukm.my/19636/1/jeko_521-17.pdf |
| _version_ | 1848814892159598592 |
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| author | Muhammad Khalid A.K., Nur-Syazwani M., |
| author_facet | Muhammad Khalid A.K., Nur-Syazwani M., |
| author_sort | Muhammad Khalid A.K., |
| building | UKM Institutional Repository |
| collection | Online Access |
| description | This paper investigates the relationship between electricity consumption and economic growth in Malaysia during
the period 1971-2014. The results from the ARDL bounds testing approach, as developed by Pesaran et al. (2001),
showed that there was a cointegration between electricity consumption and real Gross Domestic Product (GDP).
There was also a stable long-run relationship between other determinants such as foreign direct investment (FDI)
and real GDP. Moreover, we found that electricity consumption, FDI, and real capital positively affected economic
growth in the short-run. Therefore, it is recommended that policies should be geared towards improving current
energy production and encouraging the exploration of alternative energy sources in order to promote growth in the
Malaysian economy. |
| first_indexed | 2025-11-15T00:41:18Z |
| format | Article |
| id | oai:generic.eprints.org:19636 |
| institution | Universiti Kebangasaan Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T00:41:18Z |
| publishDate | 2018 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | oai:generic.eprints.org:196362022-09-08T08:02:13Z http://journalarticle.ukm.my/19636/ The impact of electricity consumption on economic growth in Malaysia : evidence from ARDL bounds testing Muhammad Khalid A.K., Nur-Syazwani M., This paper investigates the relationship between electricity consumption and economic growth in Malaysia during the period 1971-2014. The results from the ARDL bounds testing approach, as developed by Pesaran et al. (2001), showed that there was a cointegration between electricity consumption and real Gross Domestic Product (GDP). There was also a stable long-run relationship between other determinants such as foreign direct investment (FDI) and real GDP. Moreover, we found that electricity consumption, FDI, and real capital positively affected economic growth in the short-run. Therefore, it is recommended that policies should be geared towards improving current energy production and encouraging the exploration of alternative energy sources in order to promote growth in the Malaysian economy. Penerbit Universiti Kebangsaan Malaysia 2018 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/19636/1/jeko_521-17.pdf Muhammad Khalid A.K., and Nur-Syazwani M., (2018) The impact of electricity consumption on economic growth in Malaysia : evidence from ARDL bounds testing. Jurnal Ekonomi Malaysia, 52 (1). pp. 205-213. ISSN 0127-1962 https://www.ukm.my/jem/issue/v52i1/ |
| spellingShingle | Muhammad Khalid A.K., Nur-Syazwani M., The impact of electricity consumption on economic growth in Malaysia : evidence from ARDL bounds testing |
| title | The impact of electricity consumption on economic growth in Malaysia : evidence from ARDL bounds testing |
| title_full | The impact of electricity consumption on economic growth in Malaysia : evidence from ARDL bounds testing |
| title_fullStr | The impact of electricity consumption on economic growth in Malaysia : evidence from ARDL bounds testing |
| title_full_unstemmed | The impact of electricity consumption on economic growth in Malaysia : evidence from ARDL bounds testing |
| title_short | The impact of electricity consumption on economic growth in Malaysia : evidence from ARDL bounds testing |
| title_sort | impact of electricity consumption on economic growth in malaysia : evidence from ardl bounds testing |
| url | http://journalarticle.ukm.my/19636/ http://journalarticle.ukm.my/19636/ http://journalarticle.ukm.my/19636/1/jeko_521-17.pdf |