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

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...

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Main Authors: Abd Rashid, Arlinah, Hanif, Azlina
Format: Article
Language:English
Published: Faculty of Business & Management, Universiti Teknologi MARA, Selangor 2017
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/19357/
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author Abd Rashid, Arlinah
Hanif, Azlina
author_facet Abd Rashid, Arlinah
Hanif, Azlina
author_sort Abd Rashid, Arlinah
building UiTM Institutional Repository
collection Online Access
description 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.
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spelling uitm-193572019-03-11T03:35:17Z https://ir.uitm.edu.my/id/eprint/19357/ Electricity consumption and economic growth in ASEAN / Ahmad Ghazali Ismail, Arlinah Abd Rashid & Azlina Hanif jeeir Abd Rashid, Arlinah Hanif, Azlina ASEAN 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. Faculty of Business & Management, Universiti Teknologi MARA, Selangor 2017-05 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/19357/2/AJ_AHMAD%20GHAZALI%20ISMAIL%20JEEIR%2017.pdf Abd Rashid, Arlinah and Hanif, Azlina (2017) Electricity consumption and economic growth in ASEAN / Ahmad Ghazali Ismail, Arlinah Abd Rashid & Azlina Hanif. (2017) Journal of Emerging Economies and Islamic Research (JEEIR) <https://ir.uitm.edu.my/view/publication/Journal_of_Emerging_Economies_and_Islamic_Research_=28JEEIR=29.html>, 5 (2). pp. 1-12. ISSN 2289-2559 https://journal.uitm.edu.my/ojs/index.php/JEEIR/
spellingShingle ASEAN
Abd Rashid, Arlinah
Hanif, Azlina
Electricity consumption and economic growth in ASEAN / Ahmad Ghazali Ismail, Arlinah Abd Rashid & Azlina Hanif
title Electricity consumption and economic growth in ASEAN / Ahmad Ghazali Ismail, Arlinah Abd Rashid & Azlina Hanif
title_full Electricity consumption and economic growth in ASEAN / Ahmad Ghazali Ismail, Arlinah Abd Rashid & Azlina Hanif
title_fullStr Electricity consumption and economic growth in ASEAN / Ahmad Ghazali Ismail, Arlinah Abd Rashid & Azlina Hanif
title_full_unstemmed Electricity consumption and economic growth in ASEAN / Ahmad Ghazali Ismail, Arlinah Abd Rashid & Azlina Hanif
title_short Electricity consumption and economic growth in ASEAN / Ahmad Ghazali Ismail, Arlinah Abd Rashid & Azlina Hanif
title_sort electricity consumption and economic growth in asean / ahmad ghazali ismail, arlinah abd rashid & azlina hanif
topic ASEAN
url https://ir.uitm.edu.my/id/eprint/19357/
https://ir.uitm.edu.my/id/eprint/19357/