Disaggregated Energy Consumption and Sectoral Outputs in Thailand: ARDL Bound Testing Approach

From an economic perspective, energy-output relationship studies have become in-creasingly popular in recent times, partly fuelled by a need to understand the effect of energy on production outputs rather than overall GDP. This study dealt with disaggregated energy consump-tion and output of some ma...

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Main Authors: Nathan, Thurai Murugan, Liew, Venus Khim-Sen, Wong, Wing-Keung
Format: Article
Language:English
Published: Geist Science 2016
Subjects:
Online Access:http://ir.unimas.my/id/eprint/17983/
http://ir.unimas.my/id/eprint/17983/1/Disaggregated.pdf
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author Nathan, Thurai Murugan
Liew, Venus Khim-Sen
Wong, Wing-Keung
author_facet Nathan, Thurai Murugan
Liew, Venus Khim-Sen
Wong, Wing-Keung
author_sort Nathan, Thurai Murugan
building UNIMAS Institutional Repository
collection Online Access
description From an economic perspective, energy-output relationship studies have become in-creasingly popular in recent times, partly fuelled by a need to understand the effect of energy on production outputs rather than overall GDP. This study dealt with disaggregated energy consump-tion and output of some major economic sectors in Thailand. ARDL Bound Testing approach was employed to examine the co-integration relationship. The Granger causality test of the afore- mentioned ARDL framework was done to investigate the corresponding causality effect. Results showed that, from year 1980 to 2010, productivity of most scrutinized industries was highly reliant on crude oil and natural gas. However, coal usage in transportation and agricultural industries can be reduced without affecting productivity. Few recommendations are given thereafter for Thailand to better manage their imported and local energy sources.
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spelling unimas-179832022-02-08T02:31:06Z http://ir.unimas.my/id/eprint/17983/ Disaggregated Energy Consumption and Sectoral Outputs in Thailand: ARDL Bound Testing Approach Nathan, Thurai Murugan Liew, Venus Khim-Sen Wong, Wing-Keung H Social Sciences (General) From an economic perspective, energy-output relationship studies have become in-creasingly popular in recent times, partly fuelled by a need to understand the effect of energy on production outputs rather than overall GDP. This study dealt with disaggregated energy consump-tion and output of some major economic sectors in Thailand. ARDL Bound Testing approach was employed to examine the co-integration relationship. The Granger causality test of the afore- mentioned ARDL framework was done to investigate the corresponding causality effect. Results showed that, from year 1980 to 2010, productivity of most scrutinized industries was highly reliant on crude oil and natural gas. However, coal usage in transportation and agricultural industries can be reduced without affecting productivity. Few recommendations are given thereafter for Thailand to better manage their imported and local energy sources. Geist Science 2016 Article PeerReviewed text en http://ir.unimas.my/id/eprint/17983/1/Disaggregated.pdf Nathan, Thurai Murugan and Liew, Venus Khim-Sen and Wong, Wing-Keung (2016) Disaggregated Energy Consumption and Sectoral Outputs in Thailand: ARDL Bound Testing Approach. Journal of Management Sciences, 3 (1). pp. 41-53. ISSN 2313-0113 http://geistscience.com/JMS/Issue1-16/Article3/JMS1603103.pdf DOI 10.20547/jms.2014.1603103
spellingShingle H Social Sciences (General)
Nathan, Thurai Murugan
Liew, Venus Khim-Sen
Wong, Wing-Keung
Disaggregated Energy Consumption and Sectoral Outputs in Thailand: ARDL Bound Testing Approach
title Disaggregated Energy Consumption and Sectoral Outputs in Thailand: ARDL Bound Testing Approach
title_full Disaggregated Energy Consumption and Sectoral Outputs in Thailand: ARDL Bound Testing Approach
title_fullStr Disaggregated Energy Consumption and Sectoral Outputs in Thailand: ARDL Bound Testing Approach
title_full_unstemmed Disaggregated Energy Consumption and Sectoral Outputs in Thailand: ARDL Bound Testing Approach
title_short Disaggregated Energy Consumption and Sectoral Outputs in Thailand: ARDL Bound Testing Approach
title_sort disaggregated energy consumption and sectoral outputs in thailand: ardl bound testing approach
topic H Social Sciences (General)
url http://ir.unimas.my/id/eprint/17983/
http://ir.unimas.my/id/eprint/17983/
http://ir.unimas.my/id/eprint/17983/
http://ir.unimas.my/id/eprint/17983/1/Disaggregated.pdf