Opening book details…
Can I read A re-examination of the relationship between electricity consumption and economic growth in Malaysia on EtoBox?
A re-examination of the relationship between electricity consumption and economic growth in Malaysia by Chor Foon Tang is a Energy article available to read on EtoBox.
What is A re-examination of the relationship between electricity consumption and economic growth in Malaysia about?
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 ECMbased 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.
Who reads A re-examination of the relationship between electricity consumption and economic growth in Malaysia?
It is typically read by researchers, students, and practitioners in Energy.
- Author
- Chor Foon Tang
- Publisher
- Elsevier Science; Elsevier ; Elsevier Ltd.; Elsevier BV (ISSN 0301-4215)
- Published
- 2008
- Language
- EN
- Field
- Energy (Physical Sciences)