Mohd Thas Thaker, M. A. and Mohd Thas Thaker, Hassanudin * and Amin, M. and Allah Pitchay, A. (2019) Electricity consumption and economic growth: A revisit study of their causality in Malaysia. Etikonomi, 18 (1). pp. 1-12. ISSN 1412-8969
Full text not available from this repository.Abstract
The role of electricity towards the economy becomes crucial in many countries including in Malaysia. It becomes necessary to investigate whether electricity consumption contributes to economic growth in order to make appropriate energy policies. The purpose of this research is to examine the long run and causal relationships between electric power consumption and real GDP. This paper applies to the error-correction model. The results indicate that electricity consumption has a positive impact on economic growth. Besides that, there was unidirectional Granger causality running from electricity consumption to real GDP but not vice versa. This paper suggests that Malaysia is becoming an energy-dependent country. The government should emphasize on formulating energy strategies so as to avoid adverse effects on economic growth
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Electricity consumption; economic growth; Granger causality; Malaysia |
| Subjects: | H Social Sciences > HF Commerce |
| Divisions: | Others > Non Sunway Academics Sunway University > Sunway University Business School > Dept. Economics & Finance |
| Depositing User: | Dr Janaki Sinnasamy |
| Related URLs: | |
| Date Deposited: | 29 Sep 2020 02:51 |
| Last Modified: | 07 Oct 2020 04:06 |
| URI: | http://eprints.sunway.edu.my/id/eprint/1384 |
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