Cover Image

Energy Consumption - Growth Nexus : A Case Study of Malaysia

In the present world, the economic development of a country has a significant influence on energy consumption. The scarcity and exhaustible natural resources are depleting at an alarming rate causing more studies to focus on finding the factors affecting the energy consumption in order to conserve t...

Full description

Saved in:
Bibliographic Details
Main Author: Chai, Wan Lin
Format: Thesis
Language:English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2020
Subjects:
H Social Sciences (General)
HB Economic Theory
Online Access:http://ir.unimas.my/id/eprint/30021/5/Chai%20Wan%20Lin%20ft.pdf
http://ir.unimas.my/id/eprint/30021/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.unimas.ir.30021
record_format eprints
spelling my.unimas.ir.300212024-08-20T04:23:59Z http://ir.unimas.my/id/eprint/30021/ Energy Consumption - Growth Nexus : A Case Study of Malaysia Chai, Wan Lin H Social Sciences (General) HB Economic Theory In the present world, the economic development of a country has a significant influence on energy consumption. The scarcity and exhaustible natural resources are depleting at an alarming rate causing more studies to focus on finding the factors affecting the energy consumption in order to conserve the natural resources. The study examines the nexus between economic growth, energy subsidies, international oil price and energy consumption in Malaysia. The study used time series data from 1987 to 2017 and utilizing the energy demand model. All of the models are estimated using the autoregressive distributed lag (ARDL) approach. The results showed the existence of long-run cointegration in between the energy consumption and the explanatory variables. Besides, the long-run coefficients of the independent variables for all the models exhibit the same expected sign where economic growth and energy subsidies are positively correlated. In contrast, the international oil price is negatively correlated. The findings suggested all the factors; economic growth, energy subsidies and international oil price, are significant in influencing the changes of energy consumption in the long-run except for energy subsidies is found to be not significant in the industrial sector model. The study conveys practical policy recommendations for the government that energy conservation would not harm the economic growth in Malaysia. Universiti Malaysia Sarawak, (UNIMAS) 2020-06-04 Thesis NonPeerReviewed text en http://ir.unimas.my/id/eprint/30021/5/Chai%20Wan%20Lin%20ft.pdf Chai, Wan Lin (2020) Energy Consumption - Growth Nexus : A Case Study of Malaysia. Masters thesis, Universiti Malaysia Sarawak (UNIMAS).
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic H Social Sciences (General)
HB Economic Theory
spellingShingle H Social Sciences (General)
HB Economic Theory
Chai, Wan Lin
Energy Consumption - Growth Nexus : A Case Study of Malaysia
description In the present world, the economic development of a country has a significant influence on energy consumption. The scarcity and exhaustible natural resources are depleting at an alarming rate causing more studies to focus on finding the factors affecting the energy consumption in order to conserve the natural resources. The study examines the nexus between economic growth, energy subsidies, international oil price and energy consumption in Malaysia. The study used time series data from 1987 to 2017 and utilizing the energy demand model. All of the models are estimated using the autoregressive distributed lag (ARDL) approach. The results showed the existence of long-run cointegration in between the energy consumption and the explanatory variables. Besides, the long-run coefficients of the independent variables for all the models exhibit the same expected sign where economic growth and energy subsidies are positively correlated. In contrast, the international oil price is negatively correlated. The findings suggested all the factors; economic growth, energy subsidies and international oil price, are significant in influencing the changes of energy consumption in the long-run except for energy subsidies is found to be not significant in the industrial sector model. The study conveys practical policy recommendations for the government that energy conservation would not harm the economic growth in Malaysia.
format Thesis
author Chai, Wan Lin
author_facet Chai, Wan Lin
author_sort Chai, Wan Lin
title Energy Consumption - Growth Nexus : A Case Study of Malaysia
title_short Energy Consumption - Growth Nexus : A Case Study of Malaysia
title_full Energy Consumption - Growth Nexus : A Case Study of Malaysia
title_fullStr Energy Consumption - Growth Nexus : A Case Study of Malaysia
title_full_unstemmed Energy Consumption - Growth Nexus : A Case Study of Malaysia
title_sort energy consumption - growth nexus : a case study of malaysia
publisher Universiti Malaysia Sarawak, (UNIMAS)
publishDate 2020
url http://ir.unimas.my/id/eprint/30021/5/Chai%20Wan%20Lin%20ft.pdf
http://ir.unimas.my/id/eprint/30021/
_version_ 1808981477614944256
score 13.211869

Similar Items