Examining the feedback response of residential electricity consumption towards changes in its determinants: Evidence from Malaysia
Residential electricity consumption (REC) in Malaysia is increasing rapidly and poses a threat to energy security. Therefore, it is very important to understand the way REC responds to its determinants so that effective measures to contain its rapid growth can be undertaken. The current study aims t...
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my.uniten.dspace-225412023-05-29T14:01:48Z Examining the feedback response of residential electricity consumption towards changes in its determinants: Evidence from Malaysia Ivy-Yap L.L. Bekhet H.A. 56267356600 37100908800 Residential electricity consumption (REC) in Malaysia is increasing rapidly and poses a threat to energy security. Therefore, it is very important to understand the way REC responds to its determinants so that effective measures to contain its rapid growth can be undertaken. The current study aims to examine the responsiveness of REC towards real disposable income, price of electricity, price of electrical appliances population and foreign direct investment in Malaysia for 1978-2013 period. REC is only elastic towards real disposable income. The magnitude of own price elasticity is larger than cross elasticity of complements. The study shed some light on the responsiveness of REC, which can help Malaysia in developing new policies to control energy consumption without affecting economic growth adversely. � 2015, Econjournals. All right resurved. Final 2023-05-29T06:01:48Z 2023-05-29T06:01:48Z 2015 Article 2-s2.0-84937433122 https://www.scopus.com/inward/record.uri?eid=2-s2.0-84937433122&partnerID=40&md5=5f61fa5adb6fe6ff2006830e7a6e88ce https://irepository.uniten.edu.my/handle/123456789/22541 5 3 772 781 Econjournals Scopus |
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Residential electricity consumption (REC) in Malaysia is increasing rapidly and poses a threat to energy security. Therefore, it is very important to understand the way REC responds to its determinants so that effective measures to contain its rapid growth can be undertaken. The current study aims to examine the responsiveness of REC towards real disposable income, price of electricity, price of electrical appliances population and foreign direct investment in Malaysia for 1978-2013 period. REC is only elastic towards real disposable income. The magnitude of own price elasticity is larger than cross elasticity of complements. The study shed some light on the responsiveness of REC, which can help Malaysia in developing new policies to control energy consumption without affecting economic growth adversely. � 2015, Econjournals. All right resurved. |
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56267356600 |
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56267356600 Ivy-Yap L.L. Bekhet H.A. |
| format |
Article |
| author |
Ivy-Yap L.L. Bekhet H.A. |
| spellingShingle |
Ivy-Yap L.L. Bekhet H.A. Examining the feedback response of residential electricity consumption towards changes in its determinants: Evidence from Malaysia |
| author_sort |
Ivy-Yap L.L. |
| title |
Examining the feedback response of residential electricity consumption towards changes in its determinants: Evidence from Malaysia |
| title_short |
Examining the feedback response of residential electricity consumption towards changes in its determinants: Evidence from Malaysia |
| title_full |
Examining the feedback response of residential electricity consumption towards changes in its determinants: Evidence from Malaysia |
| title_fullStr |
Examining the feedback response of residential electricity consumption towards changes in its determinants: Evidence from Malaysia |
| title_full_unstemmed |
Examining the feedback response of residential electricity consumption towards changes in its determinants: Evidence from Malaysia |
| title_sort |
examining the feedback response of residential electricity consumption towards changes in its determinants: evidence from malaysia |
| publisher |
Econjournals |
| publishDate |
2023 |
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1806427631659253760 |
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13.211869 |