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Energy-Growth Causality: Asian Countries Revisited

Yıl 2011, Cilt: 1 Sayı: 4, 140 - 149, 01.12.2011

Öz

Understanding the impact of energy consumption on economic growth is an important consideration in the formulation of both energy and environmental policies. Motivated by this development, this paper empirically re-examines the direction of causality and the sign (in the panel sense) between energy consumption (EC) and the gross-domestic product (GDP) for seventeen selected Asian countries. Results reveal long-run stable equilibriums in these countries, while the EC brings about a positive impact on GDP. Causality runs from EC to GDP in the short-run, while the long-run causal linkage exists from GDP to EC. This indicates that energy is a force for economic growth in the short-run, but in the long-run, the EC is fundamentally driven by economic growth. Efficient coordination and cooperation towards the implementation of energy conservation policies to support sustainable economic development should be in the regional agenda.

Yıl 2011, Cilt: 1 Sayı: 4, 140 - 149, 01.12.2011

Öz

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Ayrıntılar

Diğer ID JA28GN97JM
Bölüm Araştırma Makalesi
Yazarlar

Evan Lau Bu kişi benim

Xiao-hui Chye Bu kişi benim

Chee-Keong Choong Bu kişi benim

Yayımlanma Tarihi 1 Aralık 2011
Yayımlandığı Sayı Yıl 2011 Cilt: 1 Sayı: 4

Kaynak Göster

APA Lau, E., Chye, X.-h., & Choong, C.-K. (2011). Energy-Growth Causality: Asian Countries Revisited. International Journal of Energy Economics and Policy, 1(4), 140-149.
AMA Lau E, Chye Xh, Choong CK. Energy-Growth Causality: Asian Countries Revisited. IJEEP. Aralık 2011;1(4):140-149.
Chicago Lau, Evan, Xiao-hui Chye, ve Chee-Keong Choong. “Energy-Growth Causality: Asian Countries Revisited”. International Journal of Energy Economics and Policy 1, sy. 4 (Aralık 2011): 140-49.
EndNote Lau E, Chye X-h, Choong C-K (01 Aralık 2011) Energy-Growth Causality: Asian Countries Revisited. International Journal of Energy Economics and Policy 1 4 140–149.
IEEE E. Lau, X.-h. Chye, ve C.-K. Choong, “Energy-Growth Causality: Asian Countries Revisited”, IJEEP, c. 1, sy. 4, ss. 140–149, 2011.
ISNAD Lau, Evan vd. “Energy-Growth Causality: Asian Countries Revisited”. International Journal of Energy Economics and Policy 1/4 (Aralık 2011), 140-149.
JAMA Lau E, Chye X-h, Choong C-K. Energy-Growth Causality: Asian Countries Revisited. IJEEP. 2011;1:140–149.
MLA Lau, Evan vd. “Energy-Growth Causality: Asian Countries Revisited”. International Journal of Energy Economics and Policy, c. 1, sy. 4, 2011, ss. 140-9.
Vancouver Lau E, Chye X-h, Choong C-K. Energy-Growth Causality: Asian Countries Revisited. IJEEP. 2011;1(4):140-9.