作者: V.G.R. Chandran , Susan Sharma , Karunagaran Madhavan
DOI: 10.1016/J.ENPOL.2009.10.013
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摘要: Abstract The goal of this paper is to model the relationship between electricity consumption and real gross domestic product (GDP) for Malaysia in a bivariate multivariate framework. We use time series data period 1971–2003 apply bounds testing approach search long-run relationship. Our results reveal that consumption, GDP price share autoregressive distributed lag (ARDL) estimates elasticity on are found be around 0.7 statistically significant. Finally, short-run, causality test show there unidirectional causal flow from economic growth Malaysia. From these findings we conclude an energy-dependent country, leading us draw some policy implications. This adds support validity, thus reducing makers concern ambiguity nexus