The relationship between energy consumption and economic growth in Malaysia: ARDL bound test approach
The objective of this paper is to examine the short-run and long-run dynamic causal relationship between energy consumption and income per capita both in bivariate and multivariate framework over the period 1971-2014 in the case of Malaysia 1. The study applies ARDL Bound test procedure for the long...
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| Main Authors: | , , , |
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| Format: | Conference or Workshop Item |
| Published: |
American Institute of Physics Inc.
2016
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| Online Access: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-85006080810&doi=10.1063%2f1.4968159&partnerID=40&md5=6547e90dda7f68275e1a8ce2463f472d http://eprints.utp.edu.my/30584/ |
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| Summary: | The objective of this paper is to examine the short-run and long-run dynamic causal relationship between energy consumption and income per capita both in bivariate and multivariate framework over the period 1971-2014 in the case of Malaysia 1. The study applies ARDL Bound test procedure for the long run co-integration and Granger causality test for investigation of causal link between the variables. The ARDL bound test confirms the existence of long run co-integration relationship between the variables. The causality test show a feed-back hypothesis between income per capita and energy consumption over the period in the case of Malaysia. © 2016 Author(s). |
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