Does economic growth in Malaysia depend on disaggregate energy

This study aims to investigate long-run relationship between economic growth and disaggregated energy consumption in Malaysia. Toda-Yamamoto (T-Y), the modified Granger causality test, along with annual disaggregated energy and real GDP growth data from 1971 to 2014 was used in the investigation p...

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Main Authors:	Rahman, Md Saifur, Md Noman, Abu Hanifa, Shahari, Farihana
Format:	Article
Language:	English English
Published:	Elsevier Ltd 2017
Subjects:	HB Economic Theory HC Economic History and Conditions
Online Access:	http://irep.iium.edu.my/57258/ http://irep.iium.edu.my/57258/ http://irep.iium.edu.my/57258/ http://irep.iium.edu.my/57258/1/57258_Does%20economic%20growth_complete.pdf http://irep.iium.edu.my/57258/2/57258_Does%20economic%20growth_SCOPUS.pdf

id	iium-57258
recordtype	eprints
spelling	iium-572582018-03-19T11:23:44Z http://irep.iium.edu.my/57258/ Does economic growth in Malaysia depend on disaggregate energy Rahman, Md Saifur Md Noman, Abu Hanifa Shahari, Farihana HB Economic Theory HC Economic History and Conditions This study aims to investigate long-run relationship between economic growth and disaggregated energy consumption in Malaysia. Toda-Yamamoto (T-Y), the modified Granger causality test, along with annual disaggregated energy and real GDP growth data from 1971 to 2014 was used in the investigation process. This paper presents several outcomes; firstly, this paper argues that the Malaysian economy is energy dependent and sensitive to energy supply shocks. Secondly, the usage of energy inputs in Malaysian economy is found to be consumed inefficiently meaning that usage of higher energy resources does not contribute the economic growth significantly, rather causes environmental pollution badly. Thirdly, the finding indicates that economic growth and environmental pollution through spreading carbon emissions are responsive to each other. In this circumstance, the Malaysian economy has to find a way to consume the energy inputs efficiently so that economic growth is improved, while negative externality in the environment is reduced. Therefore, the study presents significant policy implications in order to improve the energy efficiency and reduce environmental pollution. Elsevier Ltd 2017-10-01 Article NonPeerReviewed application/pdf en http://irep.iium.edu.my/57258/1/57258_Does%20economic%20growth_complete.pdf application/pdf en http://irep.iium.edu.my/57258/2/57258_Does%20economic%20growth_SCOPUS.pdf Rahman, Md Saifur and Md Noman, Abu Hanifa and Shahari, Farihana (2017) Does economic growth in Malaysia depend on disaggregate energy. Renewable and Sustainable Energy Reviews, 78. pp. 640-647. ISSN 1364-0321 http://www.sciencedirect.com/science/article/pii/S1364032117306354 10.1016/j.rser.2017.05.010
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HB Economic Theory HC Economic History and Conditions
spellingShingle	HB Economic Theory HC Economic History and Conditions Rahman, Md Saifur Md Noman, Abu Hanifa Shahari, Farihana Does economic growth in Malaysia depend on disaggregate energy
description	This study aims to investigate long-run relationship between economic growth and disaggregated energy consumption in Malaysia. Toda-Yamamoto (T-Y), the modified Granger causality test, along with annual disaggregated energy and real GDP growth data from 1971 to 2014 was used in the investigation process. This paper presents several outcomes; firstly, this paper argues that the Malaysian economy is energy dependent and sensitive to energy supply shocks. Secondly, the usage of energy inputs in Malaysian economy is found to be consumed inefficiently meaning that usage of higher energy resources does not contribute the economic growth significantly, rather causes environmental pollution badly. Thirdly, the finding indicates that economic growth and environmental pollution through spreading carbon emissions are responsive to each other. In this circumstance, the Malaysian economy has to find a way to consume the energy inputs efficiently so that economic growth is improved, while negative externality in the environment is reduced. Therefore, the study presents significant policy implications in order to improve the energy efficiency and reduce environmental pollution.
format	Article
author	Rahman, Md Saifur Md Noman, Abu Hanifa Shahari, Farihana
author_facet	Rahman, Md Saifur Md Noman, Abu Hanifa Shahari, Farihana
author_sort	Rahman, Md Saifur
title	Does economic growth in Malaysia depend on disaggregate energy
title_short	Does economic growth in Malaysia depend on disaggregate energy
title_full	Does economic growth in Malaysia depend on disaggregate energy
title_fullStr	Does economic growth in Malaysia depend on disaggregate energy
title_full_unstemmed	Does economic growth in Malaysia depend on disaggregate energy
title_sort	does economic growth in malaysia depend on disaggregate energy
publisher	Elsevier Ltd
publishDate	2017
url	http://irep.iium.edu.my/57258/ http://irep.iium.edu.my/57258/ http://irep.iium.edu.my/57258/ http://irep.iium.edu.my/57258/1/57258_Does%20economic%20growth_complete.pdf http://irep.iium.edu.my/57258/2/57258_Does%20economic%20growth_SCOPUS.pdf
first_indexed	2023-09-18T21:20:54Z
last_indexed	2023-09-18T21:20:54Z
_version_	1777411875039870976

Does economic growth in Malaysia depend on disaggregate energy

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