Energy Consumption And Sectoral Outputs Of Myanmar

Venus, Khim-Sen Liew and Thurai Murugan, Nathan (2012) Energy Consumption And Sectoral Outputs Of Myanmar. In: POSTGRADUATE CONFERENCE ON SOCIAL SCIENCES AND HUMANITIES 2012, 9-10 July 2012, Universiti Malaysia Sarawak (UNIMAS), Kota Samarahan.

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Abstract

The purpose of this paper is to investigate the cointegration and causality link between selected type of energy consumption and selected sectoral outputs in Myanmar for 1980-2009 periods. The sum of selected sectors examined in this study contributed more than 80% to the GDP of Myanmar for the time period under studied (United Nation, 2011). The common time series econometrics analysis such as unit root, cointegration and the Granger causality tests have been applied in estimating the results in intention of achieving the objective of the study. For the cointegration test, ARDL bound testing approach which is developed by Pesaran et al. (2001) has been applied. This is followed by the Granger causality of ARDL framework. The empirical results suggested that the sectoral outputs of Myanmar have long-run relationship at least with one type of energy consumption. The causality directions run from all the sectoral outputs towards electricity, other energy, oil (just two sectors only) and gas consumption consistently,

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