Disaggregated Energy Consumption and Sectoral Outputs in Thailand: ARDL Bound Testing Approach

Nathan, Thurai Murugan and Liew, Venus Khim-Sen and Wong, Wing-Keung (2016) Disaggregated Energy Consumption and Sectoral Outputs in Thailand: ARDL Bound Testing Approach. Journal of Management Sciences, 3 (1). pp. 41-53. ISSN 2313-0113

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Abstract

From an economic perspective, energy-output relationship studies have become in- creasingly popular in recent times, partly fuelled by a need to understand the effect of energy on production outputs rather than overall GDP. This study dealt with disaggregated energy consump- tion and output of some major economic sectors in Thailand. ARDL Bound Testing approach was employed to examine the co-integration relationship. The Granger causality test of the afore- mentioned ARDL framework was done to investigate the corresponding causality effect. Results showed that, from year 1980 to 2010, productivity of most scrutinized industries was highly reliant on crude oil and natural gas. However, coal usage in transportation and agricultural industries can be reduced without affecting productivity. Few recommendations are given thereafter for Thailand to better manage their imported and local energy sources.

Item Type: Article
Uncontrolled Keywords: Sectoral outputs, disaggregated energy consumption, ARDL Bound testing, Thai-land, economic growth, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, research, Universiti Malaysia Sarawak
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Depositing User: Ab Rahim
Date Deposited: 09 Oct 2017 07:42
Last Modified: 09 Oct 2017 07:42
URI: http://ir.unimas.my/id/eprint/17983

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