Impact of Energy Consumption on Economic Growth of Malaysia: Crisis Effect

Jerome, Kueh and Josephine, Yau Tan Hwang and Audrey, Liwan (2021) Impact of Energy Consumption on Economic Growth of Malaysia: Crisis Effect. Journal of Contemporary Issues in Business and Government, 27 (2). pp. 5364-5373. ISSN 2204-1990

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Abstract

The study aims to examine the impact of energy consumption on the economic growth of Malaysia by considering the 1997 Asian Financial Crisis and 2009 Global Financial Crisis. Autoregressive distributed lag (ARDL) bounds testing method is adopted to estimate the long run and short run impact for the sample period from 1980 to 2019. Empirical findings show that energy consumption has a positive impact on the economic growth of Malaysia in the long run. Furthermore, the impact of energy consumption on growth intensifies during both financial crisis periods.

Item Type: Article
Uncontrolled Keywords: Energy consumption, ARDL, financial crisis, UNIMAS, University, Borneo, Malaysia, Sarawak, Kuching, Samarahan, IPTA, Education, Universiti Malaysia Sarawak
Subjects: H Social Sciences > HB Economic Theory
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Depositing User: Swee Hui
Date Deposited: 28 May 2021 02:56
Last Modified: 28 May 2021 02:56
URI: http://ir.unimas.my/id/eprint/35357

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