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dc.contributor.authorRafiq, S.
dc.contributor.authorSalim, Ruhul
dc.date.accessioned2017-01-30T15:07:42Z
dc.date.available2017-01-30T15:07:42Z
dc.date.created2015-03-03T20:13:48Z
dc.date.issued2009
dc.identifier.citationRafiq, S. and Salim, R. 2009. Temporal causality between energy consumption and income in six Asian emerging countries. Applied Ecomics Quarterly. 55 (4): pp. 1-16.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/43455
dc.description.abstract

This article examines the short- and long-run causal relationship between energy consumptionand GDP of six emerging economies of Asia. Based on cointegration and vectorerror correction modeling the empirical results show that there exists a unidirectional shortandlong-run causality running from energy consumption to GDP for China, a unidirectionalshort-run causality from output to energy consumption for India, whilst a bi-directionalshort-run causality for Thailand. Neutrality between energy consumption and income isfound for Indonesia, Malaysia and Philippines. Following causality results India may contributeto the fight against global warming directly implementing energy conservation measures.For China, where causality runs from energy consumption to output, the country shouldfocus on technological developments and mitigation policies. Since a bi-directional causalityis found in Thailand, a balanced combination of alternative policies seems to be appropriate.Nevertheless, all the countries may initiate environmental policies aimed at decreasing energyintensity, increasing energy efficiency, developing a market for emission trading.

dc.publisherDuncker & Humblot GmbH, 12165 Berlin
dc.subjectError correction model
dc.subjectGeneralized variance - decompositions
dc.subjectEnergy conservation
dc.subjectCointegration
dc.subjectGeneralized impulse response functions
dc.titleTemporal causality between energy consumption and income in six Asian emerging countries
dc.typeJournal Article
dcterms.source.volume55
dcterms.source.number4
dcterms.source.startPage1
dcterms.source.endPage16
dcterms.source.issn1611-6607
dcterms.source.titleApplied Ecomics Quarterly
curtin.departmentSchool of Economics and Finance
curtin.accessStatusFulltext not available


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