Electricity consumption, income, foreign direct investment, and population in Malaysia

2009 ◽  
Vol 36 (4) ◽  
pp. 371-382 ◽  
Author(s):  
Chor Foon Tang
Author(s):  
S. Maheswaranathan

Purpose: This paper investigates the long run relationship between electricity consumption, foreign direct investment and economic growth in Sri Lanka. Design/Methodology/Approach: The annual time series data over the period 1970–2017 is considered to this study. Augmented Dickey–Fuller (ADF) unit root analysis is employed for examining the stationary properties of the variables. Consequently, Autoregressive Distributed Lag (ARDL) analysis is employed to examining the short- run and long-run relationship between electricity consumption, foreign direct investment and economic growth in Sri Lanka. Further, this study used the diagnostic tests such as the residual normality test, heteroskedasticity and serial autocorrelation tests for misspecification to validate the parameter estimation outcomes achieved by the estimated model. CUSUM test is applied to test the stability of the model. Collected data were analyzed using STATA version 15. Findings: The findings of the bound test confirm that the variables are cointegrated. Further the results reveal that there is a statistically positive significant relationship between electricity consumption, foreign direct investment and economic growth in Sri Lanka in the long run and short term. The empirical finding reveals that one percent increase in electricity consumption and foreign direct investment increases the GDP by 1.5 percent and 12.9 percent in the long run respectively.


Author(s):  
Amal Hassan ALmalki, Nahla Sadrudden Samargandi, Abla Abdulh

This study examined the impact of a number of economic determinants such as economic growth, electricity consumption, foreign direct investment, financial development, trade openness and their contribution to increase or decrease of carbon dioxide (CO2) emissions in Saudi Arabia. To explore the long-run relationships between the variables, the autoregressive distributed lag (ARDL) methodology, is employed to analyze time series data for the period 1980-2017. Results indicates that there has is a long-term positive relationship between electricity consumption, economic growth, trade openness, and carbon dioxide emissions. A long-term negative relationship is existed between both foreign direct investment and the financial development, and carbon dioxide emissions. Therefore, we see how important it is to reduce dependence on fossil fuels and switch to renewable energy in electricity production. This indicates the importance of Vision 2030 to reduce dependence on oil as a major source of income and to support economic growth by developing the non-oil sector. And the importance of raising the efficiency of funding and providing the necessary liquidity to support the industrial sectors with the imposition of strict environmental laws.        


2021 ◽  
Author(s):  
Sun Yawen ◽  
Qingquan Jiang ◽  
Shoukat Iqbal Khattak ◽  
Manzoor Ahmad ◽  
Hui Li

Abstract Higher education R&D expenditures (HEEXP) are one of the important determinants of economic growth that facilitates science, technology, new ideas, and innovation, but its effect on environmental sustainability remains unexplored. This paper examines the nexus between HEEXP and carbon dioxide emissions (CO2e), followed by control variables such as electricity consumption, foreign direct investment, gross domestic product, and total population for the period 2000Q1-2019Q4. Some of the key results are as follows. First, the present findings confirmed the long-run cointegration among variables. Second, the finding showed significant long-term negative nexus between HEEXP and CO2e. Third, the findings indicated that electricity consumption, foreign direct investment, gross domestic product, and total population are the important factors that intensify the overall situation of CO2e. Fourth, the results indicated that there exist a bi-directional causality between EC and CO2e; FDI and CO2e; GDP and CO2e; POP and CO2e and HEEXP, and CO2e.


Energies ◽  
2019 ◽  
Vol 12 (10) ◽  
pp. 1879 ◽  
Author(s):  
Abbas Ali Chandio ◽  
Yuansheng Jiang ◽  
Abdul Rauf ◽  
Amir Ali Mirani ◽  
Rashid Usman Shar ◽  
...  

The main objective of this paper is to examine the long-term effects of financial development, economic growth, energy consumption (electricity consumption in the agriculture sector), foreign direct investment (FDI), and population on the environmental quality in Pakistan during the period of 1980 to 2016. We use CO2 emissions from the agriculture sector as a proxy indicator for environmental quality. We employ various unit root tests (e.g., ADF, PP, ERS, KPSS) and structural break unit root tests (Z&A, CMR) to check the stationarity and structural break in the data series. Cointegration tests, i.e., Johansen, Engle-Granger, and ARDL cointegration approaches are used to ensure their robustness. Results showed that significant long-term cointegration exists among the variables. Findings also indicated that an increase in financial development and foreign direct investment (FDI) improves environmental quality, whereas the increase in economic growth and electricity consumption in the agriculture sector degrades environmental quality in Pakistan. Based on the findings, we suggest policymakers should provide a conducive environment for foreign investment. Moreover, it is also suggested that a reliance on fossil fuels be reduced and a transition to renewable energy sources be encouraged to decrease the environmental pollution in the country.


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