{"title":"Nexus Between Energy Intensity and Economic Globalization in a Landlocked Country Nepal","authors":"Keshav Raj Panthee, P. Noppradit","doi":"10.1177/00219096241249979","DOIUrl":null,"url":null,"abstract":"Energy intensity, a major indicator used worldwide to measure energy efficiency, is of paramount importance to Nepal in the context of energy dependency with India in both the major energy sources: fossil fuels and electricity. In this context, this study has attempted to analyze the impact of economic globalization on the energy intensity of Nepal over the period 1990 to 2019 using dynamic ordinary least squares (DOLS), fully modified ordinary least squares, and canonical cointegrating regression (CCR) method. The results show highly significant and negative impact of economic globalization on energy intensity in Nepal.","PeriodicalId":506002,"journal":{"name":"Journal of Asian and African Studies","volume":" 40","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Asian and African Studies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1177/00219096241249979","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
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Abstract
Energy intensity, a major indicator used worldwide to measure energy efficiency, is of paramount importance to Nepal in the context of energy dependency with India in both the major energy sources: fossil fuels and electricity. In this context, this study has attempted to analyze the impact of economic globalization on the energy intensity of Nepal over the period 1990 to 2019 using dynamic ordinary least squares (DOLS), fully modified ordinary least squares, and canonical cointegrating regression (CCR) method. The results show highly significant and negative impact of economic globalization on energy intensity in Nepal.
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