The Effect of Energy Consumption Towards Economic Growth: The Case of 11 Asian Countries

Q1 Economics, Econometrics and Finance International Journal of Energy Economics and Policy Pub Date : 2024-05-08 DOI:10.32479/ijeep.15676

Y. Susilo, Matthew Kartawinata, J. Herawan

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Abstract

This research aims to determine and analyze the effect of Coal Consumption per capita (Kwh), Oil Consumption per capita (Kwh), Gas Consumption per capita (Kwh), and Renewable energy consumption per capita (Kwh) towards GDP per capita (current US$). This research uses GDP Per Capita (current USD) data sourced from world banks with a period from 1994 to 2021 and Data for Coal Consumption per capita (Kwh), Oil Consumption per capita (Kwh), Gas Consumption per capita (Kwh), and Renewable energy consumption per capita (Kwh) from Our Wold within a period from 1994 to 2021. The data used is data from 11 Asian countries, which is Mainland China, The Republic of Korea, Japan, India, Bangladesh, Pakistan, Thailand, Indonesia, Malaysia, Philippines, and Viet Nam. The analysis method used is Panel Data Econometrics, with Ordinary Least Square and Fixed Effect Model. The result from this research shows that Oil Consumption per capita (Kwh), Coal consumption per capita (Kwh), Gas Consumption per capita (Kwh), and Renewable energy consumption per capita (Kwh) have a positive significant effect towards GDP per capita (current USD).

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能源消耗对经济增长的影响：11 个亚洲国家的案例

本研究旨在确定和分析人均煤炭消耗量（千瓦时）、人均石油消耗量（千瓦时）、人均天然气消耗量（千瓦时）和人均可再生能源消耗量（千瓦时）对人均国内生产总值（现值美元）的影响。本研究使用的人均国内生产总值（现值美元）数据来自世界银行，时间跨度为 1994 年至 2021 年；人均煤炭消耗量（千瓦时）、人均石油消耗量（千瓦时）、人均天然气消耗量（千瓦时）和人均可再生能源消耗量（千瓦时）数据来自 Our Wold，时间跨度为 1994 年至 2021 年。所使用的数据来自 11 个亚洲国家，即中国大陆、大韩民国、日本、印度、孟加拉国、巴基斯坦、泰国、印度尼西亚、马来西亚、菲律宾和越南。使用的分析方法是面板数据计量经济学，采用普通最小平方和固定效应模型。研究结果表明，人均石油消耗量（千瓦时）、人均煤炭消耗量（千瓦时）、人均天然气消耗量（千瓦时）和人均可再生能源消耗量（千瓦时）对人均国内生产总值（现值美元）有正向显著影响。

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来源期刊

International Journal of Energy Economics and Policy Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

3.20

自引率

0.00%

发文量

296

审稿时长

14 weeks

期刊介绍： International Journal of Energy Economics and Policy (IJEEP) is the international academic journal, and is a double-blind, peer-reviewed academic journal publishing high quality conceptual and measure development articles in the areas of energy economics, energy policy and related disciplines. The journal has a worldwide audience. The journal''s goal is to stimulate the development of energy economics, energy policy and related disciplines theory worldwide by publishing interesting articles in a highly readable format. The journal is published bimonthly (6 issues per year) and covers a wide variety of topics including (but not limited to): Energy Consumption, Electricity Consumption, Economic Growth - Energy, Energy Policy, Energy Planning, Energy Forecasting, Energy Pricing, Energy Politics, Energy Financing, Energy Efficiency, Energy Modelling, Energy Use, Energy - Environment, Energy Systems, Renewable Energy, Energy Sources, Environmental Economics, Oil & Gas .