Kitimaporn Choochote, Sukanya Sirimat, Tanawat Watchallanun, S. Nonthapot
{"title":"The relationship between the transportation export value and energy consumption of Thailand","authors":"Kitimaporn Choochote, Sukanya Sirimat, Tanawat Watchallanun, S. Nonthapot","doi":"10.5267/j.dsl.2022.11.002","DOIUrl":null,"url":null,"abstract":"This study was conducted to consider the relationship between the transportation export value (TR) and energy consumption of Thailand (EN) in the long run by a comparative analysis that relied on testing by the ARDL and NARDL models. The Granger causality of each item was also tested by quarterly time series data from Quarter 1 of 2011-Quarter 4 of 2021. The results revealed a long relationship from the EN to TR. However, only the reduction of the TR affected the EN. According to the results, the energy agencies of Thailand should maintain the balance of EN and sufficient energy imports to drive the TR for its stability.","PeriodicalId":38141,"journal":{"name":"Decision Science Letters","volume":null,"pages":null},"PeriodicalIF":1.4000,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Decision Science Letters","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.5267/j.dsl.2022.11.002","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"OPERATIONS RESEARCH & MANAGEMENT SCIENCE","Score":null,"Total":0}
引用次数: 1
Abstract
This study was conducted to consider the relationship between the transportation export value (TR) and energy consumption of Thailand (EN) in the long run by a comparative analysis that relied on testing by the ARDL and NARDL models. The Granger causality of each item was also tested by quarterly time series data from Quarter 1 of 2011-Quarter 4 of 2021. The results revealed a long relationship from the EN to TR. However, only the reduction of the TR affected the EN. According to the results, the energy agencies of Thailand should maintain the balance of EN and sufficient energy imports to drive the TR for its stability.
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