能源消费与经济增长的关系的case study [6]
论文作者:英语论文论文属性:案例分析 Case Study登出时间:2014-09-30编辑:yangcheng点击率:10469
论文字数:8874论文编号:org201409291722473327语种:英语 English地区:美国价格:免费论文
关键词:Economics Essay能源消费经济增长Economic Growth
摘要:本文是加拿大留学生分析能源消费与经济增长的关系的case study,在最近的几十年中,与能源相关的问题探讨已经成为世界经济中最重要的领域之一。这种重要性已经从发达国家和发展中国家的经济中与能源相关的问题上凸显出来,经济环境中的工业能源消费一直是不同国家的经济学家们在讨论的问题。
uded that for Malaysia, Singapore, Philippines the result of the test is non-co integrated but for India there is a unidirectional causality from energy consumption to GDP this causality is vice versa for Indonesia, it’s from GDP to energy consumption and for Pakistan there is bidirectional causality between two variables.
Also these researchers did the same investigation for two other countries. Masih and Masih (1997) tested the causality of energy consumption and GDP for Korea and Taiwan. The period that they tested the hypo
thesis was from 1955 to 1991 for Korea and from 1952 to 1992 for Taiwan they used error correction model for their research and they concluded that for Taiwan there is a bidirectional causality between GDP and energy consumption but for Korea this relationship is unidirectional from energy consumption to GDP.
In continue, Asafu-Adjaye (2000) focused on some other Asian countries , their research was focused on India, Indonesia, Turkey, Thailand and Philippines. The period that they choose for their research was from 1973 to 1995 and the model that chooses to use was error- correction model. they concluded that for India, Indonesia and Turkey the relationship between GDP and energy consumption is unidirectional and from energy consumption to GDP but for Thailand and Philippines this is not the case. The relation is bidirectional between GDP and energy consumption.
Glasure (2002) did the same study for the case of Korea. he investigated the causality of GDP and energy consumption between 1961 and 1990 and he used the error correction model and concluded that the causality is bidirectional between GDP and energy consumption in the following year Soytas and Sari (2003) did the same study for Korea, Argentina, Turkey, Indonesia and Poland from 1952 to 1992 and he concluded that for Korea there is a unidirectional correlation from GDP to energy consumption and for Indonesia he stated that test results are Non-co integrated thereafter in the same year Oh and Lee (2004) conducted the same research again for Korea using the same model and used the data stream of 1970 to 1999 and he reached to the conclusion that energy consumption and GDP have bidirectional correlation during the tested period.
And finally, Lee (2005) made a more detailed and wider research and focused on 18 developing and 11 developed countries all over the world. He used panel VARs in his study and the data stream was from 1975 to 2001. He concluded by his research that there is unidirectional correlation from energy consumption to GDP growth for 18 developing countries and for developed countries there is bidirectional causality.
as its mentioned above during 3 recent decades so many researches’ have been conducted to discover the relationship of energy consumption and GDP growth in so many Asian countries, the methods that has been used are Standard Granger test, error correction model and Panel VECM for these Asian countries and most of these researches have been done for more than 20 data points. but for other countries of the world some other models like Granger noncausality test has been used.
The Federation of Malaysia formed in 1963, originally consisted of Malaya, Singapore, Sarawak and Sabah. Due to internal political issues Singapore detached from Malaysia in 1965. Malaya is now known as Peninsular Malaysia, and the two other territories on the island of B
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