The relationship between the transportation export value and energy consumption of Thailand

Autor: Kitimaporn Choochote, Sukanya Sirimat, Tanawat Watchallanun, Sakkarin Nonthapot
Jazyk: angličtina
Rok vydání: 2023
Předmět:
Zdroj: Decision Science Letters, Vol 12, Iss 1, Pp 1-12 (2023)
Druh dokumentu: article
ISSN: 1929-5804
1929-5812
DOI: 10.5267/j.dsl.2022.11.002
Popis: 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.
Databáze: Directory of Open Access Journals