Comparison of Energy Consumption to Economic Growth in Developing Asian and Developed Asian Countries

Autor: Toto Gunarto, Ukhti Ciptawaty, Dedy Yuliawan, Ahmad Mahyudin, Ahmad Dhea Pratama, Heru Wahyudi
Jazyk: angličtina
Rok vydání: 2024
Předmět:
Zdroj: International Journal of Energy Economics and Policy, Vol 14, Iss 1 (2024)
Druh dokumentu: article
ISSN: 2146-4553
DOI: 10.32479/ijeep.14871
Popis: This study will analyze the comparative use of Economic Stability Comparisons from the Consumption of Fossil and New and Sustainable Energy: Developed and Developing Countries in Asia, including developing countries Indonesia, Malaysia and Thailand and developed countries Japan, the United Arab Emirates and South Korea. This study uses a panel cross-section/observation form of 6 Asian countries by taking the category of 3 developing countries and 3 developed countries. The time series takes the period 2005-2021, using the ordinary least squares (OLS) method. The results of a study of 3 developing Asian countries namely Indonesia, Malaysia and Thailand GDP Per Unit Energy Use and consumption of sustainable energy have a positive and significant influence and consumption of fossil energy has no effect on growth. In the equation model of 3 developed Asian countries, namely Japan, the United Arab Emirates and South Korea, GDP per Unit Energy Use has a positive and significant influence, sustainable energy consumption has no effect on economic growth, fossil energy consumption has a positive and significant influence in region 3 developed Asian countries during 2005-2021.
Databáze: Directory of Open Access Journals