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

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)...

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Main Authors: Yuvensius Sri Susilo, Matthew Kartawinata, Jonathan Ersten Herawan
Format: Article
Language:English
Published: EconJournals 2024-05-01
Series:International Journal of Energy Economics and Policy
Subjects:
Online Access:https://www.econjournals.com.tr/index.php/ijeep/article/view/15676
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author Yuvensius Sri Susilo
Matthew Kartawinata
Jonathan Ersten Herawan
author_facet Yuvensius Sri Susilo
Matthew Kartawinata
Jonathan Ersten Herawan
author_sort Yuvensius Sri Susilo
collection DOAJ
description 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$). This research uses GDP Per Capita (current USD) data sourced from world banks with a period from 1994 to 2021 and Data for Coal Consumption per capita (Kwh), Oil Consumption per capita (Kwh), Gas Consumption per capita (Kwh), and Renewable energy consumption per capita (Kwh) from Our Wold within a period from 1994 to 2021. The data used is data from 11 Asian countries, which is Mainland China, The Republic of Korea, Japan, India, Bangladesh, Pakistan, Thailand, Indonesia, Malaysia, Philippines, and Viet Nam. The analysis method used is Panel Data Econometrics, with Ordinary Least Square and Fixed Effect Model. The result from this research shows that Oil Consumption per capita (Kwh), Coal consumption per capita (Kwh), Gas Consumption per capita (Kwh), and Renewable energy consumption per capita (Kwh) have a positive significant effect towards GDP per capita (current USD).
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series International Journal of Energy Economics and Policy
spelling doaj-art-888016e922b04c47a1d7e9f6e237d97b2024-12-27T01:04:41ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532024-05-0114310.32479/ijeep.15676The Effect of Energy Consumption Towards Economic Growth: The Case of 11 Asian CountriesYuvensius Sri Susilo0Matthew Kartawinata1Jonathan Ersten Herawan2Faculty of Business and Economics, Universitas Atma Jaya Yogyakarta, IndonesiaFaculty of Business and Economics, Universitas Atma Jaya Yogyakarta, IndonesiaFaculty of Business and Economics, Universitas Atma Jaya Yogyakarta, Indonesia This research aims to determine and analyze the effect of Coal Consumption per capita (Kwh), Oil Consumption per capita (Kwh), Gas Consumption per capita (Kwh), and Renewable energy consumption per capita (Kwh) towards GDP per capita (current US$). 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). https://www.econjournals.com.tr/index.php/ijeep/article/view/15676GDP Per Capita, Energy Consumption Per Capita, 11 Asian Countries, EGLS Panel Data Econometrics
spellingShingle Yuvensius Sri Susilo
Matthew Kartawinata
Jonathan Ersten Herawan
The Effect of Energy Consumption Towards Economic Growth: The Case of 11 Asian Countries
International Journal of Energy Economics and Policy
GDP Per Capita, Energy Consumption Per Capita, 11 Asian Countries, EGLS Panel Data Econometrics
title The Effect of Energy Consumption Towards Economic Growth: The Case of 11 Asian Countries
title_full The Effect of Energy Consumption Towards Economic Growth: The Case of 11 Asian Countries
title_fullStr The Effect of Energy Consumption Towards Economic Growth: The Case of 11 Asian Countries
title_full_unstemmed The Effect of Energy Consumption Towards Economic Growth: The Case of 11 Asian Countries
title_short The Effect of Energy Consumption Towards Economic Growth: The Case of 11 Asian Countries
title_sort effect of energy consumption towards economic growth the case of 11 asian countries
topic GDP Per Capita, Energy Consumption Per Capita, 11 Asian Countries, EGLS Panel Data Econometrics
url https://www.econjournals.com.tr/index.php/ijeep/article/view/15676
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