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Elasticity and causality among electricity generation from renewable energy and its determinants in Malaysia

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dc.citedby9
dc.contributor.authorBekhet H.A.en_US
dc.contributor.authorHarun N.H.en_US
dc.contributor.authorid37100908800en_US
dc.contributor.authorid57193952925en_US
dc.date.accessioned2023-05-29T06:40:36Z
dc.date.available2023-05-29T06:40:36Z
dc.date.issued2017
dc.description.abstractRenewable energy (RE) is a significant issue in attaining low-carbon emissions for Malaysia�s economic development path. Therefore, this study investigates the determinants (capital, labor, economic growth, and financial development [FD]), which has an influence on RE generation, using time-series data from 1982 to 2015 period. The augmented Cobb�Douglas production function, F-bound test, and vector error correction model are employed to achieve the objectives of the study. The result of the analysis indicates a dynamic relationship among these variables. The long-run elasticity of capital and labor promotes RE generation, while the responsiveness of economic growth and FD undermine electricity generation from RE. Furthermore, there is long-run bidirectional causal relationship between capital and RE generation. Similarly, the feedback effect is found between labor and electricity generation from RE. Economic growth and FD are found to influence RE generation. Accordingly, the Malaysian government should pursue policies to enhance the utilization of RE sources toward national electricity supply security and sustainable socio-economic development. � 2017, Econjournals. All rights reserved.en_US
dc.description.natureFinalen_US
dc.identifier.epage216
dc.identifier.issue2
dc.identifier.scopus2-s2.0-85017622489
dc.identifier.spage202
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85017622489&partnerID=40&md5=582f371c192011ddad08761828393a63
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/23452
dc.identifier.volume7
dc.publisherEconjournalsen_US
dc.sourceScopus
dc.sourcetitleInternational Journal of Energy Economics and Policy
dc.titleElasticity and causality among electricity generation from renewable energy and its determinants in Malaysiaen_US
dc.typeArticleen_US
dspace.entity.typePublication
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