Abdul Razak, Nor Azam and Ismail, Nur Hafizah and Abd Karim, Mohd Zaini and Abdul Hakim, Roslan and Sharif, Arshian (2026) Does Energy Productivity Affect a Country's Economic Efficiency? Evidence From Selected Asean Countries. Journal of Economics and Sustainability (JES), 8 (1). pp. 84-101. ISSN 2637-1294
Preview |
PDF
- Published Version
Available under License Attribution 4.0 International (CC BY 4.0). Download (459kB) | Preview |
Abstract
With the continuous increase in the demand for energy, rapid and sustained growth in energy consumption and low growth in energy production, one of the top priorities for sustainable development and environmental protection is to reduce energy usage and improve economic efficiency. Although it is clear that energy productivity has a positive impact on a country’s economic efficiency, how sensitive is the response of economic efficiency is to the increase in energy productivity needs to be analyzed. Hence, our study intends to analyze the effect of energy productivity on economic efficiency in the ASEAN countries. The present study utilizes the advanced methodology of CS-ARDL, which is known for producing robust and reliable results, on the ASEAN region which comprises countries that are still dependent on non-renewable energy, thereby drastically polluting the environment. The findings from the CS-ARDL method revealed that energy productivity has a positive and significant relationship with economic efficiency. Based on the findings, several recommendations are proposed, such as adopting renewable energy resources that support environmentally friendly energy production to ensure sustainable energy and encouraging smart energy systems to be installed at government buildings or manufacturing buildings which deploy new technologies that increase energy efficiency.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Energy consumption, energy productivity, economic efficiency, CS-ARDL, ASEAN |
| Subjects: | H Social Sciences > HC Economic History and Conditions |
| Divisions: | School of Economics, Finance & Banking |
| Depositing User: | Mrs. Norazmilah Yaakub |
| Date Deposited: | 09 Nov 2026 13:37 |
| Last Modified: | 09 Nov 2026 13:37 |
| URI: | https://repo.uum.edu.my/id/eprint/34721 |
Actions (login required)
![]() |
View Item |
Dimensions
Dimensions