期刊名称：International Journal of Energy Economics and Policy
电子版ISSN：2146-4553
出版年度：2021
卷号：11
期号：2
页码：23-29
DOI：10.32479/ijeep.10644
出版社：EconJournals
其他摘要：This paper attempts to investigate the energy consumption and trade openness by taking into consideration the economic growth among associations within countries of Asia. The database was constructed and restricted to a sub-region area in southeast Asia well knows as Brunei, Indonesia, Malaysia, and the Philippines or BIMP-EAGA. The initiative, established in 1994 aims to increase the economic development of its members. We employed panel data analysis to examine the said linkage using panel co-integration on data taken for the period between 1970 to 2016. The approaches for panel data were the dynamic ordinary least squares (DOLS) and fully modified ordinary least squares (FMOLS). From our analysis, the findings indicated a significance and positive relationship between energy consumption, trade openness and economic growth. Additionally, we noted that both indicators are important among association to foster economic wellbeing. Furthermore, the benefit of this initiative of collaboration was highly successful.
其他关键词：BIMP-EAGA; trade openness; economic growth; energy consumption
