Dynamics of energy use, technological innovation, economic growth and trade openness in Malaysia

Sohag, Kazi; Begum, Rawshan Ara; Abdullah, Sharifah Mastura Syed; Jaafar, Mokhtar

doi:10.1016/j.energy.2015.06.101

Cited by 339 publications

(177 citation statements)

References 62 publications

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“…According to [36], the latest diesel price in Malaysia is MYR 1.60/ L or 0.39 $/L (the currency exchange rate is according to the trade currency of December 2015, US $1 equivalent to MYR 4.31.). Malaysian Government can remove the subsidy on diesel and petrol in future, thus the price may change extensively.…”

Section: Diesel Pricementioning

confidence: 99%

A techno-economic assessment of a combined heat and power photovoltaic/fuel cell/battery energy system in Malaysia hospital

Isa

Das

Tan

et al. 2016

Energy

165

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Section: Diesel Pricementioning

confidence: 99%

A techno-economic assessment of a combined heat and power photovoltaic/fuel cell/battery energy system in Malaysia hospital

Isa

Das

Tan

et al. 2016

Energy

165

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“…3 When Schumpeter wrote about innovation, he clearly intended to emphasize not only the "destructive" aspect of creative destruction, but the "creative" part as well (Aghion and Howitt, 1992;Freeman and Soete 1997;Hassan and Tucci 2010). 4 See Agenor and Neanidis (2015), Howitt (2009), Corrado et al (2012;2013); Dachs andPeters (2014), de Serres et al (2006), Dosi (1988), Fagerberg (1994), Fan (2011), Galindo andMendez-Picazo (2013), Grossman (2009), Grossman andHelpman (1994), Hanley et al (2011), Hsu et al (2015, Hudson and Minea (2013), Huang (2011), Kirchhoff (1994, Laeven et al (2015), Mandel (2009), Navas (2015, OECD (2005bOECD ( , 2007, Petrakis et al (2015), Rogers (1995), Roig-Tierno et al (2015), Sohag et al (2015), Tellis et al (2008), andWennekers (1999). 5 It can be noted that most of the previous works on "innovation-growth nexus" are flooded with production function approach and lacks in Granger causality approach.…”

Section: Endnotesmentioning

confidence: 99%

Does innovation promote economic growth? Evidence from European countries

et al. 2017

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The paper examines the long-run relationship between innovation and per capita economic growth in the 19 European countries over the period 1989-2014. This study uses six different indicators of innovation: patents-residents, patents-nonresidents, research and development expenditure, researchers in research and development activities, high-technology exports, and scientific and technical journal articles to examine this long-run relationship with per capita economic growth. Using cointegration technique, the study finds evidence of long-run relationship between innovation and per capita economic growth in most of the cases, typically with reference to the use of a particular innovation indicator. Using Granger causality test, the study finds the presence of both unidirectional and bidirectional causality between innovation and per capita economic growth. These results vary from country to country, depending upon the types of innovation indicators that we use in the empirical investigation process. Most importantly, the study finds that all these innovation indicators are considerably linked with per capita economic growth. This particular linkage is either supply-leading or demand-following in some occasions, while it is the occurrence of both in some other occasions. The policy implication of this study is that countries should recognize the differences in innovation and per capita economic growth in order to maintain sustainable development in these countries.

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“…Some scholars [17][18][19][20][21]23] have argued that foreign direct investment (FDI), which accumulates human capital, plays a vital role in a country's level of technological innovation.…”

Section: How Is Technological Innovation Measured?mentioning

confidence: 99%

“…Sohag et al [19], Yin and Yang [5], and Du and Yan [6] examined the relationship between total energy consumption and progress in a country, and all suggested that technological innovation reduces energy consumption which then realizes sustainability, although there was broad variation in the countries studied. …”

Section: Previous Researchmentioning

confidence: 99%

What Is the Relationship between Technological Innovation and Energy Consumption? Empirical Analysis Based on Provincial Panel Data from China

2018

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This paper investigates the relationship between energy consumption and technological innovation using a dynamic panel data model and regional-level data from China for the period 1995-2012. In contrast to previous studies, it examines the short and long-run bilateral relationship between technological innovation and energy consumption. The results show that in the short run, technological innovation leads to an increase in energy consumption, while energy consumption has no significant effect on technological innovation. In the long run, however, energy consumption is positively and bilaterally related to technological innovation. These findings suggest that although technological innovation does not directly lead to a reduction in energy consumption as mentioned in the extant literature, it could help achieve sustainability through improving energy efficiency and developing energy structure for developing countries.

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Dynamics of energy use, technological innovation, economic growth and trade openness in Malaysia

Cited by 339 publications

References 62 publications

A techno-economic assessment of a combined heat and power photovoltaic/fuel cell/battery energy system in Malaysia hospital

A techno-economic assessment of a combined heat and power photovoltaic/fuel cell/battery energy system in Malaysia hospital

Does innovation promote economic growth? Evidence from European countries

What Is the Relationship between Technological Innovation and Energy Consumption? Empirical Analysis Based on Provincial Panel Data from China

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