Energy Consumption and Economic Growth - Farabi, Ahmad
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The book attempts to analyze the relationship between energy consumption and economic growth in Indonesia and Malaysia. By employing the cointegration and Granger causality test, the book examines the causal direction between energy consumption and economic growth which provides critical input for the implementation of the energy conservation policy. Annual data on oil consumption and GDP are considered, covering the period from 1965 to 2010. The result highlights that there is cointegration relationship between energy consumption and economic growth in both countries.

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Produktbeschreibung
The book attempts to analyze the relationship between energy consumption and economic growth in Indonesia and Malaysia. By employing the cointegration and Granger causality test, the book examines the causal direction between energy consumption and economic growth which provides critical input for the implementation of the energy conservation policy. Annual data on oil consumption and GDP are considered, covering the period from 1965 to 2010. The result highlights that there is cointegration relationship between energy consumption and economic growth in both countries.
Autorenporträt
Ahmad Farabi M.Ec was born in Indonesia and completed his Master in Economics from International Islamic University Malaysia (IIUM). Currently, he works as SAP FICO Consultant in Indonesia and also as part-time lecturer for subject Economic Development and Macroeconomic Theory.