Abstract
The article aims to investigate impacts of determinants on energy use in 13 Asian countries for the past two decades (1996-2015) by employing a panel database. We found that electric power per capita, fossil fuel consumption, fuel exports, and gross domestic product (GDP) per unit of energy use have positives influences on energy use in Asia. However, fuel imports and investment in energy with participation of the private negatively affects energy use in this region. Our results also addressed that energy use in Asian countries still heavily depends upon fossil energy such as coal, oil, and natural gas. Indeed, our findings stated that economic growth is a positive motivation in terms of enhancing energy use in Asia. Lastly, policies are recommended to ensure energy security and foster economic growth in Asia.
DOI
10.24112/jaes.020102
Recommended Citation
Nguyen, Anh Tru
(2018)
"Energy Use and Policy Implications for Energy Security in Asia: A Panel Data Approach,"
Journal of Asian Energy Studies:
Vol. 2, 10-27.
DOI: 10.24112/jaes.020102
Available at:
https://repository.hkbu.edu.hk/jaes/vol2/iss1/2
Included in
Asian Studies Commons, Econometrics Commons, Growth and Development Commons, Regional Economics Commons