Energy consumption, export performance and economic growth in a landlocked developing country: The case of Nepal

被引:8
作者
Thapa-Parajuli, Resham [1 ,3 ]
Aryal, Saurav [1 ]
Alharthi, Majed [2 ]
Paudel, Ramesh C. [1 ]
机构
[1] Tribhuvan Univ, Cent Dept Econ, POB 3821, Kirtipur, Nepal
[2] King Abdulaziz Univ, Dept Finance, Coll Business, POB 344, Rabigh, Saudi Arabia
[3] Global Inst Interdisciplinary Studies, POB 3084, Kathmandu, Nepal
关键词
energy consumption; export; economic growth; ARDL; LED GROWTH; TRANSITION; EMISSIONS; POLICY;
D O I
10.3934/energy.2021025
中图分类号
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号
0807 ; 0820 ;
摘要
This paper examines the short-run and long-run relationship between energy consumption, export performance, and economic growth in a landlocked developing country, Nepal, from 1980 to 2018. We employ an Autoregressive distributed lag (ARDL) bounds testing approach to cointegration to investigate the relationship and role of energy consumption and exports on economic growth. The estimated results confirm the existence of a long-run relationship between economic growth and its regressors. The empirical estimation indicates the presence of a positive and statistically significant impact of exports on economic growth. Energy consumption and economic growth are positively associated; however, the coefficient is not statistically significant. Using the Granger Causality approach, the causality test reveals that there is unidirectional causality from energy consumption to economic growth, economic growth to export, and energy consumption to export.
引用
收藏
页码:516 / 533
页数:18
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