A cointegration analysis on the effect of exchange rate on energy consumption and economic growth in the Philippines

Clicks: 2
ID: 286861
2022
Article Quality & Performance Metrics
Overall Quality
Not rated
Combines reader engagement with the AI quality analysis. This article has not been analysed, so there is no overall score — reader engagement is measured and shown alongside.
AI Quality Assessment
Not analyzed
Readership in this journal
Emerging

Ranked #3,640 of 3,757 articles by views in Malay Journal

Most read Least read

Bar heights use a square-root scale. Only the 120 most-read articles are drawn; the journal has 3,757 in total.

Mint this article as an NFT
Not yet minted

Create a permanent, verifiable on-chain record of this article on the Scimatic Network. The NFT is held in your Journament account, and you can withdraw it to your own wallet at any time.

5 SUSD one-off · no wallet required
Abstract
The Philippines is heavily dependent on importing energy sources to meet the country’s energy demand, making energy consumption and economic growth sensitive to exchange rate fluctuations. Based on the economic model developed by Wang, Yu, Zhang, and Chen (2021), this study used a cointegration model to analyze the effect of real effective exchange rate (REER) on energy consumption and economic growth. Following the Cobb-Douglas production function, the variables capital stock and labor input were also added to the model. Using Philippine annual data from 1981 to 2019, this study confirmed that the effect of total energy consumption on economic growth follows a linear cointegration represented by the vector error correction model (VECM) when REER is added to the model. Meanwhile, the model using only coal energy consumption follows a two-regime self-exciting threshold autoregressive (SETAR) model when REER is included.
Reference Key
persistent_1760659883_68f189abe2cbf Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors Javaluyas, Kate Louie Aranzaso
Journal Malay Journal
Year 2022
DOI
DOI not found
URL
Keywords Keywords not found

Citations

No citations found. To add a citation, contact the admin at info@scimatic.org

No comments yet. Be the first to comment on this article.