Efficient energy consumption in industrial sectors and its effect on environment: A comparative analysis between G8 and Southeast Asian emerging economies
This study investigates the long-term relationship between industrial production and energy consumption along with the environmental degradation in developed and developing countries. The purpose of this study is to identify countries that meet the competitive challenges of achieving efficient envir...
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iium-526312017-02-11T20:24:00Z http://irep.iium.edu.my/52631/ Efficient energy consumption in industrial sectors and its effect on environment: A comparative analysis between G8 and Southeast Asian emerging economies Rahman, Md. Saifur Md. Noman, Abu Hanifa Shahari, Farihana Aslam, Mohamed Chan, Sok Gee Isa, Che Ruhana Pervin, Sajeda HB801 Consumption. Demand This study investigates the long-term relationship between industrial production and energy consumption along with the environmental degradation in developed and developing countries. The purpose of this study is to identify countries that meet the competitive challenges of achieving efficient environmentally friendly energy consumption. The investigation process utilises the Toda Yamamoto technique looking at 40 years of data from 1971 to 2011. The investigation reveals that both G8 and Southeast Asian countries are energy dependent, as indicated by unidirectional Granger causality running from energy consumption to industrial production. The most energy efficient economies are among G8 countries and the least efficient are found in Southeast Asian countries. The results also reveal that industrial production of developed countries is more environmentally friendly than developing countries. Finally, the study provides significant policy implications toward improving energy security and efficiency. 2016-02-15 Article PeerReviewed application/pdf en http://irep.iium.edu.my/52631/1/Efficient%20energy%20consumption%20in%20industrial%20sectors%20and%20its%20effect%20on%20environmnet-%20G8%20vs%20Southeast%20Asia%20emerging%20economies.pdf application/pdf en http://irep.iium.edu.my/52631/7/52631-fficient%20energy%20consumption%20in%20industrial%20sectors%20and%20its%20effect%20on%20environment_SCOPUS.pdf application/pdf en http://irep.iium.edu.my/52631/8/52631-fficient%20energy%20consumption%20in%20industrial%20sectors%20and%20its%20effect%20on%20environment_WOS.pdf Rahman, Md. Saifur and Md. Noman, Abu Hanifa and Shahari, Farihana and Aslam, Mohamed and Chan, Sok Gee and Isa, Che Ruhana and Pervin, Sajeda (2016) Efficient energy consumption in industrial sectors and its effect on environment: A comparative analysis between G8 and Southeast Asian emerging economies. Energy, 97. pp. 82-89. ISSN 03605442 E-ISSN 0360-5442 http://www.sciencedirect.com/science/article/pii/S0360544215017545 10.1016/j.energy.2015.12.109 |
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HB801 Consumption. Demand |
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HB801 Consumption. Demand Rahman, Md. Saifur Md. Noman, Abu Hanifa Shahari, Farihana Aslam, Mohamed Chan, Sok Gee Isa, Che Ruhana Pervin, Sajeda Efficient energy consumption in industrial sectors and its effect on environment: A comparative analysis between G8 and Southeast Asian emerging economies |
description |
This study investigates the long-term relationship between industrial production and energy consumption along with the environmental degradation in developed and developing countries. The purpose of this study is to identify countries that meet the competitive challenges of achieving efficient environmentally friendly energy consumption. The investigation process utilises the Toda Yamamoto technique looking at 40 years of data from 1971 to 2011. The investigation reveals that both G8 and Southeast Asian countries are energy dependent, as indicated by unidirectional Granger causality running from energy consumption to industrial production. The most energy efficient economies are among G8 countries and the least efficient are found in Southeast Asian countries. The results also reveal that industrial production of developed countries is more environmentally friendly than developing countries. Finally, the study provides significant policy implications toward improving energy security and efficiency. |
format |
Article |
author |
Rahman, Md. Saifur Md. Noman, Abu Hanifa Shahari, Farihana Aslam, Mohamed Chan, Sok Gee Isa, Che Ruhana Pervin, Sajeda |
author_facet |
Rahman, Md. Saifur Md. Noman, Abu Hanifa Shahari, Farihana Aslam, Mohamed Chan, Sok Gee Isa, Che Ruhana Pervin, Sajeda |
author_sort |
Rahman, Md. Saifur |
title |
Efficient energy consumption in industrial sectors and its effect on environment: A comparative analysis between G8 and Southeast Asian emerging economies |
title_short |
Efficient energy consumption in industrial sectors and its effect on environment: A comparative analysis between G8 and Southeast Asian emerging economies |
title_full |
Efficient energy consumption in industrial sectors and its effect on environment: A comparative analysis between G8 and Southeast Asian emerging economies |
title_fullStr |
Efficient energy consumption in industrial sectors and its effect on environment: A comparative analysis between G8 and Southeast Asian emerging economies |
title_full_unstemmed |
Efficient energy consumption in industrial sectors and its effect on environment: A comparative analysis between G8 and Southeast Asian emerging economies |
title_sort |
efficient energy consumption in industrial sectors and its effect on environment: a comparative analysis between g8 and southeast asian emerging economies |
publishDate |
2016 |
url |
http://irep.iium.edu.my/52631/ http://irep.iium.edu.my/52631/ http://irep.iium.edu.my/52631/ http://irep.iium.edu.my/52631/1/Efficient%20energy%20consumption%20in%20industrial%20sectors%20and%20its%20effect%20on%20environmnet-%20G8%20vs%20Southeast%20Asia%20emerging%20economies.pdf http://irep.iium.edu.my/52631/7/52631-fficient%20energy%20consumption%20in%20industrial%20sectors%20and%20its%20effect%20on%20environment_SCOPUS.pdf http://irep.iium.edu.my/52631/8/52631-fficient%20energy%20consumption%20in%20industrial%20sectors%20and%20its%20effect%20on%20environment_WOS.pdf |
first_indexed |
2023-09-18T21:14:32Z |
last_indexed |
2023-09-18T21:14:32Z |
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1777411474088525824 |