How are energy and employment related? An analysis in ASEAN-5 open economies

Wye, Chung-Khain and Abdul Bahri, Elya Nabila and Yussof, Ishak and Mao, Wei (2022) How are energy and employment related? An analysis in ASEAN-5 open economies. Journal for Studies in Economics and Econometrics, 46 (3). 201 -223. ISSN 0379-6205, DOI https://doi.org/10.1080/03796205.2022.2143884.

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Abstract

Energy efficiency policy implemented within ASEAN-5 region raises concern over the possibility of compromising economic growth and trade in general, and labour market stability in specific. Previous studies have mostly considered the linear association and ignored nonlinearity between energy consumption and employment. Testing the existence of nonlinear energy-employment nexus for ASEAN-5 in 1991–2015, this paper shows an initially negative association between energy consumption and employment before turning positive beyond the energy and employment thresholds, portraying a U-shaped energy-employment nexus. Policies implementation may target on controlling energy increase beyond the employment threshold, and promoting employment creation beyond the energy threshold. © 2022 Stellenbosch University.

Item Type: Article
Funders: Universiti Kebangsaan Malaysia [Grant No: EP-2018-001, GGPM-2017-004]
Uncontrolled Keywords: ASEAN; Employment; Energy consumption; Nonlinearity; Threshold
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
Divisions: Faculty of Business and Economics > Department of Economics and Applied Statistics
Depositing User: Ms. Juhaida Abd Rahim
Date Deposited: 27 Dec 2023 01:39
Last Modified: 27 Dec 2023 01:39
URI: http://eprints.um.edu.my/id/eprint/44081

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