Fachrurrozi Kamal, Masbar Raja, Seftarita Chenny
Faculty of Economics and Business, Universitas Syiah Kuala, Indonesia.
Sekolah Tinggi Ilmu Manajemen Banda Aceh, Indonesia.
Heliyon. 2022 Sep 6;8(9):e10522. doi: 10.1016/j.heliyon.2022.e10522. eCollection 2022 Sep.
This study investigates the correlations of economic growth, energy consumption, and globalization in selected countries. For this purpose, the study gatheres data between 1984 and 2013 from 11 countries, where a panel causality test was employed using Kónya's (2006) approach based on the Seemingly Unrelated Regressions (SUR) system. Subsequently, the Wald test is conducted with a critical bootstrap value per country, in which the calculations obtained significant statistical figures per country. The results of the two-way causality test between economic growth and energy consumption were found in Egypt, Indonesia, Iran, South Korea, Nigeria, and Turkey. The results of the two-way causality test between globalization and economic growth are known in Bangladesh, Egypt, Indonesia, Iran, South Korea, Mexico, Nigeria, Philippines. Meanwhile, two-way causality between energy consumption and globalization exists in Bangladesh, Egypt, Indonesia, Iran, South Korea, Nigeria, Pakistan, Philippines, and Turkey. Based on these findings, strengthening cooperation is needed so that economic growth, energy consumption, and globalization continue to grow.
本研究调查了选定国家经济增长、能源消耗和全球化之间的相关性。为此,该研究收集了1984年至2013年期间11个国家的数据,并采用基于看似不相关回归(SUR)系统的科尼亚(2006年)方法进行了面板因果关系检验。随后,对每个国家进行具有临界自举值的沃尔德检验,计算得出每个国家的显著统计数据。在埃及、印度尼西亚、伊朗、韩国、尼日利亚和土耳其发现了经济增长与能源消耗之间双向因果关系检验的结果。在孟加拉国、埃及、印度尼西亚、伊朗、韩国、墨西哥、尼日利亚、菲律宾,全球化与经济增长之间双向因果关系检验的结果是已知的。同时,在孟加拉国、埃及、印度尼西亚、伊朗、韩国、尼日利亚、巴基斯坦、菲律宾和土耳其,能源消耗与全球化之间存在双向因果关系。基于这些发现,需要加强合作,以便经济增长、能源消耗和全球化能够持续增长。