인도네시아에서의 발전과 경제성장의인과관계 분석
The Causal Analysis of Electricity Consumption and Economic Growth in Indonesia
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참고문헌
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초록
늘어나는 전력수요에 대처하면서 전력공급지장을 극복하기 위해 인도네시아의 발전부문에 대규모 투자가 요구되고 있다. 이에 본 연구는 1971년부터 2002년 기간에 대해 시계열 분석 기법을 이용하여 인도네시아에서의 발전과 경제성장의 인과관계를 분석하고자 한다. 분석결과 경제성장에서 발전으로의 단방향 인과성이 발견되었으며, 역의 관계는 성립하지 않았다. 따라서 경제성장은 더 많은 발전량을 요구하지만 발전량을 줄이는 정책이 경제성장에 부정적인 영향을 미치지 않으면서 시행될 수 있다는 시사점을 얻을 수 있다.
Abstract
To cope with the increasing electricity demand and to overcome the supply shortage of electricity, it is imminent that investments be made on the electricity generation sector on a large scale in Indonesia. This paper attempts to investigate the causal relationship between electricity generation and economic growth in Indonesia, using time-series techniques for the period of 1971-2002. The results indicate that there is a uni-directional causality running from economic growth to electricity generation without any feedback effect. Thus, economic growth stimulates further electricity generation, and policies for reducing electricity generation can be initiated without deteriorating economic side effects in Indonesia.
참고문헌 (49)
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- "Testing for a Unit Root in Time Series Regression", pp.335~346 (1988)
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- "Electricity Consumption and Economic Growth in China", 32, pp.47~54 (2004)
- "Interpreting the Evidence in Money-Income Causality Journal of Econometrics", pp.161~182 (1989)
- "World Development Indicators on CD-ROM" (2004), Washington, D.C.
- "A Note on the Causal Relationship between Energy and GDP in Taiwan", 22, pp.309~317 (2000)
- "Economic Integration and Energy Cooperation in ASEAN Keynote Speech at the 8th Gas Information Exchange" (2004), Singapore
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- "Information Technology and Economic Development in Korea: A Causality Study", 27, pp.57~67 (2004)
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- "The Causal Analysis of Electricity Consumption and Economic Growth in Indonesia"
- "Fitting Autoregressions for Prediction Annals of the Institute of Statistical Mathematics", pp.243~247 (1969)
- "ASEAN Statistical Yearbook 2003" (2004)
- "Electricity Requirements for a Digital Society" (2002), RAND
- "Statistical Review of World Energy 2003" (2004)
- "Distribution of the Estimatos for AR Time Series with a Unit Root Journal of American Statistical Association", pp.427~431 (1979)
- "Country analysis briefs" (2004)
- "Electricity Use and Economic Development", 28, pp.923~934 (2000)
- "Comparing Alternative Tests for Causality in Temporal Systems Journal of Econometrics", pp.161~194 (1983)
- "Electricity Consumption and Economic Growth in India", 30, pp.125~129 (2002)
- "Investigating Causal Relation by Econometric and Cross-sectional Method", eco(metrica), pp.424~438 (1969)
- "Journal of Monetary Economics", pp.85~106 (1981), Autoregressive Modeling and Money-Income Causality Detection
- "Maximum Likelihood Estimation and Inference on Cointegration with Applications to the Demand for Money", 52, pp.169~210 (1990)
- "Energy and Environment in the ASEAN: Challenges and Opportunities", 33, pp.499~509 (2005)
- "A Comparison of Unit-root Test Criteria", 12, pp.449~459 (1994)
- "Testing for a Unit Root in Time Series Regression", pp.335~346 (1988)
- "Tests for Unit Roots Journal of Business and Economic Statistics", pp.147~159 (1989)
- "Electricity Consumption and Economic Growth in China", 32, pp.47~54 (2004)
- "Interpreting the Evidence in Money-Income Causality Journal of Econometrics", pp.161~182 (1989)
- "World Development Indicators on CD-ROM" (2004), Washington, D.C
- "A Note on the Causal Relationship between Energy and GDP in Taiwan", 22, pp.309~317 (2000)
- "Economic Integration and Energy Cooperation in ASEAN" (2004)
- "Electricity Consumption and Economic Growth: Evidence from Korea", 33, pp.1627~1632 (2005)
- "IInformation Technology and Economic Development in Korea: A Causality Study", 27, pp.57~67 (2004)
- "The causal relationship between electricity consumption and economic growth in the ASEAN countries" (2006), in press
