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| Srl | Item |
| 1 |
ID:
093534
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| Publication |
2010.
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| Summary/Abstract |
The goal of this paper is to model the relationship between electricity consumption and real gross domestic product (GDP) for Malaysia in a bivariate and multivariate framework. We use time series data for the period 1971-2003 and apply the bounds testing approach to search for a long-run relationship. Our results reveal that electricity consumption, real GDP and price share a long-run relationship. The results of the autoregressive distributed lag (ARDL) estimates of long-run elasticity of electricity consumption on GDP are found to be around 0.7 and statistically significant. Finally, in the short-run, the results of the causality test show that there is a unidirectional causal flow from electricity consumption to economic growth in Malaysia. From these findings we conclude that Malaysia is an energy-dependent country, leading us to draw some policy implications. This paper adds support and validity, thus reducing the policy makers concern on the ambiguity of the electricity and growth nexus in Malaysia.
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| 2 |
ID:
146649
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| Summary/Abstract |
In the past, studies on inclusive development involve mainly the perspective of equitable distribution of economic and societal outputs. This study, however, takes a different approach and analyses the potential roles of regional coordination mechanisms (RCMs), specifically universities and research council's networks within Southeast Asia, in disseminating the innovation-related activities for inclusive development or Innovation for Inclusive Development (IID). The literature on innovation intermediaries within the realm of innovation systems studies was used to establish the framework of the study. The findings indicate that RCMs have a huge potential role to play. However, due to a number of reasons, including lack of funding support, lack of attention and commitment to IID, weak engagement with industry and non-governmental organisations, the implementation of the IID activities was rather poor. As a whole, the study argues that current approaches are not well positioned and it is fragmented preventing the effective use of RCMs despite their potentials for IID efforts. The study attributes this to the systemic failures in the regional coordinating systems. In enhancing the role of RCMs in IID, this study recommends the promotion of IID platform, the leveraging of non-government organisations and industry as well as energising the Southeast Asia engagement in promoting IID.
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