Nexus Between the Energy Market, Industrialization, and Economic Growth in the Asia-Pacific Region

Aqib Mujtaba and Pabitra Kumar Jena ()
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Pabitra Kumar Jena: School of Economics, Shri Mata Vaishno Devi University, India

Energy RESEARCH LETTERS, 2024, vol. 4, issue 3, 1-5

Abstract: This study investigates the nexus between the energy market and its determinants in eight countries from the Asia-Pacific region over 1994–2018. The results show energy demand, prices, economic growth and industrialization positively affect the energy supply. On the other hand, energy supply and growth and industrialization positively affect energy demand, and energy prices negatively affects energy demand. The study also suggests policy implications.

Keywords: energy market; economic growth; asia-pacific region; industrialization (search for similar items in EconPapers)
JEL-codes: O13 O14 O16 (search for similar items in EconPapers)
Date: 2024
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