Interactions between energy and imports in Singapore: Empirical evidence from conditional error correction models

Salih Katircioglu ()

Energy Policy, 2013, vol. 63, issue C, 514-520

Abstract: This study empirically tests for long-run equilibrium relationship and the direction of causality between imports and energy consumption in Singapore. The results of the present study reveal that a long-run equilibrium relationship exists between import growth and energy consumption growth in Singapore by using bivariate systems. Imports of Singapore converge to long-term equilibrium levels by 79.9 percent speed of adjustment through the channel of energy growth. Furthermore, the major finding of this study is that there are long- and short-term undirectional causalities that run from energy growth to import growth in Singapore, which denote that energy consumption in Singapore is a catalyst for importing.

Keywords: Energy consumption; Imports; Singapore (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (15)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:63:y:2013:i:c:p:514-520

DOI: 10.1016/j.enpol.2013.08.037

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