Analysis of Macroeconomic Factors of Energy Consumption in Malaysia, Thailand and Indonesia

Hamidah Ramlan and Sahaida Laily Md Hashim

Information Management and Business Review, 2025, vol. 17, issue 3, 146-149

Abstract: This paper examines the relationship between GDP, FDI and inflation rate and energy consumption by analyzing time-series data from Malaysia, Indonesia, and Thailand. Data sources include the World Bank, the Malaysia Energy Information (MEI), and the World Development Indicators (WDI) from 2003 to 2023 and were examined by multiple regression analysis. The findings show that energy consumption in Malaysia is significantly impacted by GDP, FDI, and the inflation rate. Energy usage in Indonesia is significantly influenced by both GDP and FDI. In contrast, the GDP and inflation rate are the main variables that have a major impact on energy use in Thailand. These findings have important implications for policymakers that provide insights into the trends in economic development across different countries. Policy makers must develop coordinated energy usage and economic policies to achieve resilient and long-lasting economic development.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ojs.amhinternational.com/index.php/imbr/article/view/4747/3141 (application/pdf)
https://ojs.amhinternational.com/index.php/imbr/article/view/4747 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rnd:arimbr:v:17:y:2025:i:3:p:146-149

DOI: 10.22610/imbr.v17i3(I)S.4747

Access Statistics for this article

More articles in Information Management and Business Review from AMH International
Bibliographic data for series maintained by Muhammad Tayyab ().