Examining the Feedback Response of Residential Electricity Consumption towards Changes in its determinants: Evidence from Malaysia

Lee Lian Ivy-Yap; Hussain Ali Bekhet

Article Details

Examining the Feedback Response of Residential Electricity Consumption towards Changes in its determinants: Evidence from Malaysia

Authors:

Lee Lian Ivy-Yap | Hussain Ali Bekhet

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Energy Economics and Policy 2015 Vol.5 Issue 3, pp.772-781

Document Type:

Article

Publication Date:

8/2015

Document Language:

Turkish

Document ID (Org No.):

2000816472

Frequency:

Bimonthly

eISSN:

2146-4553

Abstract:

 

Residential electricity consumption in Malaysia is increasing rapidly and poses a threat to energy security. Therefore, it is very important to understand the way residential electricity consumption responds to its determinants so that effective measures to contain its rapid growth can be undertaken. The current study aims to examine the responsiveness of residential electricity consumption towards real disposable income, price of electricity, price of electrical appliances population and foreign direct investment in Malaysia for 1978-2013 period. Residential electricity consumption is only elastic towards real disposable income. The magnitude of own price elasticity is larger than cross elasticity of complements. The study shed some light on the responsiveness of residential electricity consumption, which can help Malaysia in developing new policies to control energy consumption without affecting economic growth adversely.

Article Details

Examining the Feedback Response of Residential Electricity Consumption towards Changes in its determinants: Evidence from Malaysia

Authors: Lee Lian Ivy-Yap | Hussain Ali Bekhet

Publisher: İlhan ÖZTÜRK

Journal: International Journal of Energy Economics and Policy 2015 Vol.5 Issue 3, pp.772-781

Document Type: Article

Publication Date: 8/2015

Document Language: Turkish

Document ID (Org No.): 2000816472

Frequency: Bimonthly

eISSN: 2146-4553

Issues

Authors:

Lee Lian Ivy-Yap | Hussain Ali Bekhet

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Energy Economics and Policy 2015 Vol.5 Issue 3, pp.772-781

Document Type:

Article

Publication Date:

8/2015

Document Language:

Turkish

Document ID (Org No.):

2000816472

Frequency:

Bimonthly

eISSN:

2146-4553