Examination of Social Economic Impact on the Energy Consumption of Myanmar
Sim Sy Yi1, Goh Hui Hwang2, Ili Najaa Aimi Binti Mohd Nordin3, Ling Chin Wan4, Goh Kai Chen5, Sim Ga Yi6
1Sim Sy Yi, Faculty of Engineering Technology, Universiti Tun Hussien Onn Malaysia, Parit Raja, Batu Pahat, Johor.
2Goh Hui Hwang, Faculty of Electrical & Electronic Engineering, Universiti Tun Hussien Onn Malaysia, Parit Raja, Batu Pahat, Johor.
3Ili Najaa Aimi Binti Mohd Nordin, Faculty of Engineering Technology, Universiti Tun Hussien Onn Malaysia, Parit Raja, Batu Pahat, Johor.
4Ling Chin Wan, Faculty of Electrical & Electronic Engineering, Universiti Tun Hussien Onn Malaysia, Parit Raja, Batu Pahat, Johor.
5Goh Kai Chen, Faculty of Technology Management & Business, Universiti Tun Hussein Onn Malaysia, Parit Raja, Batu Pahat, Johor, Malaysia.
6Sim Ga Yi, Faculty of Electrical & Electronic Engineering, Universiti Tun Hussien Onn Malaysia, Parit Raja, Batu Pahat, Johor.
Manuscript received on 25 September 2019 | Revised Manuscript received on 04 October 2019 | Manuscript Published on 22 October 2019 | PP: 55-60 | Volume-8 Issue-3S October 2019 | Retrieval Number: C10111083S19/2019©BEIESP | DOI: 10.35940/ijrte.C1011.1083S19
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Southeast Asia country are mostly classified as developing country. One of the aspects that ASEAN concern is the energy poverty problem. Based on the statistics known, around 127 million people in the SEA facing lack of access of electricity. Besides that, 228 million people highly depending traditional biomass to fulfil their daily needs. Myanmar is one of the sixth poorest country in the SEA. The access of electricity in Myanmar are low and experience slow improvement over a decade. Energy policy had been drafted and implemented by Myanmar government. However, the result is no significant. This paper aims to analyze the social economic impact on the energy consumption of Myanmar. The aspect of analyze include energy use, foreign direct investment, population growth, industry value added, GDP per capita growth and trade. Multivariate analysis method adopts which includes descriptive statistics analysis, unit root test, Johannsen cointegration analysis, vector error correction model and Granger causality test. The result shows unidirectional Granger causality for energy consumption with all the aspects. Analyzed data play important role in the future policy planning. Policies such as renewable energy policy, reducing energy prices, taxes and subsidies can help in increasing energy consumption which will bring up other social economic.
Keywords: Energy Policy; Energy Poverty; Granger Causality.
Scope of the Article: Social Networks