DISAGGREGATED ENERGY CONSUMPTION AND INDUSTRIAL OUTPUT IN THE PHILIPPINE ECONOMY: EVIDENCE FROM THE PERIOD 1978 – 2006

Jesson Rey F. Sabado

Abstract


This paper examines the relationship between energy consumption and industrial output for 1978-2006. The study used Ordinary Least Square (OLS) to test the relationship of Energy Consumption by sources to Industrial Output. Results revealed that oil, coal, and geothermal are the sources of energy that significantly affect industrial output. Oil, coal, and geothermal positively affect industrial output at a 5 percent significant level.

 

JEL: N70; O10; O13; Q40

 

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Keywords


energy consumption by sources (oil, coal, hydro, and geo), industrial output, Ordinary Least Square (OLS)

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DOI: http://dx.doi.org/10.46827/ejefr.v6i4.1372

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