Экономический рост при ограниченных энергетических ресурсах: на примере экономики Японии

Аббан Абдул Рашид

Аннотация


The purpose of this research is to investigate how energy resources affect Gross Domestic Product or economic growth of Japan, using data over a period from 2000 to 2014. The Cobb-Douglas production function was used for two models using macroeconomic indicators. These indicators were GDP, energy production, capital, net energy import and energy consumption. A regression analysis was run on both models to know the relationship between these variables. The empirical results showed a positive relationship between GDP and energy production, capital and net energy import. However, the results showed a negative correlation between GDP and energy consumption. The result also showed Japan highly reliability on overseas countries for its energy supply and this dependency even increased after the Fukushima accident in March, 2011. In addition, this paper also examined the impact of energy on the environment. A linear function was used to develop a model using carbon dioxide (CO2) emission and total energy consumption of Japan. A regression analysis was run on the model to know the relationship between these variables. The results showed a positive relationship between CO2 and energy consumption. The result also showed Japan is highly reliable on non-renewable energy resources such as fossil fuels, which has greater effects on the environment.
Key words: Carbon dioxide (CO2), climate change, energy, economic growth, environment, Japan.