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Abstract Many studies have modelled the prices, growth, technology and financial effects on energy consumption in a linear fashion. However, structural changes may trigger asymmetric or nonlinear behaviour in time series analysis. In this paper, we examine the asymmetric influence of economic growth, energy prices, technological innovations and financial development on energy consumption in Malaysia over the period between 1970 and 2018 using a nonlinear ARDL (NARDL) model. The empirical results uncover the existence of asymmetric cointegration relationship between variables. A positive shock in income, energy prices and financial development leads to high energy consumption. Surprisingly, a fall in income does not lower the energy consumption. The results do not provide any evidence of technological effect on energy consumption. In addition, the energy consumption responds more elastically to negative shock than positive shock, which has implications for energy policy. The results also suggest that the short-run and long-run effects are asymmetrical. All variables are found to have asymmetric causal effect on energy consumption in the short-run. Downloads Download data is not yet available. Downloads FULL TEXT Published 2022-07-19 How to Cite Tang, C.-S., & Kogid, M. (2022). Asymmetric Responses of Energy Consumption in Malaysia: Evidence from Nonlinear ARDL. International Journal of Energy Economics and Policy, 12(4), 160–165. https://doi.org/10.32479/ijeep.12977 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 12 No. 4 (2022) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Make a Submission Make a Submission Dergi Kapağı

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