Chapter8: Energy Sustainability in Asia: An assessment based on composite indices and panel regression

This chapter analyses energy sustainability, with specific emphasis on measuring various dimensions (availability, efficiency, and acceptability) of energy sustainability and assessing the nature of interactions between these dimensions. A combination of measurement (i.e. principal–component–analysis based, weighted average, composite indices of energy sustainability) and assessment (i.e. relevant econometric tests, panel causality analysis, and fully modified least square (FMOLS) regression) approaches is employed for this purpose. The case-in-point context for the analysis of this chapter is provided by 19 Asian economies, divided into three groups: mature, fast-growing, and emerging. The empirical analysis reveals that the Asian economies have experienced significant improvement in the overall sustainability of their energy systems over 1990–2016. This improvement has, however, varied across different …