Journal of Economics, Entrepreneurship, Management Business and Accounting
Vol 4 No 4 (2026): Volume 4, Issue 4, July 2026

Economic Development and Energy Transition Readiness Using Spline Approach: Evidence from Asia Region

Muhammad Syukri (Andi Djemma University, Indonesia)
Aditya Idris (Hasanuddin University, Indonesia)



Article Info

Publish Date
04 Jul 2026

Abstract

Purpose – This study examines the impact of energy transition readiness on economic development in Asian countries by analyzing five dimensions: regulation & political commitment, infrastructure, education & human capital, innovation, and finance & investments. Design/Methodology/Approach – A spline regression approach was employed to capture the non-linear relationship between energy transition readiness and GDP per capita. Data from Asian countries were analyzed to identify threshold effects across readiness dimensions. Findings – The results show heterogeneous non-linear effects of energy transition readiness on GDP. Regulation & political commitment and infrastructure have consistently significant impacts, while innovation and finance & investments become significant only after certain readiness thresholds. Education & human capital does not show a significant effect. Originality/Value – This study extends the literature by demonstrating that the economic benefits of energy transition readiness are non-linear and vary across development stages. The findings provide policy guidance for Asian countries to adopt targeted, stage-specific strategies that strengthen energy transition readiness and promote sustainable economic development.

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Journal Info

Abbrev

JEEMBA

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Economics, Entreprenurship, Management Business and Accounting (JEEMBA) mencakup bidang ekonomi dan keuangan, manajemen bisnis dan akuntansi khususnya bidang akuntansi, manajemen, pasar modal, hukum bisnis, perpajakan, sistem informasi, serta bidang ekonomi dan keuangan lainnya. JEEMBA ...