Economic Growth and Electricity Consumption in 12 European Countries: A Causality Analysis Using Panel Data
Full text
Figure
Related documents
Our study finds an empirical survey of the literature on the link between electricity consumption and growth in MENA countries (energy importers versus energy
In long run, results indicate the bidirectional causality exists between electricity consumption and economic growth, feedback hypothesis is found between
Granger Causality test was used to determine the direction of causality between electricity consumption and economic growth and the empirical findings obtained herein re- veals
Figure 1 shows the time series data on Sri Lanka’s annual electricity consumption.. (in GWh) and her annual real GDP (in constant billion 2002 LKR) for the
used in which our findings indicate, that electricity causes higher economic growth. This implies that the increase in electricity consumption can be viewed as a
Appendix A provides a chronological list of the literature on the causal linkage between electricity consumption and economic growth depending to the nature of countries
Appendix A provides a chronological list of the literature on the causal linkage between electricity consumption and economic growth by the nature of countries (American
First, we follow the methodology proposed by Dolado and L¨utkepohl (1996) and Toda and Yamamoto (1995) to test for linear causality between Spanish electricity consumption and real