In this paper we examine the causal relationship between electricity consumption, exports and economic growth in the DRC, using the newly developed ARDL-bounds testing approach. In order to account for the omission-of-variable bias, the study incorporates exports as an intermittent variable...

This paper explores the relationship between electricity consumption, foreign direct investment, capital and economic growth in case of the Kingdom of Bahrain. The Cobb-Douglas production is used over the period of 1980Q1–2010Q4. We have the ARDL bounds testing approach and found that...

This study revisits the relationship between electricity consumption and economic growth in Pakistan by controlling and investigating the effects of two major production factors - capital and labor. The empirical evidence confirms the cointegration among the variables and indicates that...

This study explores a relationship between electricity consumption and economic growth in Pakistan by incorporating financial development within the neoclassical production function. The Autoregressive Distributed Lag (ARDL) bounds testing approach has been applied to data from 1972-2012. To...

In this article, a panel of 45 developing countries for the 1971–2009 period is used to investigate the dynamic relationship between electricity consumption and economic growth. We employ the system generalised method of moments (system GMMs) approach proposed by Blundell and Bond (1998),...

Knowledge of the direction of the causality between electricity consumption and economic growth is of primary importance if appropriate energy policies and energy conservation measures are to be devised.This study estimates the causality relationship between electricity consumption and economic...

This study examines the Granger causality between electricity consumption and Gross Domestic Product (GDP) for Pakistan using annual data covering the period 1971 to 2007. Augmented Dickey-Fuller test and Phillips-Perron test reveal that both the series, after logarithmic transformation, are...

This paper examines the dynamic causal linkages between electricity consumption and economic growth in Nigeria within a trivariate VECM, for the period 1971-2012. The paper obviates the variable omission bias, and the use of cross-sectional techniques that characterise most existing studies. The...

After Industrial Revolution, importance of energy in production has increased. As a result of two petroleum crisis, energy was included directly into the production function. While development level of countries has increased, energy consumption has also raised. Substantial increase in energy...

This paper tests for the existence and direction of causality between electricity consumption and real gross domestic product for Greece. The study examines a trivariate system with capital formation for the period 1980-2010. Robust empirical results indicate that all variables are integrated of...