Cheng, Y.S.; Wong, W.K.; Woo, C.K. - In: Energy Policy 55 (2013) C, pp. 369-373
Based on an econometric analysis of the annual growth data for China's GDP and electricity generation from 1953 to 2010, we find that electricity generation growth Granger causes GDP growth, but not vice versa. We also find that the GDP elasticity of electricity generation is about 0.6, implying...