Electricity has become one of the most essential factors in economic growth in Sri Lanka. This paper applies a simple … econometric model to identify the causal relationship between Gross Domestic Product (GDP) and electricity consumption in … industrial and commercial sectors of Sri Lanka for the period 1979 – 2006. A causal relationship between GDP and electricity …

This paper examines the causal relationship between electricity consumption, exports and gross domestic product (GDP … feedback effects between these variables. A 1 per cent increase in electricity consumption increases GDP by 0.04 per cent, a 1 … in electricity consumption. The policy implications are that for the panel as a whole these countries should invest in …

This paper investigates the causal relationship between electricity consumption and real GDP by applying the bounds … suggest that there is long-run unidirectional causality between electricity consumption and real GDP. The source of causation …, bidirectional causal relationship between electricity consumption and economic growth is observed. The findings give implications …