The study seeks to investigate the relationship between electricity consumption and economic development using an … controlling for the role of institutions, technology, emissions, and economic structure in the electricity consumption … test to ascertain the direction of causal relationship between electricity consumption and economic development. The study …

important enough to have a protracted aggregate impact. Electricity and information technology (IT) probably are the two most … Electrification. 2. Both GPTs were widely adopted, but electricity’s adoption was faster and more uniform over sectors. 3. Both … Electricity did. 4. Both have spawned innovation, but here, too, IT dominates Electricity in terms of the number of patents and …