The paper analyses the link between electricity consumption and industrial and manufacturing output. The electricity sector plays a major role in the a development of a country, as there is a strong link between industrial power consumption and production. While this relationship, the so-called...

This paper asks whether increasing productivity in the electricity sector can yield larger long-run GDP gains than suggested by electricity's small share of aggregate economic activity. We answer this question using a dynamic multi-sector model in which electricity is a strong complement to...