We argue for the resurrection of an old idea: electricity use as an indicator of U.S. economic activity. Our analysis … relies on associations - the 40-year correlation between growth rates in real GDP and electricity use can be as high as 89 …% - and intuition. Electricity use and economic conditions should move together. The vast majority of goods and services are …

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 … increase in electricity consumption. The policy implications are that for the panel as a whole these countries should invest in …

Africa is still struggling to mitigate its electricity insecurity issues. This situation renders foreign direct … investment in the renewable electricity industry (FDIREI) and renewable electricity production (REP) to become simultaneously … causality nexuses among FDIREI, REP, and economic growth (GDP) in 32 African countries over 2003-2019. For methodological …

. The study further establishes long- and short-run Granger causality running from GDP to electricity consumption for Benin … and short-run Granger causality running from GDP to electricity consumption for Togo. The results of the cointegration … test and the causality reflect better the Benin and Togo economies that are less dependent on electricity. The absence of …

test on annual data from 1993 to 2021, we examine the causality relationship between electricity production and key … investment, and employment, in Tajikistan. The empirical findings reveal a positive unidirectional causality from electricity … production to exports and imports. A positive bidirectional or feedback causality is found between electricity production and …