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This study revisits the relationship between electricity consumption and economic growth in Pakistan by controlling and investigating the effects of two major production factors - capital and labor. The empirical evidence confirms the cointegration among the variables and indicates that...
Persistent link: https://www.econbiz.de/10009295284
This study contributes to energy economic literature by incorporating financial development in neo-classical production function to investigate the electricity consumption and economic growth nexus in case of Pakistan. ARDL bounds testing approach has been applied to examine cointegration...
Persistent link: https://www.econbiz.de/10009404633
This study explores a relationship between electricity consumption and economic growth in Pakistan by incorporating financial development within the neoclassical production function. The Autoregressive Distributed Lag (ARDL) bounds testing approach has been applied to data from 1972-2012. To...
Persistent link: https://www.econbiz.de/10011183588
The study reconsiders the relationship between electricity consumption and economic growth by incorporating financial development, capital and labor as important factors of production using augmented production function in Turkey for the period of 1971-2009. In doing so, we applied ARDL bounds...
Persistent link: https://www.econbiz.de/10011110964
The renewable energy consumption-economic growth nexus is a growing area of research over the last few years, emanating to mixed results. The aim of the current study is to quantitatively synthesise the empirical literature on the subject using the meta-analysis approach. In particular, a...
Persistent link: https://www.econbiz.de/10011260717
The renewable energy consumption-economic growth nexus is a growing area of research over the last few years, emanating to mixed results. The aim of the current study is to quantitatively synthesise the empirical literature on the subject using the meta-analysis approach. In particular, a...
Persistent link: https://www.econbiz.de/10010735446
Persistent link: https://www.econbiz.de/10011286639
This paper has tried to unfold the causal relationship between electricity consumption and real economic growth in Mauritius using co-integration models applied to time series data between 1961 and 2011. The results unambiguously show that there is a short-term unidirectional causality from...
Persistent link: https://www.econbiz.de/10011278758
The aim of this paper is to investigate the causal relationship between electricity consumption and GDP growth for the kingdom of Bahrain during the period 1980–2008. By performing an error-correction model, our results reveal that electricity consumption and GDP are cointegrated. The granger...
Persistent link: https://www.econbiz.de/10011259770
Electricity consumption in India is increasing rapidly over the years. The increased demand for electricity forces the electricity utilities to increase their generating capacity. The huge investments on generation, transmission and distribution (at the cost of alternative development projects)...
Persistent link: https://www.econbiz.de/10005537297