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In this era of intensive electricity utilization for economic development, the role of urbanization remains … in a trivariate framework by incorporating urbanization as an additional variable. Using the recent novel Maki …) consumption. A unidirectional causality from urbanization to electricity consumption and economic growth was found but the long …
Persistent link: https://www.econbiz.de/10012171561
After Industrial Revolution, importance of energy in production has increased. As a result of two petroleum crisis, energy was included directly into the production function. While development level of countries has increased, energy consumption has also raised. Substantial increase in energy...
Persistent link: https://www.econbiz.de/10008784894
In this paper, we examine the long-­- and short-­-run dynamics between
Persistent link: https://www.econbiz.de/10010782088
This study examines the Granger causality between electricity consumption and Gross Domestic Product (GDP) for Pakistan using annual data covering the period 1971 to 2007. Augmented Dickey-Fuller test and Phillips-Perron test reveal that both the series, after logarithmic transformation, are...
Persistent link: https://www.econbiz.de/10010310641
This study examines the Granger causality between electricity consumption and Gross Domestic Product (GDP) for Pakistan using annual data covering the period 1971 to 2007. Augmented Dickey-Fuller test and Phillips-Perron test reveal that both the series, after logarithmic transformation, are...
Persistent link: https://www.econbiz.de/10010957829
In this paper we examine the causal relationship between electricity consumption, exports and economic growth in the DRC, using the newly developed ARDL-bounds testing approach. In order to account for the omission-of-variable bias, the study incorporates exports as an intermittent variable...
Persistent link: https://www.econbiz.de/10011213022
The aim of this contribution is an investigation of causal interdependences between electricity consumption and GDP in Poland. Our research was conducted for total electricity consumption as well as for the industrial consumption of electricity. In order to reflect the causality between GDP and...
Persistent link: https://www.econbiz.de/10011261048
This study examines the short-run and long-run causality issues between electricity consumption and economic growth in Turkey for 1968–2006 period by using Granger causality models augmented with a lagged error-correction term. The bounds F–test for cointegration test yields evidence of a...
Persistent link: https://www.econbiz.de/10009645906
In this study, long term relationship and causality relationship between electricity consumption and gross domestic product in Turkey for the period 1975-2006 were investigated. As a result of the co-integration analysis made firstly in this study, the long term relationship between the...
Persistent link: https://www.econbiz.de/10008691705
This paper investigates the short-run and long-run causality issues between electricity consumption and economic growth in Turkey by using the co-integration and vector error-correction models with structural breaks. It employs annual data covering the period 1968–2005. The study also explores...
Persistent link: https://www.econbiz.de/10008492977