Electricity consumption and economic growth in India

被引：344

作者：

Ghosh, S ^{[1
]}

机构：

[1] IGIDR, Mumbai, India

来源：

ENERGY POLICY | 2002年 / 30卷 / 02期

关键词：

causality; electricity; GDP; India; cointegration and vector autoregression;

D O I：

10.1016/S0301-4215(01)00078-7

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper tries to examine the Granger causality between electricity consumption per capita and Gross Domestic Product (GDP) per capita for India using annual data covering the period 1950-51 to 1996-97. Phillips-Perron tests reveal that both the series, after logarithmic transformation. are non-stationary and individually integrated of order one. This study finds the absence of long-run equilibrium relationship among the variables but there exists unidirectional Granger causality running from economic growth to electricity consumption without any feedback effect. So, electricity conservation policies can be initiated without deteriorating economic side effects. (C) 2002 Elsevier Science Ltd. All rights reserved.

引用

页码：125 / 129

页数：5

共 16 条

[1] The relationship between energy consumption, energy prices and economic growth: time series evidence from Asian developing countries [J].