Electricity Consumption and Economic Growth: Analysis and Forecasts using VAR/VEC Approach for Greece with Capital Formation
This paper tests for the existence and direction of causality between electricity consumption and real gross domestic product for Greece. The study examines a trivariate system with capital formation for the period 1980-2010. Robust empirical results indicate that all variables are integrated of ord...
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Format: | Article |
Language: | English |
Published: |
EconJournals
2012-01-01
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Series: | International Journal of Energy Economics and Policy |
Subjects: | |
Online Access: | http://econjournals.com/index.php/ijeep/article/view/256/154 |
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