Economic growth and electricity consumption: Auto regressive distributed lag analysis
Knowledge of the direction of causality between electricity consumption and economic growth is of primary importance if appropriate energy policies and energy conservation measures are to be devised. This study estimates the causality relationship between electricity consumption and economic growth...
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2017-10-01
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doaj-6255f1f36d1d4d3b8bb5f354d3dfa0e22020-11-24T21:33:27ZengUniversity of Cape TownJournal of Energy in Southern Africa1021-447X2413-30512017-10-01234294510.17159/2413-3051/2012/v23i4a31763176Economic growth and electricity consumption: Auto regressive distributed lag analysisMelike E. Bildirici0Tahsin BakirtasFazıl KayikciUniversity of Cape TownKnowledge of the direction of causality between electricity consumption and economic growth is of primary importance if appropriate energy policies and energy conservation measures are to be devised. This study estimates the causality relationship between electricity consumption and economic growth in per capita and aggregate levels. The study uses the price and income elasticities of total electricity demand and industrial demand by using the auto regressive distributed lag (ARDL) method for some developed and developing countries, including the US, UK, Canada, Japan, China, India, Brazil, Italy, France, Turkey and South Africa. There is evidence to support the growth hypothesis for the US, China, Canada and Brazil. There is evidence to support the conservation hypothesis for India, Turkey, South Africa, Japan, UK, France and Italy.https://journals.assaf.org.za/jesa/article/view/3176 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Melike E. Bildirici Tahsin Bakirtas Fazıl Kayikci |
spellingShingle |
Melike E. Bildirici Tahsin Bakirtas Fazıl Kayikci Economic growth and electricity consumption: Auto regressive distributed lag analysis Journal of Energy in Southern Africa |
author_facet |
Melike E. Bildirici Tahsin Bakirtas Fazıl Kayikci |
author_sort |
Melike E. Bildirici |
title |
Economic growth and electricity consumption: Auto regressive distributed lag analysis |
title_short |
Economic growth and electricity consumption: Auto regressive distributed lag analysis |
title_full |
Economic growth and electricity consumption: Auto regressive distributed lag analysis |
title_fullStr |
Economic growth and electricity consumption: Auto regressive distributed lag analysis |
title_full_unstemmed |
Economic growth and electricity consumption: Auto regressive distributed lag analysis |
title_sort |
economic growth and electricity consumption: auto regressive distributed lag analysis |
publisher |
University of Cape Town |
series |
Journal of Energy in Southern Africa |
issn |
1021-447X 2413-3051 |
publishDate |
2017-10-01 |
description |
Knowledge of the direction of causality between electricity consumption and economic growth is of primary importance if appropriate energy policies and energy conservation measures are to be devised. This study estimates the causality relationship between electricity consumption and economic growth in per capita and aggregate levels. The study uses the price and income elasticities of total electricity demand and industrial demand by using the auto regressive distributed lag (ARDL) method for some developed and developing countries, including the US, UK, Canada, Japan, China, India, Brazil, Italy, France, Turkey and South Africa. There is evidence to support the growth hypothesis for the US, China, Canada and Brazil. There is evidence to support the conservation hypothesis for India, Turkey, South Africa, Japan, UK, France and Italy. |
url |
https://journals.assaf.org.za/jesa/article/view/3176 |
work_keys_str_mv |
AT melikeebildirici economicgrowthandelectricityconsumptionautoregressivedistributedlaganalysis AT tahsinbakirtas economicgrowthandelectricityconsumptionautoregressivedistributedlaganalysis AT fazılkayikci economicgrowthandelectricityconsumptionautoregressivedistributedlaganalysis |
_version_ |
1725953167202451456 |