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Electricity consumption–real GDP causality nexus: Evidence from a bootstrapped causality test for 30 OECD countries
journal contribution
posted on 2008-02-01, 00:00 authored by Paresh Narayan, A PrasadThe goal of this paper is to examine any causal effects between electricity consumption and real GDP for 30 OECD countries. We use a bootstrapped causality testing approach and unravel evidence in favour of electricity consumption causing real GDP in Australia, Iceland, Italy, the Slovak Republic, the Czech Republic, Korea, Portugal, and the UK. The implication is that electricity conservation policies will negatively impact real GDP in these countries. However, for the rest of the 22 countries our findings suggest that electricity conversation policies will not affect real GDP.
History
Journal
Energy policyVolume
36Issue
2Pagination
910 - 918Publisher
ElsevierLocation
Amsterdam, The NetherlandsPublisher DOI
ISSN
0301-4215eISSN
1873-6777Language
engPublication classification
C1.1 Refereed article in a scholarly journalCopyright notice
2008, Elsevier LtdUsage metrics
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OECD countrieselectricity consumptionreal GDPSocial SciencesScience & TechnologyTechnologyLife Sciences & BiomedicineEconomicsEnergy & FuelsEnvironmental SciencesEnvironmental StudiesBusiness & EconomicsEnvironmental Sciences & EcologyECONOMIC-GROWTHRESIDENTIAL DEMANDCOINTEGRATIONAUSTRALIATURKEYBOUNDSINCOMECHINAPOWERMODEL
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