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The core focus of this paper is to assess the relationship between the electricity consumption and institutions within … variables are cointegrated in the long-run. We find that institutions play an important role to explain this cointegration. The … response of electricity demand is increasingly negative due to the one standard deviation shock in institutions. This …
Persistent link: https://www.econbiz.de/10010891062
The aim of this paper is to investigate the causal relationship between electricity consumption and GDP growth for the kingdom of Bahrain during the period 1980–2008. By performing an error-correction model, our results reveal that electricity consumption and GDP are cointegrated. The granger...
Persistent link: https://www.econbiz.de/10011259770
This study revisits the relationship between electricity consumption and economic growth in Pakistan by controlling and investigating the effects of two major production factors - capital and labor. The empirical evidence confirms the cointegration among the variables and indicates that...
Persistent link: https://www.econbiz.de/10009295284
Electricity has attained a very important place in every household on this planet. It is a major contributor towards improvement of the standard of living of any individual, family and society at large. This paper aims to find out the monthly average household electricity consumption and...
Persistent link: https://www.econbiz.de/10010801076
Using a unique data set that merges an electric utility’s residential customer monthly electricity consumption in 2008 with household level data on demographics, structure and neighborhood characteristics and the political party of registration for the head of household, this paper documents...
Persistent link: https://www.econbiz.de/10011041575
This study explores a relationship between electricity consumption and economic growth in Pakistan by incorporating financial development within the neoclassical production function. The Autoregressive Distributed Lag (ARDL) bounds testing approach has been applied to data from 1972-2012. To...
Persistent link: https://www.econbiz.de/10011183588
This paper examines the demand for commercial electricity in the U.S. and focuses on the functional form. The results show that the linear-log form performs better than the log-log, linear and log-linear forms. The demand for commercial electricity is positively affected by real GDP, the real...
Persistent link: https://www.econbiz.de/10011183605
The study reconsiders the relationship between electricity consumption and economic growth by incorporating financial development, capital and labor as important factors of production using augmented production function in Turkey for the period of 1971-2009. In doing so, we applied ARDL bounds...
Persistent link: https://www.econbiz.de/10011110964
Although many factors have been identified to explain the nexus between electricity consumption and economic growth, the empirical evidence is rather mixed. Given these contradictory conclusions, we try to find out which outcome the meta analysis would support. To tackle this issue, we...
Persistent link: https://www.econbiz.de/10011113858
This study contributes to energy economic literature by incorporating financial development in neo-classical production function to investigate the electricity consumption and economic growth nexus in case of Pakistan. ARDL bounds testing approach has been applied to examine cointegration...
Persistent link: https://www.econbiz.de/10009404633