A survey of the electricity consumption-growth literature

被引:394
作者
Payne, James E. [1 ]
机构
[1] Illinois State Univ, Coll Arts & Sci, Normal, IL 61790 USA
关键词
Electricity consumption; Economic growth; Granger-causality; MULTIVARIATE GRANGER CAUSALITY; ECONOMIC-GROWTH; ENERGY-CONSUMPTION; THRESHOLD COINTEGRATION; PANEL COINTEGRATION; ERROR-CORRECTION; GDP; INCOME; TESTS; BOUNDS;
D O I
10.1016/j.apenergy.2009.06.034
中图分类号
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号
0807 ; 0820 ;
摘要
This study discusses the various hypotheses associated with the causal relationship between electricity consumption and economic growth along with a survey of the empirical literature. The survey focuses on country coverage, variables selected and model specification, econometric approaches, various methodological issues, and empirical results. The results for the specific countries surveyed show that 31.15% supported the neutrality hypothesis; 27,87% the conservation hypothesis; 22.95% the growth hypothesis; and 18.03% the feedback hypothesis. (C) 2009 Elsevier Ltd. All rights reserved.
引用
收藏
页码:723 / 731
页数:9
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