ELECTRICITY CONSUMPTION AND ECONOMIC-GROWTH IN JAMAICA

被引:30
作者
RAMCHARRAN, H
机构
[1] Department of Finance, The University of Akron, Akron
关键词
Economic growth; Electricity; Income elastic;
D O I
10.1016/0140-9883(90)90009-5
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study examines the relationship between electricity consumption and economic growth in Jamaica during 1970-86, a period of rapid increase in energy prices. The results show that the aggregate demand for electricity is slightly income elastic, electricity has a significant impact on economic growth, the electricity intensity has increased over time, residential demand is fairly income elastic, commercial demand is price inelastic, and the rate of adjustment is slow. These results suggest that conservation policies could be ineffective. Therefore, indigenous sources of electricity are important for Jamaica to be less dependent on imported energy. © 1990.
引用
收藏
页码:65 / 70
页数:6
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