Electricity consumption–real GDP causality nexus: Evidence from a bootstrapped causality test for 30 OECD countries

The 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, t...

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Bibliographic Details
Main Authors: Paresh Narayan, A Prasad
Format: Other Non-Article Part of Journal/Newspaper
Language:unknown
Published: 2008
Subjects:
Uncategorized
OECD countries
electricity consumption
real GDP
Social Sciences
Science & Technology
Technology
Life Sciences & Biomedicine
Economics
Energy & Fuels
Environmental Sciences
Environmental Studies
Business & Economics
Environmental Sciences & Ecology
ECONOMIC-GROWTH
RESIDENTIAL DEMAND
COINTEGRATION
AUSTRALIA
TURKEY
BOUNDS
INCOME
CHINA
POWER
MODEL
Iceland
Online Access:http://hdl.handle.net/10536/DRO/DU:30018534
https://figshare.com/articles/journal_contribution/Electricity_consumption_real_GDP_causality_nexus_Evidence_from_a_bootstrapped_causality_test_for_30_OECD_countries/21053563
Description
Summary:The 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.

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