کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
993054 936017 2011 6 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Electricity consumption and economic growth nexus in Bangladesh: Revisited evidences
موضوعات مرتبط
مهندسی و علوم پایه مهندسی انرژی مهندسی انرژی و فناوری های برق
پیش نمایش صفحه اول مقاله
Electricity consumption and economic growth nexus in Bangladesh: Revisited evidences
چکیده انگلیسی

In this paper, an attempt is being made to examine the causal relationship between per capita electricity consumption and per capita GDP of Bangladesh using the vector error correction specified Granger causality test to search their short-run, long-run and joint causal relationships for the period of 1971–2008. Empirical findings reveal that there is a short-run unidirectional causal flow running from per capita electricity consumption to per capita GDP without feedback. The presence of a positive short-run causality explains that an increase in electricity consumption directly affects economic activity in Bangladesh. Likewise, results from joint causality exhibit the same as in short-run. By contrast, long-run results show a bi-directional causality running from electricity consumption to economic growth with feedback. These findings can provide essential policy insights to design immediate and long-term growth prospect for Bangladesh keeping in mind its present planned growth strategy and dismal power and energy sector.


► Short-run causality running from electricity consumption to economic growth.
► Positive SR causality explains electricity generation directly affects economic growth.
► For long run, causality runs from electricity consumption to economic growth with feedback.
► Joint causality implies the same as in short-run.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Energy Policy - Volume 39, Issue 10, October 2011, Pages 6145–6150
نویسندگان
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