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

Narayan, Paresh Kumar and Prasad, Arti 2008, Electricity consumption–real GDP causality nexus: Evidence from a bootstrapped causality test for 30 OECD countries, Energy policy, vol. 36, no. 2, pp. 910-918.

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Title Electricity consumption–real GDP causality nexus: Evidence from a bootstrapped causality test for 30 OECD countries
Author(s) Narayan, Paresh Kumar
Prasad, Arti
Journal name Energy policy
Volume number 36
Issue number 2
Start page 910
End page 918
Publisher Elsevier
Place of publication Amsterdam, The Netherlands
Publication date 2008-02
ISSN 0301-4215
1873-6777
Keyword(s) OECD countries
electricity consumption
real GDP
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.
Language eng
Field of Research 140305 Time-Series Analysis
HERDC Research category C1.1 Refereed article in a scholarly journal
HERDC collection year 2008
Copyright notice ©2008, Elsevier Ltd
Persistent URL http://hdl.handle.net/10536/DRO/DU:30018534

Document type: Journal Article
Collection: School of Accounting, Economics and Finance
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