Electricity consumption, employment and real income in Australia evidence from multivariate Granger causality tests

Narayan, Paresh Kumar and Smyth, Russell 2005, Electricity consumption, employment and real income in Australia evidence from multivariate Granger causality tests, Energy policy, vol. 33, no. 9, pp. 1109-1116.

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Title Electricity consumption, employment and real income in Australia evidence from multivariate Granger causality tests
Author(s) Narayan, Paresh Kumar
Smyth, Russell
Journal name Energy policy
Volume number 33
Issue number 9
Start page 1109
End page 1116
Total pages 8
Publisher Pergamon
Place of publication Oxford, England
Publication date 2005-06
ISSN 0301-4215
1873-6777
Keyword(s) Electricity consumption
Causality
Bounds test
Cointegration
Summary This paper examines the relationship between electricity consumption, employment and real income in Australia within a cointegration and causality framework. We find that electricity consumption, employment and real income are cointegrated and that in the long-run employment and real income Granger cause electricity consumption, while in the short run there is weak unidirectional Granger causality running from income to electricity consumption and from income to employment.
Language eng
Field of Research 140399 Econometrics not elsewhere classified
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2003, Elsevier
Persistent URL http://hdl.handle.net/10536/DRO/DU:30024734

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