Journal Article

·2016

The analysis of the relationship between economic growth and electricity consumption in South American continents: MS-Granger causality analysis

Melike Bildirici YTU

Energy Sources Part B Economics Planning and Policy

Abstract

In this study, the relationship between electricity consumption and economic growth is investigated by MS-VAR and MS-Granger Causality methods. This study involves five countries in American continents: the Dominican Republic, Ecuador, El-Salvador, Guatemala, and Nicaragua for the period 1970–2010. In sum, some evidence of bidirectional Granger causality was found between electricity consumption and economic growth.

Keywords

Granger causality Consumption (sociology) Causality (physics) Economics Electricity Econometrics Development economics Agricultural economics Macroeconomics Economy Engineering Physics Social science

Subject Areas

Energy, Environment, Economic Growth ·Economics and Econometrics ·Social Sciences
Energy, Environment, and Transportation Policies ·Renewable Energy, Sustainability and the Environment ·Physical Sciences
Energy and Environment Impacts ·Pollution ·Physical Sciences

Citations by Year

OpenAlex SDG Match

SDGs auto-classified by OpenAlex (score ≥ 0.4 shown).

Decent work and economic growth 51%