Electricity Demand, GDP and Employment: Evidence from Shandong
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This paper analyses the possible relationship among the electricity demand, GDP and employment in Shandong. The cointegration equation coefficients show that there is a positive correlation among electricity demand, GDP and employment. Granger causality test indicates that there is a one-way Granger causal relationship both from electricity demand to GDP and from electricity demand to employment. Since that Shandong GDP growth can be explained by the increased electricity demand and the increased number of people employed, policies encouraging electricity demand and employment can be issued to help push further economic development in Shandong province.
2020 ◽
Vol 3
(2)
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pp. 17-27
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Keyword(s):
2015 ◽
Vol 50
(10)
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pp. 1728-1741
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2013 ◽
Vol 6
(3)
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pp. 296
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