Discussion and Analysis on Electric Energy

2015 ◽  
Vol 740 ◽  
pp. 1019-1024
Author(s):  
Jing Hong Zhou ◽  
Biao Chen ◽  
Yu Lu
Keyword(s):  
Economic Growth ◽  
Granger Causality ◽  
Electric Energy ◽  
Electricity Consumption ◽  
Jilin Province ◽  
Integration Theory ◽  
Causality Analysis ◽  
Equilibrium Relationship ◽  
The Relationship

<span><p class="TTPAbstract"><span lang="EN-US">As the co-integration theory is introduced, this research attempts to explore the relationship between economic growth and electric consumption based on co-integration theory in Jilin province. The data we use comes from the economic and electricity data in Jilin Province during 1978 to 2013. The analysis results show that a long-term stable equilibrium relationship between electricity consumption and economic growth in Jilin province is existing. Based on the Granger causality analysis, we find that there is no Granger causality between electricity consumption and economic growth in Jilin Province.<o:p></o:p></span></p>

scholarly journals Long-term Relationship between Electricity Consumption and Economic Growth

2020 ◽  
Vol 165 ◽  
pp. 06014
Author(s):  
Xia Liyu ◽  
He Wan
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Electricity Consumption ◽  
Quarterly Data ◽  
Material Basis ◽  
Equilibrium Relationship ◽  
Secondary Industry ◽  
The Relationship

Electricity is an indispensable material basis for economic development. It is necessary to study the relationship between different electricity consumption and economic growth. Based on the quarterly data of China’s electricity consumption and economic development from 2011 to 2018, the long-term equilibrium relationship between variables are analyzed from a causal perspective, and electricity consumption indicators for reflecting economic development are identified. The results show that there is a long-term equilibrium relationship between secondary industry electricity consumption, industrial electricity consumption and GDP. The demand for electricity consumption still needs to be met urgently.

Study of the Relationship among Economic Growth, Export and Energy Consumption in China

2014 ◽  
Vol 694 ◽  
pp. 542-546
Author(s):  
Xiao Wei Yang
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Granger Causality ◽  
Granger Causality Test ◽  
Analytical Framework ◽  
Test Method ◽  
Causality Test ◽  
Equilibrium Relationship ◽  
The Relationship

This paper uses co-integration theories and Granger causality test method to analyze the inter-linkages among China's economic growth, export and energy consumption within a unified analytical framework. The results show that there exists a long-term equilibrium relationship between economic growth, exports and energy consumption, and economic growth and exports both promote energy consumption in the long term. Furthermore, there exist bi-directional Granger causality between economic growth and energy consumption, export and energy consumption respectively.

Investment Analysis of Electricity Industry Based on Cointegration Model

2012 ◽  
Vol 433-440 ◽  
pp. 2400-2405
Author(s):  
Xiao Ying He ◽  
Hui Zhou
Keyword(s):  
Economic Growth ◽  
Granger Causality ◽  
Empirical Studies ◽  
Electricity Consumption ◽  
Annual Data ◽  
Causality Test ◽  
Vector Error Correction ◽  
Vector Error ◽  
The Relationship

By undertaking the cointegration theory with annual data over the period 1978-2008 in China, empirical studies on the relationship among power investment, electricity consumption and economic growth is carried out, and long-term equilibrium model and short-term vector error correction model are established; Granger causality test indicates that power investment is not the Granger causality of electricity consumption, while there exists bidirectional Granger causalities between electricity consumption and economic growth.

An Empirical Analysis on the Relationship between Transport Infrastructure and Economic Growth in Tianjin

2012 ◽  
Vol 253-255 ◽  
pp. 278-281
Author(s):  
Xiao Zhe Meng
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Granger Causality ◽  
Empirical Analysis ◽  
Time Series Data ◽  
Transport Infrastructure ◽  
Integration Theory ◽  
Series Data ◽  
Positive Correlations ◽  
The Relationship

Transport infrastructure makes important contribution to economic growth. At the same time, the economic growth provides support to the transport infrastructure. Based on the co-integration theory and Granger casualty analysis, using time series data in Tianjin from 1978 to 2010, empirically analyze the co-integration relationship and Granger causality between the index of all kinds of transport infrastructure and the GDP in Tianjin. Research shows that there are positive correlations between the length of road, railway, quay line and GDP. The length of road, railway and quay line is the Granger cause of GDP. However, GDP is not the Granger cause of transport infrastructure.

scholarly journals Evidence on the Nexus Between Electricity Consumption and Economic Growth through Empirical Investigation of Uganda

2015 ◽  
Vol 8 (1) ◽  
pp. 149-165
Author(s):  
Lira Sekantsiand ◽  
Mamofokeng Motlokoa
Keyword(s):  
Economic Growth ◽  
Granger Causality ◽  
Capital Stock ◽  
Capital Accumulation ◽  
Electricity Consumption ◽  
The Body ◽  
Electricity Sector ◽  
Short Term ◽  
Short Run

AbstractThis paper empirically examines the electricity consumption - economic growth nexus in Uganda for the period 1982 to 2013, with a view to contributing to the body of literature on this topic and informing energy policy design in Uganda. Using capital stock as an intermittent variable in the causality framework, the paper employs Johansen-Juselius (1988, 1995) multivariate cointegration and VECM based Granger causality tests and finds a bidirectional causality between electricity consumption and economic growth in the long-term and distinct causal flow from economic growth to electricity consumption in the short-run, and short-term and long-term Granger causality from capital stock to economic growth, with short-run feedback in the opposite direction. Therefore, it implies that firstly, the Government of Uganda (GoU) can implement conservation policies only through reducing energy intensity and promoting efficient energy use to avoid decline in output and secondly, that the GoU should intensify its efforts towards capital accumulation in order to realize sustainable economic growth. Lastly, the empirical evidence that electricity consumption influences some short-term capital accumulation supports the GoU’s efforts to allow private sector investment in the electricity sector in an effort to increase electricity supply.

scholarly journals Measurement and Analysis of Total Local Production Effect on Investment Spending in Iraq from 1990-2018

2021 ◽  
Vol 3 (2) ◽  
pp. 68-74
Author(s):  
Hussam Aldeen Taha ◽  
Hasan Zidan Khalaf
Keyword(s):  
Economic Growth ◽  
Extended Period ◽  
Local Production ◽  
Economic Activities ◽  
Equilibrium Relationship ◽  
Measurement And Analysis ◽  
Marginal Propensity ◽  
Investment Spending ◽  
The Relationship

Investment is one of the important economic activities that occupies fundamental place in the priorities of economic studies because the size of investment determines the volume of production and income and then the rate of economic growth and contributes to pushing the wheel of economic growth, so this research tries to measure the function of investment spending in the Iraqi economy during the extended period From 1990-2018, using the ARDL model, the results of this study showed that there is a long-term equilibrium relationship between income and investment spending and that investment spending depends largely on income, meaning that the relationship between investment spending and income is positive, and the marginal propensity to invest is 0.13.

The Relationship Between Electricity Generation, Electricity Consumption, and Economic Growth in Turkey 1975-2019

2021 ◽  
pp. 195-211
Author(s):  
Abdulkadir Keskin ◽  
Berat Kara
Keyword(s):  
Economic Growth ◽  
Causal Relationship ◽  
Electricity Generation ◽  
Electric Energy ◽  
Electricity Consumption ◽  
Electrical Energy ◽  
Test Method ◽  
Causality Test ◽  
The Relationship ◽  
Electrical Energy Generation

Electric energy is very important both technologically and economically in today's countries. Countries can generate and consume more energy according to their level of development and the resources they have. In the literature, it is estimated in parallel with the development of countries; there will also be an increase in electrical energy generation and consumption. Similarly, in economies that generate and consume more electricity, it is assumed that this will affect their economic growth. But these assumptions need to be calculated econometrically. This study has been prepared for this purpose. In this study, the relationship between electricity generation, electricity consumption, and economic growth in Turkey was analyzed. In the analysis conducted for the period 1975-2019, the Toda-Yamamoto causality test method was preferred as the method. As a result of the analysis, it was determined that there is a causal relationship from electricity consumption and electricity generation to economic growth, valid for the period 1975-2019 in Turkey.

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