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- W2000539164 abstract "The goal of this paper is to undertake a panel data investigation of long-run Granger causality between electricity consumption and real GDP for seven panels, which together consist of 93 countries. We use a new panel causality test and find that in the long-run both electricity consumption and real GDP have a bidirectional Granger causality relationship except for the Middle East where causality runs only from GDP to electricity consumption. Finally, for the G6 panel the estimates reveal a negative sign effect, implying that increasing electricity consumption in the six most industrialised nations will reduce GDP." @default.
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- W2000539164 date "2010-10-01" @default.
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- W2000539164 title "Does electricity consumption panel Granger cause GDP? A new global evidence" @default.
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- W2000539164 doi "https://doi.org/10.1016/j.apenergy.2010.03.021" @default.
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