Non-linear dynamics of electric power losses, electricity consumption, and GDP in Jamaica
Anupam Das and
Adian McFarlane
Energy Economics, 2019, vol. 84, issue C
Abstract:
We examine the relationship between electric power losses, electric power consumption, and GDP in Jamaica for the period 1971 to 2014 accounting for the non-linear growth in GDP. There are two key findings. First, there are cointegrating relationships between the energy variables and GDP. In the long run, a positive shock to electric power losses has a negative impact on GDP, but one to electric power consumption has a positive impact that peters out over time. Second, in the short run, the growth in the energy variables Granger cause GDP growth. We discuss the implications of these findings.
Keywords: Electricity consumption; electricity power losses; Jamaica; ARDL; VECM; Granger (search for similar items in EconPapers)
JEL-codes: O13 O47 O54 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:84:y:2019:i:c:s0140988319303251
DOI: 10.1016/j.eneco.2019.104530
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