EconPapers    
Economics at your fingertips  
 

A Re-Examination of the Relationship between Electricity Consumption and Economic Growth in India

Kamaljit Singh and Simmi Vashishtha
Additional contact information
Kamaljit Singh: Research scholar, University School of Management, Kurukshetra University Kurukshetra, Haryana, India.
Simmi Vashishtha: Assistant Professor, University School of Management, Kurukshetra University Kurukshetra, Haryana, India.

Energy Economics Letters, 2020, vol. 7, issue 1, 36-45

Abstract: The intent of the study is to re-examine the relationship between per capita electricity consumption and per capita Gross Domestic Product (GDP) from 1971 to 2014. By employing the Granger causality test, the study found that there was absence of a long-term equilibrium relationship between per capita electricity consumption and per capita GDP in India, but the existence of unidirectional causality running from per capita GDP to per capita electricity consumption was reported in a Vector Autoregression (VAR) framework. The results indicate that the policymakers should encourage energy conservation measures on both the supply and demand-side which will lead to sustainable energy supply in the country. This will lead to a sustainable energy supply in the country. Moreover, if the government in collaboration with the power utility industries frames the appropriate national policy on energy conservation for entering the practical action, it will enhance economic development on a sustainable basis.

Keywords: Electricity Consumption; Energy Conservation; GDP; VAR; Granger causality test. (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.aessweb.com/download.php?id=5058 (application/pdf)
http://www.aessweb.com/journals/5049/June2020 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:asi:eneclt:2020:p:36-45

Access Statistics for this article

Energy Economics Letters is currently edited by Editor

More articles in Energy Economics Letters from Asian Economic and Social Society 2637 E Atlantic Blvd #43110 Pompano Beach, FL 33062, USA.
Bibliographic data for series maintained by Chan Hoi Yan ().

 
Page updated 2020-08-01
Handle: RePEc:asi:eneclt:2020:p:36-45