Electricity consumption and metropolitan economic performance in Guangzhou: 1950–2013
Thomas Fullerton () and
Adam G. Walke
Energy Economics, 2017, vol. 63, issue C, 154-160
This study analyzes the relationship between electricity consumption and metropolitan economic growth for Guangzhou, China using 64years of annual-frequency data. The capital stock is used as a control variable because of its role in mediating the relationship between energy utilization and economic output. Empirical results indicate unidirectional Granger causality from electricity consumption to metropolitan economic performance in the short run. This is consistent with the argument that dependable electricity infrastructure and service can play a vital role in facilitating economic growth. Implications for conservation efforts and regional development are discussed.
Keywords: Electricity consumption; Urban growth; Granger causality; Guangzhou (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:63:y:2017:i:c:p:154-160
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