Causality between Electricity Consumption & Economic growth : Empirical Evidence from India

Gupta, Geetu and Sahu, Naresh Chandra (2009): Causality between Electricity Consumption & Economic growth : Empirical Evidence from India.

Abstract

In this study ,an attempt has been made to investigate causality between electricity consumption and economic growth in India by adopting Granger Engel causality model for 1960-2006 period .Test results shows that electricity consumption has positive effect on economic growth. The paper support for the reforms in power sector and indicates that electricity act as a catalyst in realizing various social and economic goals.

• Item Type: MPRA Paper
• English Title: Causality between Electricity Consumption & Economic growth in India : An Empirical Investigation
• Language: English
• Keywords: Electricity consumption; Economic growth ; Granger Engel causality; India .
• Subjects: Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q4 - Energy > Q48 - Government Policy; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q4 - Energy > Q49 - Other; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q4 - Energy > Q40 - General

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