The analysis of the relationship between economic growth and electricity consumption in South American continents: MS-Granger causality analysis


Bildirici M. E.

ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY, vol.11, no.8, pp.766-775, 2016 (Journal Indexed in SCI) identifier identifier

  • Publication Type: Article / Article
  • Volume: 11 Issue: 8
  • Publication Date: 2016
  • Doi Number: 10.1080/15567249.2012.726694
  • Title of Journal : ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY
  • Page Numbers: pp.766-775

Abstract

In this study, the relationship between electricity consumption and economic growth is investigated by MS-VAR and MS-Granger Causality methods. This study involves five countries in American continents: the Dominican Republic, Ecuador, El-Salvador, Guatemala, and Nicaragua for the period 1970-2010. In sum, some evidence of bidirectional Granger causality was found between electricity consumption and economic growth.