Title
Electricity consumption and metropolitan economic performance in Guangzhou: 1950–2013
Publication Date
3-1-2017
Publication Name
Energy Economics
Volume
63
First Page
154
Last Page
160
Source Full Text URL
https://doi.org/10.1016/j.eneco.2017.02.002
Document Type
Article
DOI
10.1016/j.eneco.2017.02.002
Abstract
© 2017 Elsevier B.V. This study analyzes the relationship between electricity consumption and metropolitan economic growth for Guangzhou, China using 64 years 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.