NDLI: Causal Nexus of Electricity Consumption and Economic Growth: Evidence for Selected Eight Asian Countries

Content Provider	Semantic Scholar
Author	Rahman, Matiur Banerjee, Prashanta Kumar
Copyright Year	2015
Abstract	In economic growth empirics, waves of neo-classical theories pioneered by Solow (1956) include capital and labor as variable inputs with technology as total factor productivity. They omitted the essential role of electricity consumption in economic growth enhancement. The seminal work of Kraft and Kraft (1978) that found evidence of a unidirectional causal flow from GNP to electricity consumption in the U.S. for 1947-74 inspired an expanding volume of academic research on this important subject for developing countries.
File Format	PDF HTM / HTML
Alternate Webpage(s)	https://bea-bd.org/site/images/pdf/087.pdf
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article

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