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Electricity consumption and economic growth evidence from Korea
Electricity consumption Economic growth Causality Unit root Co-integration
2014/11/27
This paper investigates the short- and long-run causality issues between electricity consumption and economic growth in Korea by using the co-integration and error-correction models. It employs annual...
The roles of electricity and ICT in economic growth: Case Finland
Electricity ICT General purpose technology Growth accounting Productivity
2014/11/27
A quantitative look is taken at electricity and ICT as the engines of economic growth in Finland which was one of the leading countries in the electrification of mechanical drive in industry and which...