Electricity consumption and economic growth: evidence from Poland

Rafał Kasperowicz

Abstract

The paper investigates the relationship between electricity consumption and economic growth in Poland for the period 2000 to 2012. Understanding the behavior of electricity consumption in relation to the economy is very important for improve a stable economic growth and development. The obtained results indicate that there is the causal relationship between electricity consumption and economic growth in Poland and the relationship is bi-directional. We also discovered the bi-directional causality between capital and economic growth. On the basis of the causality results we estimated a one-sector aggregate production function, where the electricity consumption was one of the input variables. The evaluated growth model showed that electricity consumption is a pro-growth variable, so the results indicate that economic growth of Poland is electricity-dependent. That’s allows to state that electricity is a limiting factor to economic growth of Poland.
Author Rafał Kasperowicz (WZ / KM)
Rafał Kasperowicz,,
- Department of Microeconomics
Journal seriesJournal of International Studies, ISSN 2071-8330, e-ISSN 2306-3483, (B 11 pkt)
Issue year2014
Vol7
No1
Pages46-57
Publication size in sheets0.55
Keywords in EnglishElectricity consumption, Economic growth, Granger causality, Poland
ASJC Classification2002 Economics and Econometrics; 3312 Sociology and Political Science
DOIDOI:10.14254/2071-8330.2014/7-1/4
URL https://www.jois.eu/files/4.pdf
Languageen angielski
Score (nominal)11
Score sourcejournalList
ScoreMinisterial score = 8.0, 16-12-2019, ArticleFromJournal
Ministerial score (2013-2016) = 11.0, 16-12-2019, ArticleFromJournal
Publication indicators Scopus SNIP (Source Normalised Impact per Paper): 2014 = 0.327
Citation count*39 (2020-09-14)
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* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
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