메뉴 건너뛰기




Volumn 8, Issue 1, 2014, Pages 31-40

Electricity demand, GDP and employment: Evidence from Italy

Author keywords

causality; cointegration; electricity demand; energy policies; GDP; Italy; labor force; stationarity; structural breaks

Indexed keywords


EID: 84897601354     PISSN: 20951701     EISSN: 20951698     Source Type: Journal    
DOI: 10.1007/s11708-014-0296-8     Document Type: Article
Times cited : (46)

References (63)
  • 2
    • 77953683142 scopus 로고    scopus 로고
    • Economic growth-electricity consumption causality in 12 European countries: a dynamic panel data approach
    • Ciarreta A, Zarraga A. Economic growth-electricity consumption causality in 12 European countries: a dynamic panel data approach. Energy Policy, 2010, 38(7): 3790-3796.
    • (2010) Energy Policy , vol.38 , Issue.7 , pp. 3790-3796
    • Ciarreta, A.1    Zarraga, A.2
  • 3
    • 0001459939 scopus 로고
    • On the relationship between energy and GNP
    • Kraft J, Kraft A. On the relationship between energy and GNP. Journal of the Energy Division, 1978, 3(2): 401-403.
    • (1978) Journal of the Energy Division , vol.3 , Issue.2 , pp. 401-403
    • Kraft, J.1    Kraft, A.2
  • 4
    • 71949129752 scopus 로고    scopus 로고
    • A literature survey on energy-growth nexus
    • Ozturk I. A literature survey on energy-growth nexus. Energy Policy, 2010, 38(1): 340-349.
    • (2010) Energy Policy , vol.38 , Issue.1 , pp. 340-349
    • Ozturk, I.1
  • 6
    • 51749098242 scopus 로고    scopus 로고
    • Electricity consumption and economic growth in the European Union: a causality study using panel unit root and cointegration analysis
    • Bohm D C. Electricity consumption and economic growth in the European Union: a causality study using panel unit root and cointegration analysis. In: 5th International Conference on European Electricity Market, Lisboa, Portugal, 2008, 1-6.
    • (2008) 5th International Conference on European Electricity Market, Lisboa, Portugal , pp. 1-6
    • Bohm, D.C.1
  • 7
    • 34250800874 scopus 로고    scopus 로고
    • Electricity consumption in G7 countries: a panel cointegration analysis of residential demand elasticities
    • Narayan P K, Smyth R, Prasad A. Electricity consumption in G7 countries: a panel cointegration analysis of residential demand elasticities. Energy Policy, 2007, 35(9): 4485-4494.
    • (2007) Energy Policy , vol.35 , Issue.9 , pp. 4485-4494
    • Narayan, P.K.1    Smyth, R.2    Prasad, A.3
  • 8
    • 38049051362 scopus 로고    scopus 로고
    • Electricity consumption-real GDP causality nexus: Evidence from a bootstrapped causality test for 30 OECD countries
    • Narayan P K, Prasad A. Electricity consumption-real GDP causality nexus: Evidence from a bootstrapped causality test for 30 OECD countries. Energy Policy, 2008, 36(2): 910-918.
    • (2008) Energy Policy , vol.36 , Issue.2 , pp. 910-918
    • Narayan, P.K.1    Prasad, A.2
  • 9
    • 84872203408 scopus 로고    scopus 로고
    • On the relationship between disaggregated energy production and GDP in Italy
    • Magazzino C. On the relationship between disaggregated energy production and GDP in Italy. Energy & Environment, 2012, 23(8): 1191-1208.
    • (2012) Energy & Environment , vol.23 , Issue.8 , pp. 1191-1208
    • Magazzino, C.1
  • 13
    • 33845408792 scopus 로고    scopus 로고
    • The relationship between GDP and electricity consumption in 10 Asian countries
    • Chen S T, Kuo H I, Chen C C. The relationship between GDP and electricity consumption in 10 Asian countries. Energy Policy, 2007, 35(4): 2611-2621.
    • (2007) Energy Policy , vol.35 , Issue.4 , pp. 2611-2621
    • Chen, S.T.1    Kuo, H.I.2    Chen, C.C.3
  • 14
    • 77950857875 scopus 로고    scopus 로고
    • The causal relationship between energy consumption and GDP in Albania, Bulgaria, Hungary and Romania: Evidence from ARDL bound testing approach
    • Ozturk I, Acaravci A. The causal relationship between energy consumption and GDP in Albania, Bulgaria, Hungary and Romania: Evidence from ARDL bound testing approach. Applied Energy, 2010, 87(6): 1938-1943.
    • (2010) Applied Energy , vol.87 , Issue.6 , pp. 1938-1943
    • Ozturk, I.1    Acaravci, A.2
  • 15
    • 33845387935 scopus 로고    scopus 로고
    • A definition of the gross domestic product-electrification interrelationship
    • Murry D A, Nan G D. A definition of the gross domestic product-electrification interrelationship. The Journal of Energy and Development, 1996, 19(2): 275-283.
    • (1996) The Journal of Energy and Development , vol.19 , Issue.2 , pp. 275-283
    • Murry, D.A.1    Nan, G.D.2
  • 16
    • 84897619451 scopus 로고    scopus 로고
    • A bounds analysis of electricity consumption and economic growth in the GCC
    • Squalli J, Wilson K. A bounds analysis of electricity consumption and economic growth in the GCC. Zayed University EPRUWorking Papers, 2006, Paper No. 06-09.
    • (2006) Zayed University EPRUWorking Papers
    • Squalli, J.1    Wilson, K.2
  • 17
    • 32544451306 scopus 로고    scopus 로고
    • Electricity consumption and economic growth: a time series experience for 17 African countries
    • Wolde-Rufael Y. Electricity consumption and economic growth: a time series experience for 17 African countries. Energy Policy, 2006, 34(10): 1106-1114.
    • (2006) Energy Policy , vol.34 , Issue.10 , pp. 1106-1114
    • Wolde-Rufael, Y.1
  • 18
    • 33846807362 scopus 로고    scopus 로고
    • An empirical analysis of electricity consumption in Cyprus
    • Zachariadis T, Pashourtidou N. An empirical analysis of electricity consumption in Cyprus. Energy Economics, 2007, 29(2): 183-198.
    • (2007) Energy Economics , vol.29 , Issue.2 , pp. 183-198
    • Zachariadis, T.1    Pashourtidou, N.2
  • 19
    • 77950515918 scopus 로고    scopus 로고
    • Electricity consumption-growth nexus: evidence from panel data for transition countries
    • Acaravci A, Ozturk I. Electricity consumption-growth nexus: evidence from panel data for transition countries. Energy Economics, 2010, 32(3): 604-608.
    • (2010) Energy Economics , vol.32 , Issue.3 , pp. 604-608
    • Acaravci, A.1    Ozturk, I.2
  • 20
    • 71649085618 scopus 로고    scopus 로고
    • Electricity consumption and economic growth in Seven South American countries
    • Yoo S H, Kwak S. Electricity consumption and economic growth in Seven South American countries. Energy Policy, 2010, 38(1): 181-188.
    • (2010) Energy Policy , vol.38 , Issue.1 , pp. 181-188
    • Yoo, S.H.1    Kwak, S.2
  • 21
    • 58149084324 scopus 로고    scopus 로고
    • Electricity consumption and economic growth, the case of Lebanon
    • Abosedra S, Dah A, Ghosh S. Electricity consumption and economic growth, the case of Lebanon. Applied Energy, 2009, 86 (4): 429-432.
    • (2009) Applied Energy , vol.86 , Issue.4 , pp. 429-432
    • Abosedra, S.1    Dah, A.2    Ghosh, S.3
  • 22
    • 0036140890 scopus 로고    scopus 로고
    • Electricity consumption and economic growth in India
    • Ghosh S. Electricity consumption and economic growth in India. Energy Policy, 2002, 30(2): 125-129.
    • (2002) Energy Policy , vol.30 , Issue.2 , pp. 125-129
    • Ghosh, S.1
  • 23
    • 67349240400 scopus 로고    scopus 로고
    • Electricity supply, employment and real GDP in India: evidence from cointegration and Granger-causality tests
    • Ghosh S. Electricity supply, employment and real GDP in India: evidence from cointegration and Granger-causality tests. Energy Policy, 2009, 37(8): 2926-2929.
    • (2009) Energy Policy , vol.37 , Issue.8 , pp. 2926-2929
    • Ghosh, S.1
  • 24
    • 11244317347 scopus 로고    scopus 로고
    • Electricity consumption, employment and real income in Australia: evidence from multivariate Granger causality tests
    • Narayan P K, Smyth R. Electricity consumption, employment and real income in Australia: evidence from multivariate Granger causality tests. Energy Policy, 2005, 33(9): 1109-1116.
    • (2005) Energy Policy , vol.33 , Issue.9 , pp. 1109-1116
    • Narayan, P.K.1    Smyth, R.2
  • 25
    • 33750014509 scopus 로고    scopus 로고
    • The causal relationship between electricity consumption and economic growth in the ASEAN countries
    • Yoo S H. The causal relationship between electricity consumption and economic growth in the ASEAN countries. Energy Policy, 2006, 34(18): 3573-3582.
    • (2006) Energy Policy , vol.34 , Issue.18 , pp. 3573-3582
    • Yoo, S.H.1
  • 26
    • 33747002719 scopus 로고    scopus 로고
    • Electricity generation and economic growth in Indonesia
    • Yoo S H, Kim Y. Electricity generation and economic growth in Indonesia. Energy, 2006, 31(14): 2890-2899.
    • (2006) Energy , vol.31 , Issue.14 , pp. 2890-2899
    • Yoo, S.H.1    Kim, Y.2
  • 27
    • 33750149228 scopus 로고    scopus 로고
    • Causality relationship between electricity consumption and GDP in Bangladesh
    • Mozumder P, Marathe A. Causality relationship between electricity consumption and GDP in Bangladesh. Energy Policy, 2007, 35(1): 395-402.
    • (2007) Energy Policy , vol.35 , Issue.1 , pp. 395-402
    • Mozumder, P.1    Marathe, A.2
  • 28
    • 34548381659 scopus 로고    scopus 로고
    • Electricity consumption and economic growth: bounds and causality analyses for OPEC members
    • Squalli J. Electricity consumption and economic growth: bounds and causality analyses for OPEC members. Energy Economics, 2007, 29(6): 1192-1205.
    • (2007) Energy Economics , vol.29 , Issue.6 , pp. 1192-1205
    • Squalli, J.1
  • 29
    • 77956411127 scopus 로고    scopus 로고
    • The relationship between electricity consumption, electricity prices and GDP in Pakistan
    • Jamil F, Ahmad E. The relationship between electricity consumption, electricity prices and GDP in Pakistan. Energy Policy, 2010, 38 (10): 6016-6025.
    • (2010) Energy Policy , vol.38 , Issue.10 , pp. 6016-6025
    • Jamil, F.1    Ahmad, E.2
  • 30
    • 77955268954 scopus 로고    scopus 로고
    • Multivariate Granger causality between electricity generation, exports, prices and GDP in Malaysia
    • Lean H H, Smyth R. Multivariate Granger causality between electricity generation, exports, prices and GDP in Malaysia. Energy, 2010, 35(9): 3640-3648.
    • (2010) Energy , vol.35 , Issue.9 , pp. 3640-3648
    • Lean, H.H.1    Smyth, R.2
  • 31
    • 6944232658 scopus 로고    scopus 로고
    • The relationship between energy consumption and economic growth in Pakistan
    • Aqeel A, Butt M S. The relationship between energy consumption and economic growth in Pakistan. Asia-Pacific Development Journal, 2001, 8(2): 101-110.
    • (2001) Asia-Pacific Development Journal , vol.8 , Issue.2 , pp. 101-110
    • Aqeel, A.1    Butt, M.S.2
  • 32
    • 0042230835 scopus 로고    scopus 로고
    • Electricity consumption and economic growth in China
    • Shiu A, Lam P L. Electricity consumption and economic growth in China. Energy Policy, 2004, 32(1): 47-54.
    • (2004) Energy Policy , vol.32 , Issue.1 , pp. 47-54
    • Shiu, A.1    Lam, P.L.2
  • 33
    • 0346669936 scopus 로고    scopus 로고
    • Disaggregated industrial energy consumption and GDP: the case of Shanghai
    • Wolde-Rufael Y. Disaggregated industrial energy consumption and GDP: the case of Shanghai. Energy Economics, 2004, 26(1): 69-75.
    • (2004) Energy Economics , vol.26 , Issue.1 , pp. 69-75
    • Wolde-Rufael, Y.1
  • 34
    • 28444465508 scopus 로고    scopus 로고
    • Electricity consumption and economic growth: evidence from Turkey
    • Altinay G, Karagol E. Electricity consumption and economic growth: evidence from Turkey. Energy Economics, 2005, 27(6): 849-856.
    • (2005) Energy Economics , vol.27 , Issue.6 , pp. 849-856
    • Altinay, G.1    Karagol, E.2
  • 35
    • 33846850128 scopus 로고    scopus 로고
    • Residential electricity demand dynamics in Turkey
    • Halicioglu F. Residential electricity demand dynamics in Turkey. Energy Economics, 2007, 29(2): 199-210.
    • (2007) Energy Economics , vol.29 , Issue.2 , pp. 199-210
    • Halicioglu, F.1
  • 36
    • 33845415032 scopus 로고    scopus 로고
    • A dynamic equilibrium of electricity consumption and GDP in Hong Kong: an empirical investigation
    • Ho C Y, Siu K W. A dynamic equilibrium of electricity consumption and GDP in Hong Kong: an empirical investigation. Energy Policy, 2007, 35(4): 2507-2513.
    • (2007) Energy Policy , vol.35 , Issue.4 , pp. 2507-2513
    • Ho, C.Y.1    Siu, K.W.2
  • 37
    • 34548473561 scopus 로고    scopus 로고
    • The electricity consumption and GDP nexus for the Fiji Islands
    • Narayan P K, Singh B. The electricity consumption and GDP nexus for the Fiji Islands. Energy Economics, 2007, 29(6): 1141-1150.
    • (2007) Energy Economics , vol.29 , Issue.6 , pp. 1141-1150
    • Narayan, P.K.1    Singh, B.2
  • 38
    • 34548424437 scopus 로고    scopus 로고
    • Electricity consumption and economic growth in China: co-integration and co-feature analysis
    • Yuan J, Zhao C, Yu S, Hu Z. Electricity consumption and economic growth in China: co-integration and co-feature analysis. Energy Economics, 2007, 29(6): 1179-1191.
    • (2007) Energy Economics , vol.29 , Issue.6 , pp. 1179-1191
    • Yuan, J.1    Zhao, C.2    Yu, S.3    Hu, Z.4
  • 39
    • 77956791431 scopus 로고    scopus 로고
    • Structural breaks, electricity consumption and economic growth: evidence from Turkey
    • Acaravci A. Structural breaks, electricity consumption and economic growth: evidence from Turkey. Journal for Economic Forecasting, 2010, (2): 140-154.
    • (2010) Journal for Economic Forecasting , pp. 140-154
    • Acaravci, A.1
  • 40
    • 71649102775 scopus 로고    scopus 로고
    • Electricity consumption-growth nexus: the case of Malaysia
    • Chandran V G R, Sharma S, Madhavan K. Electricity consumption-growth nexus: the case of Malaysia. Energy Policy, 2010, 38(1): 606-612.
    • (2010) Energy Policy , vol.38 , Issue.1 , pp. 606-612
    • Chandran, V.G.R.1    Sharma, S.2    Madhavan, K.3
  • 41
    • 84891320880 scopus 로고    scopus 로고
    • Nexus between electricity generation and economic growth in Bangladesh
    • Sarker A R, Alam K. Nexus between electricity generation and economic growth in Bangladesh. Asian Social Science, 2010, 6(12): 16-22.
    • (2010) Asian Social Science , vol.6 , Issue.12 , pp. 16-22
    • Sarker, A.R.1    Alam, K.2
  • 42
    • 0034083788 scopus 로고    scopus 로고
    • A note of the causal relationship between energy and GDP in Taiwan
    • Yang H Y. A note of the causal relationship between energy and GDP in Taiwan. Energy Economics, 2000, 22(3): 309-317.
    • (2000) Energy Economics , vol.22 , Issue.3 , pp. 309-317
    • Yang, H.Y.1
  • 43
    • 0347930477 scopus 로고    scopus 로고
    • Cointegration and causality between electricity consumption and GDP: empirical evidence from Malawi
    • Jumbe C B L. Cointegration and causality between electricity consumption and GDP: empirical evidence from Malawi. Energy Economics, 2004, 26(1): 61-68.
    • (2004) Energy Economics , vol.26 , Issue.1 , pp. 61-68
    • Jumbe, C.B.L.1
  • 44
    • 0347300436 scopus 로고    scopus 로고
    • The impact of electricity supply on economic growth in Sri Lanka
    • Morimoto R, Hope C. The impact of electricity supply on economic growth in Sri Lanka. Energy Economics, 2004, 26(1): 77-85.
    • (2004) Energy Economics , vol.26 , Issue.1 , pp. 77-85
    • Morimoto, R.1    Hope, C.2
  • 45
    • 12144264116 scopus 로고    scopus 로고
    • Electricity consumption and economic growth: evidence from Korea
    • Yoo S H. Electricity consumption and economic growth: evidence from Korea. Energy Policy, 2005, 33(12): 1627-1632.
    • (2005) Energy Policy , vol.33 , Issue.12 , pp. 1627-1632
    • Yoo, S.H.1
  • 47
    • 84857689540 scopus 로고    scopus 로고
    • Causality between electricity consumption and economic growth in Turkey
    • Aktaş C, Yilmaz V. Causality between electricity consumption and economic growth in Turkey. Journal of the Social Sciences, 2008, 4 (8): 45-54.
    • (2008) Journal of the Social Sciences , vol.4 , Issue.8 , pp. 45-54
    • Aktaş, C.1    Yilmaz, V.2
  • 48
    • 46249091634 scopus 로고    scopus 로고
    • A re-examination of the relationship between electricity consumption and economic growth in Malaysia
    • Tang C F. A re-examination of the relationship between electricity consumption and economic growth in Malaysia. Energy Policy, 2008, 36(8): 3077-3085.
    • (2008) Energy Policy , vol.36 , Issue.8 , pp. 3077-3085
    • Tang, C.F.1
  • 49
    • 67651025215 scopus 로고    scopus 로고
    • Electricity consumption and economic growth in South Africa: a trivariate causality test
    • Odhiambo N M. Electricity consumption and economic growth in South Africa: a trivariate causality test. Energy Economics, 2009, 31 (5): 635-640.
    • (2009) Energy Economics , vol.31 , Issue.5 , pp. 635-640
    • Odhiambo, N.M.1
  • 50
    • 77950862562 scopus 로고    scopus 로고
    • On the dynamics of aggregate output, electricity consumption and exports in Malaysia: evidence from multivariate Granger causality tests
    • Lean H H, Smyth R. On the dynamics of aggregate output, electricity consumption and exports in Malaysia: evidence from multivariate Granger causality tests. Applied Energy, 2010, 87(6): 1963-1971.
    • (2010) Applied Energy , vol.87 , Issue.6 , pp. 1963-1971
    • Lean, H.H.1    Smyth, R.2
  • 51
    • 78149408397 scopus 로고    scopus 로고
    • The importance of electrical energy for economic growth in Barbados
    • Lorde T, Waithe K, Francis B. The importance of electrical energy for economic growth in Barbados. Energy Economics, 2010, 32(6): 1411-1420.
    • (2010) Energy Economics , vol.32 , Issue.6 , pp. 1411-1420
    • Lorde, T.1    Waithe, K.2    Francis, B.3
  • 52
    • 77950531750 scopus 로고    scopus 로고
    • Electricity consumption and economic growth in Burkina Faso: a cointegration analysis
    • Ouédraogo I M. Electricity consumption and economic growth in Burkina Faso: a cointegration analysis. Energy Economics, 2010, 32 (3): 524-531.
    • (2010) Energy Economics , vol.32 , Issue.3 , pp. 524-531
    • Ouédraogo, I.M.1
  • 54
    • 0000013567 scopus 로고
    • Co-integration and error correction: representation, estimation and testing
    • Engle R E, Granger C W J. Co-integration and error correction: representation, estimation and testing. Econometrica, 1987, 55(2): 251-276.
    • (1987) Econometrica , vol.55 , Issue.2 , pp. 251-276
    • Engle, R.E.1    Granger, C.W.J.2
  • 55
    • 85036258669 scopus 로고
    • Distribution of the estimators for autoregressive time series with a unit root
    • Dickey D A, Fuller W A. Distribution of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 1979, 74(366): 427-431.
    • (1979) Journal of the American Statistical Association , vol.74 , Issue.366 , pp. 427-431
    • Dickey, D.A.1    Fuller, W.A.2
  • 56
    • 77956888124 scopus 로고
    • Testing for a unit root in time series regression
    • Phillips P C B, Perron P. Testing for a unit root in time series regression. Biometrika, 1988, 75(2): 335-346.
    • (1988) Biometrika , vol.75 , Issue.2 , pp. 335-346
    • Phillips, P.C.B.1    Perron, P.2
  • 57
    • 0030356207 scopus 로고    scopus 로고
    • Efficient tests for an autoregressive unit root
    • Elliott G, Rothenberg T J, Stock J H. Efficient tests for an autoregressive unit root. Econometrica, 1996, 64(4): 813-836.
    • (1996) Econometrica , vol.64 , Issue.4 , pp. 813-836
    • Elliott, G.1    Rothenberg, T.J.2    Stock, J.H.3
  • 58
    • 34247480179 scopus 로고
    • Testing the null hypothesis of stationarity against the alternative of a unit root: How sure are we that economic time series have a unit root?
    • Kwiatkowski D, Phillips P C B, Schmidt P, Shin Y. Testing the null hypothesis of stationarity against the alternative of a unit root: How sure are we that economic time series have a unit root? Journal of Econometrics, 1992, 54(1-3): 159-178.
    • (1992) Journal of Econometrics , vol.54 , Issue.1-3 , pp. 159-178
    • Kwiatkowski, D.1    Phillips, P.C.B.2    Schmidt, P.3    Shin, Y.4
  • 59
    • 28444488750 scopus 로고
    • Further evidence on the Great Crash, the oil price shock, and the unit-root hypothesis
    • Zivot E, Andrews D W K. Further evidence on the Great Crash, the oil price shock, and the unit-root hypothesis. Journal of Business & Economic Statistics, 1992, 10(3): 251-270.
    • (1992) Journal of Business & Economic Statistics , vol.10 , Issue.3 , pp. 251-270
    • Zivot, E.1    Andrews, D.W.K.2
  • 60
    • 0032062124 scopus 로고    scopus 로고
    • Testing for a unit root in variables with a double change in the mean
    • Clemente J, Montañés A, Reyes M. Testing for a unit root in variables with a double change in the mean. Economics Letters, 1998, 59(2): 175-182.
    • (1998) Economics Letters , vol.59 , Issue.2 , pp. 175-182
    • Clemente, J.1    Montañés, A.2    Reyes, M.3
  • 61
    • 84981579311 scopus 로고
    • Maximum likelihood estimation and inference on cointegration with applications to the demand for money
    • Johansen S, Juselius K. Maximum likelihood estimation and inference on cointegration with applications to the demand for money. Oxford Bulletin of Economics and Statistics, 1990, 52(2): 169-210.
    • (1990) Oxford Bulletin of Economics and Statistics , vol.52 , Issue.2 , pp. 169-210
    • Johansen, S.1    Juselius, K.2
  • 62
    • 65549083989 scopus 로고    scopus 로고
    • Energy consumption and GDP in Tunisia: cointegration and causality analysis
    • Belloumi M. Energy consumption and GDP in Tunisia: cointegration and causality analysis. Energy Policy, 2009, 37(7): 2745-2753.
    • (2009) Energy Policy , vol.37 , Issue.7 , pp. 2745-2753
    • Belloumi, M.1
  • 63
    • 68449093602 scopus 로고    scopus 로고
    • Electricity consumption forecasting in Italy using linear regression models
    • Bianco V. Manca O. Nardini S. Electricity consumption forecasting in Italy using linear regression models. Energy, 2009, 34(9): 1413-1421.
    • (2009) Energy , vol.34 , Issue.9 , pp. 1413-1421
    • Bianco, V.1    Manca, O.2    Nardini, S.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.