An empirical analysis of energy consumption and economic growth in India: are they causally related?

Simple item page
dc.contributor.authorRamakrishna, Gollagari
dc.contributor.authorRena, Ravinder
dc.date.accessioned2014-04-04T13:51:27Z
dc.date.available2014-04-04T13:51:27Z
dc.date.issued2013
dc.description.abstractIn this paper an attempt is made to present the energy scenario of India in terms of energy consumption, energy security and energy efficiency. Growth trends and the changes in growth trends of these variables have been estimated for the period 1981 to 2010. In addition, the study makes an attempt to study the causal relationship between energy consumption and GDP both at aggregate and disaggregate levels using cointegration and Vector Error Correction (VECM) methods. The empirical results reveal that India is energy insecure, in spite of an increase in energy efficiency. It seems energy consumption and GDP are bidirectionally related at the aggregate level. In view of these findings some policy suggestions have been provided.en_US
dc.identifier.citationRamakrishna, G. & Rena, R. (2013). An empirical analysis of energy consumption and economic growth in India: are they causally related? Studia Oeconomica, 58(2): 22-40en_US
dc.identifier.issn220-0506
dc.identifier.urihttp://hdl.handle.net/10566/1070
dc.language.isoenen_US
dc.privacy.showsubmitterfalse
dc.publisherFaculty of Economics and Business Administration, Babes-Bolyai University of Cluj Napocaen_US
dc.rightsCopyright Babes-Bolyai University of Cluj Napoca. This is the authors' final version and may be freely used provided that the source is acknowledged.
dc.status.ispeerreviewedtrue
dc.subjectEnergy securityen_US
dc.subjectEnergy efficiencyen_US
dc.subjectCausalityen_US
dc.subjectCo-integrationen_US
dc.subjectVECM modelen_US
dc.subjectHolistic approachen_US
dc.subjectSustainable economic growthen_US
dc.titleAn empirical analysis of energy consumption and economic growth in India: are they causally related?en_US
dc.typeArticleen_US

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
RamakrishnaEmpiricalAnalysis2013.pdf
Size:
263.67 KB
Format:
Adobe Portable Document Format
Description:
Author final version
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.55 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

Research Articles (Economics)