000			01719nab a2200205 4500
005			20260520000806.0
008			260224s2009 xxu
245	0	0	_aMultivariate granger causality between electricity consumption, exports and GDP _bEvidence from a panel of middle Eastern countries
260			_a _b _cene. 2009
270			_a02/03/2009 ; 02/03/2009
300			_a7 p. ; 229-236
520			_aTranscripción del resúmen publicado por el autor: This paper examines the causal relationship between electricity consumption, exports and gross domestic product (GDP) for a panel of Middle Eastern countries. We find that for the panel as a whole there are statistically significant feedback effects between these variables. A 1 per cent increase in electricity consumption increases GDP by 0.04 per cent, a 1 per cent increase in exports increases GDP by 0.17 per cent and a 1 per cent increase in GDP generates a 0.95 per cent increase in electricity consumption. The policy implications are that for the panel as a whole these countries should invest in electricity infrastructure and step up electricity conservation policies to avoid a reduction in electricity consumption adversely affecting economic growth. Further policy implications are that for the panel as a whole promoting exports, particularly non-oil exports, is a means to promote economic growth and that expansion of exports can be realized without having adverse effects on energy conservation policies.
581			_a1
773	0		_tEnergy Policy _g37
942			_cARTICULO
100	1		_aNarayan, Paresh Kumar _940460
100	1		_aSmyth, Russell _940461
650		0	_aElectricidad _95978
999			_c169172 _d169172