This collection contains Honours material from University of Adelaide students within the School of Economics. The material has been approved as making a significant contribution to knowledge.
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Browsing School of Economics by Author "Xenophon, Aleksis"
The following thesis investigates the relationship between electricity consumption and
economic growth in China over the period 1985-2012. Long and short run Granger
causal relationships between these variables are ascertained by applying a vector error
correction model to national, electricity-market, and provincial-level data. A comparison is then made between the relationships obtained from these different datasets. The
results suggest that a large amount of information is lost as a result of aggregation, with
data at the national and electricity-market levels being unable to accurately reflect prevailing relationships observed at the provincial level. This observation is particularly
relevant given the predominance of national level studies found in the literature.