Electricity Consumption and Economic Growth in China: Assessing Granger Causality at Provincial, Electricity-Market and National Levels
Date
2015
Authors
Xenophon, Aleksis
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Thesis
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Abstract
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.
School/Discipline
School of Economics
Dissertation Note
Thesis (B.Ec.(Hons)) -- University of Adelaide, School of Economics, 2017
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