References
- Acaravci, A. (2010). The causal relationship between electricity consumption and GDP in Turkey: evidence from ARDL bounds testing approach. Economic Research-Ekonomska Istraživanja, 23(2), 34–43. https://doi.org/https://doi.org/10.1080/1331677X.2010.11517410
- Akinlo, A. E. (2009). Electricity consumption and economic growth in Nigeria: evidence from cointegration and co-feature analysis. Journal of Policy Modeling, 31(5), 681–693. https://doi.org/https://doi.org/10.1016/j.jpolmod.2009.03.004
- Al-Mulali, U., Fereidouni, H. G., & Lee, J. Y. M. (2014). Electricity consumption from renewable and non-renewable sources and economic growth: evidence from Latin American countries. Renewable and Sustainable Energy Reviews, 30(1), 290–298. https://doi.org/https://doi.org/10.1016/j.rser.2013.10.006
- Altinay, G., & Karagol, E. (2005). Electricity consumption and economic growth: evidence from Turkey. Energy Economics, 27(6), 849–856. https://doi.org/https://doi.org/10.1016/j.eneco.2005.07.002
- Baxter, J. L., & Moosa, I. A. (1996). The consumption function: a basic needs hypothesis. Journal of Economic Behavior & Organization, 31(1), 85–100. https://doi.org/https://doi.org/10.1016/S0167-2681(96)00866-9
- Bercht, A. L. (2013). Glurbanization of the chinese megacity guangzhou-image-building and city development through entrepreneurial governance. Geographica Helvetica, 68(2), 129–138. https://doi.org/https://doi.org/10.5194/gh-68-129-2013
- Bildirici, M. E., & Kayikçi, F. (2012). Economic growth and electricity consumption in former Soviet republics. Energy Economics, 34(3), 747–753. https://doi.org/https://doi.org/10.1016/j.eneco.2012.02.010
- Campbell, J., & Mankiw, G. (1990). Permanent income,current income,and consumption. Journal of Business & Economic Statistics, 8(3), 265–279.
- Card, D., Pei, Z., Lee, D., & Weber, A. (2015). Inference on causal effects in a generalized regression kink design. Econometrica, 83(6), 2453–2483. https://doi.org/https://doi.org/10.3982/ECTA11224
- Chen, S. T., Kuo, H. I., & Chen, C. C. (2007). The relationship between GDP and electricity consumption in 10 Asian countries. Energy Policy, 35(4), 2611–2621. https://doi.org/https://doi.org/10.1016/j.enpol.2006.10.001
- Chow, G. C., & Niu, L. (2015). Housing prices in urban China as determined by demand and supply. Pacific Economic Review, 20(1), 1–16. https://doi.org/https://doi.org/10.1111/1468-0106.12080
- Ciarreta, A., & Zarraga, A. (2010). Economic growth-electricity consumption causality in 12 European countries: a dynamic panel data approach. Energy Policy, 38(7), 3790–3796. https://doi.org/https://doi.org/10.1016/j.enpol.2010.02.058
- Collins, A. R., Hansen, E., & Hendryx, M. (2012). Wind versus coal: comparing the local economic impacts of energy resource development in Appalachia. Energy Policy, 50(2), 551–561. https://doi.org/https://doi.org/10.1016/j.enpol.2012.08.001
- Dickey, D., & Fuller, W. (1979). Distribution of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 74(6), 427–431.
- Friedman, M. (1957). A Theory of the Consumption Function. Princeton University Press.
- Gao, S., & He, Y. (2017). The effect of urbanization and economic performance on metropolitan water consumption: theoretic model and evidence from Guangzhou of China. Applied Economics and Finance, 4(2), 163–171. https://doi.org/https://doi.org/10.11114/aef.v4i2.2076
- Ghosh, S. (2002). Electricity consumption and economic growth in India. Energy Policy, 30(2), 125–129. https://doi.org/https://doi.org/10.1016/S0301-4215(01)00078-7
- Gorman, A. W. M. (1964). Professor Friedman’s consumption function and the theory of choice. Econometrica, 32(1/2), 189–197. https://doi.org/https://doi.org/10.2307/1913744
- Granger, C. W. J. (1969). Investigating causal relations by econometric models and cross-spectral methods. Econometrica, 37(3), 424–4438. [Database] https://doi.org/https://doi.org/10.2307/1912791
- Griliches, Z., Maddala, G. S., Lucas, R., & Wallace, N. (1962). Notes on estimated aggregate quarterly consumption functions. Econometrica, 30(3), 491–500. https://doi.org/https://doi.org/10.2307/1909892
- Hamdi, H., Sbia, R., & Shahbaz, M. (2014). The nexus between electricity consumption and economic growth in Bahrain. Economic Modelling, 38(2), 227–237. https://doi.org/https://doi.org/10.1016/j.econmod.2013.12.012
- He, Y., Fullerton, T. M., & Walke, A. G. (2017). Electricity consumption and metropolitan economic performance in Guangzhou: 1950–2013. Energy Economics, 63, 154–160. https://doi.org/https://doi.org/10.1016/j.eneco.2017.02.002
- He, Y., & Gao, S. (2017). Coasian theorem, public domain, and property rights protection. Asian Economic and Financial Review, 7(5), 470–485. https://doi.org/https://doi.org/10.18488/journal.aefr/2017.7.5/102.5.470.485
- He, Y., & Gao, S. (2017). Gas consumption and metropolitan economic performance: models and empirical studies from Guangzhou. China. International Journal of Energy Economics and Policy, 7(2), 121–126.
- Ho, C. Y., & Siu, K. W. (2007). A dynamic equilibrium of electricity consumption and GDP in Hong Kong: An empirical investigation. Energy Policy, 35(4), 2507–2513. https://doi.org/https://doi.org/10.1016/j.enpol.2006.09.018
- Huang, H., Du, Z., & He, Y. (2018). The effect of population expansion on energy consumption in canton of China: A simulation from computable general equilibrium approach. International Journal of E Ngineering Sciences & M Anagement Research, 5(1), 19–26.
- Ikegami, M., & Wang, Z. (2016). The long-run causal relationship between electricity consumption and real GDP: Evidence from Japan and Germany. Journal of Policy Modeling, 38(5), 767–784. https://doi.org/https://doi.org/10.1016/j.jpolmod.2016.10.007
- Jamil, F., & Ahmad, E. (2010). The relationship between electricity consumption, electricity prices and GDP in Pakistan. Energy Policy, 38(10), 6016–6025. https://doi.org/https://doi.org/10.1016/j.enpol.2010.05.057
- Johansen, S. (1995). A statistical analysis of cointegratio for I(2) variable. Econometric Theory, 11(1), 25–59. https://doi.org/https://doi.org/10.1017/S0266466600009026
- Jumbe, C. B. L. (2004). Cointegration and causality between electricity consumption and GDP: Empirical evidence from Malawi. Energy Economics, 26(1), 61–68. https://doi.org/https://doi.org/10.1016/S0140-9883(03)00058-6
- Kónya, L., & Abdullaev, B. (2018). An attempt to restore Wagner’s Law of increasing state activity. Empirical Economics, 55(4), 1569–1583. https://doi.org/https://doi.org/10.1007/s00181-017-1339-x
- Mackinnon, J. G. (1996). Numerical distribution functions for unit root. Journal of Applied Econometrics, 11(6), 601–618. https://doi.org/https://doi.org/10.1002/(SICI)1099-1255(199611)11:6<601::AID-JAE417>3.0.CO;2-T
- Modigliani, F. (1985). Life cycle, individual thrift, and the wealth of nations. The American Economic Review, 76(3), 297–313.
- Muth, J. F. (1961). Rational expectations and the theory of price movements. Econometrica, 29(3), 315–335. https://doi.org/https://doi.org/10.2307/1909635
- Narayan, P. K., Nielsen, I., & Smyth, R. (2008). Panel data, cointegration, causality and Wagner’s law: empirical evidence from Chinese Provinces. China Economic Review, 19(2), 297–307. https://doi.org/https://doi.org/10.1016/j.chieco.2006.11.004
- Narayan, P. K., & Prasad, A. (2008). Electricity consumption-real GDP causality nexus: evidence from a bootstrapped causality test for 30 OECD countries. Energy Policy, 36(2), 910–918. [Database] https://doi.org/https://doi.org/10.1016/j.enpol.2007.10.017
- Narayan, P. K., & Singh, B. (2007). The electricity consumption and GDP nexus for the Fiji Islands. Energy Economics, 29(6), 1141–1150.
- Odhiambo, N. M. (2009). Electricity consumption and economic growth in South Africa: A trivariate causality test. Energy Economics, 31(5), 635–640. https://doi.org/https://doi.org/10.1016/j.eneco.2009.01.005
- Ouédraogo, I. M. (2010). Electricity consumption and economic growth in Burkina Faso: A cointegration analysis. Energy Economics, 32(3), 524–531. https://doi.org/https://doi.org/10.1016/j.eneco.2009.08.011
- Ozturk, I., & Acaravci, A. (2011). Electricity consumption and real GDP causality nexus: evidence from ARDL bounds testing approach for 11 MENA countries. Applied Energy, 88(8), 2885–2892. https://doi.org/https://doi.org/10.1016/j.apenergy.2011.01.065
- Payne, J. E. (2010). A survey of the electricity consumption-growth literature. Applied Energy, 87(3), 723–731. https://doi.org/https://doi.org/10.1016/j.apenergy.2009.06.034
- Pesaran, M. H., Shin, Y., & Smith, R. J. (2001). Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16(3), 289–326. https://doi.org/https://doi.org/10.1002/jae.616
- Phillips, P. C. B., & Perron, P. (1988). Testing for a unit root in time series regression. Biometrika, 75(2), 335–346. https://doi.org/https://doi.org/10.1093/biomet/75.2.335
- Pollitt, M. G., Yang, C., & Chen, H. (2017). Reforming the Chinese Electricity Supply Sector: Lessons from International Experience (No. 1704). Cambridge Working Paper in Economics.
- Shahbaz, M., & Lean, H. H. (2012). The dynamics of electricity consumption and economic growth: a revisit study of their causality in Pakistan. Energy, 39(1), 146–153. https://doi.org/https://doi.org/10.1016/j.energy.2012.01.048
- Shahbaz, M., Tang, C. F., & Shahbaz Shabbir, M. (2011). Electricity consumption and economic growth nexus in Portugal using cointegration and causality approaches. Energy Policy, 39(6), 3529–3536. https://doi.org/https://doi.org/10.1016/j.enpol.2011.03.052
- Shiu, A., & Lam, P. L. (2004). Electricity consumption and economic growth in China. Energy Policy, 32(1), 47–54. [Database] https://doi.org/https://doi.org/10.1016/S0301-4215(02)00250-1
- Smyth, R. (2013). Are fluctuations in energy variables permanent or transitory? a survey of the literature on the integration properties of energy consumption and production. Applied Energy, 104(6), 371–378. https://doi.org/https://doi.org/10.1016/j.apenergy.2012.10.069
- Spiro, A. (1962). Wealth and the consumption function. Journal of Political Economy, 70(4), 339–354. https://doi.org/https://doi.org/10.1086/258662
- Stern, D. I., Burkes, P. J., Bruns, S. B., & Burke, P. J. (2018). The impact of electricity on economic development: a macroeconomic perspective. International Review of Environmental and Resource Economics, 12(1), 85–127.
- Tang, C. F. (2008). A re-examination of the relationship between electricity consumption and economic growth in Malaysia. Energy Policy, 36(8), 3067–3075. https://doi.org/https://doi.org/10.1016/j.enpol.2008.04.026
- Thompson, E. A. (1967). Intertemporal utility functions and the long-run consumption function. Econometrica, 35(2), 356–361. https://doi.org/https://doi.org/10.2307/1909117
- Xu, C. (2011). The fundamental institutions of China’s reforms and development. Journal of Economic Literature, 49(4), 1076–1151. https://doi.org/https://doi.org/10.1257/jel.49.4.1076
- Yang, C. L., Lin, H. P., & Chang, C. H. (2010). Linear and nonlinear causality between sectoral electricity consumption and economic growth: evidence from Taiwan. Energy Policy, 38(11), 6570–6573.
- Yang, J., Liu, H., & Leatham, D. J. (2013). The multi-market analysis of a housing price transmission model. Applied Economics, 45(27), 3810–3819. https://doi.org/https://doi.org/10.1080/00036846.2012.734595
- Yoo, S.-H. (2005). Electricity consumption and economic growth: evidence from Korea. Energy Policy, 33(12), 1627–1632. https://doi.org/https://doi.org/10.1016/j.enpol.2004.02.002
- Yoo, S. H. (2006). The causal relationship between electricity consumption and economic growth in the ASEAN countries. Energy Policy, 34(18), 3573–3582. https://doi.org/https://doi.org/10.1016/j.enpol.2005.07.011
- Yuan, J., Zhao, C., Yu, S., & Hu, Z. (2007). Electricity consumption and economic growth in China: cointegration and co-feature analysis. Energy Economics, 29(6), 1179–1191. https://doi.org/https://doi.org/10.1016/j.eneco.2006.09.005
- Zellner, A. (1957). The short-run consumption function. Econometrica, 25(4), 552–1275. https://doi.org/https://doi.org/10.2307/1905383
- Zellner, B. Y. A., & Geisel, M. S. (1970). Analysis of distributed lag models with applications to consumption function estimation. Econometrica, 38(6), 865–888. https://doi.org/https://doi.org/10.2307/1909697
- Zivot, E., & Andrews, D. W. K. (1992). Further evidence oil-price shock, hypothesis on and the the great crash, unit-root the eric. Journal of Business & Economic Statistics, 10(3), 251–270.