Electricity consumption and economic growth in Lesotho

被引：5
|
作者：
Sekantsi, Lira Peter [1 ]
Thamae, Retselisitsoe Isaiah [2 ]
机构：
[1] Cent Bank Lesotho, Res Dept, Maseru, Lesotho
[2] Natl Univ Lesotho, Dept Econ, PO Roma 180, Maseru, Lesotho
来源：
ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY | 2016年 / 11卷 / 10期
关键词：
ARDL; economic growth; electricity consumption; Granger causality; Lesotho; BOUNDS TESTING APPROACH; CAUSALITY; NEXUS; ENERGY; GDP;
D O I：
10.1080/15567249.2013.876125
中图分类号：
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号：
0807 ; 0820 ;
摘要：
The paper analyses the causal relationship between electricity consumption and economic growth in Lesotho for the period 1972-2011 by using autoregressive distributed lag bounds testing approach of cointegration. The results indicate that there is a stable long-term relationship between electricity consumption and economic growth, with the direction of causality running from economic growth to electricity consumption. These findings support the conservation hypothesis and imply that economic growth in Lesotho spurs electricity consumption, but not the other way round. Therefore, various energy conservation measures aimed at reducing electricity consumption and waste in Lesotho may not have a negative impact on economic growth.
引用
收藏
页码：969 / 973
页数：5
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