Economic growth and electricity consumption in 12 European countries: A causality analysis using panel data

Abstract

We apply recent panel methodology to investigate the relationship between electricity consumption and real GDP for a set of 12 European Union countries using annual data for the period 1970–2004. Tests for panel unit roots, cointegration in heterogeneous panels and panel causality are employed. The results show a long-run relationship between the… (More)

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@article{Ciarreta2009EconomicGA, title={Economic growth and electricity consumption in 12 European countries: A causality analysis using panel data}, author={Aitor Ciarreta and Ana Mar{\'i}a Z{\'a}rraga}, journal={2009 6th International Conference on the European Energy Market}, year={2009}, pages={1-8} }