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Analyzing the causal relations between electric power consumption and economic growth in India
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文摘
An examination of the relationship between economic growth and electric power consumption in India from 1974 to 2014 using the Johansen co-integration method suggests an absence of a long-run relationship among the study variables. Granger Causality indicates a one-way causal direction from economic growth to electric power consumption, suggesting to policymakers that electricity conservation strategies can be implemented without hindering economic growth.

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