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Social and Behavioral Sciences Commons

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University of Texas at El Paso

Series

2018

Granger causality

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Full-Text Articles in Social and Behavioral Sciences

Electricity Consumption And Economic Growth In El Paso: 1976-2015, Thomas M. Fullerton Jr., Adam G. Walke Oct 2018

Electricity Consumption And Economic Growth In El Paso: 1976-2015, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

Links between electricity consumption and economic growth are fairly well documented for national economies, but less so for urban economies. The analysis of such relationships at the sub-national level of aggregation can potentially offer a useful complement to national-level research. This study examines the electricity-growth nexus in El Paso, Texas, while also considering the roles of capital stocks and employment. Testing suggests the presence of cointegrating relationships and a vector error correction model is estimated. Granger causality tests reveal the absence of causality between electricity consumption and personal income, implying that energy conservation efforts will have a neutral effect on …