Electricity Consumption and Economic Growth : Evidence from Poland

• Autorzy: Rafał Kasperowicz
• Języki publikacji: EN

Abstrakty

EN

The paper investigates the relationship between electricity consumption and economic growth in Poland for the period 2000 to 2012. Understanding the behavior of electricity consumption in relation to the economy is very important for improve a stable economic growth and development. The obtained results indicate that there is the causal relationship between electricity consumption and economic growth in Poland and the relationship is bi-directional. We also discovered the bi-directional causality between capital and economic growth. On the basis of the causality results we estimated a one-sector aggregate production function, where the electricity consumption was one of the input variables. The evaluated growth model showed that electricity consumption is a pro-growth variable, so the results indicate that economic growth of Poland is electricity-dependent. That's allows to state that electricity is a limiting factor to economic growth of Poland. (original abstract)

Słowa kluczowe

EN

Economic growth; Energy use; Electric power; Factors of economic growth; Restrictions on growth

PL

Wzrost gospodarczy; Zużycie energii; Energia elektryczna; Czynniki wzrostu gospodarczego; Ograniczenia wzrostu gospodarczego

• Czasopismo: Journal of International Studies
• Rocznik: 2014
• Tom: 7
• Numer: nr 1
• Strony: 46--57

Twórcy

autor

Rafał Kasperowicz

• Poznań University of Economics, Poland

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Identyfikatory

DOI

10.14254/2071-8330.2014/7-1/4