Industrial electricity consumption, human capital investment and economic growth in Chinese cities
作者： Yang Chen , Zheng Fang
DOI: 10.1016/J.ECONMOD.2017.09.021
关键词:
摘要: We examine the cointegrating and Granger causal relationships between economic growth, industrial electricity consumption and human capital in China using a panel consisting of 210 prefecture cities across a period of 2003–2012. Applying continuously-updated fully modified panel estimation, we find that industrial electricity consumption has a significantly larger impact on economic prosperity than physical and human capital investment. Industrial electricity consumption plays a dominant role to boost growth in the center and the west …
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