Modeling Energy Efficiency and Economic Growth: Evidences from India

Avik Sinha

EN

Modeling Energy Efficiency and Economic Growth: Evidences from India

Abstract

India’s fossil fuel based energy-led economic growth has changed its pattern over a time and it is mainly driven by energy efficiency. In this paper, we have considered reduction in energy waste as a proxy of energy efficiency and analyzed its interplay with economic growth for 1971-2010. We have used Vector Error Correction model, and it has been seen that unidirectional causality exists from economic growth to energy waste, and this causal association is both short run and long run in nature. Moreover, energy waste is following a negatively elastic relationship with the economic growth along the energy efficiency frontier

Keywords

Economic Growth, Energy Waste, India, Vector error correction

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Avik Sinha This is me

Publication Date

March 1, 2015

Submission Date

March 1, 2015

Acceptance Date

-

Published in Issue

Year 2015 Volume: 5 Number: 1

IZ

https://izlik.org/JA22UF88LD

Cite

RIS / Bibtex

APA

Sinha, A. (2015). Modeling Energy Efficiency and Economic Growth: Evidences from India. International Journal of Energy Economics and Policy, 5(1), 96-104. https://izlik.org/JA22UF88LD

AMA

1.Sinha A. Modeling Energy Efficiency and Economic Growth: Evidences from India. IJEEP. 2015;5(1):96-104. https://izlik.org/JA22UF88LD

Chicago

Sinha, Avik. 2015. “Modeling Energy Efficiency and Economic Growth: Evidences from India”. International Journal of Energy Economics and Policy 5 (1): 96-104. https://izlik.org/JA22UF88LD.

EndNote

Sinha A (March 1, 2015) Modeling Energy Efficiency and Economic Growth: Evidences from India. International Journal of Energy Economics and Policy 5 1 96–104.

IEEE

[1]A. Sinha, “Modeling Energy Efficiency and Economic Growth: Evidences from India”, IJEEP, vol. 5, no. 1, pp. 96–104, Mar. 2015, [Online]. Available: https://izlik.org/JA22UF88LD

ISNAD

Sinha, Avik. “Modeling Energy Efficiency and Economic Growth: Evidences from India”. International Journal of Energy Economics and Policy 5/1 (March 1, 2015): 96-104. https://izlik.org/JA22UF88LD.

JAMA

1.Sinha A. Modeling Energy Efficiency and Economic Growth: Evidences from India. IJEEP. 2015;5:96–104.

MLA

Sinha, Avik. “Modeling Energy Efficiency and Economic Growth: Evidences from India”. International Journal of Energy Economics and Policy, vol. 5, no. 1, Mar. 2015, pp. 96-104, https://izlik.org/JA22UF88LD.

Vancouver

1.Avik Sinha. Modeling Energy Efficiency and Economic Growth: Evidences from India. IJEEP [Internet]. 2015 Mar. 1;5(1):96-104. Available from: https://izlik.org/JA22UF88LD