The Journal of Economic Studies and Policies

The Journal of Economic Studies and Policies

Structural Break: The Electricity Consumption and Economic Growth in Iran

Document Type : Original Article

Authors
1 Assistant Professor of Tabriz University
2 Master of Economics
Abstract
The electricity power plays an important role in economic activities, industrialization. The improvement in electricity consumption per capita indicates that economic growth, development and social welfare utilized stable growth in economy.
According to new econometrics topics, existence of structural breaks and regime shifts can affect the results of macroeconomics variables relationships and neglect of such factor may lead to an unreliable and misleading findings. Therefore, considering structural breaks and regime shifts in examination of the empirical relationship between electricity consumption and economic growth is a necessity.
In this paper an attempt has been made to study the relationship between electricity consumption and economic growth with an emphasis on structural breaks over the period of 1967 to 2005. To achieve this, Zivot & Andrews unit root test is performed to determine the structural shifts endogenously. Also, Gregory-Hansen co-integration test is carried out to study the long-run relationship between electricity consumption and economic growth with an emphasis on structural breaks. The findings suggest that given the structural break, there is a positive long-run relationship between electricity consumption and economic growth
Keywords

منابع

الف- فارسی

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پیوست:

جدول(6): نتایج آزمون همجمعی جوهانسن - جوسیلیوس

   
Model
r=1
r=0
r=1
r=0
 
71/1
07/8
50/6
84/16
86/17
75/15
71/1
07/8
50/6
13/15
88/14
98/12
(LRGDP , LELECT)
مقادیر بحرانی 5%
مقادیر بحرانی 10%

جدول (7): نتایج پیش آزمون گریگوری - هانسن برای متغیرهای LRGDP و LELECT

ADF(C/S)
ADF(C/T)
ADF( C )
سال
025/2-
111/3-
418/2-
1354
073/2-
986/2-
182/2-
1355
085/2-
442/3-
817/2-
1356
088/2-
262/3-
273/2-
1357
646/2-
953/2-
581/2-
1358
269/2-
379/2-
283/2-
1359
633/3-
248/2-
017/4-
1360
849/3-
757/2-
091/3-
1361
994/3-
765/2-
793/2-
1362
695/4-
401/1-
224/1-
1363
222/6-
472/2-
480/1-
1364
424/5-
880/2-
097/2-
1365
379/4-
784/2-
045/2-
1366
380/4-
955/2-
219/2-
1367
381/4-
184/3-
470/2-
1368
055/5-
581/3-
067/2-
1369
531/5-
480/2-
885/3-
1370
156/4-
097/3-
876/3-
1371
742/3-
161/3-
653/3-
1372
178/3-
170/2-
208/3-
1373
929/2-
902/1-
822/2-
1374
878/2-
414/2-
606/2-
1375
731/2-
514/2-
376/2-
1376
---
006/3-
631/2-
1377

مقادیر بحرانی مربوط به آزمون همجمعی گریگوری - هانسن

 
 
 
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