Econometric modelling of energy-economy interactions in oil importing developing countries: An empirical test with Indian data

In: The Bangladesh development studies: the journal of the Bangladesh Institute of Development Studies, Band 10, Heft 4, S. 1-32

Abstract

A model of the interdependence between energy and macroeconomy is developed and estimated. The model is kept general enough to be applicable to a wide range of oil-dependent developing economies. As a test case, the model is estimated only with Indian data. Government's rural electrification campaign - an extremely important factor in the rapid growth in electricity consumption in the country. Private and public consumption of energy. (DÜI-Sen)