Emipirical Evidence of Causality between Electricity and Economy

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Abstract:

This study seeks to empirically establish Granger-causality between electricity and manufacturing outputs in Kenya using ordinary least squares (OLS) time series method. Some of the leading economic indicators of Kenya that rely on electricity are used. The results are three-fold; some of the indicators enjoy bidirectional, others unidirectional while others register no causality at all with electricity output.

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Advanced Materials Research (Volumes 347-353)

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32-35

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October 2011

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© 2012 Trans Tech Publications Ltd. All Rights Reserved

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