The relationship between an electricity supply ceiling and economic growth: An application of disequilibrium modeling to Taiwan
The relationship between an electricity supply ceiling and economic growth: An application of disequilibrium modeling to Taiwan
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DOI：
10.1016/j.asieco.2014.11.004
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发表时间：
2015-02-01
影响因子：
3.2
通讯作者：
Yamawaki, Hiroshige
中科院分区：
文献类型：
--
作者：
Fukushige, Mototsugu;Yamawaki, Hiroshige
我们利用不平衡模型，研究台湾发电能力的供应约束与电力需求之间的关系。我们发现，1959年至1972年间，台湾电力消费面临供应限制，但1973年后发电量迅速增长，经济增长成为电力消费的主要决定因素。我们拟合这种不平衡模型的经验表明，简单的因果关系检验并不是理解电力消耗与经济增长之间关系的正确方法。我们的结果还表明，至少对于发展中国家来说，在调查能源消耗与经济增长之间的关系时，电力供应限制有时会发挥重要作用。 (C) 2014 Elsevier Inc. 保留所有权利。
Using a disequilibrium model, we investigate the relationship between the supply constraint of electricity generation capacity and electricity demand in Taiwan. We find that electricity consumption faced supply constraints in Taiwan between 1959 and 1972, but that generation capacity grew rapidly after 1973, such that economic growth came to be the major determinant of electricity consumption. Our experience in fitting this disequilibrium model suggests that simple causality tests are not a proper means to understand the relationship between electricity consumption and economic growth. Our results also suggest, at least for developing countries, that an electricity supply constraint sometimes plays an important role when investigating the relationship between energy consumption and economic growth. (C) 2014 Elsevier Inc. All rights reserved.