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The Impact of Electricity on Economic Development: A Macroeconomic Perspective

Stern, David; Burke, Paul; Bruns, Stephan B


We find that electricity use and access are strongly correlated with economic development, as theory would suggest. Despite large empirical literatures and suggestive case evidence, there are, however, few methodologically strong studies that establish causal effects on an economy-wide basis. There is some evidence that reliability of electricity supply is important for economic growth. We propose that future research focuses on identifying the causal effects of electricity reliability,...[Show more]

CollectionsANU Research Publications
Date published: 2019-05-31
Type: Journal article
Source: International Review of Environmental and Resource Economics
DOI: 10.1561/101.00000101


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