Electricity in Economic Growth

Surveys the relationship between economic activity and electricity use, showing how trends in the growth of electricity demand may be affected by changes in the economy, and examines the connection between the use of electrotechnologies and productivity. This book contains a mix of historical perspective and a synthesis of econometric findings.

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This volume surveys the complex relationships between economic activity and electricity use, showing how trends in the growth of electricity demand may be affected by changes in the economy, and examining the connection between the use of electrotechnologies and productivity. With a mix of historical perspective, technical analysis, and synthesis of econometric findings, the book brings together a summary of the work of leading national experts.

Table of Contents


Front Matter
1. Introduction, Conclusion and Recommendations
2. Historical Perspective
3. Electricity and Productivity Growth
4. Examples of Electrification and Productivity Gains
5. Future Economic Influences on Electricity Use
Appendix A: Statement of Work
Appendix B: Measure of Economic Growth and of Electricity Demand
Appendix C: Econometric Model of Production and Technical Change
Appendix D: Excerpts from an Analysis of the Expected Impact of Various Electrotechnologies on Electricity Demand
Glossary