Demystifying energy growth connections Lessons for public policy in India

Abstract

This thesis explores the relationship between energy consumption and economic growth. Chapter newlineThree, four, five, six and seven examine the linkage between energy consumption and economic newlinegrowth outcomes by applying different methodologies across spatial dimensions. Chapter three newlineexamined the trends and patterns of energy consumption, production, and distribution of the energy newlinesector in India. The empirical evidence of this chapter indicates that energy security for India could newlinebe achieved through the constant availability of commercial energy to increase its growth level. newlineChapter four shows that renewable and non-renewable energy consumption are necessary for newlineeconomic growth in both developed and developing countries. Chapter five estimated the presence newlineof Environmental Kuznets Curve hypothesis in the context of India. Chapter six studied the impact newlineof Sectoral electricity consumption on economic growth in India. Chapter seven investigated the newlinerole of nuclear energy consumption on economic growth in India. The study suggest that nuclear newlineenergy consumption has a positive and significant impact on economic growth in India. The thesis newlineconcluded with chapter eight. newlineKey Words: Energy, Growth, ARDL, Co-integration, P-ARDL, Error Correction, India newlineGEL Classifications: Q43, and C32 newline