The main objective of this study is to empirically test whether there exist short run and long run causality between, residential electricity consumption (REC), industrial electricity consumption (IEC) and economic growth in Kingdom of Saudi Arabia (KSA). Time series data for this study spans from 1990 to 2019. The study adopts granger causality and co. Integration analysis to estimate a vector error correction model (VECM). Results from error correction model show that there exist long run co. integration relationship between targeted variables. |
