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Understanding the role of efficiency in the electricity generation process for promoting human development in India: Findings from the novel multiple threshold nonlinear ARDL modelling

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  • Das, Narasingha
  • Gangopadhyay, Partha
  • Alghamdi, Thamer
  • Sarwar, Suleman
  • Haseeb, Mohammad
  • Barut, Abdulkadir
  • Dey, Labani

Abstract

The present paper seeks to examine the effects of electricity generation efficiency on the index of human capital in India over 1980–2021 through the novel multi threshold non-linear autoregressive distributed lag model. We find strong evidence that the effects of efficiency in the generation of electricity on human development have varied across thresholds/quantiles. We suggest that, for improving human development in India by suitable energy policies, both policy makers and the public sector managers will need to make directed efforts to use most robust and energy saving technologies in the electricity generation process.

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  • Das, Narasingha & Gangopadhyay, Partha & Alghamdi, Thamer & Sarwar, Suleman & Haseeb, Mohammad & Barut, Abdulkadir & Dey, Labani, 2023. "Understanding the role of efficiency in the electricity generation process for promoting human development in India: Findings from the novel multiple threshold nonlinear ARDL modelling," Utilities Policy, Elsevier, vol. 82(C).
    • Handle: RePEc:eee:juipol:v:82:y:2023:i:c:s0957178723000668
    DOI: 10.1016/j.jup.2023.101554
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    More about this item

    Keywords

    Efficiency in the electricity generation process; Human development; Nonlinear ARDL Model; Multiple threshold nonlinear ARDL Models;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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