Energy is the lifeblood of the global economy, a key input to almost all the goods and services of the modern world. The primary objective of this study is to examine the relationships between per capita energy consumption and per capita GDP in India from 1970–1971 to 2014–2015. The data analysis was conducted using the three‐stage Johnson cointegration, vector autoregression and Granger causality test. The results of the study documented that there was the presence of unidirectional causality running from per capita GDP to per capita energy consumption and the absence of a long‐term equilibrium relationship between per capita energy consumption and per capita GDP in India. More significantly, India has already demonstrated an impressive ability to develop, deploy, replicate and scale up innovative, market‐based approaches to energy efficiency. The country has an excellent basis for further energy efficiency policy innovation and market creation, including a strong community of non‐governmental organisations, research institutes and think tanks active in energy efficiency.

中文翻译：

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印度的能源消耗与经济增长之间是否存在任何关系？var模型分析

能源是全球经济的命脉，是现代世界几乎所有商品和服务的关键投入。这项研究的主要目的是研究1970-1971年至2014-2015年印度人均能源消耗与人均GDP之间的关系。数据分析使用约翰逊三阶段协整，向量自回归和格兰杰因果关系检验进行。研究结果表明，印度存在着从人均GDP到人均能源消耗的单向因果关系，并且在人均能源消耗和人均GDP之间没有长期的均衡关系。更重要的是，印度已经展示出令人印象深刻的能力，以开发，部署，复制和扩大创新的，基于市场的能效方法。