Revisiting the electricity consumption-led growth hypothesis: is the rule defied in France?

Abstract Recent economics literature emphasises the inextricable link between economic prosperity and efficient energy supply consumption, arguing vehemently that much of today’s is predicated on secure reliable use modern industry would grind to a halt without necessary infrastructure. France an example advanced country with enormous The country’s growth has been rather sluggish in recent years, despite its robust production consumption. current study analyses empirically whether France’s sustainable electricity defies theoretical empirical literature. To achieve this objective, standard tools empirics were used over period 1961–2015. Zivot–Andrews trended de-trended structural break tests, as well Autoregressive Distributed lag (ARDL) bounds testing employed analyse data. findings demonstrated France's stimulated by usage, financial development, capital, import, export. sheds light feedback impact power usage capital growth. With these findings, we argue it not ceased serve functional purpose France, there need for entrepreneurial innovative capacity create factors require infinite horizon continued electricity, which seems be impeding country's potential, among other things.