Relationship between Aggregate and Disaggregate Energy with Socio-Economic Development of Bangladesh: An Examination

Umme Marzana and Sakib B. Amin

This paper attempts to tap into some unexplored areas of Bangladesh’s development by analyzing the relationship between aggregate and disaggregate sources of energy usage and socio-economic development. We have conducted a series of tests in this paper to analyze the variables from 1985 to 2014. Our results reveal that both aggregate energy and disaggregate energy Granger cause GDP growth. It is also found that electric power consumption per capita and energy use per capita both Granger cause life expectancy, whereas only electric power consumption per capita Granger causes household final consumption expenditure growth and energy use per capita Granger causes infant mortality rate.