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The predictability of economic growth based on electricity consumption dataPublished: 1 of June, 2012

Using statistical-econometrical methods, we determine the extent to which the electricity consumption of Hungary can be used for the short-term forecast of GDP growth. Our analysis is based partly on quarterly and partly on annual data: since 1998 quarterly data is available from ENTSO-E, while for the 1990-2010 period annual Eurostat data on net final consumption is used for the analysis