the first equation depicts a non contemporaneous relationship between real GDP and
sub-components of the electricity consumption. The second equation represents a contemporaneous response of
industrial electricity consumption to real GDP innovations. The others equations, respectively, represent a
contemporaneous response of government offices, residential and commercial, street illuminations electricity
consumption to real GDP innovations. Any of the sub-elements of the electricity consumption does not give any
response to a shock to any one sub-component of the electricy consumption.