May 25, 2014· Abstract. This paper investigated the relationship between energy consumption, carbon dioxide (CO 2) emissions and GDP in Nigeria using autoregressive distributed lag approach to cointegration.The empirical results revealed that there is a long run relationship energy consumption, CO 2 emissions and GDP. Both in the long run and short run, CO 2 emissions has been found to …
Energy consumption and economic growth: causality relationship for Nigeria. Authors. ... cointegration and causality between energy consumption and gross domestic product (GDP) in Nigeria over the period 1971–2006 were analysed. ... An econometric study of carbon dioxide (CO2) emissions, energy consumption, and economic growth of Pakistan ...
In the case of Nigeria, only a few studies investigated the causality between electricity consumption and economic growth. Akinlo (2009) investigated the relationship between energy consumption proxies by electricity consumption and real GDP for the case of Nigeria between 1980 and 2006.
Oct 05, 2012· This study investigates the relationship that exists between energy consumption and economic growth using Nigerian annual time series from 1970-2005. The non-causality approach to causality testing and the bounds testing approach to cointegration, which is based on Autoregressive Distributed Lag ...
The correlation between the economic development and the production of crude steel has been less analyzed and tested, in exchange being followed mainly the link between the consumption of steel or other metals and the economic development. Thereby, a conclusion has been that there is a certain level of the income per capi-
The paper seeks to examine the relationship between electricity consumption and economic growth in Nigeria using the Johansen and Juselius Co-integration technique based on the Cobb-Douglas growth model covering the period 1980-2008.
Nov 28, 2019· The Federal Republic of Nigeria and the Republic of South Africa on Thursday resolved to use cultural exchanges to cement relationships among their people and end xenophobia. The agreement was ...
In this study, an attempt has been made to examine causality relationship between energy consumption and economic growth in Nigeria by employing Granger causality test for 1980-2010 period. The results obtained herein revealed that there exist a unidirectional causality running from energy consumption to economic growth without feedback.
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Gross Domestic Product influences personal consumption expenditures. As a result, the dependent variable will be personal c o n sum p t i ex d r ah v blw GDP. The study employed the method of regression analysis to verify the causal relationship between gross domestic product and consumption expenditure of Nigeria.
Empirical Analysis of the Causal Relationship between Electricity Consumption and Economic Growth in Nigeria Akinwale Y., Jesuleye O., and Siyanbola, W. Corresponding e-mail: [email protected] National Centre for Technology Management, Obafemi Awolowo University, Ile-Ife, Nigeria ABSTRACT
gaps, this study, therefore seeks to undertake a comparative analysis of the relationship between energy consumption and economic growth in Nigeria and South Africa. The study follows the work of Omotor (2007) which is modified to account for the inclusion and comparison with South Africa, as well as the consideration of primary energy components.
1. To establish a relationship between energy consumption and the Nigerian economy. 2. To discuss the main sources of energy in Nigeria and how they contribute to economic growth. 3. To make policy recommendations based on the analysis from the study. The co-integration econometric technique would be employed as the regression
The relationship between economic growth, energy consumption, and CO 2 emissions: ... This study posits that a better understanding of the relationship between economic growth, energy consumption, ... Given all of these findings, the relationship between economic growth and CO 2 emissions has emerged as a key research issue, ...
The Empirical Economics Letters, 14(12): (December 2015) ISSN 1681 8997 Economic Growth and Energy Consumption in Nigeria Muhammad Maimuna Yakubu* and Gylych Jelilov** Department of Economics, Nile University, Abuja, Nigeria Abstract: This paper examines the causality between energy consumption and economic growth by applying Pairewise Granger causality test and Johansen …
For the preparation of a recent article on the relationship between cement consumption and GDP, on a per capita basis, CEMENT CONSUMPTION vs GDP PER CAPITA we have collected a large enough set of data, which we are now providing to the interested public in graphical format.. The data covers more than 180 countries, and in some cases it goes back to 1900.
countries. The literature review on the relationship between electricity consumption and economic growth was presented in Table 1. These studies generally used various co-integration and causality tests to investigate the relationship between electricity consumption and economic growth and
THE EFFECT OF VALUE ADDED TAX ON ECONOMIC GROWTH IN KENYA Lawrence Kimuhu Njogu ... significant negative relationship between VAT rates and GDP; hence the researcher ... Madagascar, Mauritius, Senegal, Togo, Nigeria (Adereti, Adesina & Sanni, 2011). Lejeune (2011) points out that German businessman Wilhelm Von Siemens is credited with
At an effective size of 41.3mt, production capacity for the Nigerian cement industry widely outpaces consumption (see Figure 5 below). The gap between capacity and demand has been widening since 2011 as cement producers continued to amass capacity ahead of the growth curve.
An Analytical Study of the Impact of Unemployment on Economic Growth in Nigeria (1970-2016) DOI: 10.9790/0837-2211077481 76 | Page relationship between unemployment and economic growth and also between inflation and economic growth is in
(2011), Tamuno and Edoumiekumo, (2012), among others, have examine the relationship between economic liberalization and Nigerian industrial sector based on straight line regression using aggregated variables, none has accounted for the possible structural break that may have occurred as a result of the policy changes in 1986 and thereafter.
GDP The pattern of changes in Nigeria's gross domestic product (GDP) in figure 2 or Table A is used to proxy income. GDP is contrary to consumption expenditure,using the same period, because it experiences relative stability. It was slightly unstable in the period '70s till '80s.
the relationship between economic growth and co 2 emissions and the effects of energy consumption on co 2 emission patterns in nigerian economy anietie vincent essien department of economics, faculty of social sciences, university of lagos, akoka, yaba, lagos e-mail: [email protected],[email protected] april, 2011
test the variables most likely to impact on economic growth in Nigeria due to inflation. The findings also shows that there is strong relationship between inflation and economic growth in Nigeria, that exchange rate has positive impact on economic growth and that high interest rate discourages investment and hence forestalls economic growth.
3. Methodology 3.1 Neo-classical production model To investigate the relationship between energy consumption and economic growth, this research work makes use of the framework proposed in Ghali and El-Sakka 2004, and also used in Soytas and Sari, 2007, among others.
between energy consumption and economic growth. This paper focuses on the causality between GDP and total energy consumption on one part and each of the basic sub-components of energy consumption in Nigeria with a view to finding out if different sources of energy have varying impact on economic growth.
THE RELATIONSHIP BETWEEN ECONOMIC GROWTH AND, the relationship between economic growth and co 2 emissions and the effects of energy consumption on co 2 emission patterns in nigerian economy anietie vincent essien department of economics, faculty of social sciences, university of lagos, akoka, yaba, lagos e-mail: [email protected],[email protected] april, 2011