GET THE APP

..

Journal of Global Economics

ISSN: 2375-4389

Open Access

Oshota SO


Km 20, Sagamu-Benin Express Way, Okun-Owa PMB 2088, Ijebu Ode, Ogun State
Nigeria

Publications
  • Research Article
    A Bounds Test Analysis of Electricity Consumption and Economic Growth Nexus in Nigeria

    Author(s): Oshota SOOshota SO

    This paper investigated the relationship between electricity consumption and economic growth in Nigeriaduring the period 1970 to 2011, using the Autoregressive Distributed Lag (ARDL) bounds testing procedure to identify the long run equilibrium relationship and VECM Granger causality tests to identify the direction of the causal relationship between these two variables. Our result revealed the existence of long run equilibrium between the variables when Real GDP is treated as the dependent variable and electricity consumption is treated as its long run forcing variable. The VECM Granger causality test results show no evidence of short run causality. However, the results suggest the existence of a long run bidirectional causal relationship between electricity consumption and Real GDP.This implies that over time higher electricity consumption give rise to more economic growth just as ec.. Read More»
    DOI: 10.4172/2375-4389.1000132

    Abstract

Relevant Topics

Google Scholar citation report
Citations: 1931

Journal of Global Economics received 1931 citations as per Google Scholar report

Journal of Global Economics peer review process verified at publons

Indexed In

 
arrow_upward arrow_upward