Arbeitspapier
Electricity consumption, urbanization and economic growth in Nigeria: New insights from combined cointegration amidst structural breaks
The study explores the link between electricity consumption, urbanization and economic growth in Nigeria from 1971-2014. The bounds test and the Bayer and Hanck (2013) cointegration tests affirm cointegrating relationship. Electricity consumption increases economic growth in both time periods, while the impact of urbanization appears to inhibit growth. The fully modified OLS (FMOLS), dynamic OLS (DOLS) and the canonical cointegrating regression (CCR) confirm the robustness of the findings. The vector error correction model (VECM) Granger causality test supports the neutrality hypothesis in the short run and the feedback hypothesis among the variables in the long run. Therefore, policies to ensure efficient electricity supply, curb rapid urbanization and promote sustainable economic growth were suggested.
- Sprache
-
Englisch
- Erschienen in
-
Series: AGDI Working Paper ; No. WP/20/013
- Klassifikation
-
Wirtschaft
- Thema
-
Electricity Consumption
Urbanization
Economic Growth
ARDL
Nigeria
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Nathaniel, Solomon P.
Bekun, Festus Victor
- Ereignis
-
Veröffentlichung
- (wer)
-
African Governance and Development Institute (AGDI)
- (wo)
-
Yaoundé
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Nathaniel, Solomon P.
- Bekun, Festus Victor
- African Governance and Development Institute (AGDI)
Entstanden
- 2020
Ähnliche Objekte (12)
Structural breaks, cointegration and the Fisher effect
Panel Cointegration Tests with Deterministic Trends and Structural Breaks
Structural breaks, cointegration and demand for money in Nigeria
Trivariate modelling of the nexus between electricity consumption, urbanization and economic growth in Nigeria: Fresh insights from Maki cointegration and causality tests
Cointegration in panel data with breaks and cross-section dependence
Revisiting fiscal sustainability: panel cointegration and structural breaks in OECD countries
Testing for cointegration with threshold adjustment in the presence of structural breaks
A panel cointegration rank test with structural breaks and cross-sectional dependence
Testing for cointegration with threshold adjustment in the presence of structural breaks
Amidst Latvians during the Holocaust
Break Date Estimation for VAR Processes with Level Shift with an Application to Cointegration Testing
The criticality of growth, urbanization, electricity and fossil fuel consumption to environment sustainability in Africa
Structural breaks, cointegration and the Fisher effect
Panel Cointegration Tests with Deterministic Trends and Structural Breaks
Structural breaks, cointegration and demand for money in Nigeria
Trivariate modelling of the nexus between electricity consumption, urbanization and economic growth in Nigeria: Fresh insights from Maki cointegration and causality tests
Cointegration in panel data with breaks and cross-section dependence
Revisiting fiscal sustainability: panel cointegration and structural breaks in OECD countries
Testing for cointegration with threshold adjustment in the presence of structural breaks
A panel cointegration rank test with structural breaks and cross-sectional dependence
Testing for cointegration with threshold adjustment in the presence of structural breaks
Amidst Latvians during the Holocaust
Break Date Estimation for VAR Processes with Level Shift with an Application to Cointegration Testing
The criticality of growth, urbanization, electricity and fossil fuel consumption to environment sustainability in Africa
Structural breaks, cointegration and the Fisher effect
Panel Cointegration Tests with Deterministic Trends and Structural Breaks
Structural breaks, cointegration and demand for money in Nigeria
Trivariate modelling of the nexus between electricity consumption, urbanization and economic growth in Nigeria: Fresh insights from Maki cointegration and causality tests
Cointegration in panel data with breaks and cross-section dependence
Revisiting fiscal sustainability: panel cointegration and structural breaks in OECD countries
Testing for cointegration with threshold adjustment in the presence of structural breaks
A panel cointegration rank test with structural breaks and cross-sectional dependence
Testing for cointegration with threshold adjustment in the presence of structural breaks
Amidst Latvians during the Holocaust
Break Date Estimation for VAR Processes with Level Shift with an Application to Cointegration Testing