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文章基本信息

  • 标题:Energy Consumption and Economic Growth Nexus: A Re-Examination of Causal Evidence in Nigeria
  • 本地全文:下载
  • 作者:Abiodun Adewale Adegboye ; Ifeoluwa Bolanle Babalola
  • 期刊名称:Journal of Applied Economics and Business Research
  • 电子版ISSN:1927-033X
  • 出版年度:2017
  • 卷号:7
  • 期号:1
  • 页码:19-37
  • 出版社:Journal of Applied Economics and Business Research
  • 摘要:The paper asks whether regime shift has influenced causal relation between energy consumption and economic growth in Nigeria. Accounting for structural break in an autoregressive distributed lag cum error correction model the results indicates that there is unidirectional relation from energy consumption to growth in Nigeria. Also, government type has positive but statistically insignificant influence in the relationship, and that the economy shows high speed of adjustment from disequilibrium. Besides the causal relation between sectoral outputs and energy consumption tend to be similar and do not reveal any significant different pattern of behaviour. Essentially, energy consumption and growth nexus in Nigeria does not suggest any time-variation.
  • 关键词:Growth; Energy; Nigeria; Regime; Causality
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