Short- and Long-Run Analysis of Factors Affecting Electricity Consumption in Sub-Saharan Africa

Nyakundi Michieka

Makale detayları

Short- and Long-Run Analysis of Factors Affecting Electricity Consumption in Sub-Saharan Africa

Yazarlar:

Nyakundi Michieka

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Energy Economics and Policy 2015 Vol.5 Issue 3, pp.639-646

Belge Tipi:

Makale

Yayın Tarihi:

8/2015

Belge Dili:

Türkçe

Document ID (Org No.):

2000816443

Sıklık:

İki Aylık

eISSN:

2146-4553

Özet:

 

This paper explores the causal relationship between electricity consumption, gross domestic product (GDP), trade openness, financial development, and industry using a vector error correction model for five sub-Saharan countries. Results indicate that in the long run, all series exert an influence on electricity consumption in Cote d’ivioire and Zambia. Short run estimates reveal causality running from financial development and GDP to electricity consumption in Cote d’ivioire and South Africa. A modified version of Granger causality developed by Toda and Yamamoto (1995) found no causality in electric power consumption for Kenya. Since these countries differ economically, politically, and geographically, no universal policy implication can be surmised.

Makale detayları

Short- and Long-Run Analysis of Factors Affecting Electricity Consumption in Sub-Saharan Africa

Yazarlar: Nyakundi Michieka

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Energy Economics and Policy 2015 Vol.5 Issue 3, pp.639-646

Belge Tipi: Makale

Yayın Tarihi: 8/2015

Belge Dili: Türkçe

Document ID (Org No.): 2000816443

Sıklık: İki Aylık

eISSN: 2146-4553

Sayı

Yazarlar:

Nyakundi Michieka

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Energy Economics and Policy 2015 Vol.5 Issue 3, pp.639-646

Belge Tipi:

Makale

Yayın Tarihi:

8/2015

Belge Dili:

Türkçe

Document ID (Org No.):

2000816443

Sıklık:

İki Aylık

eISSN:

2146-4553