This study investigates the relationship between oil prices and returns on the Nigerian Stock Exchange. By using GARCH-jump models, we are able to model the volatility of stock returns and also take account of the effect of extreme news events on returns. The empirical results show a negative...

This study investigated the impact of energy consumption and CO2 emission on GDP (gross domestic product) growth and the financial development in thirty Sub Saharan African Countries. The panel model was used in this study from the period 1980 to 2008. The results showed that energy consumption...

This study investigates the dynamic linkages between oil prices and stock markets, also known as the oil price–stock price nexus. Within the framework of a VAR (vector autoregression) we examine dynamic interactions between daily Brent spot prices and several Lebanese stock prices. As...

This study aims at analyzing the relationship between oil production and economic growth in major oil exporting Eurasian countries; Azerbaijan, Kazakhstan, Russian Federation and Turkmenistan for 1993–2010 periods. Empirical results reveal that oil production and economic growth are...

The Fisher index and its extensions have been used in multiplicative decomposition analysis applied to energy and emissions. In this study, we extend the concept of “additive decomposition of the Fisher index” in the national accounts and propose an attribution analysis of the generalized...

This paper analyzes the evolution of real energy efficiency in the European Union and the attribution across countries of its percent change. Relying on a multiplicative energy intensity approach that is implemented through the Sato-Vartia Logarithmic Mean Divisia Index method, we decompose the...

Despite their growing technical sophistication and empirical breadth, Granger energy-GDP causality tests remain inconclusive, leaving unresolved the increasingly relevant debate over the role of energy or energy growth in economic growth. While historians and growth theorists point to the...

The frequent power outages which characterises Ghana's electricity sector have raised serious concerns among policy makers and stakeholders. The causes of this problem have been cited as growing demand and inadequate investment. The objective of this study, therefore, was to identify the factors...

The present study examines the consequences of the planned coal phase-out in Germany according to various phase-out pathways that differ in the ordering of power plant closures. Soft-linking an energy system model with an input-output model and a regional macroeconomic model simulates the...

This paper presents an evaluation of energy supply strategies for Egypt’s power sector and identifies prospects to meet rising electricity demand while addressing energy security and low-carbon development issues. We apply the TIMES energy system model to examine Egypt’s energy policy goals...