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This study investigates the impact of energy consumption on poverty reduction in a panel of 12 African countries over a period of 1981-2014. Using the Fully Modified Ordinary Least Square (FMOLS) method, the study shows that a long-run negative relationship exists between energy consumption and...
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Industrial houses and governments of different countries and groups spend a sizeable amount of their earnings upon research and development activities to create new products and obtain patents for them. The short-run motive is to get patents, and the long-run motive is to influence income growth...
Persistent link: https://www.econbiz.de/10012294665
This study has examined the causality between disaggregated energy consumption (electricity and fossil consumption) and overall growth, agricultural and manufacturing growth in Ghana’s economy over the period 1971-2007. By employing the Augmented Dickey Fuller test all variables were found to...
Persistent link: https://www.econbiz.de/10014148537
This paper examines the causal relationship between energy consumption and real GDP of the fourteen MENA Countries over the period 1987-2019 by using bivariate Vector Auto-regression model and Granger causality approach. This study shows the existence of unidirectional, bidirectional or no...
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