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Trivariate modelling of the nexus between electricity consumption, urbanization and economic growth in Nigeria: Fresh insights from Maki cointegration and causality tests
Nathaniel, Solomon P.; Uzuner, Gizem; Bekun, Festus Victor - 2020
In this era of intensive electricity utilization for economic development, the role of urbanization remains … electricity consumption-driven economic growth. This is desirable as Nigeria is heavily dependent on energy (electricity …) consumption. A unidirectional causality from urbanization to electricity consumption and economic growth was found but the long …
Persistent link: https://www.econbiz.de/10012389165
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Inequality in electricity consumption and economic growth : evidence from a small area estimation study
Cuong Viet Nguyen; Nguyen, Duc Khuong; Tran Quang Tuyen - 2021
districts and provinces in Vietnam. Households in the mountains and highlands consumed remarkably less electricity than those in … the delta and coastal areas. Notably, we find a U-shaped relationship between the inequality of electricity consumption … and economic levels in Vietnam. In poor districts and provinces, there is very high inequality in electricity consumption …
Persistent link: https://www.econbiz.de/10012627822
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Electricity consumption, urbanization and economic growth in Nigeria : new insights from combined cointegration amidst structural breaks
Nathaniel, Solomon P.; Bekun, Festus Victor - 2020
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 …
Persistent link: https://www.econbiz.de/10012171580
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Energy consumption and economic growth : new insights into the cointegration relationship
Belke, Ansgar; Dreger, Christian; Haan, Frauke de - 2010
-run relationship. Indeed, cointegration between the common components of the underlying variables indicates that international … energy consumption and economic growth. -- Energy consumption ; panel unit roots ; panel cointegration ; vector error …
Persistent link: https://www.econbiz.de/10003974670
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Energy consumption and economic growth : new insights into the cointegration relationship
Belke, Ansgar; Dreger, Christian; Haan, Frauke de - 2010
-run relationship. Indeed, cointegration between the common components of the underlying variables indicates that international … energy consumption and economic growth. -- Energy consumption ; panel unit roots ; panel cointegration ; vector … Langfristbeziehung differenziert werden. In der Tat deutet Kointegration zwischen den gemeinsamen Faktoren der zugrundeliegenden …
Persistent link: https://www.econbiz.de/10003975447
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Causality relationship between energy consumption and economic growth in the European Union countries
Gholizadeh, Younes - 2020
This study presents the causality relationship between energy consumption and economic growth as a scope of Cobb Douglas production function by using Dynamic Panel Data Analysis for 28 European countries in the 1990-2014 period. The Dynamic Panel Data Analysis method proposed in this study...
Persistent link: https://www.econbiz.de/10012437738
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The criticality of growth, urbanization, electricity and fossil fuel consumption to environment sustainability in Africa
Asongu, Simplice; Agboola, Mary Oluwatoyin; Alola, … - 2019
growth, urbanization, electricity consumption, fossil fuel energy consumption, and total natural resources rent on pollutant … ARDL-PMG results suggest a statistical positive relationship between pollutant emissions and urbanization, electricity … Pedroni cointegration tests to cointegration analysis, the Pesaran’s Panel Pooled Mean Group-Autoregressive distributive lag …
Persistent link: https://www.econbiz.de/10012137665
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Interrelation between growth and inequality
Kang, Jong Woo - 2015
Inclusive growth should ensure "broad-based" economic growth which characterizes the pattern of growth. Beyond simple association identification implied by the Kuznets curve and cross-country panel regression analyses, this study attempts to shed light on the dynamic causality relationship and...
Persistent link: https://www.econbiz.de/10011317824
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Energy and the state of nations
Lindenberger, Dietmar; Kümmel, Reiner - 2011
The mathematical conditions for the existence of macroeconomic production functions that are state functions of the economic system are pointed out. The output elasticities and the elasticities of substitution of energy-dependent Cobb-Douglas, CES and LinEx production functions are calculated....
Persistent link: https://www.econbiz.de/10009743229
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On the causality between saving and growth : long- and short-run dynamics and country heterogeneity
Andersson, Björn - 1999
The temporal interdependence between saving and output has been in focus in a number of recent empirical studies. Results from these studies have compelled some authors to question the traditional notion of a causal chain where saving leads growth through capital accumulation. This paper...
Persistent link: https://www.econbiz.de/10011587110