Electricity consumption, urbanization, and economic growth in Nigeria: New insights from combined cointegration amidst structural breaks

被引：62

作者：

Nathaniel, Solomon P. ^{[1
]}

Bekun, Festus V. ^{[2
,3
]}

机构：

[1] Univ Lagos, Econ, Unilag Rd, Akoka, Nigeria

[2] Istanbul Gelisim Univ, Fac Econ Adm & Social Sci, Istanbul, Turkey

[3] South Ural State Univ, Sch Econ & Management, Dept Accounting Anal & Audit, Chelyabinsk, Russia

来源：

JOURNAL OF PUBLIC AFFAIRS | 2021年 / 21卷 / 01期

关键词：

RENEWABLE ENERGY-CONSUMPTION; CARBON-DIOXIDE EMISSIONS; CO2; EMISSIONS; FINANCIAL DEVELOPMENT; TIME-SERIES; OIL-PRICE; PANEL COINTEGRATION; CAUSAL RELATIONSHIP; ERROR-CORRECTION; UNIT-ROOT;

D O I：

10.1002/pa.2102

中图分类号：

C93 [管理学]; D035 [国家行政管理]; D523 [行政管理]; D63 [国家行政管理];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ; 1204 ; 120401 ;

摘要：

The study explores the link between electricity consumption, urbanization, and economic growth in Nigeria from 1971 to 2014. The bounds test and the Bayer and Hanck (Journal of Time Series Analysis, 2013, 34(1), 83-95) 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 modified OLS, dynamic OLS, and the canonical cointegrating regression confirm the robustness of the findings. The vector error correction model Granger causality test supports the neutrality hypothesis in the short run and the feedback hypothesis among the variables in the long run. Therefore, policies to ensure efficient electricity supply, curb rapid urbanization, and promote sustainable economic growth were suggested.

引用

页数：12

共 116 条

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