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Determinants of natural gas demand in Ghana

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  • Ishmael Ackah

Abstract

The study investigates the effect of economic and non-economic factors on natural gas demand in Ghana at the aggregate and disaggregates levels. The structural time series model is employed as it has the ability of capturing exogenous non-economic factors. The findings suggest that both economic and non-economic factors influence natural gas demand. It further reveal that different sectors respond differently to these factors. The study recommends that policies such as natural gas price subsidies should be customised for different sectors to obtain optimal results.

Suggested Citation

  • Ishmael Ackah, 2014. "Determinants of natural gas demand in Ghana," OPEC Energy Review, Organization of the Petroleum Exporting Countries, vol. 38(3), pages 272-295, September.
    • Handle: RePEc:bla:opecrv:v:38:y:2014:i:3:p:272-295
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    Cited by:

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    2. Adom, Philip Kofi & Amakye, Kwaku & Barnor, Charles & Quartey, George & Bekoe, William, 2016. "Shift in demand elasticities, road energy forecast and the persistence profile of shocks," Economic Modelling, Elsevier, vol. 55(C), pages 189-206.
    3. Jumah Ahmad Alzyadat, 2022. "The Price and Income Elasticity of Demand for Natural Gas Consumption in Saudi Arabia," International Journal of Energy Economics and Policy, Econjournals, vol. 12(6), pages 357-363, November.
    4. Ackah, Ishmael & TETTEH, ELIZABETH NARKIE, 2016. "Determinants of autogas demand among Taxi Drivers in rural Ghana," MPRA Paper 74242, University Library of Munich, Germany.
    5. Raymond Li & Chi-Keung Woo & Asher Tishler & Jay Zarnikau, 2022. "Price Responsiveness of Residential Demand for Natural Gas in the United States," Energies, MDPI, vol. 15(12), pages 1-22, June.
    6. Mensah, Justice Tei & Marbuah, George & Amoah, Anthony, 2016. "Energy demand in Ghana: A disaggregated analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 53(C), pages 924-935.
    7. Ackah, Ishmael, 2015. "Accounting for the effect of exogenous non-Economic variables on natural gas demand in oil producing African countries," MPRA Paper 81553, University Library of Munich, Germany.
    8. Eric Fosu Oteng-Abayie & Prosper Awuni Ayinbilla & Maame Esi Eshun, 2018. "Macroeconomic Determinants of Crude Oil Demand in Ghana," Global Business Review, International Management Institute, vol. 19(4), pages 873-888, August.
    9. Ackah, Ishmael & Appiah-Adu, Kwaku & Ahunu, Linda, 2015. "What Factors Drive Energy Consumption in Ghana?," MPRA Paper 66095, University Library of Munich, Germany.
    10. Atalla, Tarek N. & Gasim, Anwar A. & Hunt, Lester C., 2018. "Gasoline demand, pricing policy, and social welfare in Saudi Arabia: A quantitative analysis," Energy Policy, Elsevier, vol. 114(C), pages 123-133.
    11. Ishmael Ackah & Mcomari Asomani, 2015. "Empirical Analysis of Renewable Energy Demand in Ghana with Autometrics," International Journal of Energy Economics and Policy, Econjournals, vol. 5(3), pages 754-758.
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    13. Ackah, Ishmael & Asomani, Mcomari, 2015. "Modelling Renewable Energy Economy in Ghana with Autometrics," MPRA Paper 63870, University Library of Munich, Germany.
    14. Atalla, Tarek N. & Hunt, Lester C., 2016. "Modelling residential electricity demand in the GCC countries," Energy Economics, Elsevier, vol. 59(C), pages 149-158.

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    More about this item

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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