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Electricity Availability, Human Capital Investment and Sustainable Economic Growth Causality in Sub Sahara Africa: Revisited Evidences

Author

Listed:
  • Hammed Oluwaseyi Musibau

    (Department of Economics and Management Science, Un versiti Sultan Za nal Abidin, Malaysia,)

  • Suraya Mahmood

    (Department of Economics and Management Science, Un versiti Sultan Za nal Abidin, Malaysia,)

  • Suraya Ismail

    (Department of Economics and Management Science, Un versiti Sultan Za nal Abidin, Malaysia,)

  • Muhammad Aminu Haruna

    (Department of Economics and Management Science, Un versiti Sultan Za nal Abidin, Malaysia,)

  • Muhammad Umair Khan

    (Department of Economics and Management Science, Un versiti Sultan Za nal Abidin, Malaysia,)

Abstract

The paper examines the impact of electricity availabilities proxy by electricity supply, human capital development and the role of institutional qualities on economic growth in Sub-Sahara African countries using a panel data spanning from 1980 to 2016. The study utilized various dynamic panel models (Dynamic Ordinary Least Square, DOLS, PMG, DFE and FMOLS) and several panel unit roots model were adopted to check the degree of integration of the variables. Our empirical results found that electricity consumption, electricity availability and control of corruption have a positive impact on economic growth in SSA countries. However, human capital development has a negatively significant impact on economic growth in SSA countries. A deregulated energy sector is likely to yield smaller net benefits than a regulated market due to nature of African economies due to the level of corruption in the region. We therefore suggest a policy to improving their institutions qualities and build a good political structure to utilities government expenditure on electricity supply and human capital development to ensure economic growth in SSA countries.

Suggested Citation

  • Hammed Oluwaseyi Musibau & Suraya Mahmood & Suraya Ismail & Muhammad Aminu Haruna & Muhammad Umair Khan, 2019. "Electricity Availability, Human Capital Investment and Sustainable Economic Growth Causality in Sub Sahara Africa: Revisited Evidences," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 222-233.
    • Handle: RePEc:eco:journ2:2019-06-27
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    References listed on IDEAS

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    1. Philip Alege & Ayobami Jolaade & Omobola Adu, 2018. "Is there Cointegration between Renewable Energy and Economic Growth in Selected Sub-saharan African Counries?," International Journal of Energy Economics and Policy, Econjournals, vol. 8(4), pages 219-226.
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    4. Daniel Agbiboa, 2012. "Between Corruption and Development: The Political Economy of State Robbery in Nigeria," Journal of Business Ethics, Springer, vol. 108(3), pages 325-345, July.
    5. Jahangir Alam, Mohammad & Ara Begum, Ismat & Buysse, Jeroen & Van Huylenbroeck, Guido, 2012. "Energy consumption, carbon emissions and economic growth nexus in Bangladesh: Cointegration and dynamic causality analysis," Energy Policy, Elsevier, vol. 45(C), pages 217-225.
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    Cited by:

    1. Hammed Oluwaseyi Musibau & Tobiloba Adedoyin Adenekan & Waliu Olawale Shittu, 2024. "Have FDI, Globalisation and Energy Security Addressed the Malaise in the Nigerian Economy? A Quantile Analysis," Arthaniti: Journal of Economic Theory and Practice, , vol. 23(1), pages 33-55, June.
    2. Shazia Kousar & Farhan Ahmed & María de las Nieves López García & Nimra Ashraf, 2020. "Renewable Energy Consumption, Water Crises, and Environmental Degradation with Moderating Role of Governance: Dynamic Panel Analysis under Cross-Sectional Dependence," Sustainability, MDPI, vol. 12(24), pages 1-16, December.
    3. Buyung Romadhoni & Akhmad Akhmad, 2020. "Household Electricity Demand in South Sulawesi, Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 10(4), pages 229-233.

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    More about this item

    Keywords

    Electricity availability; Institutional qualities; Human Capital development and Sub-Sahara Africa.;
    All these keywords.

    JEL classification:

    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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