IDEAS home Printed from https://ideas.repec.org/a/pkp/ijseer/v3y2014i1p53-61id2086.html
   My bibliography  Save this article

Energy Consumption and Economic Growth in Nigeria: A Causality Analysis

Author

Listed:
  • Rasheed Oyaromade
  • Adagunodo Mathew
  • Bamidele P Abalaba

Abstract

This paper attempts to investigate the relationship between total energy consumption and economic growth in Nigeria using Granger Causality. The two variables of the study – energy consumption and real GDP were found to exhibit unit root property, i.e. non-stationary. The study finds no clear relationship between energy consumption and economic growth. Real GDP was found not to cause energy consumption while energy consumption was also found not to cause real GDP. As astounding as this result may be, it portends potential policy implications for the economy including the need to implement policies that link energy consumption with growth generating activities.

Suggested Citation

  • Rasheed Oyaromade & Adagunodo Mathew & Bamidele P Abalaba, 2014. "Energy Consumption and Economic Growth in Nigeria: A Causality Analysis," International Journal of Sustainable Energy and Environmental Research, Conscientia Beam, vol. 3(1), pages 53-61.
    • Handle: RePEc:pkp:ijseer:v:3:y:2014:i:1:p:53-61:id:2086
    as

    Download full text from publisher

    File URL: https://archive.conscientiabeam.com/index.php/13/article/view/2086/2994
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Longe Adedayo Emmanuel & Adekoya Taiwo Matthew & Soyemi Caleb Olugbenga & Agbanuji David Adeiza & Adekomi Idowu Jacob, 2021. "The Asymmetric Impact of Oil Price and Electricity Consumption on Economic Growth: Evidence from Nigeria," Acta Universitatis Sapientiae, Economics and Business, Sciendo, vol. 9(1), pages 50-70, September.
    2. Ebuwa Elisabeth Eweka & Enrique Lopez-Arroyo & Christian Oluwaremilekun Medupin & Abiola Oladipo & Luiza Cintra Campos, 2022. "Energy Landscape and Renewable Energy Resources in Nigeria: A Review," Energies, MDPI, vol. 15(15), pages 1-20, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pkp:ijseer:v:3:y:2014:i:1:p:53-61:id:2086. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dim Michael (email available below). General contact details of provider: https://archive.conscientiabeam.com/index.php/13/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.