IDEAS home Printed from https://ideas.repec.org/a/spr/jknowl/v15y2024i4d10.1007_s13132-024-01886-0.html
   My bibliography  Save this article

Human Capital, Income Inequality and Energy Demand Nexus in sub-Sahara Africa: Insights from Asymmetric Approach

Author

Listed:
  • Olufemi Gbenga Onatunji

    (Redeemer’s University)

  • Olusola Joel Oyeleke

    (Redeemer’s University)

  • Rasaki Stephen Dauda

    (Redeemer’s University)

Abstract

The existing literature on the human capital-energy consumption nexus typically assumes that human capital symmetrically affects energy consumption without considering the potential asymmetric connections between the variables. This study empirically investigates the asymmetric nexus between human capital, income inequality, and energy consumption in selected sub-Saharan Africa (SSA) countries covering the period 1980–2015. The nonlinear panel autoregressive distributed lag (NPARDL) model and the Hatemi-J (2012) asymmetric panel causality test are utilized for this investigation. Using both human capital indicators, our empirical findings indicate that improvement in educational human capital contributes to efficient utilization of energy sources and thus reduces energy consumption, while an increase in health human capital amplifies energy consumption in the analyzed countries. The findings also show that deterioration in income inequality worsens access to energy sources and thus reduces energy consumption among households. Furthermore, the asymmetric causality test results indicate bidirectional causality for both positive shocks in human capital indicators and energy consumption and vice versa. Based on the outcomes of the findings, the policy implications are discussed.

Suggested Citation

  • Olufemi Gbenga Onatunji & Olusola Joel Oyeleke & Rasaki Stephen Dauda, 2024. "Human Capital, Income Inequality and Energy Demand Nexus in sub-Sahara Africa: Insights from Asymmetric Approach," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(4), pages 19517-19541, December.
  • Handle: RePEc:spr:jknowl:v:15:y:2024:i:4:d:10.1007_s13132-024-01886-0
    DOI: 10.1007/s13132-024-01886-0
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s13132-024-01886-0
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s13132-024-01886-0?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Asymmetric; Energy demand; Human Capital; Income inequality; Sub-Saharan Africa;
    All these keywords.

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • D0 - Microeconomics - - General
    • I2 - Health, Education, and Welfare - - Education
    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General

    Statistics

    Access and download statistics

    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:spr:jknowl:v:15:y:2024:i:4:d:10.1007_s13132-024-01886-0. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.