Electricity Consumption and Economic Growth: Trivariate investigation in Botswana with Capital Formation

Volume: 1 Number: 2 June 1, 2011
  • Sakiru Adebola Solarin
EN

Electricity Consumption and Economic Growth: Trivariate investigation in Botswana with Capital Formation

Abstract

This study investigates the relationship between electricity consumption and real gross domestic product in Botswana (the world’s largest producer of diamonds). The study includes capital formation in a trivariate system for the period covering 1980-2008. Zivot and Andrews (1992) unit roots test; bound test for cointegration, and Granger causality test are employed. Unidirectional causality is found from electricity consumption to real gross domestic product is in line with study of Altinay and Karagol (2005) among others. The long run estimate reinforce the Granger causality tests by indicating that electricity consumption is positively associated with real gross domestic product in the long run. Further findings suggest unidirectional causality from capital formation to real gross domestic product. The implication is that Botswana- being a highly energy dependent country- will have the performance of its capital formation on the economy partly determined by adequate electricity.

Keywords

Details

Primary Language

English

Subjects

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Journal Section

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Authors

Sakiru Adebola Solarin This is me

Publication Date

June 1, 2011

Submission Date

June 1, 2011

Acceptance Date

-

Published in Issue

Year 2011 Volume: 1 Number: 2

APA
Solarin, S. A. (2011). Electricity Consumption and Economic Growth: Trivariate investigation in Botswana with Capital Formation. International Journal of Energy Economics and Policy, 1(2), 32-46. https://izlik.org/JA93RR38PC
AMA
1.Solarin SA. Electricity Consumption and Economic Growth: Trivariate investigation in Botswana with Capital Formation. IJEEP. 2011;1(2):32-46. https://izlik.org/JA93RR38PC
Chicago
Solarin, Sakiru Adebola. 2011. “Electricity Consumption and Economic Growth: Trivariate Investigation in Botswana With Capital Formation”. International Journal of Energy Economics and Policy 1 (2): 32-46. https://izlik.org/JA93RR38PC.
EndNote
Solarin SA (June 1, 2011) Electricity Consumption and Economic Growth: Trivariate investigation in Botswana with Capital Formation. International Journal of Energy Economics and Policy 1 2 32–46.
IEEE
[1]S. A. Solarin, “Electricity Consumption and Economic Growth: Trivariate investigation in Botswana with Capital Formation”, IJEEP, vol. 1, no. 2, pp. 32–46, June 2011, [Online]. Available: https://izlik.org/JA93RR38PC
ISNAD
Solarin, Sakiru Adebola. “Electricity Consumption and Economic Growth: Trivariate Investigation in Botswana With Capital Formation”. International Journal of Energy Economics and Policy 1/2 (June 1, 2011): 32-46. https://izlik.org/JA93RR38PC.
JAMA
1.Solarin SA. Electricity Consumption and Economic Growth: Trivariate investigation in Botswana with Capital Formation. IJEEP. 2011;1:32–46.
MLA
Solarin, Sakiru Adebola. “Electricity Consumption and Economic Growth: Trivariate Investigation in Botswana With Capital Formation”. International Journal of Energy Economics and Policy, vol. 1, no. 2, June 2011, pp. 32-46, https://izlik.org/JA93RR38PC.
Vancouver
1.Sakiru Adebola Solarin. Electricity Consumption and Economic Growth: Trivariate investigation in Botswana with Capital Formation. IJEEP [Internet]. 2011 Jun. 1;1(2):32-46. Available from: https://izlik.org/JA93RR38PC