Do Foreign Direct Investment and Trade lead to Lower Energy Intensity? Evidence from Selected African Countries

Yaya Keho

EN

Do Foreign Direct Investment and Trade lead to Lower Energy Intensity? Evidence from Selected African Countries

Abstract

The aim of this study is to examine the impact of foreign direct investment (FDI) and trade on energy intensity in a sample of six Sub-Saharan countries. It applies the bounds testing approach to cointegration and Granger causality analysis to annual data covering the time period from 1970 to 2011. The results indicate evidence for energy-reducing effect of FDI in Benin and Nigeria, while in Cote d’Ivoire and Togo, energy efficiency declines as FDI increases. The results also indicate that energy intensity is negatively affected by imports in Cameroon, Cote d’Ivoire and Togo, suggesting that trade improves energy efficiency. Results of Granger causality suggest that in the short-run, energy intensity is caused by FDI in Cote d’Ivoire and Nigeria, and by imports in Cameroon and Nigeria.

Keywords

Energy Intensity, Foreign Direct Investment, Trade

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Yaya Keho This is me

Publication Date

March 1, 2016

Submission Date

March 1, 2016

Acceptance Date

-

Published in Issue

Year 2016 Volume: 6 Number: 1

IZ

https://izlik.org/JA55XE84BH

Cite

RIS / Bibtex

APA

Keho, Y. (2016). Do Foreign Direct Investment and Trade lead to Lower Energy Intensity? Evidence from Selected African Countries. International Journal of Energy Economics and Policy, 6(1), 1-5. https://izlik.org/JA55XE84BH

AMA

1.Keho Y. Do Foreign Direct Investment and Trade lead to Lower Energy Intensity? Evidence from Selected African Countries. IJEEP. 2016;6(1):1-5. https://izlik.org/JA55XE84BH

Chicago

Keho, Yaya. 2016. “Do Foreign Direct Investment and Trade Lead to Lower Energy Intensity? Evidence from Selected African Countries”. International Journal of Energy Economics and Policy 6 (1): 1-5. https://izlik.org/JA55XE84BH.

EndNote

Keho Y (March 1, 2016) Do Foreign Direct Investment and Trade lead to Lower Energy Intensity? Evidence from Selected African Countries. International Journal of Energy Economics and Policy 6 1 1–5.

IEEE

[1]Y. Keho, “Do Foreign Direct Investment and Trade lead to Lower Energy Intensity? Evidence from Selected African Countries”, IJEEP, vol. 6, no. 1, pp. 1–5, Mar. 2016, [Online]. Available: https://izlik.org/JA55XE84BH

ISNAD

Keho, Yaya. “Do Foreign Direct Investment and Trade Lead to Lower Energy Intensity? Evidence from Selected African Countries”. International Journal of Energy Economics and Policy 6/1 (March 1, 2016): 1-5. https://izlik.org/JA55XE84BH.

JAMA

1.Keho Y. Do Foreign Direct Investment and Trade lead to Lower Energy Intensity? Evidence from Selected African Countries. IJEEP. 2016;6:1–5.

MLA

Keho, Yaya. “Do Foreign Direct Investment and Trade Lead to Lower Energy Intensity? Evidence from Selected African Countries”. International Journal of Energy Economics and Policy, vol. 6, no. 1, Mar. 2016, pp. 1-5, https://izlik.org/JA55XE84BH.

Vancouver

1.Yaya Keho. Do Foreign Direct Investment and Trade lead to Lower Energy Intensity? Evidence from Selected African Countries. IJEEP [Internet]. 2016 Mar. 1;6(1):1-5. Available from: https://izlik.org/JA55XE84BH