Revisiting the Electricity Consumption-Economic Growth Nexus in Angola: The Role of Exports, Imports and Urbanization

Volume: 6 Number: 3 September 1, 2016
  • Sakiru Adebola Solarin
  • Muhammad Shahbaz
  • Syed Jawad Hussain Shahzad
EN

Revisiting the Electricity Consumption-Economic Growth Nexus in Angola: The Role of Exports, Imports and Urbanization

Abstract

The present study aims to reinvestigate the relationship between electricity consumption and economic growth in Angola by introducing exports, imports and urbanization in the production function. We utilize the combined cointegration method to test the long-run relationship for the period of 1971-2012. Whilst accommodating structural breaks, the ARDL bounds test approach is applied to examine the robustness of the long-run relationship in the variables. The results reveal that electricity consumption boosts economic growth but urbanization impairs it. The VECM causality results unveil the feedback relationship of electricity consumption with economic growth, exports and imports. It is, therefore, suggested that the policy makers should formulate the policies to improve the electricity supply that in turn will enhance the economic growth.

Keywords

Details

Primary Language

English

Subjects

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Journal Section

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Authors

Sakiru Adebola Solarin This is me

Muhammad Shahbaz This is me

Syed Jawad Hussain Shahzad This is me

Publication Date

September 1, 2016

Submission Date

September 1, 2016

Acceptance Date

-

Published in Issue

Year 2016 Volume: 6 Number: 3

APA
Solarin, S. A., Shahbaz, M., & Shahzad, S. J. H. (2016). Revisiting the Electricity Consumption-Economic Growth Nexus in Angola: The Role of Exports, Imports and Urbanization. International Journal of Energy Economics and Policy, 6(3), 501-512. https://izlik.org/JA52MD64PF
AMA
1.Solarin SA, Shahbaz M, Shahzad SJH. Revisiting the Electricity Consumption-Economic Growth Nexus in Angola: The Role of Exports, Imports and Urbanization. IJEEP. 2016;6(3):501-512. https://izlik.org/JA52MD64PF
Chicago
Solarin, Sakiru Adebola, Muhammad Shahbaz, and Syed Jawad Hussain Shahzad. 2016. “Revisiting the Electricity Consumption-Economic Growth Nexus in Angola: The Role of Exports, Imports and Urbanization”. International Journal of Energy Economics and Policy 6 (3): 501-12. https://izlik.org/JA52MD64PF.
EndNote
Solarin SA, Shahbaz M, Shahzad SJH (September 1, 2016) Revisiting the Electricity Consumption-Economic Growth Nexus in Angola: The Role of Exports, Imports and Urbanization. International Journal of Energy Economics and Policy 6 3 501–512.
IEEE
[1]S. A. Solarin, M. Shahbaz, and S. J. H. Shahzad, “Revisiting the Electricity Consumption-Economic Growth Nexus in Angola: The Role of Exports, Imports and Urbanization”, IJEEP, vol. 6, no. 3, pp. 501–512, Sept. 2016, [Online]. Available: https://izlik.org/JA52MD64PF
ISNAD
Solarin, Sakiru Adebola - Shahbaz, Muhammad - Shahzad, Syed Jawad Hussain. “Revisiting the Electricity Consumption-Economic Growth Nexus in Angola: The Role of Exports, Imports and Urbanization”. International Journal of Energy Economics and Policy 6/3 (September 1, 2016): 501-512. https://izlik.org/JA52MD64PF.
JAMA
1.Solarin SA, Shahbaz M, Shahzad SJH. Revisiting the Electricity Consumption-Economic Growth Nexus in Angola: The Role of Exports, Imports and Urbanization. IJEEP. 2016;6:501–512.
MLA
Solarin, Sakiru Adebola, et al. “Revisiting the Electricity Consumption-Economic Growth Nexus in Angola: The Role of Exports, Imports and Urbanization”. International Journal of Energy Economics and Policy, vol. 6, no. 3, Sept. 2016, pp. 501-12, https://izlik.org/JA52MD64PF.
Vancouver
1.Sakiru Adebola Solarin, Muhammad Shahbaz, Syed Jawad Hussain Shahzad. Revisiting the Electricity Consumption-Economic Growth Nexus in Angola: The Role of Exports, Imports and Urbanization. IJEEP [Internet]. 2016 Sep. 1;6(3):501-12. Available from: https://izlik.org/JA52MD64PF