BibTex RIS Cite

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

Year 2011, Volume: 1 Issue: 2, 32 - 46, 01.06.2011

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.

Year 2011, Volume: 1 Issue: 2, 32 - 46, 01.06.2011

Abstract

There are 0 citations in total.

Details

Other ID JA52GF56UG
Journal Section Research Article
Authors

Sakiru Adebola Solarin This is me

Publication Date June 1, 2011
Published in Issue Year 2011 Volume: 1 Issue: 2

Cite

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.
AMA Solarin SA. Electricity Consumption and Economic Growth: Trivariate investigation in Botswana with Capital Formation. IJEEP. June 2011;1(2):32-46.
Chicago Solarin, Sakiru Adebola. “Electricity Consumption and Economic Growth: Trivariate Investigation in Botswana With Capital Formation”. International Journal of Energy Economics and Policy 1, no. 2 (June 2011): 32-46.
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 S. A. Solarin, “Electricity Consumption and Economic Growth: Trivariate investigation in Botswana with Capital Formation”, IJEEP, vol. 1, no. 2, pp. 32–46, 2011.
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 2011), 32-46.
JAMA 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, 2011, pp. 32-46.
Vancouver Solarin SA. Electricity Consumption and Economic Growth: Trivariate investigation in Botswana with Capital Formation. IJEEP. 2011;1(2):32-46.