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Short- and Long-Run Analysis of Factors Affecting Electricity Consumption in Sub-Saharan Africa

Yıl 2015, Cilt: 5 Sayı: 3, 639 - 646, 01.09.2015

Öz

This paper explores the causal relationship between electricity consumption, gross domestic product (GDP), trade openness, financial development, and industry using a vector error correction model for five sub-Saharan countries. Results indicate that in the long run, all series exert an influence on electricity consumption in Cote d’ivioire and Zambia. Short run estimates reveal causality running from financial development and GDP to electricity consumption in Cote d’ivioire and South Africa. A modified version of Granger causality developed by Toda and Yamamoto (1995) found no causality in electric power consumption for Kenya. Since these countries differ economically, politically, and geographically, no universal policy implication can be surmised.

Yıl 2015, Cilt: 5 Sayı: 3, 639 - 646, 01.09.2015

Öz

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Ayrıntılar

Diğer ID JA73CS72US
Bölüm Araştırma Makalesi
Yazarlar

Nyakundi Michieka Bu kişi benim

Yayımlanma Tarihi 1 Eylül 2015
Yayımlandığı Sayı Yıl 2015 Cilt: 5 Sayı: 3

Kaynak Göster

APA Michieka, N. (2015). Short- and Long-Run Analysis of Factors Affecting Electricity Consumption in Sub-Saharan Africa. International Journal of Energy Economics and Policy, 5(3), 639-646.
AMA Michieka N. Short- and Long-Run Analysis of Factors Affecting Electricity Consumption in Sub-Saharan Africa. IJEEP. Eylül 2015;5(3):639-646.
Chicago Michieka, Nyakundi. “Short- and Long-Run Analysis of Factors Affecting Electricity Consumption in Sub-Saharan Africa”. International Journal of Energy Economics and Policy 5, sy. 3 (Eylül 2015): 639-46.
EndNote Michieka N (01 Eylül 2015) Short- and Long-Run Analysis of Factors Affecting Electricity Consumption in Sub-Saharan Africa. International Journal of Energy Economics and Policy 5 3 639–646.
IEEE N. Michieka, “Short- and Long-Run Analysis of Factors Affecting Electricity Consumption in Sub-Saharan Africa”, IJEEP, c. 5, sy. 3, ss. 639–646, 2015.
ISNAD Michieka, Nyakundi. “Short- and Long-Run Analysis of Factors Affecting Electricity Consumption in Sub-Saharan Africa”. International Journal of Energy Economics and Policy 5/3 (Eylül 2015), 639-646.
JAMA Michieka N. Short- and Long-Run Analysis of Factors Affecting Electricity Consumption in Sub-Saharan Africa. IJEEP. 2015;5:639–646.
MLA Michieka, Nyakundi. “Short- and Long-Run Analysis of Factors Affecting Electricity Consumption in Sub-Saharan Africa”. International Journal of Energy Economics and Policy, c. 5, sy. 3, 2015, ss. 639-46.
Vancouver Michieka N. Short- and Long-Run Analysis of Factors Affecting Electricity Consumption in Sub-Saharan Africa. IJEEP. 2015;5(3):639-46.