Danmaraya, Ismail Aliyu and Hassan, Sallahuddin (2016) Electricity consumption and manufacturing sector productivity in Nigeria: An ARDL-bounds testing approach. International Journal of Energy Economics and Policy, 6 (2). pp. 195-201. ISSN 2146-4553
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Abstract
This paper employs the Autoregressive Distributed Lag (ARDL) technique to provide evidence of long run and short run relationship, as well as the causality between manufacturing productivity and electricity consumption in Nigeria for the period 1980–2013. When electricity consumption, capital formation and manufacturing productivity are applied as the dependent variable(s), the bounds test provides a proof of cointegration among electricity consumption, manufacturing productivity, and capital. Similarly, the findings demonstrated bidirectional causality between manufacturing productivity and energy consumption. Nigeria is along this line an electricity reliant nation. It is likewise a nation in which electricity consumption is rising with the manufacturing productivity. This demonstrates that electricity is a powerful determinant of manufacturing performance in Nigeria; accordingly, policy on energy should guarantee that electricity creates less negative effects on manufacturing productivity.
Item Type: | Article |
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Uncontrolled Keywords: | Electricity Consumption, Manufacturing Productivity, ARDL, Nigeria |
Subjects: | H Social Sciences > HC Economic History and Conditions |
Divisions: | School of Economics, Finance & Banking |
Depositing User: | Mrs. Norazmilah Yaakub |
Date Deposited: | 22 Jan 2019 06:46 |
Last Modified: | 22 Jan 2019 06:46 |
URI: | https://repo.uum.edu.my/id/eprint/25444 |
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