Electric energy consumption and economic growth in Togo

Consommation d’énergie électrique et croissance économique au Togo

Palakiyèm Kpemoua ()
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Palakiyèm Kpemoua: Université de Lomé [Togo]

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Abstract: The general purpose of this study is to analyze the effect of the consumption of electric energy on Togo's economic growth and check the direction of the causality between this consumption and economic growth. From a simple methodological approach, the study uses cointegration and causality techniques to meet its objectives and tests the research hypothesis that consumption of electric energy causes, as Granger puts, the economic growth. The results show that there is a positive correlation between economic growth, capital stock and consumption of electric energy with a negative effect energy crisis in 1983. These results also show that there is no causality between economic growth and consumption of electric energy, in other words, the consumption of electric energy dwells a small component of economic growth.

Keywords: Electric energy consumption; economic growth; Granger causality (search for similar items in EconPapers)
Date: 2016-02-16
New Economics Papers: this item is included in nep-ene and nep-sog
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Published in Munich Personal Repec Archiv, 2016

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01333659

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