ANALYSIS OF THE LINK BETWEEN ECONOMIC GROWTH AND ENERGY CONSUMPTION IN TOGO

ANALYSE DU LIEN ENTRE CROISSANCE ECONOMIQUE ET CONSOMMATION D'ENERGIE AU TOGO

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

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Abstract: The purposes of this paper are to analyze empirically the nexus between energy consumption per capita and Togo's economic growth with a model that relies on an augmented neoclassical production function and to test the causality between that energy consumption and the economic growth. The data cover the period 1972-2013. The methodological approach is based on the cointegration and the causality tests.The results obtained indicate that the impact of energy consumption per capita on economic growth is positive and significant at 1% level. The results indicate also the existence of causality and show that Togo's economic growth causes a rise in energy consumption per capita according to Granger.

Keywords: Togo; energy consumption; economic growth; causality; Consommation d'énergie; croissance économique; cointégration; causalité (search for similar items in EconPapers)
Date: 2016-09-12
New Economics Papers: this item is included in nep-ene
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