ANALYSE DE L'IMPACT DE L'ENERGIE ELECTRIQUE SUR LA CROISSANCE ECONOMIQUE DU 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 investigate empirically the impact of electric power on Togo's aggregate and economic branch levels (primary, secondary, tertiary) production growth, with a model that relies on a neoclassical production function and to test the causality between that electric power and the growth of aggregate production and economic branch levels. The empirical methodology is based on the (ARMA) maximum likelihood and Granger causality tests. The obtained results indicate that the impact of electricity consumption on Togo's aggregate and economic branch levels (secondary, tertiary) production in the long-run is positive and significant. The results show also a significant existence of circular causality between electricity consumption and aggregate production growth, while that the causality goes from electricity consumption to the agricultural, services sectors , and from industrial sector to electricity consumption according to Granger.

Keywords: electricity consumption; Economic growth; Granger causality test (search for similar items in EconPapers)
Date: 2016-12-19
New Economics Papers: this item is included in nep-ene
Note: View the original document on HAL open archive server: https://hal.science/hal-01491861v1
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