Renewable and non-renewable energy consumption and economic growth in Uganda

Geoffrey Ssebabi Mutumba (), Tomson Odongo, Francis Nathan Okurut, Vincent Bagire and Livingstone Senyonga
Additional contact information
Geoffrey Ssebabi Mutumba: Kyambogo University
Tomson Odongo: Kyambogo University
Francis Nathan Okurut: Kyambogo University
Vincent Bagire: Makerere University Business School
Livingstone Senyonga: Makerere University Business School

SN Business & Economics, 2022, vol. 2, issue 7, 1-28

Abstract: Abstract This study investigates the effect of renewable energy and non-renewable consumption on Uganda’s economic growth in the period between 1990 and 2015. The major objective of this study is to ascertain whether there exist a credible relationship between renewable and non-renewable energy on Uganda’s economic growth in the period under the review.The study uses auto regressive distributed lag and Granger Wald test to investigate the the causal relationship between renewable and non-renewable energy consumption on Uganda’s economic growth in the period under the review. The Results in this study indicate that there exist a positive relationship between non-renewable energy consumption and Uganda’s economic growth in the short run, while there exist a negative relationship between renewable energy consumption and Uganda’s economic growth in the period under review. This study indicates that more empahasis should be put on the exploitation of non-renewable energy consumption in Uganda as it leads to more economic growth in the country.

Keywords: Renewable and non-renewable energy consumption; Autoregressive distributed lag (ARDL); Uganda (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://link.springer.com/10.1007/s43546-022-00220-7 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:snbeco:v:2:y:2022:i:7:d:10.1007_s43546-022-00220-7

Ordering information: This journal article can be ordered from
https://www.springer.com/journal/43546

DOI: 10.1007/s43546-022-00220-7

Access Statistics for this article

SN Business & Economics is currently edited by Gino D'Oca

More articles in SN Business & Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().