Political Environment and the Use of Energy Resources in Nigeria

Tobechi F. Agbanike, Anayochukwu Basil Chukwu, Mary J. Eteng, Hycenth O.R. Ogwuru, Lasbrey I. Anochiwa, Anuli R. Ogbuagu, Nnamdi C. Nwaeze, Sunday A. Okwor and Clara K. Anyanwu
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Tobechi F. Agbanike: Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,
Anayochukwu Basil Chukwu: Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,
Mary J. Eteng: Department of Sociology, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,
Hycenth O.R. Ogwuru: Department of Economics, Novena University, Delta State, Nigeria
Lasbrey I. Anochiwa: Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,
Anuli R. Ogbuagu: Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,
Nnamdi C. Nwaeze: Department of Economics, Abia State University, Uturu, Abia State, Nigeria.
Sunday A. Okwor: Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,
Clara K. Anyanwu: Department of Economics and Development Studies, Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State, Nigeria,

International Journal of Energy Economics and Policy, 2022, vol. 12, issue 4, 342-349

Abstract: This study examines the dynamic relationship between political environment and the use of energy resources in Nigeria covering the period from 1978-2017 using the autoregressive distributed lag (ARDL) bounds testing approach. The results reveal that democracy has a significant long run and short run positive influence on energy consumption in Nigeria. However, the positive effect decreases significantly with an increase in the level of oil dependence in the short run. The results of this study in general support the view that high dependence of political democratic structures on oil wealth influences the positive effects of democracy in making public goods available in developing net oil-exporting economies. Economic diversification in Nigeria may therefore require formulating policies that will enhance access to clean energy sources in the economy.

Keywords: ARDL; civil liberties; democracy; Nigeria; oil dependence; political rights; Freedom House scores (search for similar items in EconPapers)
JEL-codes: P48 Q3 Q4 Q40 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2022-04-36

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