Energy savings in Nigeria. Is there a way of escape from energy inefficiency?

Philip Adom and Samuel Adams

Renewable and Sustainable Energy Reviews, 2018, vol. 81, issue P2, 2421-2430

Abstract: This study estimates the transition probabilities for different energy-use states in Nigeria, using the Markov Switching Regression technique. According to the results, both energy-efficient and energy-inefficient states are less persistent, but comparatively, the energy-inefficient state is more persistent. Thus, in Nigeria, it is much difficult to escape from the energy-inefficient state than the energy-efficient state. Several reasons may explain this phenomenon, and they include: inefficient regulatory system; poor institutional structure; high corruption; proliferation of second-hand goods; undeveloped markets; high incidence of poverty, and inefficient pricing in the energy sector. Pricing policies should be combined with institutional improvement and infrastructural development if Nigeria wants to achieve a sustainable energy-efficient state, in the long-term.

Keywords: E32; O52; Q41; Q43; Q48; Energy efficiency; Markov-switching method; Transition probabilities; Nigeria (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1364032117309954
Full text for ScienceDirect subscribers only

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:eee:rensus:v:81:y:2018:i:p2:p:2421-2430

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic
http://www.elsevier. ... 600126/bibliographic

DOI: 10.1016/j.rser.2017.06.048

Access Statistics for this article

Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski

More articles in Renewable and Sustainable Energy Reviews from Elsevier
Bibliographic data for series maintained by Catherine Liu ().