Energy Consumption and Performance of Sectoral Outputs Results from an Energy Impoverished Economy

Bernhard Ishioro ()
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Bernhard Ishioro: Delta State University Nigeria, Postal: NG

Journal of Advanced Research in Management, 2018, vol. 9, issue 7, 1539-1558

Abstract: This paper is directed at exploring the relationship among energy consumption disaggregated sectoral output GDP and economic growth in Nigeria using time series data The study applied a plethora of estimation techniques multivariate unit root Johansen cointegration and Granger causality tests The study found that energy consumption has enhanced the performance of agriculture health manufacturing utilities finance and transport sectors in Nigeria during the period under consideration Long run energy consumption was found to be detrimental to the performance of administration output GDP The study recommends that energy consumption should be encouraged essentially for sectoral and industrial purposes the production of intermediate goods and services and not only for household consumption

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:srs:jemt00:v:9:y:2018:i:7:p:1539-1558

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