Energy Consumption and Economic Growth: Evidence from COMESA Countries

Chali Nondo and Kahsai Mulugeta

No 46450, 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia from Southern Agricultural Economics Association

Abstract: This study applies panel data techniques to investigate the long-run relationship between energy consumption and GDP for a panel of 19 African countries (COMESA) based on annual data for the period 1980-2005. In the first step, we examine the degree of integration between GDP and energy consumption by employing three panel unit root tests and find that the variables are integrated of order one. In the second step, we investigate the long-run relationship between energy consumption and GDP. Results overwhelming show that GDP and energy consumption move together in the long-run. In the third step, we estimate the long-run relationship and test for causality using panel-based error correction models. The results indicate that long-run and short-run causality is unidirectional, running from energy consumption to GDP.

Keywords: International Development; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 17
Date: 2009-01-31
New Economics Papers: this item is included in nep-afr, nep-ene, nep-fdg and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://ageconsearch.umn.edu/record/46450/files/en ... MESA%20Countries.pdf (application/pdf)

Related works:
Working Paper: Energy Consumption and Economic Growth: Evidence from COMESA Countries (2010)
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:ags:saeana:46450

DOI: 10.22004/ag.econ.46450

Access Statistics for this paper

More papers in 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().