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Title: | Electricity Supply and Economic Growth in Nigeria: A Bounds Testing Co-integrative Approach |
Other Titles: | Electricity Supply, Economic Growth, Bounds, Co-integration, Investment |
Authors: | Awujola, Abayomi ISA, Grace H. |
Keywords: | Electricity Supply, Economic Growth, Bounds, Co-integration, Investment |
Issue Date: | 2019 |
Publisher: | Lapai Journal of Economics |
Series/Report no.: | VOL 3;NO. 2 |
Abstract: | The paper examines empirically, whether or not electricity supply and investment in electricity impact significantly and positively on economic growth in Nigeria over the sample period of thirty-six year from 1980-2017. The newly developed bounds testing approach to co-integration was adopted in the study. The results obtained reveal that both the short-run and long-run growth effects of electricity supply in Nigeria are significant and positive. Having ascertained the significance of electricity supply positively influencing economic growth in Nigeria, the study thus recommends a set of policies to the Nigerian government with a view to enhancing electricity distribution and fostering economic growth in Nigeria. |
URI: | http://localhost:8080/xmlui/handle/123456789/2709 |
ISSN: | 2659-028X |
Appears in Collections: | Research Articles |
Files in This Item:
File | Description | Size | Format | |
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ELECTRICITY SUPPLY AND ECONOMIC GROWTH IN NIGERIA.......pdf | 939.99 kB | Adobe PDF | View/Open |
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