Energy generation and economic growth: empirical evidence from Nigeria

Oyeleke, Olusola Joel; Akinlo, Taiwo

doi:10.1007/s10668-019-00476-4

Cited by 10 publications

(9 citation statements)

References 11 publications

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“…Unlike others, Ohler and Fetter (2014), which also takes into account the effects of wind energy, suggests that there is a positive long-run relation among renewable energy sources and GDP. Oyeleke and Akinlo (2019) found a negative relationship between renewable energy production and growth. In this respect, it differs from both our and other studies that support the growth hypothesis.…”

Section: Resultsmentioning

confidence: 99%

“…The last research we can find in the literature review is the study for the Nigerian economy by Oyeleke and Akinlo (2019). The study, in which the data of the 1980-2017 period has analyzed with the error correction model, finds that renewable energy production affects economic growth positively in the short-run and negatively in the long-run.…”

Section: Literature Reviewmentioning

confidence: 99%

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The Role of Renewable Energy Generation in Sustainable Economic Growth: The Case of Turkey

Özbek

Apaydın

2020

Fiscaoeconomia

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Energy is a crucial factor in both the production and consumption process. It is a critical component not only for economic growth but also for social, technological, and environmental issues. With the events and facts in these areas in the last fifty years, the importance of the energy factor has more increased, and the search for alternative energy sources has accelerated. Thus, renewable energy sources have started to be more preferred by considering sustainable growth goals. This study aims to investigate the role of renewable energy generation on economic growth for the period of 1990-2017. The study employs the Autoregressive Distributed Lag (ARDL) method by using gross domestic product, capital stock, employment, and renewable energy generation data of Turkey. According to the findings, increases in capital stock, employment, and renewable energy production affect economic growth positively.

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Section: Resultsmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

The Role of Renewable Energy Generation in Sustainable Economic Growth: The Case of Turkey

Özbek

Apaydın

2020

Fiscaoeconomia

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“…The debate is whether or not energy consumption exerts influence on the total output of the economy. However, similar to Azlina (2012), Oyeleke & Akinlo (2019), these studies observed that little or no attention is paid to examining the relationship between energy generation and aggregate output in Nigeria. Most of the reviews are focused on the demand side and neglect the supply side.…”

Section: Introductionmentioning

confidence: 93%

Energy Generation and Aggregate Output in Nigeria: Evidence From Nardl

Adejumo

Adefabi²

2021

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Energy generation has received a little or no attention over a period of time. Most scholars are focused on energy consumption and economic growth. This study empirically examined the asymmetric impact of energy generation on aggregate output in Nigeria between 1980 and 2019 using Nonlinear Autoregressive Distributed Lag (NARDL) Model. The stationarity test was conducted on the variables employed to avoid spurious regression. The result revealed that the variables were mixed at level and the first difference. The bound test result revealed that the variables are not cointegrated in the long run. Also, Wald test indicates that energy generation has short run impact on aggregate output in Nigeria. As revealed from the empirical results, from all sources of significant energy generation in Nigeria, gas generation brings the desired result to aggregate output in Nigeria. The study therefore suggests that action should refocus on the gas production subsector. This subsector needs to be developed carefully to avoid wasting this energy source by incineration. Also, the government should redirect those subsidies for petroleum products to the gas generation subsector.

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“…Pakistan has saved $8-$9 billion from energy import bills in -2020(GoP, 2020. It is an admitted fact that economic development and energy are incredibly interdependent (Oyeleke & Akinlo, 2019).…”

Section: Introductionmentioning

confidence: 99%

Modeling biogas technology adoption in Pakistan: A way forward for sustainable research of energy

Ali¹,

Qin²,

Elavarasan³

et al. 2021

Preprint

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The extensive need for energy has become a global issue due to the enormous population growth and demand for electricity-based products. Energy crises are rapidly increasing, which have destructive impacts on the industry in Pakistan. Biogas technology adoption is a challenge in a developing country like Pakistan. The government sector has taken initial steps to eliminate the energy crisis and promoted biogas plants. The primary objective of this study is to explore the satisfied and unsatisfied ratio of farmers who have adopted biogas plants in the country. The sample size was identified through the snowball sampling method. A total of 51 biogas adopters participated in this study. The structured questionnaires were used to collect data through online interviews. The results indicate that 34% of biogas plant respondents were satisfied with their plant feedback. The partially satisfied respondents were 24%, whereas 42% showed unsatisfaction. More than half (58%) of the respondents expressed that biogas plants are in good working conditions; however, 42% of biogas users were unrestrained for several causes. The findings of this study indicate that major maintenance and day-to-day operations of biogas plants are expensive due to lack of skilled operators, untrained or partially trained owners, and unavailability of technicians. The results suggest that the government needs to plan a clear policy, technical support with skilled technicians to biogas plant owners, all through an integrated and coherent way.

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Energy generation and economic growth: empirical evidence from Nigeria

Cited by 10 publications

References 11 publications

The Role of Renewable Energy Generation in Sustainable Economic Growth: The Case of Turkey

The Role of Renewable Energy Generation in Sustainable Economic Growth: The Case of Turkey

Energy Generation and Aggregate Output in Nigeria: Evidence From Nardl

Modeling biogas technology adoption in Pakistan: A way forward for sustainable research of energy

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