Browsing by Author "Biliqees Ayoola Abdulmumin"

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    Modelling Aggregate Energy Consumption for Growth in Nigeria
    (International Journal of Energy Economics and Policy, 2022) Ahmed Oluwatobi Adekunle; Biliqees Ayoola Abdulmumin; Joseph Olorunfemi Akande; Kehinde Gabriel Ajose
    The principal aims of this study is to modelled the connection of Aggregate energy consumption for growth in Nigeria. Annual time series data is used, ranging from 1985 to 2020. The study employed ARDL, Toda and Yamamoto approach in examining connection between the variables. The ARDL results with additional stability test shows that short and long run connection exists among the examined variables. The Toda and Yamamoto test reveals unidirectional causalities running among the variables. Furthermore, change in GDP stimulate further consumption of energy in Nigeria.
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    Modelling the nexus between finance, government revenue, institutional quality and sustainable energy supply in West Africa
    (Journal of Economic Structures, 2024) Kayode David Kolawole; Biliqees Ayoola Abdulmumin; Gizem Uzuner; Oluwagbenga Abayomi Seyingbo; Lukman Adebayo-Oke Abdulrauf
    The present study examined the relationship between finance, government revenue, institutional quality and sustainable energy supply in West Africa countries over annual frequency period from 2012 to 2020. To achieve the outlined nexus between study variables, the present study leverages on a battery of panel analysis for robust inferences. The econometric estimators employed are panel random effect regression, generalized method of moment technique. Furthermore, panel Granger causality test is utilized to analyze the direction of flow among the variables for the study. Empirical results revealed that financial development is a significant determinant of energy supply in West Africa countries while a negligible effect was reported for institutional quality and sustainable energy supply. Thus, the present study concludes that finance from financial sector is important in ensuring sufficient energy supply. To this end, this study therefore, recommends that incentives should be given to financial institutions that fund energy generation and transmission as financial development is seen to be significant on energy supply.