Modelling Aggregate Energy Consumption for Growth in Nigeria
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Date
2022
Journal Title
Journal ISSN
Volume Title
Publisher
International Journal of Energy Economics and Policy
Abstract
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.