AHMED FATAHI - Academia.edu (original) (raw)
Uploads
Papers by AHMED FATAHI
Journal of Sustainable Society, May 30, 2013
This paper explores the relationship between electricity supply and economic development in Niger... more This paper explores the relationship between electricity supply and economic development in Nigeria using annual time series data. The paper emphasized the need for the correct specification of the model on the basis of which estimation would be valid. It carries out stationarity, cointegration tests and estimation of the model using ordinary least squares in the context of error correction mechanism (ECM). The results showed that Per Capita GDP, lagged electricity supply, technology and Capital are the significant variables that influence Economic development in Nigeria. One strong outcome of the study is that despite the poor state of electricity supply, it influences economic development in Nigerian but its impact is relatively very low. It is recommended that efforts should be geared towards the improvement of technology and that the various power projects should be completed with state of the art technology as this will ultimately reduce power loss and boost electricity supply vis-à-vis economic development.
This study investigates the dynamic analysis of electricity supply and economic growth in Nigeria... more This study investigates the dynamic analysis of electricity supply and economic growth in Nigeria. The relationship between electricity supplies-which is a sub-division of energy consumption-, has attracted less attention by researchers. This study therefore examines the impact of electricity supply, government expenditure and total primary energy consumption on Gross Domestic Product (GDP) in Nigeria over a period of 31 years, 1984-2014, by using Error correction model (ECM). The study reveals that electricity supply, government expenditure and total primary energy consumption have a positive relationship with Gross Domestic Product (GDP). This implies that more the electricity supplied and consumed the more the growth of GDP The ECM coefficient has a negative and significant value of 0.70, this implies that when shock occur, gross domestic product will return to its long run equilibrium in the first quarter of the succeeding year after the time the shock takes place. Furthermore, the study shows that there is a long-run relationship between electricity supply, government expenditure and total primary energy consumption on Gross Domestic Product. This was confirmed using Johansen Co-integration Test. In addition, the study shows that the bi-directional relationship exist between economic growth and electricity supply, implying that increase in GDP will lead to increase in electricity supply in the and vice versa. The policy implication of the findings is that government policy should be aim at boosting economic activities through increase electricity production and supply. The result demands that more efforts should be geared towards the improvement of electricity generation and transmission technology in Nigeria and the various power projects should be completed with state of the art technology.
Journal of Sustainable Society, May 30, 2013
This paper explores the relationship between electricity supply and economic development in Niger... more This paper explores the relationship between electricity supply and economic development in Nigeria using annual time series data. The paper emphasized the need for the correct specification of the model on the basis of which estimation would be valid. It carries out stationarity, cointegration tests and estimation of the model using ordinary least squares in the context of error correction mechanism (ECM). The results showed that Per Capita GDP, lagged electricity supply, technology and Capital are the significant variables that influence Economic development in Nigeria. One strong outcome of the study is that despite the poor state of electricity supply, it influences economic development in Nigerian but its impact is relatively very low. It is recommended that efforts should be geared towards the improvement of technology and that the various power projects should be completed with state of the art technology as this will ultimately reduce power loss and boost electricity supply vis-à-vis economic development.
This study investigates the dynamic analysis of electricity supply and economic growth in Nigeria... more This study investigates the dynamic analysis of electricity supply and economic growth in Nigeria. The relationship between electricity supplies-which is a sub-division of energy consumption-, has attracted less attention by researchers. This study therefore examines the impact of electricity supply, government expenditure and total primary energy consumption on Gross Domestic Product (GDP) in Nigeria over a period of 31 years, 1984-2014, by using Error correction model (ECM). The study reveals that electricity supply, government expenditure and total primary energy consumption have a positive relationship with Gross Domestic Product (GDP). This implies that more the electricity supplied and consumed the more the growth of GDP The ECM coefficient has a negative and significant value of 0.70, this implies that when shock occur, gross domestic product will return to its long run equilibrium in the first quarter of the succeeding year after the time the shock takes place. Furthermore, the study shows that there is a long-run relationship between electricity supply, government expenditure and total primary energy consumption on Gross Domestic Product. This was confirmed using Johansen Co-integration Test. In addition, the study shows that the bi-directional relationship exist between economic growth and electricity supply, implying that increase in GDP will lead to increase in electricity supply in the and vice versa. The policy implication of the findings is that government policy should be aim at boosting economic activities through increase electricity production and supply. The result demands that more efforts should be geared towards the improvement of electricity generation and transmission technology in Nigeria and the various power projects should be completed with state of the art technology.