Does Domestic Energy Consumption Contribute to Exports? Empirical Evidence From Nigeria.


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Authors

  • Chibueze Eze Nnaji National Centre for Energy Research and Development, University of Nigeria, Nsukka.
  • Jude O. Chukwu University of Nigeria,Nsukka
  • Moses Nnaji National Centre for Energy Research and Development, University of Nigeria, Nsukka.

Abstract

This paper examined the existence of interaction between domestic energy consumption and exports in Nigeria by using annual data from 1970 to 2009. We applied cointegration, Granger causality and impulse response functions to capture the relationship. The empirical results indicate that there is significant relationship between domestic energy consumption and exports in the long run. Granger causality tests showed that there is unidirectional causality running from energy consumption to exports. Impulse response functions indicate that shocks to the energy consumption have a positive impact on exports in the longrun. Likewise, expansions on exports were positively related to energy consumption. Therefore, significant improvement in energy production and utilization is expected to stimulate exports and engender economic growth in Nigeria. Keywords: Energy; domestic energy consumption; exports; cointegration; causality; Nigeria JEL Classifications: C32; Q40; Q43  

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Author Biographies

Chibueze Eze Nnaji, National Centre for Energy Research and Development, University of Nigeria, Nsukka.

Research Fellow II, Energy Management and Environment, Unit

Jude O. Chukwu, University of Nigeria,Nsukka

Lecturer ll, Department of Economics

Moses Nnaji, National Centre for Energy Research and Development, University of Nigeria, Nsukka.

Research Fellow ll, energy management and Environment Unit

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Published

2013-06-18

How to Cite

Nnaji, C. E., Chukwu, J. O., & Nnaji, M. (2013). Does Domestic Energy Consumption Contribute to Exports? Empirical Evidence From Nigeria. International Journal of Energy Economics and Policy, 3(3), 297–306. Retrieved from https://www.econjournals.com/index.php/ijeep/article/view/466

Issue

Vol. 3 No. 3 (2013)

Section

Articles

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