The Causal Relationship between Energy Consumption, Economic Growth, Oil Price, Exports and Imports: Evidence from Nigeria and Ethiopia
碩士 === 中國文化大學 === 國際企業管理學系 === 103 === ABSTRACT The purpose of this study is to explore relationships among energy consumption (EC), real gross domestic product (GDP), Oil Price (WTOILP), export (EXP) and import (IM) for Nigeria and Ethiopia. This study is interesting in the sense that Nigeria and...
Main Authors: | , |
---|---|
Other Authors: | |
Format: | Others |
Language: | en_US |
Published: |
2015
|
Online Access: | http://ndltd.ncl.edu.tw/handle/a2qhgu |
id |
ndltd-TW-103PCCU0321005 |
---|---|
record_format |
oai_dc |
spelling |
ndltd-TW-103PCCU03210052019-05-15T21:51:45Z http://ndltd.ncl.edu.tw/handle/a2qhgu The Causal Relationship between Energy Consumption, Economic Growth, Oil Price, Exports and Imports: Evidence from Nigeria and Ethiopia 能源消耗、經濟成長、原油價格、進口及出口之因果關係:以奈及利亞和衣索比亞為例 Ibrahim, Victor Mainasara 維克立 碩士 中國文化大學 國際企業管理學系 103 ABSTRACT The purpose of this study is to explore relationships among energy consumption (EC), real gross domestic product (GDP), Oil Price (WTOILP), export (EXP) and import (IM) for Nigeria and Ethiopia. This study is interesting in the sense that Nigeria and Ethiopia are currently one of the fasted growing economics and largest population in Africa, but still endure energy problems. The data are collected at the yearly interval from the World Bank, IMF, EIA, spanning from 1980 to 2012. Time series techniques especially Granger causality test, Johansen test, Cointegration, and VAR were utilized to test the causal relationships. In Nigeria, there is a bidirectional causality between energy consumption and GDP for both Nigeria. There is a unidirectional causalities running from Oil price to energy consumption, energy consumption to exports, GDP to oil price. In Ethiopia, there is a bidirectional causality between energy consumption and GDP. There is also a unidirectional causal relationship running from import to export, energy to imports. After reviewing the results, the author suggests specific policies. Key words: energy consumption, gross domestic product, oil price, import, export, Granger causality, Johansen, Cointegration, VAR Chang, Chi-Ya 張琦雅 2015 學位論文 ; thesis 90 en_US |
collection |
NDLTD |
language |
en_US |
format |
Others
|
sources |
NDLTD |
description |
碩士 === 中國文化大學 === 國際企業管理學系 === 103 === ABSTRACT
The purpose of this study is to explore relationships among energy consumption (EC), real gross domestic product (GDP), Oil Price (WTOILP), export (EXP) and import (IM) for Nigeria and Ethiopia. This study is interesting in the sense that Nigeria and Ethiopia are currently one of the fasted growing economics and largest population in Africa, but still endure energy problems. The data are collected at the yearly interval from the World Bank, IMF, EIA, spanning from 1980 to 2012. Time series techniques especially Granger causality test, Johansen test, Cointegration, and VAR were utilized to test the causal relationships. In Nigeria, there is a bidirectional causality between energy consumption and GDP for both Nigeria. There is a unidirectional causalities running from Oil price to energy consumption, energy consumption to exports, GDP to oil price. In Ethiopia, there is a bidirectional causality between energy consumption and GDP. There is also a unidirectional causal relationship running from import to export, energy to imports. After reviewing the results, the author suggests specific policies.
Key words: energy consumption, gross domestic product, oil price, import, export, Granger causality, Johansen, Cointegration, VAR
|
author2 |
Chang, Chi-Ya |
author_facet |
Chang, Chi-Ya Ibrahim, Victor Mainasara 維克立 |
author |
Ibrahim, Victor Mainasara 維克立 |
spellingShingle |
Ibrahim, Victor Mainasara 維克立 The Causal Relationship between Energy Consumption, Economic Growth, Oil Price, Exports and Imports: Evidence from Nigeria and Ethiopia |
author_sort |
Ibrahim, Victor Mainasara |
title |
The Causal Relationship between Energy Consumption, Economic Growth, Oil Price, Exports and Imports: Evidence from Nigeria and Ethiopia |
title_short |
The Causal Relationship between Energy Consumption, Economic Growth, Oil Price, Exports and Imports: Evidence from Nigeria and Ethiopia |
title_full |
The Causal Relationship between Energy Consumption, Economic Growth, Oil Price, Exports and Imports: Evidence from Nigeria and Ethiopia |
title_fullStr |
The Causal Relationship between Energy Consumption, Economic Growth, Oil Price, Exports and Imports: Evidence from Nigeria and Ethiopia |
title_full_unstemmed |
The Causal Relationship between Energy Consumption, Economic Growth, Oil Price, Exports and Imports: Evidence from Nigeria and Ethiopia |
title_sort |
causal relationship between energy consumption, economic growth, oil price, exports and imports: evidence from nigeria and ethiopia |
publishDate |
2015 |
url |
http://ndltd.ncl.edu.tw/handle/a2qhgu |
work_keys_str_mv |
AT ibrahimvictormainasara thecausalrelationshipbetweenenergyconsumptioneconomicgrowthoilpriceexportsandimportsevidencefromnigeriaandethiopia AT wéikèlì thecausalrelationshipbetweenenergyconsumptioneconomicgrowthoilpriceexportsandimportsevidencefromnigeriaandethiopia AT ibrahimvictormainasara néngyuánxiāohàojīngjìchéngzhǎngyuányóujiàgéjìnkǒujíchūkǒuzhīyīnguǒguānxìyǐnàijílìyàhéyīsuǒbǐyàwèilì AT wéikèlì néngyuánxiāohàojīngjìchéngzhǎngyuányóujiàgéjìnkǒujíchūkǒuzhīyīnguǒguānxìyǐnàijílìyàhéyīsuǒbǐyàwèilì AT ibrahimvictormainasara causalrelationshipbetweenenergyconsumptioneconomicgrowthoilpriceexportsandimportsevidencefromnigeriaandethiopia AT wéikèlì causalrelationshipbetweenenergyconsumptioneconomicgrowthoilpriceexportsandimportsevidencefromnigeriaandethiopia |
_version_ |
1719120981258141696 |