Population Dynamics, Energy Consumption and Economic
Growth in Nigeria

Ezebunwa Justice; Leera Kpapih; Young Geoffrey

Population Dynamics, Energy Consumption and Economic Growth in Nigeria

Ezebunwa Justice, Leera Kpapih and Young Geoffrey

Abstract

This paper assessed the nexus between population dynamics, energy consumption and economic growth in Nigeria spanning from 1989 to 2020. The empirical paper employed a Granger causality examination test and vector error correction estimation technique. The Granger causality tests found that there is unidirectional interconnection arising from gross domestic product (GDP), energy consumption (ENEG), mortality rate (MORT), and fertility rate (FERT), which turns optimistically to economic growth in Nigeria influences. Also, the VECM technique exposed that the independent variables have undesirable but no substantial influence on GDP within the period of study. Further more, the empirical study recommends that the Nigerian authority be notified to make straight efforts to control Nigeria's disturbing fertility rate.

Keywords

Population dynamicsEnergy Consumption and Economic Growth

References

Abdulrazaq, I. (2020), Effects of Energy Consumption, Economic Growth and Population Growth on Carbon Dioxide Emissions: A Dynamic Approach for African Economies (1990-2011). Georgia: MRPA Paper No. 97598. AFDB (2020), Nigeria Economic Outlook 2020, Ab idjan (Cote d?lvoire), African Development Bank, www, afdb.org Agwanda, A and Amani, H (2014), Population growth, structure and momentum in Tanzania, Background paper no. 7, The Economic and Social Research Foundation (ESRF) Bashir U. F, and Abubakar A., (2019), Net Population Growth and Economic Growth in Nigeria: An Autoregressive Distributed Lag (ARDL) Model Approach, East African Scholars Journal of Economics, Business and Management, Abbreviated Key Title: East African Scholars J Econ Bus Manag, ISSN 2617-4464 (Print) | ISSN 2617-7269 (Online) | Published By East African Scholars Publisher, Kenya

Population Dynamics, Energy Consumption and Economic Growth in Nigeria

Abstract

Keywords

References

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