University of Tasmania
Browse
135220 - Electricity availability human capital investment.pdf (998.05 kB)

Electricity availability, human capital investment and sustainable economic growth causality in sub Sahara Africa: revisited evidences

Download (998.05 kB)
journal contribution
posted on 2023-05-20, 07:28 authored by Hammed Musibau, Mahmood, S, Ismail, S, Haruna, MA, Khan, MU
The paper examines the impact of electricity availabilities proxy by electricity supply, human capital development and the role of institutional qualities on economic growth in Sub Sahara African countries using a panel data spanning from 1980 to 2016. The study utilized various dynamic panel models (dynamic ordinary least square, DOLS, PMG, DFE and FMOLS) and several panel unit roots model were adopted to check the degree of integration of the variables. Our empirical results found that electricity consumption, electricity availability and control of corruption have a positive impact on economic growth in Sub-Sahara Africa (SSA) countries. However, human capital development has a negatively significant impact on economic growth in SSA countries. A deregulated energy sector is likely to yield smaller net benefits than a regulated market due to nature of African economies due to the level of corruption in the region. We therefore suggest a policy to improving their institutions qualities and build a good political structure to utilities government expenditure on electricity supply and human capital development to ensure economic growth in SSA countries.

History

Publication title

International Journal of Energy Economics and Policy

Volume

9

Issue

6

Pagination

222-233

ISSN

2146-4553

Department/School

TSBE

Publisher

Econjournals

Place of publication

Turkey

Rights statement

Copyright 2019 The Author(s) Licensed under Creative Commons Attribution 4.0 International (CC BY 4.0) https://creativecommons.org/licenses/by/4.0/

Repository Status

  • Open

Socio-economic Objectives

Microeconomics not elsewhere classified

Usage metrics

    University Of Tasmania

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC