An econometric modelling of government activities-total energy demand nexus for Ghana

Yeboah Asuamah, Samuel (2015): An econometric modelling of government activities-total energy demand nexus for Ghana.

Abstract

The paper modelled both long run and short run effects of government activities on total energy demand in Ghana for the period 1970 to 2011 using Autoregressive Distributed Lag Model (ARDL). The results of the findings indicate significant evidence of cointegration between government activities and total energy demand. The results show that government activities are key explanatory variable in total energy demand. Government activities are recommended as a policy tool to manage energy demand. Further study is worth considering in the area of causality and structural breaks in unit root.

• Item Type: MPRA Paper
• Language: English
• Keywords: Government activities; total energy demand; Long run
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products; P - Economic Systems > P2 - Socialist Systems and Transitional Economies > P28 - Natural Resources ; Energy ; Environment; P - Economic Systems > P4 - Other Economic Systems > P48 - Political Economy ; Legal Institutions ; Property Rights ; Natural Resources ; Energy ; Environment ; Regional Studies; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q4 - Energy > Q42 - Alternative Energy Sources; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q4 - Energy > Q43 - Energy and the Macroeconomy; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q4 - Energy > Q48 - Government Policy

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