International Journal of Economy, Energy and Environment

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The Influence of Urbanization, Population Age Groups and Trade on Energy Consumption in Nigeria: An Empirical Analysis

Received: 13 July 2018    Accepted: 31 October 2018    Published: 04 December 2018
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Abstract

This study examines the influence of urbanization, population age groups (15-64 and 65 and above) and international trade on energy consumption in Nigeria using ARDL cointegration analysis and the direction of causality between the variables using VECM Granger causality framework over the period 1971-2013. The influence of trade openness and urbanization on energy consumption in the long run is found to be positive and significant. Working (ages, 15-64) and old and retired (ages, 65 and above) population age groups are found to be influencing the level of energy consumption differently. While the size of old and retired population group (ages 65 and above) causes the level of energy consumption to decrease, the size of the working population (ages 15-64) causes the level of energy consumption to increase. These results could be a guide to policy makers in analysing the energy requirements of the Nigerian economy and for appropriate energy policies required to mitigate environmental issues related to the consumption of fossil fuels.

DOI 10.11648/j.ijeee.20180305.11
Published in International Journal of Economy, Energy and Environment (Volume 3, Issue 5, October 2018)
Page(s) 38-44
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

ARDL, Energy Consumption, VECM Granger Causality Framework, Nigeria, Population Age Groups, Trade Openness, Urbanization

References
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Author Information
  • Department of Economics, Abia State University, Uturu, Nigeria

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    Eugene Iheanacho. (2018). The Influence of Urbanization, Population Age Groups and Trade on Energy Consumption in Nigeria: An Empirical Analysis. International Journal of Economy, Energy and Environment, 3(5), 38-44. https://doi.org/10.11648/j.ijeee.20180305.11

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    ACS Style

    Eugene Iheanacho. The Influence of Urbanization, Population Age Groups and Trade on Energy Consumption in Nigeria: An Empirical Analysis. Int. J. Econ. Energy Environ. 2018, 3(5), 38-44. doi: 10.11648/j.ijeee.20180305.11

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    AMA Style

    Eugene Iheanacho. The Influence of Urbanization, Population Age Groups and Trade on Energy Consumption in Nigeria: An Empirical Analysis. Int J Econ Energy Environ. 2018;3(5):38-44. doi: 10.11648/j.ijeee.20180305.11

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  • @article{10.11648/j.ijeee.20180305.11,
      author = {Eugene Iheanacho},
      title = {The Influence of Urbanization, Population Age Groups and Trade on Energy Consumption in Nigeria: An Empirical Analysis},
      journal = {International Journal of Economy, Energy and Environment},
      volume = {3},
      number = {5},
      pages = {38-44},
      doi = {10.11648/j.ijeee.20180305.11},
      url = {https://doi.org/10.11648/j.ijeee.20180305.11},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.ijeee.20180305.11},
      abstract = {This study examines the influence of urbanization, population age groups (15-64 and 65 and above) and international trade on energy consumption in Nigeria using ARDL cointegration analysis and the direction of causality between the variables using VECM Granger causality framework over the period 1971-2013. The influence of trade openness and urbanization on energy consumption in the long run is found to be positive and significant. Working (ages, 15-64) and old and retired (ages, 65 and above) population age groups are found to be influencing the level of energy consumption differently. While the size of old and retired population group (ages 65 and above) causes the level of energy consumption to decrease, the size of the working population (ages 15-64) causes the level of energy consumption to increase. These results could be a guide to policy makers in analysing the energy requirements of the Nigerian economy and for appropriate energy policies required to mitigate environmental issues related to the consumption of fossil fuels.},
     year = {2018}
    }
    

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    AU  - Eugene Iheanacho
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    AB  - This study examines the influence of urbanization, population age groups (15-64 and 65 and above) and international trade on energy consumption in Nigeria using ARDL cointegration analysis and the direction of causality between the variables using VECM Granger causality framework over the period 1971-2013. The influence of trade openness and urbanization on energy consumption in the long run is found to be positive and significant. Working (ages, 15-64) and old and retired (ages, 65 and above) population age groups are found to be influencing the level of energy consumption differently. While the size of old and retired population group (ages 65 and above) causes the level of energy consumption to decrease, the size of the working population (ages 15-64) causes the level of energy consumption to increase. These results could be a guide to policy makers in analysing the energy requirements of the Nigerian economy and for appropriate energy policies required to mitigate environmental issues related to the consumption of fossil fuels.
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