详细信息
Implications of shocks in energy consumption for energy policy in sub-Saharan Africa ( EI收录)
文献类型:期刊文献
英文题名:Implications of shocks in energy consumption for energy policy in sub-Saharan Africa
作者:Omoju, Oluwasola E.[1,2];Li, Jinkai[1,3];Zhang, Jin[4];Rauf, Abdul[1];Sosoo, Victor Edem[5]
第一作者:Omoju, Oluwasola E.
通讯作者:Li, JK[1]
机构:[1]Zhengzhou Univ, Ctr Energy Environm & Econ Res, Zhengzhou 450001, Henan, Peoples R China;[2]Natl Inst Legislat & Democrat Studies, Dept Res & Training, Abuja, Fct, Nigeria;[3]Henan Univ Econ & Law, Inst Sustainable Dev, Zhengzhou, Henan, Peoples R China;[4]Tsinghua Univ, Sch Publ Policy & Management, Beijing, Peoples R China;[5]Xiamen Univ, Wang Yanan Inst Studies Econ WISE, Xiamen, Fujian, Peoples R China
第一机构:Zhengzhou Univ, Ctr Energy Environm & Econ Res, Zhengzhou 450001, Henan, Peoples R China
通讯机构:[1]corresponding author), Zhengzhou Univ, Ctr Energy Environm & Econ Res, Zhengzhou 450001, Henan, Peoples R China.
年份:2020
卷号:31
期号:6
起止页码:1077-1097
外文期刊名:ENERGY & ENVIRONMENT
收录:;EI(收录号:20194807734305);Scopus(收录号:2-s2.0-85075361327);WOS:【SSCI(收录号:WOS:000499742100001)】;
基金:The authors disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: This work was supported by the China's State Grid Science and Technology Research Project (Grant No. SGFJJY00GHJS1900003).
语种:英文
外文关键词:Shocks; energy consumption; structural breaks; stationarity test; sub-Saharan Africa
摘要:Sub-Saharan Africa has the lowest energy consumption per capita in the world, and this has undermined socioeconomic development in the region. The stationarity of energy consumption in the region has important implications for energy policy, forecasting and macroeconomic developments. This paper investigates the stationarity properties of energy consumption in 48 sub-Saharan Africa countries using the Augment Dickey-Fuller, Zivot-Andrews, Clemente-Montanes-Reyes and Lee-Strazicich LM tests. Using the Lee-Strazicich LM test as a benchmark, the study shows that energy consumption is stationary in 41 countries. This implies that energy policy makers should not be concerned about shocks in energy consumption in these countries because the shocks will be temporary and not transmitted to the macroeconomy. Also, energy policies will not have long-term effects. Policies that exert one-time temporary shocks on energy consumption would be more effective in these countries.
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