The electricity consumption and GDP nexus for the Fiji Islands

Narayan, Paresh Kumar; Singh, Baljeet

doi:10.1016/j.eneco.2006.05.018

Cited by 232 publications

(90 citation statements)

References 28 publications

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“…In the recent literature, we can find cointegration analyses for Jordan (Al-Azzam andHawdon, 1999 andSaed, 2004), Turkey (Lise and Montfort, 2007), Namibia (De Vita et.al, 2006), Iran (Zamani, 2006), China (Wolde-Rufael, 2004, OECD (Al-Rabbaie and Hunt, 2004), Fiji (Narayan and Singh, 2007;Rao and Rao, 2009a & b), Taiwan (Holtedahl and Joutz, 2004) and Malawi (Jumbe, 2004). More details about these studies are summarized in Saed (2004) estimated the long run elasticities of demand for energy in Jordan using the DOLS technique.…”

Section: Overview Of Empirical Studiesmentioning

confidence: 93%

“…They found that in all cases energy output ratios declined by about 26 percent by 2005. Narayan and Singh (2007) examined the relationship between electricity consumption, real GDP and labour force for Fiji for the period 1971-2002. 3 They used ARDL technique and found that there was one cointegrating relationship among the variables when GDP was the endogenous variable.…”

Section: Overview Of Empirical Studiesmentioning

confidence: 99%

“…Recent studies that made significant contribution to the literature are Al-faris (1992), Eltony and Hoque (1996), Mohammad and Eltony (1996), Masih and Masih (1996a & b), Cheng and Lai (1997), Brenton (1997), Diabi (1998), Ghali (1998), Pesaran et.al (1998), Sinton and Fridley (2000), Aqeel and Butt (2001), Hondroyiannis et.al (2002), Soytas and Sari (2003), Fisher-Vanden et.al (2004), Al-Iriani (2006), Wolde-Rufael (2006), Lee (2005), Yoo (2006), Mahadevan and AsafuAdjaye (2007) and Chiou-Wei et.al (2008). However, there are limited empirical studies on the demand for energy for small island states, for example, Fiji with only a few studies (Narayan andSingh, 2007 andRao andRao, 2009a &b). The extensive use of energy in Fiji has useful implications on the growth and development.…”

Section: Introductionmentioning

confidence: 99%

“…While Narayan and Singh (2007) examined electricity consumption, Rao and Rao (2009a & b) examined gasoline demand and energy efficiency, respectively. There are no empirical studies that analysed the total energy demand for Fiji and therefore our study fills this gap by estimating the long run elasticities of energy demand and testing the causality relationship between energy consumption, GDP and energy prices for Fiji over the period 1970-2005. The remainder of the paper is organized as follows: In Section 2, we briefly discuss the trends in growth of energy consumption in Fiji.…”

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

Cointegration and the demand for energy in Fiji

Kumar

2011

IJGEI

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This paper applies alternative time series techniques such as General to Specific (GETS) and Johansen Maximum Likelihood (JML) to estimate the long run income and price elasticities of demand for energy for Fiji. We also test for the causal relationship between energy consumption, GDP and energy prices using the Granger causality tests. Our results imply that there is a uni-directional causality running from GDP to energy consumption.

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Section: Overview Of Empirical Studiesmentioning

confidence: 93%

Section: Overview Of Empirical Studiesmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Cointegration and the demand for energy in Fiji

Kumar

2011

IJGEI

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“…Starting with the seminal study of Kraft and Kraft (1978), the literature has been populated quickly with an extensive number of empirical works, which present inconclusive evidence. Examples of this line of research include Masih and Masih (1996), Yang (2000), Wolde-Rufael (2006), Narayan and Singh (2007), and Narayan et al (2008). Finally, a combined approach of these two approaches has emerged in the recent literature which enables the researchers to conduct the validity of both nexuses in the same framework.…”

Section: A Brief Literature Reviewmentioning

confidence: 99%

An econometric study of CO2 emissions, energy consumption, income and foreign trade in Turkey

2009

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This study attempts to examine empirically dynamic causal relationships between carbon emissions, energy consumption, income, and foreign trade in the case of Turkey using the time series data for the period 1960-2005. This research tests the interrelationship between the variables using the bounds testing to cointegration procedure. The bounds test results indicate that there exist two forms of long-run relationships between the variables. In the case of first form of longrelationship, carbon emissions are determined by energy consumption, income and foreign trade. In the case of second long-run relationship, income is determined by carbon emissions, energy consumption and foreign trade. An augmented form of Granger causality analysis is conducted amongst the variables. The long-run relationship of CO 2 emissions, energy consumption, income and foreign trade equation is also checked for the parameter stability. The empirical results suggest that income is the most significant variable in explaining the carbon emissions in Turkey which is followed by energy consumption and foreign trade. Moreover, there exists a stable carbon emissions function. The results also provide important policy recommendations.

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Biofuel energy consumption‐economic growth relationship: an empirical investigation of Brazil

Al‐mulali

Solarin

Öztürk

2016

Biofuels Bioprod Bioref

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This study investigates the influence of biofuel energy consumption on Brazil's economic growth during the period 1980–2012 by employing the Autoregressive Distributed Lag (ARDL) approach and the vector error correction model (VECM) Granger causality. The results revealed two structural breaks during the early 1980s due to the Latin American debt crisis as well as the early 2000s due to the worries related to the increasing global spreads. Moreover, it was found that economic growth, biofuel energy consumption, capital, urbanization, and globalization are co‐integrated. Additionally, it was found that biofuel energy consumption, capital, urbanization, and globalization increase Brazil's economic growth in the short run and in the long run. However, the two structural breaks have a significant negative influence on economic growth. The vector error correction model Granger causality revealed a feedback causal relationship between all the variables (with the exception of capital). However, a unidirectional causality was concluded from capital to economic growth, biofuel energy consumption, urbanization, and globalization. From the results of this study, a number of policy implications were provided. © 2016 Society of Chemical Industry and John Wiley & Sons, Ltd

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The electricity consumption and GDP nexus for the Fiji Islands

Cited by 232 publications

References 28 publications

Cointegration and the demand for energy in Fiji

Cointegration and the demand for energy in Fiji

An econometric study of CO2 emissions, energy consumption, income and foreign trade in Turkey

Biofuel energy consumption‐economic growth relationship: an empirical investigation of Brazil

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