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

Eugene Iheanacho

doi:doi:10.11648/j.ijeee.20180305.11

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

Eugene Iheanacho

Published in International Journal of Economy, Energy and Environment (Volume 3, Issue 5)

Received: 13 July 2018 Accepted: 31 October 2018 Published: 4 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.

Published in	International Journal of Economy, Energy and Environment (Volume 3, Issue 5)
DOI	10.11648/j.ijeee.20180305.11
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), 2018. 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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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://article.sciencepublishinggroup.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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TY  - JOUR
T1  - The Influence of Urbanization, Population Age Groups and Trade on Energy Consumption in Nigeria: An Empirical Analysis
AU  - Eugene Iheanacho
Y1  - 2018/12/04
PY  - 2018
N1  - https://doi.org/10.11648/j.ijeee.20180305.11
DO  - 10.11648/j.ijeee.20180305.11
T2  - International Journal of Economy, Energy and Environment
JF  - International Journal of Economy, Energy and Environment
JO  - International Journal of Economy, Energy and Environment
SP  - 38
EP  - 44
PB  - Science Publishing Group
SN  - 2575-5021
UR  - https://doi.org/10.11648/j.ijeee.20180305.11
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.
VL  - 3
IS  - 5
ER  -

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Author Information

Eugene Iheanacho

Department of Economics, Abia State University, Uturu, Nigeria

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Plain Text BibTeX RIS

APA Style

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

Copy | Download

@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://article.sciencepublishinggroup.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}
}

Copy | Download

TY  - JOUR
T1  - The Influence of Urbanization, Population Age Groups and Trade on Energy Consumption in Nigeria: An Empirical Analysis
AU  - Eugene Iheanacho
Y1  - 2018/12/04
PY  - 2018
N1  - https://doi.org/10.11648/j.ijeee.20180305.11
DO  - 10.11648/j.ijeee.20180305.11
T2  - International Journal of Economy, Energy and Environment
JF  - International Journal of Economy, Energy and Environment
JO  - International Journal of Economy, Energy and Environment
SP  - 38
EP  - 44
PB  - Science Publishing Group
SN  - 2575-5021
UR  - https://doi.org/10.11648/j.ijeee.20180305.11
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.
VL  - 3
IS  - 5
ER  -

Copy | Download