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The Relationship Between Electricity Consumption, Trade, and Economic Growth in Nigeria

Year: 2024

Type: article

Abstract: The study examines the relationship between electricity consumption, trade, and economic growth in Nigeria. The results show that increased electricity consumption positively impacts economic growth in both the short and long run. Foreign direct investment (FDI) also has a positive and significant effect, indicating that higher FDI leads to long-term economic growth. Trade openness was found to contribute to environmental growth. The study recommends that policymakers strengthen the manufacturing sector to better harness the benefits of trade openness and reduce its negative impacts

Source: International Journal of Southern Economic Light

DOI: 10.36713/epra18560

Author: Kolawole Omolara

Institution: Ekiti State University

Language: English

Topic: Energy, Environment, Economic Growth

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W4403052028

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Related to: 10