Working Paper
Energy Use and Economic Growth in Africa: A Panel Granger-Causality Investigation
Mohamed El Hedi Arouri, Adel Ben Youssef, Hatem M'Henni, Christophe Rault
CESifo, Munich, 2014
CESifo Working Paper No. 4844
CESifo, Munich, 2014
CESifo Working Paper No. 4844
We make use of a bootstrap panel analysis of causality between energy use and economic growth for a sample of sixteen African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa. However, African countries are heterogeneous and there is no “one way” recommendation about energy-growth relationship that may work for all countries in Africa.
CESifo Category
Energy and Climate Economics
Energy and Climate Economics
Keywords: energy use, growth, VAR
JEL Classification: Q430, Q530, Q560