International records / OpenAlex research

The relationship between energy consumption and national income of Nigeria

The purpose of this paper is to examine the causal relationship between energy consumption and National income of Nigeria. The importance of identifying the direction of causality emanates from its relevance in national policy-making issues regarding energy conservation. There are various evidences indicating some level of relation between national income and energy consumption of many countries: developed, developing, and third world alike. A relation that energy consumption enhances national income has been documented by Rakhshan for Canada, China, Japan (poor positive relation due to its ef…