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ELECTRICITY CONSUMPTION, GOVERNMENT EXPENDITURE AND SUSTAINABLE DEVELOPMENT IN NIGERIA: A CO-INTEGRATION APPROACH

The government incurs both capital and recurrent expenditures so as to bring about the development of the Nigerian economy. Coupled with this is the fact that electricity power plays an important role in ensuring that aggregate output increases and the welfare of the people is affected positively. This study sets out to examine the long run relationship between electricity consumption, government expenditure and sustainable development in Nigeria employing the Johansen co-integration, Vector Error Correction Mechanism (VECM) and Granger causality estimation techniques. Secondary data were obta…

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    SHA-256 83437956992bb72e5ce0eebd5d8f8c59be8b52a20b296f9f4e330b4175ea07de
    from http://eprints.lmu.edu.ng/2507/1/Electricity%20Consumption%2C%20Govt%20Exp%20and%20Sustainable%20Development.pdf