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The electricity consumption and GDP nexus for the Fiji Islands

journal contribution
posted on 2007-11-01, 00:00 authored by Paresh Narayan, B Singh
Fiji is a small open island economy dependent on energy for its growth and development; hence, the relationship between energy consumption and economic growth is crucial for Fiji's development. In this paper, we investigate the nexus between electricity consumption and economic growth for Fiji within a multivariate framework through including the labour force variable. We use the bounds testing approach to cointegration and find that electricity consumption, GDP and labour force are only cointegrated when GDP is the endogenous variable. We use the Granger causality F-test and find that in the long-run causality runs from electricity consumption and labour force to GDP, implying that Fiji is an energy dependent country and thus energy conservation policies will have an adverse effect on Fiji's economic growth.

History

Journal

Energy economics

Volume

29

Issue

6

Pagination

1141 - 1150

Publisher

Elsevier

Location

Amsterdam, Netherlands

ISSN

0140-9883

eISSN

1873-6181

Language

eng

Publication classification

C1.1 Refereed article in a scholarly journal

Copyright notice

2006, Elsevier

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