The electricity consumption and GDP nexus for the Fiji Islands

Narayan, Paresh Kumar and Singh, Baljeet 2007, The electricity consumption and GDP nexus for the Fiji Islands, Energy economics, vol. 29, no. 6, pp. 1141-1150, doi: 10.1016/j.eneco.2006.05.018.

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Title The electricity consumption and GDP nexus for the Fiji Islands
Author(s) Narayan, Paresh KumarORCID iD for Narayan, Paresh Kumar
Singh, Baljeet
Journal name Energy economics
Volume number 29
Issue number 6
Start page 1141
End page 1150
Total pages 10
Publisher Elsevier
Place of publication Amsterdam, Netherlands
Publication date 2007-11
ISSN 0140-9883
Summary 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.
Language eng
DOI 10.1016/j.eneco.2006.05.018
Field of Research 140212 Macroeconomics (incl Monetary and Fiscal Theory)
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2006, Elsevier
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Document type: Journal Article
Collections: Faculty of Business and Law
School of Accounting, Economics and Finance
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