Data for: Electricity consumption and economic growth in Nigeria: A revisit of the energy-growth debate

Abstract of associated article: This paper examines the dynamic causal linkages between electricity consumption and economic growth in Nigeria within a trivariate VECM, for the period 1971–2011. The paper obviates the variable omission bias, and the use of cross-sectional techniques that characterise most existing studies. The results show that there is a distinct causal flow from electricity consumption to economic growth: both in the short run and in the long run. This finding supports the electricity-led growth hypothesis that has been conjectured in the literature. The paper urges policy-makers in Nigeria to implement policies which enhance the generation and consumption of electricity in order to engineer economic growth. Appropriate monetary policies must also be put in place, in order to moderate inflation, thus enhancing growth.

相关研究论文摘要：本文基于三元向量误差修正模型（VECM），考察了1971年至2011年尼日利亚电力消费与经济增长之间的动态因果关联。本文规避了变量遗漏偏差，同时未沿用多数已有研究所采用的横截面分析方法。研究结果表明，无论短期还是长期，均存在明确的电力消费到经济增长的因果流向，该发现印证了学界已有文献中提出的电力驱动增长假说。本文呼吁尼日利亚政策制定者出台政策，提升电力生产与消费规模以推动经济增长；同时需制定恰当的货币政策以平抑通胀，进而助力经济增长。

搜集汇总

背景与挑战

背景概述

该数据集是尼日利亚1971-2011年电力消费与经济增长关系的实证研究数据，包含时间序列数据和R分析脚本，用于支持论文中关于电力消费驱动经济增长的假设，属于经济学领域。数据集主要用于验证能源增长辩论，并呼吁政策干预以促进电力发展。