Energy consumption and manufacturing sector performance in Sub-Sahara Africa

Although energy consumption contributes immensely to productivity and economic growth, manufacturing sector in Sub-Sahara African (SSA) countries is among the least in terms of energy utilization. The objectives of this study are to investigate the effect of energy consumption on manufacturing pe...

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Main Author:	Aliyu, Dan'maraya Ismaila
Format:	Thesis
Language:	eng eng
Published:	2016
Subjects:	TS155-194 Production management Operations management
Online Access:	https://etd.uum.edu.my/6308/1/s95934_01.pdf https://etd.uum.edu.my/6308/2/s95934_02.pdf
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id	my-uum-etd.6308
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Hassan, Sallahuddin
topic	TS155-194 Production management Operations management TS155-194 Production management Operations management
spellingShingle	TS155-194 Production management Operations management TS155-194 Production management Operations management Aliyu, Dan'maraya Ismaila Energy consumption and manufacturing sector performance in Sub-Sahara Africa
description	Although energy consumption contributes immensely to productivity and economic growth, manufacturing sector in Sub-Sahara African (SSA) countries is among the least in terms of energy utilization. The objectives of this study are to investigate the effect of energy consumption on manufacturing performance in SSA within panel of nine SSA countries from 1995 to 2012, to examine the effect of energy consumption on manufacturing performance for SSA within the time series analysis for the period 1980-2012, to examine the effect of energy consumption on manufacturing performance across income group in SSA using panel analysis and to examine causal relationship between energy consumption and manufacturing performance in SSA. For time series analysis, the study employed Autoregressive Distributive Lag (ARDL) method and Granger-causality test. The result proves cointegration and positive effect of energy consumption on manufacturing performance, but no causality relationship between them. For panel analysis, the study utilized Pedroni panel cointegration, Fully Modified Ordinary Least Square (FMOLS) and Granger-causality test. The result of Pedroni panel cointegration proves the evidence of cointegration among the variables. In addition, the long run coefficients suggest that energy consumption, electricity, fossil energy, capital and labour determine the performance of manufacturing sector. Similarly, the results of Granger-causality test discover bidirectional causality for aggregate energy model, no causality for electricity model and unidirectional causality from manufacturing performance to fossil consumption in SSA. Also, evidence of bidirectional among the energy consumption and manufacturing performance is established for the low-income SSA as the unidirectional causality from manufacturing performance to energy consumption was maintained for the middle-income SSA. In the context of policy implication, the study recommends the implementation of subsidy policies that would enhance energy consumption as energy conservation policy may adversely affect manufacturing performance
format	Thesis
qualification_name	Ph.D.
qualification_level	Doctorate
author	Aliyu, Dan'maraya Ismaila
author_facet	Aliyu, Dan'maraya Ismaila
author_sort	Aliyu, Dan'maraya Ismaila
title	Energy consumption and manufacturing sector performance in Sub-Sahara Africa
title_short	Energy consumption and manufacturing sector performance in Sub-Sahara Africa
title_full	Energy consumption and manufacturing sector performance in Sub-Sahara Africa
title_fullStr	Energy consumption and manufacturing sector performance in Sub-Sahara Africa
title_full_unstemmed	Energy consumption and manufacturing sector performance in Sub-Sahara Africa
title_sort	energy consumption and manufacturing sector performance in sub-sahara africa
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2016
url	https://etd.uum.edu.my/6308/1/s95934_01.pdf https://etd.uum.edu.my/6308/2/s95934_02.pdf
_version_	1747828056310939648
spelling	my-uum-etd.63082021-04-05T01:53:13Z Energy consumption and manufacturing sector performance in Sub-Sahara Africa 2016 Aliyu, Dan'maraya Ismaila Hassan, Sallahuddin Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business TS155-194 Production management. Operations management HD28-70 Management. Industrial Management Although energy consumption contributes immensely to productivity and economic growth, manufacturing sector in Sub-Sahara African (SSA) countries is among the least in terms of energy utilization. The objectives of this study are to investigate the effect of energy consumption on manufacturing performance in SSA within panel of nine SSA countries from 1995 to 2012, to examine the effect of energy consumption on manufacturing performance for SSA within the time series analysis for the period 1980-2012, to examine the effect of energy consumption on manufacturing performance across income group in SSA using panel analysis and to examine causal relationship between energy consumption and manufacturing performance in SSA. For time series analysis, the study employed Autoregressive Distributive Lag (ARDL) method and Granger-causality test. The result proves cointegration and positive effect of energy consumption on manufacturing performance, but no causality relationship between them. For panel analysis, the study utilized Pedroni panel cointegration, Fully Modified Ordinary Least Square (FMOLS) and Granger-causality test. The result of Pedroni panel cointegration proves the evidence of cointegration among the variables. In addition, the long run coefficients suggest that energy consumption, electricity, fossil energy, capital and labour determine the performance of manufacturing sector. Similarly, the results of Granger-causality test discover bidirectional causality for aggregate energy model, no causality for electricity model and unidirectional causality from manufacturing performance to fossil consumption in SSA. Also, evidence of bidirectional among the energy consumption and manufacturing performance is established for the low-income SSA as the unidirectional causality from manufacturing performance to energy consumption was maintained for the middle-income SSA. In the context of policy implication, the study recommends the implementation of subsidy policies that would enhance energy consumption as energy conservation policy may adversely affect manufacturing performance 2016 Thesis https://etd.uum.edu.my/6308/ https://etd.uum.edu.my/6308/1/s95934_01.pdf text eng public https://etd.uum.edu.my/6308/2/s95934_02.pdf text eng public Ph.D. doctoral Universiti Utara Malaysia Acaravci, A., & Ozturk, I. (2010). On the relationship between energy consumption, CO 2 emissions and economic growth in Europe. Energy, 35(12), 5412-5420. Acharya, V. V., Lochstoer, L. A., & Ramadorai, T. (2013). Limits to arbitrage and hedging: Evidence from commodity markets. Journal of Financial Economics, 109(2), 441-465. Agénor, P. R. (2004). The Economics of Adjustment and Growth. La Editorial, UPR. Ahmed, M., & Azam, M. (2016). Causal nexus between energy consumption and economic growth for high, middle and low income countries using frequency domain analysis. 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