Electricity consumption and economic growth in Ghana: how significant are electricity transmission losses?

IF 2.5 Q3 MANAGEMENT

International Journal of Energy Sector Management Pub Date : 2023-12-14 DOI:10.1108/ijesm-05-2023-0008

Samuel Osei-Gyebi, John Bosco Dramani

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Abstract

Purpose The purpose of this study is to analyze the nonlinear relationship between electricity consumption (EC) and electricity transmission losses (ETL) in Ghana. Also, we examined how ETL moderate the effect of EC on economic growth in Ghana from 1980 to 2021. Design/methodology/approach We used timeseries data from 1980 to 2021 within an autoregressive distributed lag framework to analyze the links among ETL, EC and economic growth in Ghana. Findings Findings show the existence of an asymmetric long-run relationship between EC and ETL. Also, the negative effects of ETL on EC are bigger in the long run. In addition, ETL and EC combine to reduce economic growth, in the long run, providing evidence for the energy-led growth theory in Ghana. Population and inflation were also found to have a significant effect on economic growth in Ghana. Originality/value We examined the nonlinear nexus of EC and ETL, which extant studies have ignored in discussing the link between EC and economic growth. Again, we showed that ETL reduces EC causing a reduction in economic growth.

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加纳的电力消费与经济增长：电力传输损耗的影响有多大？

目的本研究旨在分析加纳电力消费（EC）与电力传输损耗（ETL）之间的非线性关系。我们在自回归分布式滞后框架内使用了 1980 年至 2021 年的时间序列数据，分析了 ETL、EC 和加纳经济增长之间的联系。研究结果研究结果表明，EC 和 ETL 之间存在非对称的长期关系。而且，从长期来看，ETL 对 EC 的负面影响更大。此外，从长期来看，ETL 和 EC 共同降低了经济增长，为加纳的能源主导型增长理论提供了证据。研究还发现，人口和通货膨胀对加纳的经济增长也有显著影响。原创性/价值我们研究了能源消耗和能源使用效率之间的非线性关系，而现有研究在讨论能源消耗和经济增长之间的联系时忽略了这一点。我们再次证明，ETL 会降低 EC，从而导致经济增长下降。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Journal of Energy Sector Management MANAGEMENT-

CiteScore

6.80

自引率

22.60%

发文量

期刊介绍： The International Journal of Energy Sector Management aims to facilitate dissemination of research on issues relating to supply management (covering the entire supply chain of resource finding, extraction, production, treatment, conversion, transportation, distribution and retail supply), demand and usage management, waste management, customer and other stakeholder management, and solutions thereto. The journal covers all forms of energy (non-renewable and renewable), forms of supply (centralised or decentralised), ownership patterns (public or private, cooperative, joint, or any other), market structures (formal, informal, integrated, disintegrated, national, international, local, etc.) and degress of commoditisation (e.g. internationally traded, regionally traded, non-traded, etc.). The journal aims to cover a wide range of subjects relevant to the management of the energy sector, including but not limited to: Management of scarce resources (economic, financial, human and natural), projects, activities and concerns (e.g. regulatory, social and environmental aspects), technologies and knowledge Business strategy, policy and planning as well as decision support systems for energy sector management Business organisation, structure and environment, and changes thereto Globalisation and multi-cultural management Management of innovation, change and transition.