Dublin Core
Title
On Nigeria's renewable energy program: Examining the effectiveness, substitution potential, and the impact on national output
Creator
Boqiang Lin, Isaac Ankrah
Description
Considering the objectives of Nigeria's Renewable Energy Program, three basic questions are asked in this study: Can Nigeria really build its economy on renewable energy? Is it possible to substitute nonrenewable energy for renewable energy? What is the impact of renewable energy on the economy? This study primarily analyzes renewable energy development in Nigeria. Among other things, we estimate the economic impact, output elasticity, and the substitution possibilities of both renewable and nonrenewable energies. Our findings, based on a dataset from 1980 to 2015, in the framework of the translog production function, show that capital and labor are the main drivers of output in Nigeria; however, the economic impact of both energy types (renewable and nonrenewable) are insignificant, even though positive. With output and substitution elasticities being positive, this study confirms the possibility of …
Publisher
Pergamon
Date
2019
Source
https://scholar.google.com/citations?view_op=view_citation&hl=en&user=qSyX_i8AAAAJ&citation_for_view=qSyX_i8AAAAJ:qjMakFHDy7sC
Language
English