Impact of energy use on economic growth: the case of Zimbabwe (2010-2020)

Author

Madzikatire, Nigel S.

Title

Impact of energy use on economic growth: the case of Zimbabwe (2010-2020)

Abstract

This study used time series data covering the years 2010–2020 to examine the relationship between energy use and economic growth in Zimbabwe. Data analysis has used the limits testing approach of Pesaran et al. (2001), which does not require pretesting of variables for unit root and its related error correction model. The results demonstrate the cointegration of energy consumption and economic growth, demonstrating that energy use is a Granger cause of economic expansion. It was discovered that increasing current energy use increased Zimbabwe's economic growth more than proportionally. To boost economic growth, policy actions that support energy generation and use are advised.

Date

June 2023

Publisher

BUSE

Keywords

Energy use,

Economic growth.

Supervisor

N/A