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Energy Consumption and Manufacturing Industry Performance: Evidence from Panel Data for Low-Income Sub-Sahara African Countries

机译:能源消耗与制造业绩效:来自低收入撒哈拉以南非洲国家的面板数据的证据

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This paper examined the effect of energy consumption, capital and labour on manufacturing industry performance using panel data for the sample of seven low-income sub-Saharan Africa (SSA) countries during the period 1990-2012. The panel cointegration test provided evidence of cointegration among the variables for the seven low income-income SSA countries. The Fully Modified Ordinary Least Square (FMOLS) result indicated that energy consumption and capital formation are positively significant variables in explaining the performance of the manufacturing industry in the seven low-income SSA countries. Conversely, labour was insignificant in explaining manufacturing industry performance. For that, strong energy policy that will enhance efficient and sustainable energy supply should be put in place to enhance energy consumption in SSA countries.
机译:本文使用面板数据对1990年至2012年期间七个撒哈拉以南非洲低收入国家的样本进行了调查,考察了能源消耗,资本和劳动力对制造业绩效的影响。面板协整检验为七个低收入SSA国家的变量之间的协整提供了证据。完全修正的普通最小二乘(FMOLS)结果表明,能耗和资本形成是解释七个低收入撒哈拉以南非洲国家制造业绩效的正变量。相反,劳动在解释制造业绩效方面微不足道。为此,应制定有力的能源政策,以提高效率和可持续的能源供应,以增加SSA国家的能源消耗。

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