Energy Demand and Manufacturing Value-Added in Some Selected Sub-Saharan African Countries: a Translog Function Approach

Simple item page
dc.contributor.authorAjide, K. B.
dc.date.accessioned2017-10-20T11:32:17Z
dc.date.available2017-10-20T11:32:17Z
dc.date.issued2016
dc.descriptionFull text attacheden_US
dc.description.abstractThis study investigated the impact of the energy demand on manufacturing value-added in some selected Sub-Saharan Africa (SSA) countries. It adopted the production theory but augmented with energy demand as an input into the production function. In order to empirically determine the impact of production inputs (energy demand, capital, and labour) on manufacturing value-added, a Translog production function was specified in which a static panel estimation technique (pooled, fixed and random effect model) was adopted. The result reveals that the impact of energy demand and labour on the manufacturing value-added in the selected SSA countries appeared positive and significant while capital has an insignificant impact. However, the interaction of energy with each of labour and capital has a positive significant impact on SSA manufacturing value-added. Thus, oil-producing countries in SSA, (like Nigeria) should make effort to refine their oil locally, rather than selling crude oil and importing refined petroleum products, which are most times not cost effective. The manufacturing industries should equally seek more efficient sources of energy (solar, converter, etc.) for their productions.en_US
dc.identifier.citationAjide, K. B. (2016), Energy Demand and Manufacturing Value-Added in Some Selected Sub-Saharan African Countries: a Translog Function Approach. Nigeria's Industrial Development, Corporate Governance and Public Policy. 203-218en_US
dc.identifier.isbn978-978-54351-3-9
dc.identifier.urihttp://ir.unilag.edu.ng:8080/xmlui/handle/123456789/2441
dc.language.isoenen_US
dc.publisherUniversity of Lagos Press and Bookshop Ltden_US
dc.relation.ispartofseriesStaff Publications;978-978-54351-3-9
dc.subjectTranslog Production Function,en_US
dc.subjectSub-Saharan Africa Regionen_US
dc.subjectEnergy demanden_US
dc.titleEnergy Demand and Manufacturing Value-Added in Some Selected Sub-Saharan African Countries: a Translog Function Approachen_US
dc.typeBook chapteren_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
ENERGY DEMAND AND MANUFACTURING VALUE-SAHHARAN IN SOME SELECTED SUB-SAHARAN AFRICAN COUNTRIES.pdf
Size:
9.11 MB
Format:
Adobe Portable Document Format
Description:
Full text
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Economics-Scholarly Publications