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Renewable and non-renewable energy consumption and economic growth in Uganda

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Abstract

This study investigates the effect of renewable energy and non-renewable consumption on Uganda’s economic growth in the period between 1990 and 2015. The major objective of this study is to ascertain whether there exist a credible relationship between renewable and non-renewable energy on Uganda’s economic growth in the period under the review.The study uses auto regressive distributed lag and Granger Wald test to investigate the the causal relationship between renewable and non-renewable energy consumption on Uganda’s economic growth in the period under the review. The Results in this study indicate that there exist a positive relationship between non-renewable energy consumption and Uganda’s economic growth in the short run, while there exist a negative relationship between renewable energy consumption and Uganda’s economic growth in the period under review. This study indicates that more empahasis should be put on the exploitation of non-renewable energy consumption in Uganda as it leads to more economic growth in the country.

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Authors and Affiliations

  1. Department of Economics and Statistics, Kyambogo University, Kampala, Uganda

    Geoffrey Ssebabi Mutumba, Tomson Odongo & Francis Nathan Okurut

  2. Department of Economics , Makerere University Business School, Kampala, Uganda

    Geoffrey Ssebabi Mutumba

  3. Department of Business Adminstration, Makerere University Business School, Kampala, Uganda

    Vincent Bagire

  4. Department of Management Science, Makerere University Business School, Kampala, Uganda

    Livingstone Senyonga

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  1. Geoffrey Ssebabi Mutumba
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Mutumba, G.S., Odongo, T., Okurut, F.N. et al. Renewable and non-renewable energy consumption and economic growth in Uganda. SN Bus Econ 2, 63 (2022). https://doi.org/10.1007/s43546-022-00220-7

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