Renewable and non‑renewable energy consumption and economic growth in Uganda
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Date
2022-06Author
Mutumba, Geoffrey Ssebabi
Odongo, Tomson
Okurut, Francis Nathan
Bagire, Vincent
Senyonga, Livingstone
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Show full item recordAbstract
This study investigates the effect of renewable energy and non-renewable consump-
tion 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 con-
sumption 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.