Journal Articles

Permanent URI for this collectionhttp://localhost:4000/handle/20.500.12504/178

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Browsing Journal Articles by Author "Bagire, Vincent"

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    Modelling renewable energy consumption and economic growth in Uganda
    (International Journal MultiDisciplinary Research, 2024-04) Mutumba, Geoffrey S.; Odong, Tomson; Bagire, Vincent
    Back ground: This study models renewable energy consumption and economic growth, with evidence from Uganda (1982-2018). The hypothesis that explains causality between renewable energy consumption and economic growth follows the growth, conservation, feedback and neutral. Methods: The study uses vector error correction model (VECM) and structural vector auto regression (VAR), within a multivariate data framework. The Pairwise Granger test was specifically used to establish the direction of causality between variables of study. The Johansen co-integration test was carried out to ascertain if there exists a long run relationship between renewable, domestic investment, foreign direct investment and real GDP. Results: The results support the neutral hypothesis between renewable energy consumption and economic growth. Conclusion: The conclusion therefore is a unidirectional relationship running from of renewable energy consumption to economic growth Implications/Relevance/Originality /Value: This paper provides insights into how renewable energy consumption drives economic growth and sustainable development.
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    Renewable and non‑renewable energy consumption and economic growth in Uganda
    (Springer Nature Business & Economics, 2022-06) Mutumba, Geoffrey Ssebabi; Odongo, Tomson; Okurut, Francis Nathan; Bagire, Vincent; Senyonga, Livingstone
    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.