Publication date: 2017, December
Author: Emily Banda
Description: In this study, the causal relationship between electricity consumption, economic growth, and employment for Zambia from 1974 to 2016 is examined using the cointegration techniques, Vector Error Correction Model (VECM) and Impulse Response Function (IRF). From our trivariate model, our results establish with new evidence the existence of cointegration amongst the variables. The results indicate the presence of a long-run cointegration relationship between economic growth, employment rate and electricity consumption in Zambia.
