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Table 4 VAR results.

From: Powering Ghana’s future: unraveling the dynamics of electricity generation and the path to sustainable energy

ppgplit

 

The

 

efosst

 

Gdpgrwt

 

Elresxhdy

 

L.ppgplit

− 0.295

L.ppgplit

− 18.5

L.ppgplit

37.42***

L.ppgplit

− 3.035

L.ppgplit

0.0239***

 

(− 1.19)

 

(− 0.30)

 

− 12.88

 

(− 1.92)

 

− 7.72

L2.ppgplit

0.526

L2.ppgplit

− 2.635

L2.ppgplit

35.11***

L2.ppgplit

− 1.386

L2.ppgplit

0.0184***

 

− 1.81

 

(− 0.04)

 

− 10.34

 

(− 0.75)

 

− 5.06

L.tghe

− 0.000271

L.tghe

0.186

L.tghe

− 0.0579***

L.tghe

0.00265

L.tghe

− 0.0000221*

 

(− 0.31)

 

− 0.86

 

(− 5.74)

 

− 0.48

 

(− 2.05)

L2.tghe

− 0.000152

L2.tghe

0.761***

L2.tghe

− 0.0553***

L2.tghe

0.00561

L2.tghe

− 0.0000441***

 

(− 0.17)

 

− 3.41

 

(− 5.35)

 

− 1

 

(− 3.98)

L.efosst

− 0.00341

L.efosst

1.441

L.efosst

0.392***

L.efosst

0.164**

L.efosst

0.000118

 

(− 0.39)

 

− 0.66

 

− 3.87

 

− 2.97

 

− 1.09

L2.efosst

− 0.00731

L2.efosst

− 2.713

L2.efosst

− 0.157

L2.efosst

0.0409

L2.efosst

0.0000125

 

(− 0.88)

 

(− 1.29)

 

(− 1.61)

 

− 0.77

 

− 0.12

L.gdpgrwt

0.0268

L.gdpgrwt

1.116

L.gdpgrwt

− 0.338

L.gdpgrwt

− 0.242

L.gdpgrwt

− 0.000655*

 

− 1.21

 

− 0.2

 

(− 1.31)

 

(− 1.72)

 

(− 2.37)

L2.gdpgrwt

0.0378

L2.gdpgrwt

2.397

L2.gdpgrwt

0.165

L2.gdpgrwt

− 0.158

L2.gdpgrwt

0.000171

 

− 1.61

 

− 0.4

 

− 0.6

 

(− 1.06)

 

− 0.58

L.elresxhdy

20.64

L.elresxhdy

− 3084.2

L.elresxhdy

− 1167.1***

L.elresxhdy

− 350.5***

L.elresxhdy

0.294

 

− 1.34

 

(− 0.79)

 

(− 6.46)

 

(− 3.57)

 

− 1.52

L2.elresxhdy

− 3.678

L2.elresxhdy

9784.0***

L2.elresxhdy

81.51

L2.elresxhdy

380.5***

L2.elresxhdy

− 0.743***

 

(− 0.32)

 

− 3.38

 

− 0.61

 

− 5.22

 

(− 5.19)

_cons

− 0.0607

_cons

− 4.719

_cons

2.138

_cons

7.635***

_cons

0.00339

 

(− 0.38)

 

(− 0.12)

 

− 1.14

 

− 7.49

 

− 1.69

        

N

18