Structural Determinants of Energy Consumption in an Importing Country: The Case of Togo
Kuawo- Assan Johnson *
Faculty of Economics and Management Science, University of Kara, P.O.Box 43, Kara, Togo
*Author to whom correspondence should be addressed.
Abstract
In the current changing world, the question of access to energy sources has become a concern for many countries. This article aims to identify the structural determinants of the level of energy consumption in a country heavily depending on imported energy by taking the example of Togo. Econometric estimations show that the energy consumption depends not only on internal factors but also on external ones. Considering the three main energy suppliers of Togo that are Ivory Coast, Ghana and Nigeria, the study shows a negative and significant effect of Ghana's growth on the level of energy consumption of the country. In terms of implications, the results of this study show that Togo should encourage investment in the search for alternative energy sources and work towards the realization of community projects in the energy sector in order to reduce its imports in terms of energy.
Keywords: Energy, energy dependence, energy consumption