Determinants of energy demand in African frontier market economies: An empirical investigation

Since the turn of the twenty-first century, the economic performance of Africa has been remarkable. We identify the key factors driving energy consumption from seven frontier market economies in Africa. More specifically, the role of economic, financial, and trade integrations are explored as the source of overall energy demand. First, we establish cross-sectional dependence and heterogeneity across countries. Second, the long-run elasticities...