2022
DOI: 10.32479/ijeep.12542
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Consumption and Supply of Electricity on Economic Growth in South Africa: An Econometric Approach

Abstract: This study investigates the relationship between electricity consumption and electricity supply on economic growth in South Africa for the period spanning from 1971 to 2014. The importance of this study is to reveal the short run and long run impact of electricity consumption and electricity supply on economic growth in South Africa. The study borrowed annual time series data from the World Bank online secondary source for the period from 1971 to 2014. Empirical results revealed a positive statistically signif… Show more

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Cited by 8 publications
(13 citation statements)
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References 17 publications
(24 reference statements)
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“…However, a 1% increase in renewable electricity consumption in the short run will insignificantly result in economic growth declining by 0.47%, ceteris paribus. These results are consistent with the studies of Stungwa et al (2022), Ha and Ngoc (2021) and Shahbaz (2015). These results entail that renewable electricity consumption has not been able to boost economic growth in the short run in both countries.…”
Section: Results and Intepretationssupporting
confidence: 91%
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“…However, a 1% increase in renewable electricity consumption in the short run will insignificantly result in economic growth declining by 0.47%, ceteris paribus. These results are consistent with the studies of Stungwa et al (2022), Ha and Ngoc (2021) and Shahbaz (2015). These results entail that renewable electricity consumption has not been able to boost economic growth in the short run in both countries.…”
Section: Results and Intepretationssupporting
confidence: 91%
“…A 1% increase in renewable electricity consumption in the long run in South Africa significantly result in economic growth declining by 0.63%, ceteris paribus. These results are inconsistent with the study of Khobai and Le Roux (2017) and Stungwa et al (2022). However, a 1% increase in renewable electricity consumption in Zimbabwe in the long run insignificantly result in economic and Khobai and Le Roux (2017).…”
Section: Results and Intepretationscontrasting
confidence: 80%
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