Electricity Trade and Economic Growth in South Africa
The study investigates the relationship between electricity trade and economic growth in South Africa. The study utilised time series data spanning from 1985 to 2022 collected from secondary sources like the Quantec. The study employed DF-GLS and KPSS unit root, ARDL Bounds cointegration test, ARDL...
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| Format: | Article |
| Language: | English |
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EconJournals
2023-09-01
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| Series: | International Journal of Energy Economics and Policy |
| Subjects: | |
| Online Access: | http://econjournals.com/index.php/ijeep/article/view/14722 |
| _version_ | 1797658155902042112 |
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| author | Nyiko Worship Hlongwane Olebogeng David Daw |
| author_facet | Nyiko Worship Hlongwane Olebogeng David Daw |
| author_sort | Nyiko Worship Hlongwane |
| collection | DOAJ |
| description |
The study investigates the relationship between electricity trade and economic growth in South Africa. The study utilised time series data spanning from 1985 to 2022 collected from secondary sources like the Quantec. The study employed DF-GLS and KPSS unit root, ARDL Bounds cointegration test, ARDL ECM model, Granger causality and residual diagnostics tests. The study discovered the presence of short and long run negative relationships between electricity trade and economic growth in South Africa. The Granger causality revealed unidirectional causality running from economic growth to electricity generation in South Africa. The study recommends the reduction of electricity trade to boost economic growth in South Africa for the period understudy. The study further makes the following recommendations, in future the studies should consider investigating electricity infrastructure and economic growth in South Africa utilising either time series or panel data analysis.
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| first_indexed | 2024-03-11T17:55:02Z |
| format | Article |
| id | doaj.art-6968ff3a6dd64438a40870fb68ad8907 |
| institution | Directory Open Access Journal |
| issn | 2146-4553 |
| language | English |
| last_indexed | 2024-03-11T17:55:02Z |
| publishDate | 2023-09-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Energy Economics and Policy |
| spelling | doaj.art-6968ff3a6dd64438a40870fb68ad89072023-10-17T14:39:16ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532023-09-0113510.32479/ijeep.14722Electricity Trade and Economic Growth in South AfricaNyiko Worship Hlongwane0Olebogeng David Daw1School of Economics, North-West University, South Africa.School of Economics, North-West University, South Africa. The study investigates the relationship between electricity trade and economic growth in South Africa. The study utilised time series data spanning from 1985 to 2022 collected from secondary sources like the Quantec. The study employed DF-GLS and KPSS unit root, ARDL Bounds cointegration test, ARDL ECM model, Granger causality and residual diagnostics tests. The study discovered the presence of short and long run negative relationships between electricity trade and economic growth in South Africa. The Granger causality revealed unidirectional causality running from economic growth to electricity generation in South Africa. The study recommends the reduction of electricity trade to boost economic growth in South Africa for the period understudy. The study further makes the following recommendations, in future the studies should consider investigating electricity infrastructure and economic growth in South Africa utilising either time series or panel data analysis. http://econjournals.com/index.php/ijeep/article/view/14722Electricity TradeEconomic GrowthARDL ModelGranger CausalitySouth Africa |
| spellingShingle | Nyiko Worship Hlongwane Olebogeng David Daw Electricity Trade and Economic Growth in South Africa International Journal of Energy Economics and Policy Electricity Trade Economic Growth ARDL Model Granger Causality South Africa |
| title | Electricity Trade and Economic Growth in South Africa |
| title_full | Electricity Trade and Economic Growth in South Africa |
| title_fullStr | Electricity Trade and Economic Growth in South Africa |
| title_full_unstemmed | Electricity Trade and Economic Growth in South Africa |
| title_short | Electricity Trade and Economic Growth in South Africa |
| title_sort | electricity trade and economic growth in south africa |
| topic | Electricity Trade Economic Growth ARDL Model Granger Causality South Africa |
| url | http://econjournals.com/index.php/ijeep/article/view/14722 |
| work_keys_str_mv | AT nyikoworshiphlongwane electricitytradeandeconomicgrowthinsouthafrica AT olebogengdaviddaw electricitytradeandeconomicgrowthinsouthafrica |