Carbon Dioxide Emissions from Electricity Power Generation and Economic Growth in South Africa
This study analyses the relationship between CO2 emissions from electricity generation and economic growth in South Africa. The study utilises annual time series data spanning for the period from 1971 to 2014 sourced from the World Bank. The study employs a Vector Error Correction Model (VECM) to an...
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| Format: | Article |
| Language: | English |
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EconJournals
2022-01-01
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| Series: | International Journal of Energy Economics and Policy |
| Subjects: | |
| Online Access: | https://econjournals.com/index.php/ijeep/article/view/12540 |
| _version_ | 1797913630104092672 |
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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 | This study analyses the relationship between CO2 emissions from electricity generation and economic growth in South Africa. The study utilises annual time series data spanning for the period from 1971 to 2014 sourced from the World Bank. The study employs a Vector Error Correction Model (VECM) to analyse the short run and long run relationships. Empirical results revealed that there is a negative statistically insignificant short run relationship and long run negative statistically significant relationship between CO2 emissions and economic growth in South Africa. The Granger causality results revealed noncausal relationship between CO2 and economic growth. The policy implication of this study is that Eskom and policy makers must propose and implement policies aimed at reducing CO2 emissions from electricity generation as it will improve economic growth in South Africa. |
| first_indexed | 2024-04-10T12:14:47Z |
| format | Article |
| id | doaj.art-994c9192c490418a9a72c4b975021735 |
| institution | Directory Open Access Journal |
| issn | 2146-4553 |
| language | English |
| last_indexed | 2024-04-10T12:14:47Z |
| publishDate | 2022-01-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Energy Economics and Policy |
| spelling | doaj.art-994c9192c490418a9a72c4b9750217352023-02-15T16:15:50ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532022-01-0112110.32479/ijeep.12540Carbon Dioxide Emissions from Electricity Power Generation and Economic Growth in South AfricaNyiko Worship Hlongwane0Olebogeng David Daw1Department of Economics, North-West University, South AfricaDepartment of Economics, North-West University, South AfricaThis study analyses the relationship between CO2 emissions from electricity generation and economic growth in South Africa. The study utilises annual time series data spanning for the period from 1971 to 2014 sourced from the World Bank. The study employs a Vector Error Correction Model (VECM) to analyse the short run and long run relationships. Empirical results revealed that there is a negative statistically insignificant short run relationship and long run negative statistically significant relationship between CO2 emissions and economic growth in South Africa. The Granger causality results revealed noncausal relationship between CO2 and economic growth. The policy implication of this study is that Eskom and policy makers must propose and implement policies aimed at reducing CO2 emissions from electricity generation as it will improve economic growth in South Africa.https://econjournals.com/index.php/ijeep/article/view/12540CO2 emissionsEconomic GrowthVECMElectricity consumptionSouth Africa |
| spellingShingle | Nyiko Worship Hlongwane Olebogeng David Daw Carbon Dioxide Emissions from Electricity Power Generation and Economic Growth in South Africa International Journal of Energy Economics and Policy CO2 emissions Economic Growth VECM Electricity consumption South Africa |
| title | Carbon Dioxide Emissions from Electricity Power Generation and Economic Growth in South Africa |
| title_full | Carbon Dioxide Emissions from Electricity Power Generation and Economic Growth in South Africa |
| title_fullStr | Carbon Dioxide Emissions from Electricity Power Generation and Economic Growth in South Africa |
| title_full_unstemmed | Carbon Dioxide Emissions from Electricity Power Generation and Economic Growth in South Africa |
| title_short | Carbon Dioxide Emissions from Electricity Power Generation and Economic Growth in South Africa |
| title_sort | carbon dioxide emissions from electricity power generation and economic growth in south africa |
| topic | CO2 emissions Economic Growth VECM Electricity consumption South Africa |
| url | https://econjournals.com/index.php/ijeep/article/view/12540 |
| work_keys_str_mv | AT nyikoworshiphlongwane carbondioxideemissionsfromelectricitypowergenerationandeconomicgrowthinsouthafrica AT olebogengdaviddaw carbondioxideemissionsfromelectricitypowergenerationandeconomicgrowthinsouthafrica |