Co-integration between Electricity Supply and Economic Growth in South Africa

Volume: 6 Number: 3 September 1, 2016
  • Hlalefang Khobai
  • Sanderson Abel
  • Pierre Le Roux
EN

Co-integration between Electricity Supply and Economic Growth in South Africa

Abstract

This study probes the short and long run relationship between economic growth, electricity supply, trade openness, electricity prices, employment and capital in South Africa within a multivariate framework. The autoregressive distributed lag bound testing was employed to establish the long run relationship between these variables using data for the period between 1985 and 2014. Major findings of the study include that economic growth, electricity supply, trade openness, electricity prices, employment and capital are co-integrated. Overall, the paper suggests that efficient planning and increased investments in electricity supply industry infrastructure is of essence to solve the problem of electricity supply as this would force the sustainable economic growth in South Africa.

Keywords

Details

Primary Language

English

Subjects

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Journal Section

-

Authors

Hlalefang Khobai This is me

Sanderson Abel This is me

Pierre Le Roux This is me

Publication Date

September 1, 2016

Submission Date

September 1, 2016

Acceptance Date

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Published in Issue

Year 2016 Volume: 6 Number: 3

APA
Khobai, H., Abel, S., & Roux, P. L. (2016). Co-integration between Electricity Supply and Economic Growth in South Africa. International Journal of Energy Economics and Policy, 6(3), 637-645. https://izlik.org/JA74TY86DF
AMA
1.Khobai H, Abel S, Roux PL. Co-integration between Electricity Supply and Economic Growth in South Africa. IJEEP. 2016;6(3):637-645. https://izlik.org/JA74TY86DF
Chicago
Khobai, Hlalefang, Sanderson Abel, and Pierre Le Roux. 2016. “Co-Integration Between Electricity Supply and Economic Growth in South Africa”. International Journal of Energy Economics and Policy 6 (3): 637-45. https://izlik.org/JA74TY86DF.
EndNote
Khobai H, Abel S, Roux PL (September 1, 2016) Co-integration between Electricity Supply and Economic Growth in South Africa. International Journal of Energy Economics and Policy 6 3 637–645.
IEEE
[1]H. Khobai, S. Abel, and P. L. Roux, “Co-integration between Electricity Supply and Economic Growth in South Africa”, IJEEP, vol. 6, no. 3, pp. 637–645, Sept. 2016, [Online]. Available: https://izlik.org/JA74TY86DF
ISNAD
Khobai, Hlalefang - Abel, Sanderson - Roux, Pierre Le. “Co-Integration Between Electricity Supply and Economic Growth in South Africa”. International Journal of Energy Economics and Policy 6/3 (September 1, 2016): 637-645. https://izlik.org/JA74TY86DF.
JAMA
1.Khobai H, Abel S, Roux PL. Co-integration between Electricity Supply and Economic Growth in South Africa. IJEEP. 2016;6:637–645.
MLA
Khobai, Hlalefang, et al. “Co-Integration Between Electricity Supply and Economic Growth in South Africa”. International Journal of Energy Economics and Policy, vol. 6, no. 3, Sept. 2016, pp. 637-45, https://izlik.org/JA74TY86DF.
Vancouver
1.Hlalefang Khobai, Sanderson Abel, Pierre Le Roux. Co-integration between Electricity Supply and Economic Growth in South Africa. IJEEP [Internet]. 2016 Sep. 1;6(3):637-45. Available from: https://izlik.org/JA74TY86DF