EN
The Impact of Electricity Price on Economic Growth in South Africa
Abstract
This study explores the relationship between electricity prices and economic growth in South Africa within a multivariate framework over the period 1985-2014. The autoregressive distributed lag (ARDL) bounds test is implemented to determine long run relationship among the variables. The findings of the ARDL model suggest that there is a long run relationship between electricity supply, economic growth, electricity prices, trade openness, employment and capital. Specifically, the empirical findings reveal that electricity prices negatively affect economic growth while electricity supply, trade openness, capital and employment have a positive impact on economic growth. These findings bring a fresh perspective for creating electricity policies that will enhance economic growth in South Africa
Keywords
Details
Primary Language
English
Subjects
-
Journal Section
-
Publication Date
March 1, 2017
Submission Date
March 1, 2017
Acceptance Date
-
Published in Issue
Year 2017 Volume: 7 Number: 1
APA
Khobai, H., Mugano, G., & Roux, P. L. (2017). The Impact of Electricity Price on Economic Growth in South Africa. International Journal of Energy Economics and Policy, 7(1), 108-116. https://izlik.org/JA88BH44LG
AMA
1.Khobai H, Mugano G, Roux PL. The Impact of Electricity Price on Economic Growth in South Africa. IJEEP. 2017;7(1):108-116. https://izlik.org/JA88BH44LG
Chicago
Khobai, Hlalefang, Gift Mugano, and Pierre Le Roux. 2017. “The Impact of Electricity Price on Economic Growth in South Africa”. International Journal of Energy Economics and Policy 7 (1): 108-16. https://izlik.org/JA88BH44LG.
EndNote
Khobai H, Mugano G, Roux PL (March 1, 2017) The Impact of Electricity Price on Economic Growth in South Africa. International Journal of Energy Economics and Policy 7 1 108–116.
IEEE
[1]H. Khobai, G. Mugano, and P. L. Roux, “The Impact of Electricity Price on Economic Growth in South Africa”, IJEEP, vol. 7, no. 1, pp. 108–116, Mar. 2017, [Online]. Available: https://izlik.org/JA88BH44LG
ISNAD
Khobai, Hlalefang - Mugano, Gift - Roux, Pierre Le. “The Impact of Electricity Price on Economic Growth in South Africa”. International Journal of Energy Economics and Policy 7/1 (March 1, 2017): 108-116. https://izlik.org/JA88BH44LG.
JAMA
1.Khobai H, Mugano G, Roux PL. The Impact of Electricity Price on Economic Growth in South Africa. IJEEP. 2017;7:108–116.
MLA
Khobai, Hlalefang, et al. “The Impact of Electricity Price on Economic Growth in South Africa”. International Journal of Energy Economics and Policy, vol. 7, no. 1, Mar. 2017, pp. 108-16, https://izlik.org/JA88BH44LG.
Vancouver
1.Hlalefang Khobai, Gift Mugano, Pierre Le Roux. The Impact of Electricity Price on Economic Growth in South Africa. IJEEP [Internet]. 2017 Mar. 1;7(1):108-16. Available from: https://izlik.org/JA88BH44LG