Back to Search
Start Over
The effect of mismatched supply and demand of electricity on economic growth in South Africa.
- Source :
- Energy Sources Part B: Economics, Planning & Policy; 2022, Vol. 17 Issue 1, p1-18, 18p
- Publication Year :
- 2022
-
Abstract
- Since 2008, the South African economy has experienced several power cuts (unplanned or as part of a load-shedding schedule), presumably because of the inability of the electricity supply to cover the demand. This paper examines the impact of such a demand-supply mismatch on the country's economic growth within a production function framework. To do so, we use an Autoregressive Distributed Lag Model (ARDL) for the period 1985 to 2019. The paper finds that a positive mismatch (or surplus) of electricity (supply>demand) boosts economic growth in the long run. This finding provides evidence that supports the necessity of electricity supply expansion and the promotion of energy efficiency measures that both will create a mismatch (surplus) conducive to economic growth. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 15567249
- Volume :
- 17
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- Energy Sources Part B: Economics, Planning & Policy
- Publication Type :
- Academic Journal
- Accession number :
- 160755866
- Full Text :
- https://doi.org/10.1080/15567249.2022.2038731