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Renewable Electricity Consumption and Economic Growth: A Comparative Study of South Africa and Zimbabwe
2023
Journal:  
International Journal of Energy Economics and Policy
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Abstract The study conducts a comparative analysis of the relationship between renewable electricity consumption and economic growth in South Africa and Zimbabwe. The study utilises time series data spanning from 1990 to 2019 collected from the World Bank and International Energy Agency (IEA). The study performed the Dickey-Fuller Generalised Least Squares and Phillips-Perron unit root test, ARDL Bounds test for cointegration and optimal lags models. Empirical results revealed that in the short run renewable electricity consumption has a negative impact on economic growth in both countries. In the long run, however, in South Africa it has a negative statistically significant effect in South Africa and a positive statistically insignificant effect in Zimbabwe on economic growth. The study recommends the revision of renewable electricity policies in both countries to boost economic growth significantly in both countries. Downloads Download data is not yet available. Author Biography Olebogeng David Daw, School of Economics, North-West University, South Africa. School of Economics, Professor Downloads FULL TEXT Published 2023-05-17 How to Cite Hlongwane, N. W., & Daw, O. D. (2023). Renewable Electricity Consumption and Economic Growth: A Comparative Study of South Africa and Zimbabwe. International Journal of Energy Economics and Policy, 13(3), 197–206. https://doi.org/10.32479/ijeep.13745 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 3 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Nyiko Worship Hlongwane, Olebogeng David Daw, Leeto Shogole, Selinah Ribese, Exchange Rate Volatility and Oil Prices in South Africa , International Journal of Energy Economics and Policy: Vol. 12 No. 3 (2022) Sanele Stungwa, Nyiko Worship Hlongwane, Olebogeng David Daw, Consumption and Supply of Electricity on Economic Growth in South Africa: An Econometric Approach , International Journal of Energy Economics and Policy: Vol. 12 No. 1 (2022) Nyiko Worship Hlongwane, Olebogeng David Daw, Testing Environmental Kuznets Curve Hold in South Africa: An Econometric Approach , International Journal of Energy Economics and Policy: Vol. 12 No. 3 (2022) Nyiko Worship Hlongwane, Olebogeng David Daw, The Challenges and Opportunities of Electricity Generation on Economic Growth in South Africa: An ARDL Approach , International Journal of Energy Economics and Policy: Vol. 12 No. 2 (2022) 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: Vol. 12 No. 1 (2022) Tumelo Mmutle, Olebogeng David Daw, Hlalefang Khobai, Effects of Energy Pricing on the Mining Sector Performance in South Africa: An Econometric Approach , International Journal of Energy Economics and Policy: Vol. 12 No. 6 (2022) Nyiko Worship Hlongwane, Olebogeng David Daw, Electricity Consumption and Population Growth in South Africa: A Panel Approach , International Journal of Energy Economics and Policy: Vol. 13 No. 3 (2023) Nyiko Worship Hlongwane, Olebogeng David Daw, Assessing the Possibility of Medupi and Kusile Providing Enough Electricity Running at Full Capacity in South Africa , International Journal of Energy Economics and Policy: Vol. 13 No. 4 (2023) Make a Submission Make a Submission Dergi Kapağı

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International Journal of Energy Economics and Policy

Field :   Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

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Article : 2.578
Cite : 3.956
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International Journal of Energy Economics and Policy