Logo
Munich Personal RePEc Archive

Renewable electricity consumption and economic growth: A comparative study of South Africa and Zimbabwe

Hlongwane, Nyiko Worship and Daw, Olebogeng David (2022): Renewable electricity consumption and economic growth: A comparative study of South Africa and Zimbabwe.

[thumbnail of MPRA_paper_115154.pdf]
Preview
PDF
MPRA_paper_115154.pdf

Download (351kB) | Preview

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.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.