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An Analysis of Electricity Generation, Supply, and Economic Growth in Selected SADC Countries

Author

Listed:
  • Nyiko Worship Hlongwane

    (School of Economics, North-West University, South Africa.)

  • Mpho Lenoke

    (School of Economics, North-West University, South Africa.)

  • Olebogeng David Daw

    (School of Economics, North-West University, South Africa.)

Abstract

The study analysed electricity generation, supply, and economic growth in selected SADC countries. The study utilised panel data spanning from 1990 to 2020 collected from secondary sources such as the World Bank and International Energy Agency. The study conducted unit root tests, cointegration tests, optimal lags length criterion, panel ARDL, Dumitrescu-Hurlin causality and residual diagnostics tests. The results revealed that in the short run, electricity generation and supply are insignificant determinants of economic growth. However, in the long run, electricity generation and supply are significant determinants of economic growth in selected SADC countries. The study recommends restructuring and maintaining electricity generation facilities to boost economic growth in the region.

Suggested Citation

  • Nyiko Worship Hlongwane & Mpho Lenoke & Olebogeng David Daw, 2023. "An Analysis of Electricity Generation, Supply, and Economic Growth in Selected SADC Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 13(6), pages 482-493, November.
    • Handle: RePEc:eco:journ2:2023-06-50
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    More about this item

    Keywords

    Electricity Generation; Electricity Supply; Economic Growth; PARDL; SADC;
    All these keywords.

    JEL classification:

    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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