{"title":"电力供需不匹配对南非经济增长的影响","authors":"Tichinashe Mabugu, R. Inglesi‐Lotz","doi":"10.1080/15567249.2022.2038731","DOIUrl":null,"url":null,"abstract":"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.","PeriodicalId":51247,"journal":{"name":"Energy Sources Part B-Economics Planning and Policy","volume":"9 1","pages":""},"PeriodicalIF":3.1000,"publicationDate":"2022-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"5","resultStr":"{\"title\":\"The effect of mismatched supply and demand of electricity on economic growth in South Africa\",\"authors\":\"Tichinashe Mabugu, R. Inglesi‐Lotz\",\"doi\":\"10.1080/15567249.2022.2038731\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"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.\",\"PeriodicalId\":51247,\"journal\":{\"name\":\"Energy Sources Part B-Economics Planning and Policy\",\"volume\":\"9 1\",\"pages\":\"\"},\"PeriodicalIF\":3.1000,\"publicationDate\":\"2022-02-21\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"5\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Energy Sources Part B-Economics Planning and Policy\",\"FirstCategoryId\":\"5\",\"ListUrlMain\":\"https://doi.org/10.1080/15567249.2022.2038731\",\"RegionNum\":4,\"RegionCategory\":\"工程技术\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ENERGY & FUELS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Energy Sources Part B-Economics Planning and Policy","FirstCategoryId":"5","ListUrlMain":"https://doi.org/10.1080/15567249.2022.2038731","RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ENERGY & FUELS","Score":null,"Total":0}
The effect of mismatched supply and demand of electricity on economic growth in South Africa
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.
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