期刊名称:International Journal of Energy Economics and Policy
电子版ISSN:2146-4553
出版年度:2017
卷号:7
期号:4
页码:156-164
语种:English
出版社:EconJournals
摘要:This paper analyses the impact of urbanization on electricity consumption in South Africa. The sample covers the period from 1971 through to 2013. Trade openness, Capital formation and labour are incorporated as intermittent variables. The Johansen co-integration method and the Granger causality test based on vector error correction model (VECM) are applied to determine this empirical analysis. The results show that the electricity consumption, urbanization, trade openness, labour and capital are co-integrated. It was established that urbanization and trade openness have a positive and a significant impact on electricity consumption. The VECM results reveal an existence of a unidirectional causality flowing from urbanization, trade openness, labour and capital to electricity consumption. The findings of this study bring a fresh perspective for the energy policy makers and urban planners in South Africa. Keywords: Electricity Consumption, Urbanization, Carbon Dioxide, South Africa JEL Classifications: C32, O55, Q43
其他摘要:This paper analyses the impact of urbanization on electricity consumption in South Africa. The sample covers the period from 1971 through to 2013. Trade openness, Capital formation and labour are incorporated as intermittent variables. The Johansen co-integration method and the Granger causality test based on vector error correction model (VECM) are applied to determine this empirical analysis. The results show that the electricity consumption, urbanization, trade openness, labour and capital are co-integrated. It was established that urbanization and trade openness have a positive and a significant impact on electricity consumption. The VECM results reveal an existence of a unidirectional causality flowing from urbanization, trade openness, labour and capital to electricity consumption. The findings of this study bring a fresh perspective for the energy policy makers and urban planners in South Africa. Keywords: Electricity Consumption, Urbanization, Carbon Dioxide, South Africa JEL Classifications: C32, O55, Q43