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- W2904682483 abstract "With escalating fears of climate change reaching irreversible levels, much emphasis has been recently placed on shifting to renewable sources of energy in supporting future economic livelihood. Focusing on South Africa, as Africa’s largest energy consumer and producer, our study investigates the short-run and long-run effects of renewable energy on economic growth using linear and nonlinear autoregressive distributive lag (ARDL) models. Working with data availability, our empirical analysis is carried out over the period of 1991 to 2016, and our results unanimously fail to confirm any linear or nonlinear cointegration effects of the consumption and production of renewable energy on South African economic growth. We view the absence of cointergation relations as an indication of inefficient usage of renewable energy in supporting sustainable growth in South Africa and hence advise policymakers to accelerate the establishment of necessary renewable infrastructure in supporting future energy requirements." @default.
- W2904682483 created "2018-12-22" @default.
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- W2904682483 date "2018-10-29" @default.
- W2904682483 modified "2023-09-27" @default.
- W2904682483 title "Renewable energy-economic growth nexus in South Africa: Linear, nonlinear or non-existent?" @default.
- W2904682483 hasPublicationYear "2018" @default.
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