The impact of electricity prices and supply on attracting FDI to South Africa

dc.contributor.authorInglesi-Lotz, Roula
dc.contributor.authorAjmi, Ahdi Noomen
dc.date.accessioned2022-09-02T09:45:16Z
dc.date.available2022-09-02T09:45:16Z
dc.date.issued2021-06
dc.description.abstractInward Foreign Direct Investment (FDI) plays an important role on the overall economic conditions of host countries, particularly the ones that are still in low developmental stages. South Africa (SA) as an example of this group of countries has also experienced intermittent electricity supply and increasing electricity tariffs since 2008. As the literature suggests that attracting FDI depends on the conditions of the host country, the main purpose of this study is to examine the impact that electricity prices and supply, as representatives of the energy conditions of SA as a host country, had to the attractiveness of FDI to SA. To do so, this study uses the Autoregressive Distributed Lag (ARDL) cointegration approach for the period 1985 to 2018. The findings of the study indicated that indeed the initial hypotheses have been confirmed: (1) electricity supply is a positive contributor to inward FDI, ceteris paribus, and (2) electricity prices are a negative contributor to inward FDI, ceteris paribus.en_US
dc.description.departmentEconomicsen_US
dc.description.librarianhj2022en_US
dc.description.urihttp://link.springer.com/journal/11356en_US
dc.identifier.citationInglesi-Lotz, R., Ajmi, A.N. The impact of electricity prices and supply on attracting FDI to South Africa. Environmental Science and Pollution Research 28, 28444–28455 (2021). https://doi.org/10.1007/s11356-021-12777-1.en_US
dc.identifier.issn0944-1344 (print)
dc.identifier.issn1614-7499 (online)
dc.identifier.other10.1007/s11356-021-12777-1
dc.identifier.urihttps://repository.up.ac.za/handle/2263/87041
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.rights© The Author(s), under exclusive licence to Springer-Verlag GmbH, DE part of Springer Nature 2021. The original publication is available at : http://link.springer.com/journal/11356 [12 months embargo]en_US
dc.subjectForeign direct investment (FDI)en_US
dc.subjectAutoregressive distributed lag (ARDL)en_US
dc.subjectElectricity pricesen_US
dc.subjectElectricity generationen_US
dc.subjectInward FDIen_US
dc.subjectSouth Africa (SA)en_US
dc.subjectEconomic growthen_US
dc.titleThe impact of electricity prices and supply on attracting FDI to South Africaen_US
dc.typePostprint Articleen_US

Files

Original bundle

Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
InglesiLotz_Impact_2021.pdf
Size:
338.9 KB
Format:
Adobe Portable Document Format
Description:
Postprint Article

License bundle

Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
license.txt
Size:
1.75 KB
Format:
Item-specific license agreed upon to submission
Description: