Economic impacts of electricity supply shortages in South Africa
Hiroaki Suenaga
No wp-2024-82, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
This study examines the sectoral impacts of electricity supply shortages in South Africa, using the cost share information available from the 2015 social accounting matrix. A simulation conducted under each of two technological assumptions, Cobb-Douglas and Leontief, reveals that a productivity decline in the electricity, gas, steam, and hot water supply (EGSH) sector increases the price of the EGSH sector substantially, while it affects the other sectors marginally due to the small cost shares of the EGSH factor in these sectors.
Keywords: Electricity; Computable general equilibrium; Prices; Productivity; Costs; South Africa (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2024-82
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