Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/311643 
Erscheinungsjahr: 
2024
Schriftenreihe/Nr.: 
WIDER Working Paper No. 2024/89
Verlag: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Zusammenfassung: 
South Africa's grid remains unstable and characterized by frequent power cuts. Employing a generalized difference-in-difference approach, this paper examines the implications of South Africa's electricity crises on jobs, capital investment, and exporting across manufacturing firms in the country. Our results show robust evidence that the electricity crises have destroyed jobs, lowered capital investments, and upended export activities of manufacturing firms, with this adverse effect severe for firms with higher energy vulnerability intensity. Furthermore, we find that differing sources of firm heterogeneity vis-à-vis ownership structure, age, size, and financial status modulate the impact of electricity crises on firm performance. Overall, these results indicate that policies aimed to help firms cope with the impact of the electricity crises must take into consideration the unique differences across and between manufacturing firms.
Schlagwörter: 
electricity crises
electricity vulnerability
jobs
export
investment
manufacturing firms
South Africa
JEL: 
L60
O14
Q40
Persistent Identifier der Erstveröffentlichung: 
ISBN: 
978-92-9267-554-7
Dokumentart: 
Working Paper

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